04 February 2013 04:45 [Source: ICIS news]
SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) has sold by tender a 35,000 tonne naphtha cargo to Japanese trading firm Itochu for loading in second half of February, traders said on Monday.
The deal for the cargo was done at a premium of $50.51/tonne (€36.87/tonne) to Japan quotes CFR (cost & freight) for loading from Hazira on 21-22 February, they added.
In its previous tender, ONGC sold a 35,000 tonne naphtha cargo to Japanese trading firm Idemitsu for loading from Hazira on 9-10 February. The deal for the cargo was done at a premium of $43.50/tonne to Middle East quotes FOB (free on board).
($1 = €0.73)
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