India’s ONGC sells 35,000 tonnes naphtha ex-Mumbai

07 February 2013 09:05  [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 for loading in the second half of February from Mumbai, traders said on Thursday.

The buyer was Daewoo and the deal for the cargo was done at a premium of $53.00/tonne (€39.20/tonne) to Middle East quotes FOB (free on board), they added.

($1 = €0.74)

By: Felicia Loo

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