Indian Oil sells early March naphtha cargo ex-Dahej

18 February 2013 09:56  [Source: ICIS news]

SINGAPORE (ICIS)--Indian Oil Corp (IOC) has sold by tender a 35,000-40,000 tonne naphtha cargo to the State Oil Company of the Azerbaijan Republic SOCAR for loading from Dahej in early March, traders said on Monday.

The deal for the cargo was done at a premium of $68.25/tonne (€51.20/tonne) to IOC pricing formula FOB (free on board), they added.

The loading dates are 5-7 March, traders said.

($1 = €0.75)


By: Felicia Loo



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