India’s ONGC offers 35,000 tonnes naphtha for 17-18 March

22 February 2013 08:23  [Source: ICIS news]

SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) is offering by tender 35,000 tonnes of naphtha for loading from Hazira on 17-18 March, traders said on Friday.

The tender closes on 26 February, with bids to stay valid on the same day, they added.

In its previous tender, ONGC sold a 35,000 tonne naphtha cargo to Chevron for loading from Hazira on 3-4 March.

The deal for the cargo was done at a premium of around $50/tonne (€38/tonne) to Middle East quotes FOB (free on board).

($1 = €0.76)


By: Felicia Loo



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly