India’s ONGC offers 35,000 tonnes naphtha for 22-23 April loading

01 April 2013 09:21  [Source: ICIS news]

SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) is offering by tender a 35,000 tonne naphtha cargo for loading from Hazira on 22-23 April, according to a tender document obtained by ICIS on Monday.

The tender closes on 4 April, with bids to stay valid on the same day, it showed.

ONGC last sold by tender a similar-sized cargo to oil major BP for loading from Hazira on 13-14 April. The deal for the cargo was done at a premium of $49.50/tonne (€38.60/tonne) to Middle East quotes FOB (free on board).

($1 = €0.78)

By: Felicia Loo

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