Indian Oil offers spot naphtha supply from Kandla, Dahej

18 April 2013 04:39  [Source: ICIS news]

SINGAPORE (ICIS)--Indian Oil Corp (IOC) is offering by tender naphtha exports from Kandla and Dahej for loading in the first half of May, traders said on Thursday.

The state-owned oil and gas company has put on sale a 20,000 tonne naphtha cargo for loading from Kandla on 8-10 May as well as a 10,000 tonne naphtha cargo for loading from the same port on 14-16 May, they added.

IOC is also offering 35,000-40,000 tonnes of naphtha for loading from Dahej on 14-16 May, traders said.

The tender closes on 22 April, they said.

Meanwhile, IOC is expected to shut its 857,000 tonne/year naphtha cracker in Panipat for scheduled maintenance for two weeks starting from 22 April. As a result, more naphtha exports will emerge from Dahej and Kandla.

By: Felicia Loo

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