India’s ONGC sells 35,000 tonnes naphtha for early May loading

22 April 2013 06:04  [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 from Hazira on 5-6 May, traders said on Monday.

The deal for the cargo was done at a premium of $41/tonne (€31/tonne) to Middle East quotes FOB (free on board), they added.

Japanese trading firm Marubeni won the cargo, traders said.

($1 = €0.76)

By: Felicia Loo

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