25 April 2013 11:02 [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 to trading firm Vitol for loading from Hazira on 5-6 May, traders said on Thursday.
The deal for the cargo was done at a premium of $39.38/tonne (€30.32/tonne) to Middle East quotes FOB (free on board), they added.
In its previous tender, ONGC sold a 35,000 tonne naphtha cargo to Japanese trading firm Marubeni for loading from Hazira on 5-6 May. The deal for the cargo was done at a premium of $41/tonne to Middle East quotes FOB.
($1 = €0.77)
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