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

29 April 2013 05:24  [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 17-18 May, according to a tender document obtained by ICIS on Monday.

The tender closes on 30 April, with bids to remain valid on the same day.

ONGC previously sold by tender a 35,000 tonne naphtha cargo to trading firm Vitol for loading from Hazira on 5-6 May. 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).

($1 = €0.77)


By: Felicia Loo



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