India’s ONGC offers 35,000 tonnes naphtha for early June

14 May 2013 03:14  [Source: ICIS news]

SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) has floated an export tender for 35,000 tonnes of naphtha for loading from Mumbai in early June, according to a tender document obtained by ICIS on Tuesday.

The loading dates are 4-5 June, it indicated.

Bids must be submitted by 16 May and the validity will last until 17 May, the document stated.

ONGC previously sold by tender a 35,000 tonne naphtha cargo to Japanese firm Marubeni for loading from Hazira on 29-30 May, at a premium of $30.00/tonne (€23.10/tonne) to Middle East quotes FOB (free on board).

($1 = €0.77)


By: Felicia Loo



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