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

13 June 2013 02:26  [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 in early July, according to a tender document obtained by ICIS on Thursday.

The cargo is scheduled for loading on 5-6 July, the document stated.

The tender closes on 18 June, with bids to stay valid until 19 June, the document showed.

ONGC previously sold by tender a 35,000 tonne naphtha cargo for loading from Hazira on 23-24 June. The deal for the cargo was done at a premium of $26.25/tonne (€19.69/tonne) to Middle East quotes FOB (free on board). ($1 = €0.75)


By: Felicia Loo



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