UAE's Adnoc sells term naphtha supplies for August 2013-July 2014

05 July 2013 04:50  [Source: ICIS news]

SINGAPORE (ICIS)--The Abu Dhabi National Oil Company (Adnoc) has agreed to sell term naphtha supplies for loading during the period from August 2013 to July 2014, traders said on Friday.

The pentane naphtha grade was done at a premium of $30.00/tonne (€23.40/tonne) to Adnoc’s pricing formula FOB (free on board), while the low-sulphur naphtha was agreed at a premium of $29.00/tonne to Adnoc’s pricing formula FOB, they added.

The splitter naphtha was done at a premium of $28.00/tonne to Adnoc’s pricing formula FOB, traders said.

($1 = €0.78)


By: Felicia Loo



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