18 July 2013 10:08 [Source: ICIS news]
SINGAPORE (ICIS)--India’s Reliance Industries Ltd (RIL) has sold 55,000 tonnes of spot naphtha supply to oil major BP, traders said on Thursday.
The deal for the cargo was done at a premium of around $25/tonne (€19/tonne) to Middle East quotes FOB (free on board), they said.
The dates for loading from Sikka are scheduled on 12-14 August, traders said.
Reliance previously sold a similar-sized spot naphtha cargo for 5-10 July loading from Sikka, to Vitol at a premium of $23.00-24.00/tonne to Middle East quotes FOB.
($1 = €0.76)
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