India’s MRPL issues tender offering jet kerosene for late August

30 July 2013 10:12  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Mangalore Refinery and Petrochemical Ltd (MRPL) has issued a tender offering 40,000 tonnes of jet kerosene for loading on 25-27 August, according to a company document obtained by ICIS on Tuesday.

The jet-kerosene tender issued by MRPL will be awarded on an FOB (free on board) basis. Pricing will be linked to the monthly average FOB Singapore market quotes. The tender will close on 1 August, with validity until 2 August.

Previously, MRPL awarded a tender offering 40,000 tonnes of jet kerosene for loading on 17-19 August to a European major at around Singapore market quotes minus $0.50-$0.75/bbl FOB New Mangalore.

($1 = €0.75)

By: James Dennis
+65 6780 4327

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