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

15 August 2013 05:42  [Source: ICIS news]

SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) is selling a 35,000 tonne naphtha cargo for loading from Hazira on 7-8 September, according to a tender document obtained by ICIS on Thursday.

The tender closes on 20 August, with bids to stay valid until 21 August, the document showed.

ONGC previously sold by tender a 35,000 tonne naphtha cargo for loading from Hazira on 27-28 August to Chinese trading firm Unipec.

The deal for the cargo was done at a premium of Middle East quotes FOB (free on board) pricing plus $22.50/tonne (€16.88/tonne).

($1 = €0.75)


By: Felicia Loo



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