22 November 2013 04:05 [Source: ICIS news]
SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) is selling by tender a 35,000-tonne naphtha cargo for loading from Hazira in mid-December, according to a tender document obtained by ICIS on Friday.
The loading dates are 16-17 December, it showed.
The tender closes on 27 November, with bids to stay valid on the same day, the document stated.
ONGC previously sold by tender 35,000 tonnes of naphtha for loading from Hazira in early December.
The deal for the cargo was done at a premium of $38/tonne (€29/tonne) to FOB (free on board) Middle East quotes.
Japanese trading firm Marubeni was the buyer of the cargo, which is scheduled for loading on 2-3 December.
($1 = €0.75)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections