Tasweeq sells 25,000 tonnes GTL, 50,000 tonnes plant condensates

22 August 2013 09:50 Source:ICIS News

SINGAPORE (ICIS)--Qatar International Petroleum Marketing (Tasweeq) has sold by tender 25,000 tonnes of gas-to-liquids (GTL) and 50,000 tonnes of plant condensate for loading in September, traders said on Thursday.

The deal for the supplies was done at a premium of $20/tonne (€15/tonne) to Middle East quotes FOB (free on board), they added.

The loading dates for the GTL supplies fall on 10-11 September, while the plant condensate cargo will be loaded on 12-13 September, the traders said.

Previously, Tasweeq sold by tender supplies of full-range naphtha and plant condensate, for loading from Ras Laffan on 20-25 August. The tender comprised 50,000 tonnes of full-range naphtha and 25,000 tonnes of plant condensate.

The deal was done at a premium of $27-28/tonne to Middle East quotes FOB  pricing.

($1 = €0.75)

By Felicia Loo