India’s ONGC sells 35,000 tonnes naphtha for 8-10 August

24 July 2014 10:45 Source:ICIS News

SINGAPORE (ICIS)--Indian state-owned refiner Oil and Natural Gas Corp (ONGC) has sold by tender a 35,000 tonne naphtha cargo for loading from Hazira on 9-10 August, traders said on Thursday.

The buyer was trading firm Vitol, they added.

The deal for the cargo was done at a premium of $31/tonne to FOB (free on board) Middle East quotes, the traders said.

By Felicia Loo