India’s ONGC offers early August naphtha cargo from Hazira
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India’s Oil and Natural Gas Corp (ONGC) is offering a naphtha cargo from Hazira for lifting in early August, industry sources said on Monday.
The 35,000 tonne cargo will be slated for lifting over 1-2 August from Hazira, Gujarat. The tender will close on 8 July, and valid up to 9 July.
ONGC sold a similar cargo for lifting on 20-21 July at a premium of $32.50/tonne (€23.40/tonne) to Middle East quotes FOB (free on board) Hazira. Its early July cargo was sold at a lower premium of $29/tonne to Middle East quotes FOB Hazira.
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