Asia Naphtha-India's ONGC offers third July stem

By Staff
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Google Oneindia News

SINGAPORE, June 16 (Reuters) - India's Oil and Natural Gas Corp. (ONGC) has issued a tender to sell a 35,000-tonne cargo of naphtha, its third stem for July loading, a tender document showed on Friday.

The tender will close on June 21 and remain valid until June 22, it said.

ONGC is offering the lot for loading on July 24-25 from the west coast port of Hazira, it said.

In its previous tender, ONGC sold two 35,000-tonne naphtha cargoes, one to Japan's Mitsui for loading on July 5-7 from the west coast port of Mumbai at a premium of - a tonne to benchmark Middle East spot quotes.

The company sold the other lot to Total for loading on July 9-10 from Hazira on the Indian west coast at a premium of - a tonne to benchmark quotes.

REUTERS DH RS0757

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