ONGC sells April naphtha at similar premium
SINGAPORE, Mar 16 (Reuters) Oil and Natural Gas Corp. (ONGC) has sold one naphtha cargo from the west coast port of Hazira for late April loading to South Korea's SK Corp.
at a similar premium to its last sale, traders said on Friday.
ONGC sold the 35,000-tonne parcel at a premium of around a tonne to Middle East spot quotes, on a free-on-board (FOB) basis, for April 22-23 loading, they said.
The refiner early this month sold a similar cargo for early April loading from Hazira to Shell at a premium of - a tonne to Middle East spot quotes, FOB.
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Story first published: Tuesday, March 20, 2007, 2:45 [IST]