ONGC sells June Mumbai stem
SINGAPORE, May 25 (Reuters) Oil and Natural Gas Corp (ONGC) has sold 35,000 tonnes of naphtha from Mumbai for loading in June at a similar premium to its previous sale, trading sources said on Friday.
ONGC sold the cargo, to be loaded from Jawahar Lal Nehru Port (JNPT) in Mumbai on June 11-13, to Itochu at a a tonne premium to Middle East spot quotes, free-on-board (FOB) basis.
In its previous tender, ONGC sold the same size cargo for May 10-12 loading from JNPT at a - premium to Middle East spot quotes.
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Story first published: Friday, May 25, 2007, 17:37 [IST]