A shutdown of ONGC's key unit at its biggest gas field has led to diminished supplies of naphtha. This supply crunch is likely to push ONGC in a situation where it will not offer any further cargoes of naphtha for Jan/Feb loading, as the platform will be shut until Jan 25. Work to upgrade a processing platform at its South Bassein gas field, off the west coast, has cut gas supplies by 26%.
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Friday, January 18, 2008
India's naphtha exports to be hit as ONGC to halt further naphtha cargoes f...
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