Owing to a week long close down of Petronet LNG's 5 mln tpa liquefied natural gas plant in mid-October, state owned Indian Oil Corp (IOC) will not engage in naphtha spot exports for October lifting. TThis cut in naphtha spot exports is the third consecutive cut after IOC announced the same in August and September spot exports due to maintenance shut down of its Panipat and Koyali refineries.
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Wednesday, September 10, 2008
IOC to refrain from Oct naphtha spot exports due to Petronet LNG plant shutdown
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