Abu Dhabi National Oil Co (Adnoc) has offered April 2009-March 2010 naphtha supplies at premiums at 6-8 times more than the premium fetched for its previous contract of December 2008-November 2009. Peentane-plus grade was offered at a US$26/ton premium to Middle East quotes, on a free-on-board (FOB) basis, and splitter naphtha was offered at a premium of US$23.
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Friday, February 13, 2009
Adnoc offers naphtha at premiums 6-8 times higher than previous premium
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