Monday, February 15, 2010

H1-March cargoes of 70,000 tons fetch lower premiums for ONGC

Oil and Natural Gas Corp (ONGC) has fetched a lower premium on volumes of 70,000 tons for H1-March lifting, due to softer demand. 35,000 tons of heavy naphtha for March 9-10 loading from Hazira port tto Shell fetched a premium of about US$27/ton to Middle East quotes on a FOB basis.

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