Monday, May 10, 2010

ADNOC offers term naphtha to Asia

Abu Dhabi National Oil Co. (ADNOC) has offered to sell naphtha to Asian buyers for July 2010 to June 2011. Splitter-grade naphtha was offered at a premium of US$22.50/ton to the company’s benchmark foormula, low-sulfur naphtha was offered at a premium of US$23.

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