Abu Dhabi National Oil Co (ADNOC) plans to shorten its term naphtha delivery period to three from 12 months starting October. It has pegged its splitter naphtha premium at US$11.50/ton to its own formmula on a free-on-board (FOB) basis, and the paraffinic grade at US$12.
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Thursday, August 05, 2010
ADNOC to shorten term naphtha delivery period from 12 months to 3 months
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