Tuesday, February 22, 2011

No buyer acceptances for April 2011-March 2012 naphtha for Middle Eastern naphtha

Naphtha buyers in term talks with Abu Dhabi National Oil Company (ADNOC) and Kuwait Petroleum Corporation (KPC) are locked in a standoff over what they deem to be high premiums for the supply of naphttha over the April 2011-March 2012 cycle, as per Platts.

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