Tuesday, February 14, 2012

ADNOC offers April-March term naphtha to Asia at premiums of US$25-27/ton

Abu Dhabi National Oil Co. (ADNOC) offered to term naphtha for April to March 2013 to Asian buyers at premiums of US$25-27/ton above Middle East prices, as per sources in Bloomberg. Abu Dhabi offered Pentane-Plus grade naphtha at a premium of US$27, low-sulfur naphtha at a premium of US$26 a ton and Splitter-grade at US$25/ton.

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