ADNOC has sealed contracts for naphtha lifting for a 12-month period starting July, with most of its Asian buyers at record premiums of US$26-27.50/ton to its own price formula after being locked in ttalks since May 14, as per Reuters.
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Wednesday, June 06, 2012
ADNOC seals 12 month term naphtha deals with most Asian buyers at record premiums
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