IOC offers first cargo from Haldia

Indian Oil Corp (IOC) has offered 15000-16000 tons of naphtha for mid-May loading from Haldia- IOC's first cargo being shipped out of Haldia. This cargo may have been excess supply for one of the petrochemical producers in northeast India region. IOC usually exports naphtha from Dahej and Kandla on the Western coast of India, or Chennai in the south-east. The cargo is for May 17-21 lifting, and the tender closes on April 24.