Friday, February 18, 2011

ADNOC offers naphtha for April 2011-March 2012 lifting at lower premiums vs 2010-2011

Abu Dhabi National Oil Company (ADNOC) has pegged its offers for three naphtha grades for April 2011-March 2012 lifting at lower premiums as compared to offers for 2010-2011. These premium levels are likely to impact offers from Kuwait Petroleum Corp (KPC), currently holding its term talks for the same lifting period in Singapore.

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