Indian Oil Said to Sell 65,000 Tons February Naphtha

(Corrects buyer in table. See OTEN for a database of tenders.)

Total SA and Royal Dutch Shell Plc bought a total of 65,000 metric tons of naphtha from Indian Oil Corp. (IOCL), the nation’s largest refiner, said two traders who declined to be identified because they aren’t authorized to speak with the media.

Details of the trade are:

-----------------------------------------------------------
Product:    Naphtha
Quantity:   35,000 tons
Loading:    Feb. 24-26
Port:       Dahej, India’s west coast
Buyer:      Total
Seller:     Indian Oil
-----------------------------------------------------------
Product:    Naphtha
Quantity:   30,000 tons
Loading:    Feb. 25-27
Port:       Kandla, India’s west coast
Buyer:      Shell
Seller:     Indian Oil
-----------------------------------------------------------

To contact the reporter on this story: Pratish Narayanan in Mumbai at pnarayanan9@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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