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India’s ONGC Offers to Sell Naphtha Cargo for March Loading

Oil & Natural Gas Corp. (ONGC), India’s biggest state-owned oil explorer, offered a naphtha cargo for loading in March, according to a document e-mailed to potential buyers.

Details of the offer are as follow:

----------------------------------------------------------------
Product:       Naphtha
Quantity:      35,000 metric tons
Loading:       March 21 to March 22
Ports:         Mumbai
Bids open:     March 2, 9:30 a.m. local time
Bids validity: March 2, 7:30 p.m. local time
----------------------------------------------------------------

To contact the reporter on this story: Yee Kai Pin in Singapore at kyee13@bloomberg.net

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

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