Mangalore Refinery Offers to Sell Jet Fuel, Naphtha for July

Mangalore Refinery & Petrochemicals Ltd. (MRPL) offered to sell 71,000 metric tons of jet fuel and naphtha for July loading, the company said in documents e-mailed to potential buyers.

Details of the offer are as follow:

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Product:    Aviation turbine fuel, comprising jet kerosene
            and A1-grade jet fuel
Quantity:   36,000 tons
Loading:    July 20 to July 22
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Product:    Naphtha
Quantity:   35,000 tons
Loading:    July 18 to July 20
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Port:       New Mangalore, west coast of India
Bids open:  June 21, 9:30 a.m. local time
Bids close: June 22, 6:30 p.m. local time
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Oil & Natural Gas Corp. (ONGC), India’s largest crude producer, owns 72 percent of Mangalore Refinery.

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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