Mubasher: Emirates National Oil Company (ENOC) has reportedly bought 35,000 tonnes of naphtha from India’s Oil and National Gas Corp (ONGC).
The UAE-based energy company does not regularly buy naphtha from the Indian spot market, an informed source told Reuters on Friday.
ENOC won a tender yesterday for a cargo scheduled for 1 and 2 April “loading from Mumbai at a premium of $20 to $21 a tonne to the Middle East quotes on a free-on-board (FOB) basis”, the source added
