Economic Calendar

Tuesday, October 28, 2008

Oil & Natural Gas Offers to Sell Naphtha for November Loading

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By Christian Schmollinger

Oct. 28 (Bloomberg) -- Oil & Natural Gas Corp., India's largest oil and gas producer, offered to sell naphtha for loading in November, the company said in an e-mailed document.

Details of the company's offer are as follows:


-----------------------------------------------------------
Product: Naphtha
Quantity: 35,000 metric tons
Loading: Nov. 17-18
Port: Hazira, west coast of India
Bid closing: Nov. 4
Bid Validity: Nov. 5, 5 p.m. India time
------------------------------------------------------------
Product: Naphtha
Quantity: 35,000 tons
Loading: Nov. 22-23
Port: Mumbai, west coast of India
Bid closing: Nov. 4
Bid Validity: Nov. 5, 5 p.m. India time
------------------------------------------------------------

Naphtha, distilled from crude oil, is used in the making of chemicals, plastics and gasoline.

To contact the reporter on this story: Christian Schmollinger in Singapore at christian.s@bloomberg.net.


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