More News • Oil Rises After U.S. Refiners Boost Gasoline Output to Meet Summer Demand Oil & Natural Gas Offers to Sell Naphtha for Loading in June

By Ann Koh

May 7 (Bloomberg) -- Oil & Natural Gas Corp., India’s largest oil and gas producer, is offering to sell naphtha for loading in June, the company said in an e-mailed document.

Details of the company’s offer are as follows:

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Product:      Naphtha
Quantity:     35,000 metric tons
Loading:      June 3 to June 4
Port:         Mumbai, west coast of India
Bid opening:  May 12
Bid closing:  May 13, 5:30 p.m. India time
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Naphtha, distilled from crude oil, is used in the making of chemicals, plastics and gasoline.

To contact the reporter on this story: Ann Koh in Singapore at akoh15@bloomberg.net