RIL renews quarterly contract with Qatar to buy 50,000 tons of GTL naphtha for August-October

12-Jul-12
Reliance Industries has renewed a quarterly contract with Qatar to buy 50,000 tons of gas-to-liquid (GTL) naphtha for August-October loading, as per Reuters. The premium was fixed at about US$25/ton to Middle East quotes on a free-on-board (FOB) basis. RIL will be buying the two cargoes over the three-month period from Oryx.
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