Adnoc offers naphtha at premiums 6-8 times higher than previous premium

13-Feb-09
Abu Dhabi National Oil Co (Adnoc) has offered April 2009-March 2010 naphtha supplies at premiums at 6-8 times more than the premium fetched for its previous contract of December 2008-November 2009. Pentane-plus grade was offered at a US$26/ton premium to Middle East quotes, on a free-on-board (FOB) basis, and splitter naphtha was offered at a premium of US$23.50/ton.
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