BPCL sells 18,000 tons of naphtha from Bina to Unipec at premiums

03-Sep-12
India's BPCL sold 18,000 tons of naphtha from its Bina refinery to Unipec at premiums of about US$17/ton to Middle East quotes on a free-on-board (FOB) basis, as per Reuters. The cargo is scheduled for Sept. 20-25 loading from Mumbai. This was the second time BPCL offered the cargo. It had earlier cancelled the tender to sell the cargo, initially meant for Sept. 16-20 loading.
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