India's naphtha exports to be hit as ONGC to halt further naphtha cargoes for loading

18-Jan-08
A shutdown of ONGC's key unit at its biggest gas field has led to diminished supplies of naphtha. This supply crunch is likely to push ONGC in a situation where it will not offer any further cargoes of naphtha for Jan/Feb loading, as the platform will be shut until Jan 25. Work to upgrade a processing platform at its South Bassein gas field, off the west coast, has cut gas supplies by 26%. ONGC typically sells 3 cargoes of 35,000 tons each from Hazira terminal every 35 days, and two cargoes of a similar capacity from Mumbai every 40 days. It seems likely that 3 Hazira cargoes and 2 Mumbai cargoes will not be offered.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha
Reclamax single step plastic recycling machine

Reclamax single step plastic recycling machine