Bloomberg News

Hindustan Petroleum Sells Naphtha at $9.50 Premium, ICIS Says

November 17, 2011

Nov. 18 (Bloomberg) -- Hindustan Petroleum Corp Ltd. sold 20,000 to 25,000 metric tons of naphtha at a premium of $9.50 a ton above Middle East benchmark prices, ICIS reported, citing traders it didn’t identify.

The company, which sold the cargo to Total SA in a tender, will load the cargo from Mumbai, India, between Dec. 1 to Dec. 7, ICIS said.

--Editors: Alexander Kwiatkowski, Baldave Singh

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

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net


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