Bloomberg News

Mangalore Refinery Offers to Sell June-Loading Naphtha Cargo

May 10, 2012

Mangalore Refinery & Petrochemicals Ltd. (MRPL) offered to sell a naphtha cargo for June loading, the company said in a document e-mailed to potential buyers.

Oil & Natural Gas Corp. (ONGC), India’s largest crude producer, owns 72 percent of Mangalore Refinery.

Details of the offer are as follow:

-----------------------------------------------------------
Product:    Naphtha
Quantity:   35,000 metric tons
Loading:    June 5 to June 7
Port:       New Mangalore, west coast of India
Bids open:  May 14, 9:30 a.m. local time
Bids close: May 14, 6:30 p.m. local time
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To contact the reporter on this story: Yee Kai Pin in Singapore at kyee13@bloomberg.net

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


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