BPC Launches Tender To Sell 170,000 Barrels Of Naptha


News: State-owned Bangladesh Petroleum Corporation (BPC) launched a tender for selling 170,000 barrels of naphtha for May 10-12 loading from Chittagong on March 31, reports Reuters. The newly launched tender offer will be valid up to April 27 and is scheduled to close on April 21. The company had sold a same-size naptha cargo to Azerbaijani state-owned oil and gas company Socar at a discount of US$0.11 a barrel to Singapore quotes on a free-on-board (FOB) basis in early March.

This article is tagged to:
Sector: Petrochemicals
Geography: Bangladesh

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