16 March 2010 10:13 [Source: ICIS news]
SINGAPORE (ICIS news)--Bangladesh Petroleum Corp (BPC) will award a tender for 170,000 barrels (about 18,900 tonnes) of heavy naphtha for 4-7 April loading from Chittagong to trading firm Trafigura in the next two days, a company official said on Tuesday.
The tender, which attracted seven bidders, closed on Monday and would be sold to Trafigura at a premium of $0.38/bbl (€0.28/bbl) to Singapore FOB (free on board) quotes, the source said.
BPC releases a tender to sell naphtha every alternate month.
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