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Mangalore: MRPL Sells 30,000 Tonnes Naphtha to Singapore Co

  •   Sat, Feb 23 2008 09:11:59 AM

Daijiworld Media Network – Mangalore (NR)
With inputs from Bloomberg 

Mangalore, Feb 23: City-based petrochemicals and refinery giant Mangalore Refinery and Petrochemicals Ltd (MRPL) is understood to have sold 30,000 metric tonnes of naphtha to Petro-Diamond Singapore Pte for shipment in March, informed two traders with knowledge of the transaction. 
 
Revealing the refinery's sale details, the same sources said that the product sold was naphtha to the buyer namely Singapore-based Petro-Diamond Pte. Around 30,000 metric tonnes of naphtha was sold at a price MOPAG (Mean of Platts Arabian Gulf naphtha assessments) plus about $19 to $19.50 a tonne.

The loading of this consignment will be taking place between March 24 to March 26 at the New Mangalore Port (NMP) here.
  

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Comment on this article

  • Gilroy, Mangalore

    Sun, Feb 24 2008

    It is a good news for MRPL finally. I hope majority of the profit goes to clean the waste water, which is being dumped into the sea. After MRPLs expansion, fish has become a rare commodity to the villagers. I believe there must be some link between the waste water and fish.

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