Qatar Energy offers 50,000 tons of naphtha
Qatar Energy Company has presented an immediate offer to sell up to 50,000 tons of naphtha on board a vessel from Ras Laffan Port, with the shipment scheduled for loading between October 20 and 25. The bidding process closed today, Thursday, at 11:00 AM GMT, with the latest tender receiving a discount of $150 compared to Middle Eastern crude prices. This move comes as part of Qatar's efforts to boost its petroleum product sales, amid indications that the country is ready to increase its LNG shipments through the Strait of Hormuz, where 12 LNG carriers are currently waiting near Qatari waters.
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