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  3. India's Nayara Energy has a rare cargo of vacuum gasoil for Sept

India's Nayara Energy has a rare cargo of vacuum gasoil for Sept

11 Jul 2024

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Key Takeaways

  • Nayara Energy's Tender:

    • A rare tender for 70,000 metric tonnes of VGO, with a maximum of 3% sulphur.

  • Loading Period:

    • Scheduled between September 1-10 from Vadinar Port.

  • Last Export Context:

    • The last export occurred during Vadinar maintenance in December 2022.

  • Cargo Pricing Mechanism:

    • Priced on a Dubai Crude basis.

  • Adaptive Strategy:

    • Indicates Nayara's adaptive strategies in leveraging unique market conditions or internal adjustments.

  • Nayara Energy's Tender:

    • A rare tender for 70,000 metric tonnes of VGO, with a maximum of 3% sulphur.

  • Loading Period:

    • Scheduled between September 1-10 from Vadinar Port.

  • Last Export Context:

    • The last export occurred during Vadinar maintenance in December 2022.

  • Cargo Pricing Mechanism:

    • Priced on a Dubai Crude basis.

  • Adaptive Strategy:

    • Indicates Nayara's adaptive strategies in leveraging unique market conditions or internal adjustments.

nayara-energy unlisted shares

Nayara Energy

0.23%

Expert Analysis

India's Nayara Energy Offers Rare Cargo of Vacuum Gasoil for September Loading.

Expert Analysis:

  • Rare Tender Issuance: As per the sources, Nayara Energy issued a rare tender for 70,000 metric tonnes of vacuum gasoil loading(VGO) with a maximum of 3% sulphur.

  • Loading Schedule: Scheduled for loading from Vadinar Port in Gujarat state on the west coast of India between September 1 and 10.

  • Historical Context: Based on data from Kpler & LSEG ship tracking, Last VGO cargo was exported during Vadinar maintenance in December 2022.

  • Pricing and Tender Details: Sources indicated that the cargo is typically priced on a Dubai Crude basis. The latest tender will close on Thursday, with same-day validity.

Publisher:Marine Link