Nayara Energy Unlisted Shares
India's Nayara Energy has a rare cargo of vacuum gasoil for Sept
Marine Link
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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.
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.
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