Sonatrach cancels tanker to move naphtha to Asia
Sonatrach's headquarters.
Algerian state-run Sonatrach has cancelled a tanker arrangement to move 50,000 tonnes of naphtha from the country to Asia on July 22, two industry sources said on Tuesday.
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The reason for the cancellation was not immediately known.
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Asia was expected to receive a total of 412,000 tonnes of naphtha in August with the Sonatrach shipment, up from 175,000 tonnes arriving July.