S.Korea's Honam Leaves Negotiation With ADNOC-2 oil companies & Malaysia's buyer might reach settlement

摘要

South Korea's Honam Petrochemicals proved to have left a negotiation on term naphtha from Abu Dhabi ( for shipment from April 2010 to March 2011) held between Abu dhabi National Oil Company (ADNOC) and customers. While some customers are still under negotiation, there seem to be another companies that had accepted the price and conditions of ADNOC. It is said to be two Japanese oil companies and a Malaysia's buyer that have reached settlement so far