SINGAPORE, Sept 25 (Reuters) - Condensate discounts for November cargoes narrowed further in Asia on Tuesday as demand rose on firm naphtha cracks. * TRADES - BP sold a North West Shelf (NWS) condensate cargo for November between $5 and $5.30 a barrel below dated Brent to ExxonMobil, traders said. This was sharply narrower than discounts of about $6.20 a barrel fetched for two cargoes sold about two weeks ago. - ConocoPhillips sold a November cargo of Bayu Undan at $6.70 to $6.80 a barrel below dated Brent to SK Energy. Bayu Undan was last transacted at a discount of about $7.20 a barrel to dated Brent. - Petronas sold more cargoes for November on buoyant demand. a 300,000-barrel Tapis cargo was sold to a trader at $3.90-$4 a barrel above dated Brent, similar to the other two cargoes sold via a tender. The producer also sold 300,000 barrels of Labuan and the same quantity of Miri at premiums between $5 and $5.50 a barrel to dated Brent. * TENDERS - PV Oil has extended the validity of the Ruby tender by two days, with the cargoes to be awarded on Thursday. - Petron issued a tender to buy 500,000 to 740,000 barrels of crude to be delivered to its refinery in the Philippines on Dec. 2-6. The tender will close on Sept. 27 with offers valid until a day later. * REFINERY - Japan's second-biggest oil refiner, TonenGeneral Sekiyu , said on Tuesday it had shut the 38,000 barrels per day (bpd) No.2 crude distillation unit (CDU) and the 132,000 bpd No.3 CDU at its 170,000 bpd Wakayama refinery in western Japan for scheduled maintenance. The CDUs are scheduled to be shut for around 45 days, a spokesman said. - Chevron needs a few more weeks to assess damage at its plant in Richmond, California, and does not yet know how long it will need to repair its crude unit after an early August fire damaged the state's second-biggest refinery, its general manager said. * MARKET NEWS - BP will have to invest billions of dollars more than previously planned if it is to slow falling output at an Azeri oil project that is also that country's biggest cash cow, oil executives and diplomats say. - The U.S. government officially linked Iran's state oil company to the country's Islamic Revolutionary Guard Corps on Monday, a determination that enables Washington to apply new sanctions on foreign banks dealing with the company. CRUDE Price Prev Change NOV Brent 110.59 110.40 +0.19 NOV Brent/Dubai EFS DUB-EFS-1M 3.35 3.56 -0.21 PRODUCT CRACKS OCT fuel oil crack -5.26 -5.07 -0.19 OCT gasoil crack 19.31 19.43 -0.12 NOV naphtha crack -7.53 -7.65 +0.12 COMPLEX REFINERY MARGINS Today 9.52 Last 5 days 8.97 Last 365 days 7.38

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