High-quality crude oil blend meeting GOST 51858-2002 and GOST 9965-76 specifications, suitable for export markets.
Specifications
Specification: REBCO/Urals
MOQ: 500,000 - 10,000,000 BBLs/Month
Technical Details:
Sulfur Content: 1.6-1.8% by weight
Density at 20C: 860-871 kg/m
API Gravity: 30-32
Pour Point: -15 C max
Trading Details
Origin: Republic of Kazakhstan
Incoterms: CIF/FOB
Loading Ports: Port of Aktau, Rotterdam, Houston, etc.
Payment Guarantee: SBLC, DLC
Payment Terms: MT103 or TT
Performance Bond: 2% PB
Contract Term: 12 months minimum (with rolls and extensions)
Inspection: SGS, CIQ or similar
EXPORT BLEND CRUDE OIL
Minimum Quantity: 500,000 BBLS
Maximum Quantity 10,000,000 BBLS
FOB Price: Gross 70 USD Net 68 USD
CIF Price: Gross 86 USD Net 74 USD
PROCEDURES DIP & PAY FOB
1. Buyer Issues ICPO alongside with TSA. And Company registration certificate
2. Seller issue CI. The buyer signed and return back along with the Commitment letter to perform. 3. Seller
issue below documents to the buyer as follow. Authorization to Sell and Collect (ATS & C)
Certificate of Origin
Statement of Product Availability
Commitment to Supply
Company Registration Certificate
4. Buyer and seller Agreed Negotiations on tanks extension to conducts Dip-test in Seller tank
with SGS official and receives fresh SGS report not less than 24 Hours. 5. Within 72 Hours, Buyer provides
TSR or Vessel storage for the injection of the product into Buyer
hired Tanks or Vessel. 6. Upon successful dip test and injection Buyer pays total cost of product MT103. 7.
Seller confirms Buyer payment; Seller pay commission to all involved mandate according to the
transactions. 8. Contract Begins with Rolls and Extensions for 12 months.)
WE HAVE ALSO FOB TANK TAKE OVER WORKING PROCEDURE, CIF, FOB TANK TO VESSEL PROCEDURE, FOB ROTTERDAM PROCEDURE, FOB TANK TO TANK PROCEDURE, TANK TO TANK/VESSEL TRANSACTION PROCEDURE, TABLE TALK MEETING PROCEDURE (TTM)
MT103, TT wire transfer. Any Buyer Mandate, Facilitator, Agent, Representative, Intermediary or Broker (who has no signed NCNDA with us) requesting to receive and/or to know the name and details of our Seller must first sign a standard NCNDA issued by the ICC that protects both sides; No information on past performances from the Seller is issued to any third party as it violates the Confidentiality Agreement signed between Seller and Buyers;
If ICPO is to issue the Buyer should copy the Procedures of Seller in full without deviation and without change as any change will render ICPO unacceptable to Seller.
