Light Crude Oil (Lco)

Light Cycle Oil (LCO) is a valuable petroleum product derived from the refining process. It falls between heavy fuel oil and diesel in terms of density and viscosity, making it a versatile component for various applications. LCO is primarily used as a blending agent for diesel fuel, enhancing its quality and performance. Additionally, it serves as a feedstock for petrochemical processes, contributing to the production of lubricants and other high-value products. With its relatively low
sulfur content and efficient combustion properties, LCO plays a significant role in meeting energy demands while adhering to environmental regulations in the
petroleum industry.

PRODUCT: LIGHT CRUDE OIL IRAQI ( SOMO ) API 33.45
ORIGIN: IRAQI
QUANTITY: 2,000,000 BBLS TO 6,000,000 BBLS (+/- 5%) SPOT
SPECIFICATION: Standard Export Quality Specification ATTACHED DELIVERY/DISCHARGE PORT FOB UAE
OR CIF ROTTERDAM / CIF ASWP MAINLAND CHINA
TERMS OF PAYMENT:
A) 100% PAYMENT Against Fresh SGS Report of the Oil and via MT103/TT at the Load Port for all FOB Sales
B) 100% Payment against Fresh SGS Report of the Oil and via MT103/TT at Buyer Disport and guaranteed by a Buyer BG/SBLC for all CIF Sales

PRICE & COMMISSIONS:
A) FOR FOB SALES - DATED BRENT ON A 3DAY AVERAGE ON DATE OF THE SGS
REPORT LESS (MINUS) A DISCOUNT OF USD $5.00/- NET TO THE BUYER
B) FOR CIF SALES - DATED BRENT ON A 3DAY AVERAGE ON DATE OF THE SGS
REPORT LESS (MINUS) A DISCOUNT OF USD$3.00- NET TO THE BUYER COMMISSIONS: USD $1 - PER BBL PAID BY THE SELLER TO ALL INTERMEDIATES.

Light Crude Oil is a highly valuable form of petroleum with a low density and viscosity, making it easier to refine into high-demand products such as gasoline, diesel, and jet fuel. It has low sulfur content, making it a preferred choice for refineries due to its high yield of light distillates.
Key Characteristics: Low Density & Viscosity Flows easily and requires minimal processing.
High API Gravity Typically above 31.1 API, indicating a lighter composition.
Low Sulfur Content (Sweet Crude) Reduces refining costs and environmental impact.
High Yield of Valuable Products Produces more gasoline, diesel, and jet fuel per barrel.
Specifications: API Gravity: Typically 32 - 45
Sulfur Content:

ESPO CRUDE OIL
Min. Quantity: 2,000,000 Barrel
Max. Quantity: 5,000,000 Barrel per Month
CIF/FOB Price: USD 65/Barrel
Last update: April 19, 2025.

CIF ASWP APPROVED STANDARD BANKING WORKING PROCEDURES (1)

1. Buyer confirms SCO and issues an official ICPO inserting seller's terms and procedures.
2. Seller issues FCO for buyer's signing, buyer returns signed FCO and a letter of acceptance procedures. Seller
issues draft contract/SPA which is open for amendments.
3. Buyer returns the signed draft contract with NCNDA/IMFPA and a letter of guarantee to perform. Seller submits the signed SPA for registration and legalization with the appropriate authorities.
4.Seller sends the below listed partial pop documents to buyer via government secured courier service or mail, on buyer choice.
a. Statement of availability of product
b. commitment to supply the product
c. certificate of origin
d. Product Passport
e. Proforma Invoice
5. Buyer within 5 to 6 banking days issues SBLC swift MT760 according to Seller's fiduciary bank verbiage to seller
nominated fiduciary offshore bank account for first month shipment, and whereby buyer fail to issue payment
instrument within 7 banking days, buyer will make cash deposit of $480,000 by TT wire transfer for allocation
and security guarantee to enable seller charter vessel and commence shipment, and this payment shall be deducted
from the total cost of product after inspection at discharge port.
6. Seller bank issues the full set of proof of product (pop) and shipping documents with 2%pb (performance bond) to
buyer's bank. QQ Certificate & Product passport docs, all will be issued on time.
7. Shipment commences immediately as scheduled in the contract.
8. Buyer pays for the total product value via TT/MT103 to the seller's bank after successful SGS/CIQ inspection at
discharge port and title of product ownership transferred to buyer.
9. Seller pays all intermediaries involved in transaction as per signed NCNDA/IMFPA within 72 hours.

Origin: Russia
Quantity: 100,000 / 5,000,000/bbls per Month
Delivery: CIF

We can offer LCO Iranian (NIOC) ready in China port & on waters
But, you need to have agreement or clear relation with a refinery.
You need to issue a readiness letter or RWA from your bank to our issuing account
Procedure,
Deep & Pay method
Sellers could do a spot (750K barrels, light) in Rizhao, in tank farm..
Contact us with your LOI /Best regards.

Light Cycle Oil LCO is a diesel boiling range product from fluid catalytic cracking units flexible process to process LCO into desired products such as verylow sulphur diesel and high octane higharomatics naphtha It is a light lubricating oil that is suitable for use on bicycles and similar equipment

It is a diesel boiling range product from fluid catalytic cracking units Light cycle oil is a poor diesel fuel blending component LCO are produced at the bottom of the fluidized catalytic cracking FCC process in a refinery and are enriched with 5080 wt heterocyclic aromatic compounds 3 wt S and 600 ppm N

Light Cycle Oil, also known as LCO, is a refined product derived from the processing of crude oil. It has a higher density and boiling point range compared to diesel fuel but lower than heavy fuel oil. LCO is commonly used as a feedstock for fluid catalytic cracking units (FCCU) and is also used as a blend component for marine fuels.

Specification: Refinery product

MOQ: 50,000 - 1,000,000 MT/Month

Technical Details:
Density at 15 C: 920-980 kg/m³
Sulfur Content: 0.5-1.5%
Flash Point: 65°C min
Cetane Index: 25-35
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