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petroleum

  • Venezuela Venezuela  
  • Quantity Required: 100000000
  • Last Updated:
    Posted on: 13 Jun 2024

  • Time Left: 12Y 6M
  • Destination Port: ARAMCO
Buyer Information

RFQ Details

SAUDI LIGHT CRUDE OIL (SLCO)
k
TO: The PRINCIPAL BUYER
Product name: Saudi Light crude oil
Origin: Kingdom of Saudi Arabia,
Quantity: 100 Million barrels per month for 60 months.
Price: Based on "Dubai Platt's oil market wire published posted: price" Discount: Gross discount USD$11.00 per barrel, net discount; USD$8.00per barrel.: Refinery $8.00: Seller $ 1.50(closed): Buyers mandate $0.50
All the Intermedries $1.00: Delivery: FOB
Specification:
API GRAVITY 33-34
SEDIMENT CONTENT 0.1
ASTM STABILIZED GRAVITY 34.5
WAX-WT PERCENT 2.9
VANADIUM PPM V200 11.0
GROSS HEATING VALUE 19.23
REID VAPOUR PRESSURE 2.0
SALT CONTENT, PPM NACL 3.8
SULPHUR, WT PRESENT 1.5 MAX
ASH PPM 1.0
COMP, CARBON RESIDUE, WT PERCENT 3.1
VISCOSITY, CP 55.0
POUR POINT 35.0

1. SELLER/SELLER MANDATE MAKES FULL CORPORATE OFFER.Buyer submits ICPO (with Soft Probe Permission) with full banking details, BCL, and Refinery details.
2. Seller issues Full Corporate Offer (FCO).
3. Buyer accepts and signs the FCO and returns it
4. Seller issues an MFPA
# BUYER/SELLER SIGN SEAL ICPO
# SELLER ISSUES FULL STYLED CONTRACT THIS CONTRACT INCLUDES BUYERS SELLERS BANKING.
# SELLER/ BUYER SIGN SEAL THIS CONTRACT
# SELLER GIVES TO THE BUYER: SHIP NAME, CALL LETTERS, CAPTAINS NAME AND COPY OF THE ASPATANKVOY CHARTER PARTY.
# BUYER VARIFIES VESSEL.
# BUYER ISSUES CONFIRMED LETTER OF CREDIT.
# SELLER DELIVERS CRUDE OIL
# BUYER PAYS FOR THE CRUDE OIL
# BUYER PAYS COMMISSIONS

frankling#xxxxx
kosmoc_quark#xxxxx


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