LCO is a poor diesel fuel blending component without further processing, however process LCO into desired products such as very-low sulphur diesel and high-octane high-aromatics naphtha.
SOP to purchase:
1. Buyer Issue LOI.
2. Seller Issue SCO.
3. Buyer confirm on the SCO and issue an official ICPO.
4. Seller issue draft SPA and Letter of acceptance to buyer and buyer accept and counter sign return to Seller.
5. Seller reviews signed contract, register and legalizes the contract with the appropriate Authorities on Seller's expenses.
6. Seller releases to Buyer the Legalized SPA and below listed Partial POP Documents. (a) Refinery Commitment to Supply (b) Certificate of Origin (c) Statement of availability of product (d) Product quality passport (Analysis test Report) (e) Export License.
7. (a) Buyer issues SBLC swift MT760 or DLC swift MT700 within Seven (7) banking days to seller;
(b) If buyer fails to issue SBLC swift MT760 or DLC swift MT700 in 7 working days, Buyer shall make guarantee deposit of 3% TT Wire from total value of the Contract to seller's.
8. (A) Upon confirmation of buyer's SBLC swift MT760 or DLC swift MT700 or guarantee deposit of 3% TT Wire to seller's nominated bank, seller issue Full POP and Shipping Documents and 2% Performance Bond via SWIFT bank to bank as shown below: (a) Bill of Lading (b) Vessel Tanker Q88 (c) Fresh SGS Report (d) Charter Party Agreement (e) Ownership Certificate (f) Title Transfer Affidavit (g) Product Allocation Certificate (h) Ullage Report (i) Cargo Manifest (j) Notice of Readiness. (B) All Parties involved signed the NCNDA/IMFPA.
9. Shipment commences as per contract schedule.
10. Upon arrival at the discharge port, the cargo will be subject to CIQ/SGS inspection at the Buyer's expense. Upon completion of CIQ/SGS inspection, the Buyer makes 100% or 97% payment via MT 103- T,'T wire transfer within 72 hours from issuance of CIQ/SGS certificate at discharge port.
ICPO should provide / state - --
1 ) Price ,
2 ) Procedures ,
3 ) Buyer banking details ,
4 ) Buyer Company registration copy
5 ) Buyer passport copy of Director / Signatory
6 ) Buyer co profile ,
7 ) Buyer specifications 8 ) Any other Import Permits and TSA .
Origin: Kazakhstan, Georgia, Malaysia
Incoterms: CIF/FOB
Loading Port: Rotterdam and Houston etc
Payment Terms: MT103 TTWIRE
Performance Bond: 2% PB
Contract Term: SPOT 6-12 Month Minimum (With Rolls and Extension
Inspection: SGS CIQ or Similar
LIGHT CYCLE OIL
Minimum Quantity: 50,000 MT per month
Price CIF/ASWP: Gross USD $425.00 MT / USD $415.00 MT NET
TRANSACTION WORKING PROCEDURE FOB Rotterdam/Houston
1. Buyer sends Company Profile along with ICPO, Tank Storage Agreement (TSA) and data page of buyers passport
2. Seller Issues commercial invoice (CI), Buer signs and returns commercial invoice back to seller.
3. Seller verify buyer TSA by Letter and Seller issues the following POP documents to buyer:
a)Statement of Product Availability
b)Commitment Letter of Supply
c)Unconditional Dip Test Authorization (UDTA)
d)Authorization to Sell and Collect (ATSC)
e)Authorization to verify the product in Seller''s tank (ATV)
f) Fresh SGS not older than 72 hours
4. NCNDA/IMFPA will be signed among all parties involved.
5. Buyer options conduct DIP TEST on the product and make the payment for the total value of product injected into the tanks through the means of mT103-TT
6. Seller pays commission to all intermediaries involved in the transaction and subsequently monthly shipment continues as per terms and conditions of the commercial invoices and extension of transaction by issuing 12 months contract to buyer for proceeding.
STAND TRANSACTION CIF PROCEDURES
1. Seller confirms ICPO + passport of buyer and issues FCO for signing
2. Seller issues contract for amendment and countersigning as per mutual agreement.
3. Seller legalizes and register contract at seller expense and send to buyer as final approved, registered and legalized contract
4. Seller sends to buyer via e-mail, the following POP documents in buyer''s name for verification of the allocation:
A. Statement of product availability
B. Refinery commentment to supply
C. Company profile
D. MSDS
E. Company license to export
5. Buyer and Seller sign the CPA with the secured shipping company for documentation along with the NCNDA and IMFPA for commission construction
Origin of product Kazakhstan, Qatar and others. Available to supply to your destination port in the intercom of FOB , CIF and TTO with competitive price well detailed procedure and no upfront payment.
Origin of product Kazakhstan, Qatar and others. Available to supply to your destination port in the intercom of FOB , CIF and TTO with competitive price well detailed procedure and no upfront payment.
Hello Buyer/Buyer Mandate,
I'm direct mandate to end seller/refineries here in Russia Federation, our refineries can supply to you/your buyers it's products, PETCOKE,M100, D6,D2,JETA1,AGO,LCO,ESPO,JP54, LNG, LPG,DIESEL FUEL EN-590 ULSD, without any delay nor complication.
Light Cycle Oil (LCO) is a diesel boiling range product from Fluid Catalytic Cracking Units (FCCUs). ... Light Cycle Oil is the diesel boiling range material, which is produced in addition to gas and petrol in the FCCU. LCO is treated in the diesel hydrotreater (DHT) unit to produce low sulphur environment friendly diesel.
Light Cycle Oil (LCO) is a secondary liquid product derived from the fluid catalytic cracking (FCC) process in refineries. This process breaks down larger hydrocarbon molecules from heavy gas oils into smaller, more valuable products like gasoline and diesel. LCO typically sits between diesel and heavy gas oil in terms of boiling range and weight.
Primary Characteristics:
Appearance: Typically amber to dark brown liquid.
Odor: Characteristic petroleum smell.
Density: Intermediate, falling between lighter distillates and heavier oils.
Sulfur Content: Can vary based on the feedstock and refining process, but often higher than diesel and gasoline.
Applications:
Blending Component: Frequently blended into diesel fuel to enhance volume, though this requires treating to meet emissions standards.
Feedstock: Used in hydrocracking and other refining processes to produce more valuable products, such as gasoline or diesel.
Industrial Burning: Some industries utilize LCO as a combustion fuel, though this is less common due to its higher sulfur content and potential emissions.
Advantages:
Versatility: Can be further processed or blended to meet various fuel product needs.
Economic Value: Provides an additional stream of revenue from the FCC process, maximizing the yield of a refinery.
Feedstock Potential: Offers refineries another option for producing lighter, more desirable products.
Light Cycle Oil (LCO) is a diesel boiling range product from Fluid Catalytic Cracking Units (FCCUs). FCCU is responsible for the production of petrol, LPG and Light Cycle Oil (LCO).
There are various ways of economically upgrading LCO, which include hydrotreating, high pressure hydrocracking for full conversion of LCO into Naphtha and a more optimized partial conversion hydrocracking process.
It can be used in susch industries as Agrochemical, Crude Oil, Petrochemicals, Petroleum Products.
For latest pricing Enquiry, Please contact us on our email and contact details
Light Cycle Oil (LCO) is a diesel boiling range product from Fluid Catalytic Cracking Units (FCCUs). FCCU is responsible for the production of petrol, LPG and Light Cycle Oil (LCO). There are various ways of economically upgrading LCO, which include hydrotreating, high pressure hydrocracking for full conversion of LCO into Naphtha and a more optimized partial conversion hydrocracking process. It can be used in susch industries as Agrochemical, Crude Oil, Petrochemicals, Petroleum Products.
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.
Light Cycle Oil (LCO) is a diesel boiling range product from Fluid Catalytic Cracking Units (FCCUs). FCCU is responsible for the production of petrol, LPG and Light Cycle Oil (LCO).
There are various ways of economically upgrading LCO, which include hydrotreating, high pressure hydrocracking for full conversion of LCO into Naphtha and a more optimized partial conversion hydrocracking process.
It can be used in susch industries as Agrochemical, Crude Oil, Petrochemicals, Petroleum Products.
318132 Light Cycle Oil ( Lco ) Suppliers
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