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Austaney General Trading

Supplier From United Arab Emirates
Nov-03-15
Supplier : Charcoal, light crude oil

Verification Status



Contact Details:
Dubai, Uae
Dubai 87344
United Arab Emirates


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Product Name: Basra Light Crude Oil
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Delivery Terms: FOB Basra, Iraq
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Product Overview
Basra Light Crude Oil is one of Iraq's premium crude oil grades, known for its moderate API gravity and relatively high sulfur content. It is a sought-after crude oil for refineries that specialize in processing heavier grades into diesel, gasoline, jet fuel, and petrochemical feedstocks.

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SILVER Member
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A company acting as a Trade Broker is looking for Buyers to enter into annual Contracts for the sale of Bonny Light Crude Oil produced in Nigeria on the terms CIF Ports of China and India. Payment Terms: DLC or SBLC; Price: minus 9 from Plats per BBL; Product Quality: as per Export Standard; Inspection: SGS/equivalent. Contact Person: Nick
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Pls contact me, and I will offer my company BLCO proposal to you (including proof of product and SOP)


Minimum order:2 Million barrel/vessel



WHAT IS BONNY LIGHT CRUDE OIL OR BLCO

Bonny Light Crude Oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of Bonny.

The very low sulfur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and the lower environmental impact of its byproducts in refinery
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Specifications:

Origin: Nigeria Nnpc

Specific Gravity: 0.8398.

Api At 60 Deg. F: min 35.0 - Max 37.00 +/- 5% (astm D-1298).

Water Content By Distillation: 0.2% (astm D-4006).

Pour Point Degrees F: below 40 (astm D-97).

Sulfur Weight %: 0.14 (astm D-139).

Salt Content Parts Per Billion: 3.0 (astm D-526).

Reid Vapor Pressure (p.s.i.g.): 6.52 (astm D-529).

Kinematic Viscosity @ 30 Deg. C: 2.2 (astm D-523).

Initial Boiling Pt. (ibp): 35 Deg. C (astm D-86).

Distill To 75 Deg. C Vol.%: 7.0.

Distill To 175 Deg. C Vol.%: 35.5

Distill To 300 Deg. C Vol%: 60.5

Colour brown.
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Bonny Light
REBCO
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Product Description :
Crude oil is a mixture of hydrocarbons that formed from plants and animals that lived millions of years ago. Crude oil is a fossil fuel, and it exists in liquid form in underground pools or reservoirs, in tiny spaces within sedimentary rocks, and near the surface in tar (or oil) sands

Price of product ( USD price or FOB price) : Price on request

Product origin : Worldwide

Key Specifications/Special Features :
Specifications for types/grades of crude (special grade needed by buyer)
will be issued after received your credible purchase request in the form LOI/ICPO docs.

Minimum Order Size and Packgaing details :
Bulk in tanker vessels.
Tanks 20 MT.
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CIF PROCEDURE:
BRENT PLATT DISCOUNT: US$8.00 Gross: US$4.00 Net: BELOW BRENT PLATT PRICE. US$4.00 Commission [US$2.00 for Buyer Agents & US$2.00 for Seller Agents - Closed]
Buyer sends Letter of Intent [LOI] addressed to the Seller. Seller and Buyer sign and seal Sales/Purchase Agreement and copies sent to both parties bankers, the electronically signed copy considered legally binding and enforceable in international arbitration laws.

Buyer's Corresponding bank via MT199 Pre-advice Seller's financier's bank and states its readiness, willingness and ability to swift an operative MT760 SBLC to seller's bank. Also request the seller's bank to confirm to it via MT199 its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to it.

Seller's bank shall confirm via MT199 Pre-advice to Buyer's bank its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to Buyer's bank.

Buyer's Bank shall swift an operative MT760 SBLC for total cargo to Seller financier's bank in Seller financier's acceptable Verbiage
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Max :2000000 BARREL/Month

Verification Status