Product Name: Basra Light Crude Oil Origin: Iraq API Gravity: ~30-31 Sulfur Content: ~2.87% Delivery Terms: FOB Basra, Iraq Quality Assurance: SGS or equivalent certification 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. Key Characteristics: Moderate API gravity (~30-31), making it a balanced crude for refining operations Higher sulfur content (~2.87%), typically requiring desulfurization but yielding valuable middle distillates Ideal for refining into diesel, gasoline, and jet fuel Stable and consistent supply via Iraq's major oil terminals Important Note: Iraq's Crude Oil Sales Process Unlike many global markets, Iraq operates differently in crude oil sales, particularly through SOMO (State Organization for Marketing of Oil). This means: * Only qualified buyers and refineries can engage in direct purchases. * Strict registration, compliance, and financial verification processes are required. * Transactions involve long-term contracts or structured agreements with SOMO. If you are interested in securing Basra Light Crude Oil, please contact us for more. Our team will guide you through the proper procedures to ensure compliance with Iraq's regulatory framework for crude oil sales.
we are in a position to secure contracts to procure Iraqi Basra Light Crude Oil and Basra Heavy Crude Oil directly from SOMO (The State Oil Marketing Organization). Please note that: SOMO sells oil to refineries only on FOB basis, in accordance with OPEC regulations. Iraq offers attractive Distance Discounts depending on location of the refinery. Our role is limited to securing a contract with SOMO, we have nothing to do with prices and discounts. No upfront payment. SOMO collects payment from the Revolving Documentary Letter Of Credit (RDLC) which would be established by the buyer after signing the contract within 30 days from date of departure of the buyer�¢??s ship after loading of oil and handover of Certificate of Transfer of Oil Ownership from SOMO to the buyer. If you need further clarifications or have questions, please feel free to contact me. Regards,
SOMO Iraqi Basrah Crude available: Light crude 2,000,000 bbl p/month Heavy crude 2,000,000 bbl p/month CIF -$1 Brent Serious company, can also supply any refined commodities (Jet fuel, Diesels, etc) KYC mandatory
Supplier: Light crude oil
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For serious buyers of Basrah Light Crude Oil (Heavy grade as well). We can secure a term contract for the buyer to get oil allocation directly with SOMO/Iraq's Ministry of Oil. Buyer should be willing to follow SOMO's procedures and submit required documents. I am working with a crude oil facilitator in Oman. If interested, message me/reply here/send me your email, I'll send you the details.
For serious buyers of BASRA LIGHT and BASRA HEAVY crude oil. We can arrange a term contract directly with SOMO/Iraq's Ministry of Oil. We can help the end buyer get oil allocation from SOMO. For serious buyers only, willing to follow SOMO's procedures. I am working with a crude oil facilitator in Oman. The deal is directly with SOMO/Iraq's Ministry of Oil. If interested, message me/reply here/ send me your email, I'll send you the details. Thanks!
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.
Crude Oil: Bonny Light REBCO ESPO (Siberia Pacific Oil) Basra Light WTI Southern Green Cayon Blend Olmeca Mexican crude Heavy Crude, etc. 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.