Fuel Oil is a fraction obtained from petroleum distillation either as a distillate or a residue Broadly speaking oil is any liquid petroleum product which is burned in a furnace or boiler for the generation of heat or used in an engine for the generation of power except oils having a flash point of approximately 40 C 104 F Oil is made of long hydrocarbon chains particularly alkanes cycloalkanes and aromatics The term Fuel Oil is also used in a stricter sense to refer only to the heaviest commercial fuel that can be obtained from crude oil heavier than gasoline and naphtha
Fuel oils are used as fuel for power generation marine bunkers and large industrial heating plants Fuel oil 180 CST also known as Bunker Fuel or Residual Fuel Oil is characterized by its viscosity which is measured in centistokes CST The number 180 indicates the maximum viscosity of the oil at 50 degrees Celsius This specification makes it a relatively thick and viscous fuel compared to lighter fuel oils Both CST 180 and CST 380 fuel oils are considered heavy fuel oils and are commonly used in the shipping industry They are often referred to as bunker fuels and are used in vessels like cargo ships container ships and oil tankers
ATTENTION TO BUYER/BUYER REPRESENTATIVES.
Here by issue this Soft Corporate Offer with presented term conditions and confirm our irrevocable corporate and legal responsibility, under penalty of perjury that we are ready, willing and able to supply the below mentioned products herein and issue a draft Contract then Sales Purchase Agreement upon acceptance of our term and conditions stipulated herein. The term and procedures stipulated herein is in accordance with the term and procedures of procuring Oil & Gas products from Russia Federation.
Terms of Negotiation
Origin: Russia Federation
Performance Bond : (Pb) 2% of the First Month Shipment Value Destination Aswp
Incoterms: Fob / Cif / Tto
Loading Port: Novorossiysk / Primorsk / Vladivostok / Rotterdam Ports
Payment Terms: Irrevocable Lc, T/t Telegraphic Transfer, Bg or Sblc Mt760, Mt103/23, Mt103
Inspection: Sgs, Ciq or Similar
Insurance: Paid by Seller, Covering 110% of Shipment Value
Fuel Oil Cst-180
Minimum Quantity: 10,000 Metric Tons Per Month Maximum Quantity: 500,000 Metric Tons Per Month
Price Cif: Gross Usd$290.00/ Usd$280.00 Net Cif
Fob Price: Gross Usd $280.00/ Usd $270.00 Net On Fob
Origin: Russia
Loading Port: Primorsk / Ust-luga/ Rotterdam
CI DIP AND PAY FOB ACCEPTED TERMS AND PROCEDURE
1. Buyer sends ICPO with full banking details CP, Passport Copy and Company registration.
2. Seller issues CI to Buyer.
3. Buyer Sign/endorse CI within 48 hours.
4. Seller issue to Buyer following Transaction Documents:
Tank Storage Receipt (TSR Valid 48 hours)
Authorization to inspect (DTA Valid 48 hours)
Authority to Verify (ATV)
5. Buyer upon receipt of the PPOP documents, buyer contact Tank farm for confirmation of the product and dip test within 48 hours. NOTE (BUYER'S FAILURE TO MAKE DIP TEST WITHIN 48 HOURS, BUYER WILL BEAR THE COST OF FURTHER EXPENSES)
6. Upon successful inspection, Buyer release payment for total product value.
7. Seller Transfer title and Trans-loading commence and issues NCNDA/IMFPA for commission payment.
Dear Sir/Madam I am Taufiqul Hakim Tsabit. We are direct with Russian refinery and we are ready to supply this product:
FUEL OIL CST-180
Minimum liftable quantity: 50,000 MT, Maximum: 400,000 MT.
Monthly price: Gross $350.00 USD / $340.00 USD Net on CIF
Gross $340.00 USD / $330.00 USD Net on FOB Origin: Russia
Commission: $5.00USD buyer side / $5.00USD seller side.
SHIPMENT TIME within 10 days from LC DATE and
DELIVERY within 35 to 45 days from the date of bill of ladings depending on the chosen port.
NO, TTM/FTF
FUEL OIL 180 CST
Furnace oil is a dark viscous residual product used as a fuel in different types of combustion equipment. (kinematic viscosity range of 125 to 180 CSt at 50�°C) conforming to the standard specification.
SPECIFICATIONS :
1Acidity (Inorganic) Mgkoh / Gm MaxNil
2Ash Percentage by Weight Max.0.1
3Flash point (PMCC) C Min66
4Pour Point C. Max18
5Kinematics' Viscosity at 50 C CST Max180
6Sulphur Pet WT.Max (Quartz Tube)3.5
7Carbon Residue Raw bottom Pet Max15
8Water Pet. Vol. Max0.1
9Total Sediment Potent by Pet Max.0.10
10Density @ 15 C Max0.990
11Gross Calorific Value Kcal / Kg (Min.)10100
12C.C.A.I.850
13Vanadium Pot by WT. MG / KG Max.350
14Sodium Pot by WT MG/KG Max50
15Asphaltense Pot by WT.Max14
