Looking for serious verified buyers of our premium fuel products WTI, Jet A1, D6, and Eagle Ford. Please forward your non-binding LOI and CP for our most favorable pricing based on current market. We work with only verified and vetted sellers of premium grade petroleum products, MOQ of 500000 barrels. We look forward to working with you!
Wti, Jet A1, D6
Looking for serious verified buyers of our premium fuel products WTI, Jet A1, and D6. Please forward your non-binding LOI and CP for our most favorable pricing based on current market will provide SCO with current pricing and procedures. We work with only verified and vetted sellers of premium grade petroleum products, MOQ of 500000 barrels. We look forward to working with you!
COMMODITY:
WEST TEXAS INTERMEDIARY (WTI)
TOTAL QUANTITY MIN 2,000,000 BBL MAX 10,000,000 BBLS
SAOGC
PRICE FOB Houston: NYMEX PLATT LESS $2.00 ORIGIN: USA
NOTE: BUYER MUST COPY OUR PROCEDURE INTO ICPO
FOB PROCEDURE
1. Buyers issues and send irrevocable corporate purchase order
(ICPO) with sellers transaction procedure along with passport copy of the company representative. Buyer will also provide TSA to seller
2. Seller issues CI.
3. Buyer sign CI and Return CI to seller with ATV from buyers tank
for seller representative, SGS Team, and buyer representative to meet at seller tank storage for tank and pipeline verification.
SAOGC
4. Upon successful verification, seller issues the hard copy POP documents to buyer representatives in person (face to Face) â?¢Quantity and Quality Certificate (SGS) 48hrs fresh
â?¢Tank Storage Receipt (TSR).
â?¢Product Passport (Dip Test Result). â?¢Statement of Product Availability. â?¢Refinery Commitment to Supply. â?¢Authorization To Sell/ Collect (ATSC).
â?¢Authorization Letter to Verify the Product with the Tank Farm.
â?¢Company Registration Certificate.
5. Upon successful verification of documents and SGS report by buyers team buyer commence dip test in sellers tank if need be for more confirmation, upon confirmation of product Q&Q, begins into buyers tank storage all parties sign NCNDA/IMFPA. 6.
Buyer makes payment by MT103 or TT wire transfer for the total product available.
7. Seller change title of ownership to buyers name and pay all intermediaries according to the signed
NCNDA/IMFPA for monthly deliveries and buyer lifts the product.
SAOGC
Note: only verified buyers ICPO by our
legal team will be accepted.
ISSUE ICPO, PASSPORT COPY & TSA TO:
Price of product ( USD price or FOB price) :
To be negotiated based on Spot price (CIF, L/C)
Product origin :
USA
Key Specifications/Special Features :
"Sulfur: 0.42% or less by weight as determined by A.S.T.M. Standard D-4294, or its latest revision
Gravity: Not less than 37 degrees API, nor more than 42 degrees API as determined by A.S.T.M. Standard D-287, or its latest revision
Viscosity: Maximum 60 Saybolt Universal Seconds at 100 degrees Fahrenheit as measured by A.S.T.M. Standard D-445 and as calculated for Saybolt Seconds by A.S.T.M. Standard D-2161
Reid vapor pressure: Less than 9.5 pounds per square inch at 100 degrees Fahrenheit, as determined by A.S.T.M. Standard D5191-96, or its latest revision
Basic Sediment, water and other impurities: Less than 1% as determined by A.S.T.M. D-96-88 or D-4007, or their latest revisions
Pour Point: Not to exceed 50 degrees Fahrenheit as determined by A.S.T.M. Standard D-97
Amended WTI Light Sweet Crude Oil Contract Specifications â?? Beginning January 2019
Micro Method Carbon-Residue: 2.40% or less by mass; as determined by ASTM Standard D4530-15, or its latest revision
Total Acid Number (TAN): 0.28 mg KOH/g or less as determined by the first inflection point; using ASTM Standard D664-11a (2017), or its latest revision
Nickel: 8 parts per million (ppm) or less by mass; as determined by ASTM Standard D5708-15, Test Method B, or its latest revision
Vanadium: 15 ppm or less by mass; as determined by ASTM Standard D5708-15, Test Method B, or its latest revision
High-Temperature Simulated Distillation (HTSD) as determined by-ASTM Standard D7169-16, or its latest revision, as follows:
(a) Light Ends <220 F by HTSD: Not more than 19% by mass
(b) 50% Point by HTSD: 470 F- 570 F
(c) Vacuum Residuum >1020F by HTSD: Not more than 16% by mass"
Minimum Order Size and Packgaing details :
To be negotiated
