PRODUCT/PROOF OF PRODUCT
1.1 BONNY LIGHT CRUDE OF INTERNATIONAL STANDARD EXPORT QUALITY OF THE FOLLOWING SPECIFICATION:
1.2 Specific gravity (API) =34.17
Specific Gravity at 150c, : kg/1 ASTMD1298/P 0.8497-9.8498
API at 60 Degrees F : ASTM Table 51 47 - 21
Salinity : ASTMD 4006/1P 358 4.7P.T.B @ 60 Degrees F
Color : Dark Brown
BS & W Content [Vol. %] : ASTMD 473/1P 53 0.25 Average
Sulfur %WT : ASTMD 0.14% wt
Pour Point Degrees F : ASTMD 97/1P.15 40 [F] Degrees F
Water Content : 0.2% Vol. Max
REIB Vapor Pressure : 6.52PSIG
2.0 Price: $10 Less $4
2.1 the Price For The Product Shall Be Based On The Dated Brent Three (3) Days Average. If This Date Falls On Saturday, Sunday Or Any Of The Public Holidays, The Pricing Proposed Shall Be Based On The Following Publishing Day. This Base Product Price Formular Is Floating And Is To Be Applied To Each Cargo Lifting. Total Discount Of $10.00 Dollars, The Distribution Of The Discount Is As Follows: Usd $6.00 Net To Buyer And Usd $4.00 To Sellerâ??s/buyer`s Agent/brokers.
8.0 Cif Delivery Procedure / First Trial (spot) Cargo With Annual Contract
The Process Will Be Given Interested Buyers
We are NNPCS official allocation holder, offer real CIF or FOB bonny light crude oil direct from NNPC We sell bonny light crude oil at off OPEC price and we will offer all commission for the buyer side because we are the seller, no any seller side agent 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 effluent.
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.
Bonny Light Crude Oil (BLCO) Min 35.0 Max 37.0 (+/-5%) Maximum Quantity: 2,000,000 Barrels per Month Price: Gross USD $89.00BBL - $85.00 CIF FOB TTO Negotiated per SPA. TERMS OF NEGOTIATION ORIGIN: FEDERAL REPUBLIC OF NIGERIA INCOTERMS: CIF/FOB/TTO LOADING TERMINAL: GULF OF GUINEA / FORCADOS PAYMENT TERMS: SBLC-MT760, MT103 PERFORMANCE BOND: 2% PB CONTRACT TERM: 12 MONTHS MINIMUM (WITH ROLLS AND EXTENSIONS) INSPECTION: SGS, CIQ OR SIMILAR COMMISSION: STRUCTURED NCNDA/IMFPA FOB ROTTERDAM TANK TAKEOVER (SELLER TANK EXTENSION) 1. Buyer sends ICPO in line with seller working procedures 2. Seller issues Commercial Invoice (C.I.), Buyer Signs within 24 hours and returns to Seller Within its validity. 3. Upon receipt and review of the signed C.I., Seller sends to the buyer detailed information of Tank Storage facility where the product is stored for buyer to contact and extend the tank for at least a minimum of three (3) days. 4. Upon confirmation of Buyer's tank tension from seller's tank farm, Seller submits to by an Unconditional Dip Test Authorization (UDTA) along with the below full POP documents: - SGS report, Pre- Injection Report, Commitment Letter to Supply Authorization to sell & collect. 5. Buyer appoints their testing teams SGS or Equivalent to vessel. dip test in seller tank before injection to the buyer's vessel or conduct test upon injection completion into the buyer's vessel to ascertain the Quality and Quantity injected to the vessel. 6. Upon successful completion into buyers tanker, Seller issues payment invoice for Buyer to pay for the product value 7. Seller issues Tittle ownership documents to buyer upon confirmation of buyer payment. NCNDA/IMFPA sign and seal by all intermediaries connected in the transaction. 8. Seller within 24 hours upon receipt of the buyer's payment pays commission to all intermediaries involved in the transaction.
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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.
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.
Our portfolio includes both heavy and light crude oils, sourced from trusted suppliers worldwide. We deliver highquality crude products tailored to meet the specific needs of refineries and energy producers.
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.