LCO is a poor diesel fuel blending component without further processing, however process LCO into desired products such as very-low sulphur diesel and high-octane high-aromatics naphtha.
SOP to purchase:
1. Buyer Issue LOI.
2. Seller Issue SCO.
3. Buyer confirm on the SCO and issue an official ICPO.
4. Seller issue draft SPA and Letter of acceptance to buyer and buyer accept and counter sign return to Seller.
5. Seller reviews signed contract, register and legalizes the contract with the appropriate Authorities on Seller's expenses.
6. Seller releases to Buyer the Legalized SPA and below listed Partial POP Documents. (a) Refinery Commitment to Supply (b) Certificate of Origin (c) Statement of availability of product (d) Product quality passport (Analysis test Report) (e) Export License.
7. (a) Buyer issues SBLC swift MT760 or DLC swift MT700 within Seven (7) banking days to seller;
(b) If buyer fails to issue SBLC swift MT760 or DLC swift MT700 in 7 working days, Buyer shall make guarantee deposit of 3% TT Wire from total value of the Contract to seller's.
8. (A) Upon confirmation of buyer's SBLC swift MT760 or DLC swift MT700 or guarantee deposit of 3% TT Wire to seller's nominated bank, seller issue Full POP and Shipping Documents and 2% Performance Bond via SWIFT bank to bank as shown below: (a) Bill of Lading (b) Vessel Tanker Q88 (c) Fresh SGS Report (d) Charter Party Agreement (e) Ownership Certificate (f) Title Transfer Affidavit (g) Product Allocation Certificate (h) Ullage Report (i) Cargo Manifest (j) Notice of Readiness. (B) All Parties involved signed the NCNDA/IMFPA.
9. Shipment commences as per contract schedule.
10. Upon arrival at the discharge port, the cargo will be subject to CIQ/SGS inspection at the Buyer's expense. Upon completion of CIQ/SGS inspection, the Buyer makes 100% or 97% payment via MT 103- T,'T wire transfer within 72 hours from issuance of CIQ/SGS certificate at discharge port.
ICPO should provide / state - --
1 ) Price ,
2 ) Procedures ,
3 ) Buyer banking details ,
4 ) Buyer Company registration copy
5 ) Buyer passport copy of Director / Signatory
6 ) Buyer co profile ,
7 ) Buyer specifications 8 ) Any other Import Permits and TSA .
Light Cycle Oil LCO is a diesel boiling range product from fluid catalytic cracking units flexible process to process LCO into desired products such as verylow sulphur diesel and high octane higharomatics naphtha It is a light lubricating oil that is suitable for use on bicycles and similar equipment It is a diesel boiling range product from fluid catalytic cracking units Light cycle oil is a poor diesel fuel blending component LCO are produced at the bottom of the fluidized catalytic cracking FCC process in a refinery and are enriched with 5080 wt heterocyclic aromatic compounds 3 wt S and 600 ppm N
Origin: Kazakhstan Quantity: One Hundred Thousand (100,000) Metric Tons With R&e Into Yearly Contract Loading Ports: Rotterdam / Houston / Kazakhstan / Fujairah / Jorong Ports Inspection: Sgs for the Quality & Quantity Test Report Insurance: Paid by Seller, Covering 110% of Shipment Value Terms of Selling , Fob , Cif , Tto ,ttv ,ttia
Light Cycle Oil, also known as LCO, is a refined product derived from the processing of crude oil. It has a higher density and boiling point range compared to diesel fuel but lower than heavy fuel oil. LCO is commonly used as a feedstock for fluid catalytic cracking units (FCCU) and is also used as a blend component for marine fuels.
We are trading in - Light Cycle Oil Light Cycle Oil (LCO) is a diesel boiling range product from Fluid Catalytic Cracking Units (FCCUs). However, LCO is a poor diesel fuel blending component without further processing. Oil refining is an industrial process which involves separation, conversion and finishing. FCC centered refinery uses Fluid Catalytic Cracking Unit (FCCU) has the major conversion unit. FCCU is responsible for the production of petrol, LPG and Light Cycle Oil (LCO). Diesel is the most important fuel used in automobiles because of its high efficiency. The global demand for diesel is increasing than petrol but many older refineries have optimized their plant for producing more petrol than diesel. Light Cycle Oil is the diesel boiling range material, which is produced in addition to gas and petrol in the FCCU. LCO is treated in the diesel hydrotreater (DHT) unit to produce low sulphur environment friendly diesel. Production of LCO is increased in the FCCU by employing medium conversion mode rather than using traditional low conversion mode. Low conversion mode will cause a loss of gas production, deteriorate petrol octane rating and also increase the production of low valued slurry oil. With medium conversion technique both gas quality and quantity is maintained and improves the petrol octane rating. Medium conversion mode also reduces the amount of low valued slurry oil. Slurry oil contains LCO boiling range material in it; hence a separate slurry oil stripping tower is employed to recover the LCO from slurry oil.
Light Cycle Oil (LCO)
LIGHT CYCLE OIL (LCO) Minimum Quantity: 5000 MT per Month CIF Price: USD $400.00MT/USD $390.00 NET on CIF 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.
LIGHT CYCLE OIL(LCO) Russian Origin: CIF ASWP Gross US$290/Net $280/MT. Payment: 2% PB against DLC/SBLC. LIFTABLE CAPACITY MOQ 50,000 MT~200,000 MT/monthly. Commission: ALL Buyer Side $5/MT with ALL Seller Side Closed NOTE:END SELLER/ATSC HOLDER is Paymaster under NCNDA/IMFPA.
LIGHT CYCLE OIL ( LCO ) "***Special offer*** Russian origin----- DELIVERY TERM: FOB & CIF " MOQ: 40,000 MT/Month ( 1-year Contract )----- PACKING: Bulk, etc----- "Payment Term: DLC/MT700 --- SBLC/MT760 --- 5% Guarantee WORKING PROCEDURE CIF/TTO --- 10% Deposit in Escrow Agent WORKING PROCEDURE CIF--- Any World Safe----- Without any payment in advance"
Origin: Kazakhstan, Azerbaijan MOQ: 50,000 MT/mth (12 mth contract); Trial Lift Available Max Quantity: 300,000 MT/mth
Light Cycle Oil (LCO) is a diesel boiling range product from Fluid Catalytic Cracking Units (FCCUs). Production of LCO is increased in the FCCU by employing medium conversion mode rather than using traditional low conversion mode. Low conversion mode will cause a loss of gas production, deteriorate petrol octane rating and also increase the production of low valued slurry oil. With medium conversion technique both gas quality and quantity is maintained and improves the petrol octane rating. Medium conversion mode also reduces the amount of low valued slurry oil. Slurry oil contains LCO boiling range material in it; hence a separate slurry oil stripping tower is employed to recover the LCO from slurry oil.
