2-4mm bbl per month (can increase)
FOB Iraq
Light or Heavy Grade
Brent minus 20%
Payment in physical cash
Meet face to face in Dubai for negotiation
2-4mm bbl per month (can increase) FOB Iraq Light or Heavy Grade Brent minus 20% Payment in physical cash Meet face to face in Dubai for negotiation
We are a crude oil manufacturer from Oman and can provide light/heavy crude oil to the world. Our licenses, qualifications, procedures, inspection reports, qualifications and other information are complete and verifiable, and we can support offline oil factory office interviews. Please provide the buyer with quantity, destination port, transaction method and other information.
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.
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.
I'm excited to share that we've recently acquired a mandate for Crude Oil. We're now in partnership with a top-tier supplier, providing access to both Light and Heavy Crude from various countries. Our offerings include CIF and FOB options, with competitive pricing based on Platts (ranging from Minus -4 to Minus -11), which varies with the grade and source location. Our collaboration with a Primary Supplier ensures adherence to strict terms, protocols, and procedures, allowing us to offer favorable terms dependent on the buyer's financial standing. To proceed with a tailored quote, our supplier requires the following documents: * Audited Financial Statements (last 3 years) * W-9 Credit Form for US Companies OR W8/International Credit Information for Non-US Entities * Articles of Incorporation/Organization * Contact details (name, phone, email) for Credit/Billing We're eager to explore the potential of working together. Please let us know if you're interested in receiving a quote. Best regards, Allen Managing Partner, Magnolia Industries
Light Crude Oil Origin OMAN/NIGERIA/RUSSIA
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!
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,
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.