Specifications Test Method Min. Max.
Kinematic Viscosity at 100°C ASTM D-445 9.5 11.2
Viscosity Index ASTM D-2270 87 95
Flash Point °C ASTM D-92 208 240
Pour Point °C ASTM D-97 -16 0
Total Acid number mg KOH/g ASTM D-664 - 0.05
Color ASTM D-1500 1.5 2
Auto-ignition temperature ASTM D2155 402 °C
PHYSICAL PROPERTIES:
APPEARANCE: liquid Bulk density: 7.4 lbs/gal [ASTM D1250]
Color: dark Solubility: Insoluble in water
Specific gravity: 0.89 at 16ï?°C [ASTM D1298] Molecular weight: 690
COMMODITY:WTS CRUDE OIL API 24.0
ORIGIN: HOUSTON, TEXAS
QUANTITY:1 MILLION SPOT PURCHASE WITH 2 MILLION BARRELS PER MONTH CONTRACT
FOB:HOUSTON, TEXAS
PRICE:WTI PLATTS - 1
COMMISSIONS: COMMISSION $.50 INCLUDED IN THE - 1 PRICE SPLIT $.25 BUY SIDE / $.25 SELL SIDE PAYMENT TERMS:BY SWIFT MT 103VIA BANK OF AMERICA IOLTA
INSPECTION: Q&Q, INTERTEK OR SGS AT BUYERS OWN EXPENSE
FOB SPOT PROCEDURES: 1. Seller issues a commercial invoice (CI) to Buyer to sign and return.
2. Seller issues report for lifetable quality buyer signs and returns to seller.
3. Within 8 hours after receiving the CI buyer pays via MT103/TT transfer 5% of the funds to cover 1,000,000 barrels quantity ready in tank for injection.
4. Seller issues full Injection report for lifetable quantity tank farm and tank number Houston, Texas.
5. Buyer nominates logistics / vessel Q88 to inject the product.
6. Buyer has 3-5 days to lift quantity at sellers storage tank. If Buyer does not remove Crude Oil in a lot time. Buyer will be responsible for tank storage fees incurred and will be deducted for the 5% deposit.
7. Seller injects fuel into buyers vessel buyer pays balance of funds to cover quantity loaded.
8. Seller issues SPA for signature and buyer agree to future lifts.
The price to be paid shall be based on the loaded quantity of crude oil for each shipment based on standard barrels and under dated Brentâ??s, as in the Plattâ??s oil gram report (on the day of Bill of lading for CIF or on the day of QnQ for FOB) as published by McGraw Hill market .
The Discount to the Buyer shall be: Gross: $10 to $12 (Depending on if FOB or CIF deal)
BLCO Bonny Light Crude Oil
Direct from NNPC Nigeria
Gross discount: $14.00 per barrel
Net discount to buyer: $10.00 per barrel
Interested please contact for detail.
Rebco as per russian export spacification
Buyer/buyer authorized mandate contact us , no chine of brookers,
We will arange meeting in cyprus or london
Buyer must provide on his hand icpo ,copy of passport, bcl
We arrange the imfpa, we fly to moscow to finalize with the major oil supplier, supplier details will be providedin the meeting,
Contract negociated and agreed on ttm in moscow
We will design and produce it according to your material and requires on final product.
Our scope is : We are experienced in refining industry and we are able to contruct
refineries&bitumen&MTBE&TAME&SBAC production lineâ?¦etc for our clients on EPC turnkey basis. meanwhile we can provie oil recycling production line, and accessary such as tank inner float.
