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Iraqi Light Crude Oil Offer:
1. Availability:
Up to 2 million barrels per month (and potentially more).
2. First Deal:
The initial transaction can be a spot deal, followed by a long-term contract (yearly).
3. STS (Ship-to-Ship):
Transfer point: Oman
4. Documentation:
All documents will reflect Oman as the source, though the original origin is Iran.
5. Product Quality:
The crude oil specifications are very good.
6. Document Changes:
All official documents will be updated to show Oman as the origin.

Important Note: Iraqâ??s Crude Oil Sales Process
Unlike many global markets, Iraq operates differently in crude oil sales. This means:
1. Only qualified buyers and refineries can engage in direct purchases.
2. Strict registration, compliance, and financial verification processes are required.
3. Transactions involve long-term contracts or structured agreements.

If you are interested in securing Heavy or Light Crude Oil, please contact us . Our team will guide you through the proper procedures to ensure compliance with Iraq's regulatory framework for crude oil sales.

LIQUEFIED PETROLEUM GAS (LPG)

Minimum Quantity: 50,000 MT
Maximum Quantity 100,000 MT

FOB Price: Gross 200 USD Net 190 USD
CIF Price: Gross 20 USD Net 210 USD

LIQUIDIFIED NATURAL GAS (LNG)

Minimum Quantity: 100,000 MT
Maximum Quantity 200,000 MT

FOB Price: Gross 250 USD Net 240 USD
CFI Price: Gross 260 USD Net 250 USD

ORIGIN QATAR/TURKEY
QUANTITY 50,000MT and above
PRICE CIF $370 Gross; $360 Net. FOB $340 Gross $330 Net. Negotiable based on volumes.
DELIVERY TERMS: CIF
COMMISSION: $10.00 $5.00/MT Seller side; $5.00/MT Buyer side.
TRANSACTION CIF PROCEDURES
1. The buyer sends the irrevocable purchase request, including the copy of the signatory's passport, the bank letter of financial capacity concerning the operation, as well as the technical data of the unloading "LNG" Terminal.
2. The seller issues a draft contract of sale and purchase, for review and approval. The buyer and the seller fix the video conference for the preliminary negotiations.
3. Completing all the negotiations concerning the contract and the operation, the buyer and the seller proceed to the signing of the contract, the signature must be in original, and each party must receive an original copy by express post.
4. Once the negotiations are completed, the buyer and the seller sign a copy of the contract in electronic format and put in PDF format, it will be communicated to each party by email.
5. Within 48 hours after receipt of the signed contract in electronic format by the buyer, the seller will provide a copy via email of the â??PPOP" as follows:
a. Copy of the Certificate of origin.
b. Copy of the Supply Commitment.
c. Copy of the Product passport.
d. Copy of the Declaration of product availability.
e. Copy of the Product export license.
f. Copy of the Product Allocation Certificate.
6. After verification and confirmation of the documents by the buyer, the latter will proceed with the implementation of the contract guarantee as agreed between the buyer and the seller.
7. Once these steps have been completed, a meeting will then be organized in the seller's offices for the final negotiations and the signing of the definitive contract in original.

Note: in the event of inability of one of the parties to be present at this meeting, as an alternative the contract may be signed during a video conference between the seller and the buyer, the originals will then be exchanged via express mail.
8. After the final contract is signed in original by the seller and the buyer, the buyer's bank will have fifteen (15) business days to issue the guarantee as described in the contract.
9. Once the contract guarantee is activated in the seller's bank, the seller will proceed to load the vessel(s) and send the POP (including SGS) in PDF format to the email address, or any other address chosen by the seller.
10. The shipment starts as agreed in the contract, upon arrival of the vessel at the discharge port, the buyer will do his own Q&Q / SGS inspection, the seller based on the Q&Q will issue the invoice for the entire discharged product and the buyer shall proceed to pay the full shipment via TT Wire or Swift - MT103 within 48 hours as per the Q&Q report. The seller will transfer the ownership of the product to the buyer once the bank has confirmed the payment.