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.
A).ESPO CIF China $54/52 Per Barrel, Russia Origin
B).BLCO From NNPC Direct: CIF China Water Platts@ -10/-6,
CIF Rotterdam Plattsa -10/-6, FOB Nigeria Platts -14/-10
MDSTSI has access to most physical traded energy commodity from its HQ in United States of America, Brazil and others. The objective going forward is certainly to have a presents in all major operating hubs internationally. Most importantly, as a physical trader of energy commodities we support our clients by helping them meet their demands and needs.
Crude oil is one of the most essential natural raw material available and while is a depleting resource, it is used as a source to create wide range of industrial products. At MDS Trade Solutions Inc., the physical trading of Crude Oil is one of the mainstay of the company's products offering. As a physical trader, we will source crude oil from a variety of counterparties and supply partners, such as National oil Companies (NOC).
We will work with our supply partners to develop and structure tailored shipment solutions, and if possible specialized finance solutions.
The company's continues to work on expanding its distribution footprint in such geographical regions as Africa, China, India and North America.
Price: Based on the Loaded Quantity, Standard Barrels and
Under Dated Brent as in the Platts Oil Gram Report.
PAYMENT TERMS: STAND BY LETTER OF CREDIT (SBLC MT760) TT/ MT 103
DISCOUNT: YES.
Get in touch with our top-rated team to start enjoying direct access to the best offer, efficient communications, reliable and steady flow of products tailored to your business needs.
3317 Petroleum By Products Suppliers
Short on time? Let Petroleum By Products sellers contact you.
LNG - LIQUIFIED NATURAL GAS - We Offer LNG - LIQUIFIED NATURAL GAS for Immediate Sale. LIV Industries is a multinational corporation leading in the Aerospace and Energy industry. We are the worlds leading suppliers and distributors of innovative products and solutions. Our categories include, Commercial and Military Aircrafts, Avionics, Engines and Parts, Chemicals, Defense, Machinery, Natural Gas, Petroleum, Pharmaceuticals and Precious Metals. We are committed to maintaining the highest of ethical standards to our clients in the public and government sectors. Our excellent customer service and industry knowledge has been proven to be the best in the business. Our headquarters are strategically located in Miami, Florida, Gateway to Latin America,
Price of product ( USD price or FOB price) :
To be negotiated based on Spot price (CIF, L/C)
Product origin :
USA
Key Specifications/Special Features :
"Sulfur: 0.42% or less by weight as determined by A.S.T.M. Standard D-4294, or its latest revision
Gravity: Not less than 37 degrees API, nor more than 42 degrees API as determined by A.S.T.M. Standard D-287, or its latest revision
Viscosity: Maximum 60 Saybolt Universal Seconds at 100 degrees Fahrenheit as measured by A.S.T.M. Standard D-445 and as calculated for Saybolt Seconds by A.S.T.M. Standard D-2161
Reid vapor pressure: Less than 9.5 pounds per square inch at 100 degrees Fahrenheit, as determined by A.S.T.M. Standard D5191-96, or its latest revision
Basic Sediment, water and other impurities: Less than 1% as determined by A.S.T.M. D-96-88 or D-4007, or their latest revisions
Pour Point: Not to exceed 50 degrees Fahrenheit as determined by A.S.T.M. Standard D-97
Amended WTI Light Sweet Crude Oil Contract Specifications â?? Beginning January 2019
Micro Method Carbon-Residue: 2.40% or less by mass; as determined by ASTM Standard D4530-15, or its latest revision
Total Acid Number (TAN): 0.28 mg KOH/g or less as determined by the first inflection point; using ASTM Standard D664-11a (2017), or its latest revision
Nickel: 8 parts per million (ppm) or less by mass; as determined by ASTM Standard D5708-15, Test Method B, or its latest revision
Vanadium: 15 ppm or less by mass; as determined by ASTM Standard D5708-15, Test Method B, or its latest revision
High-Temperature Simulated Distillation (HTSD) as determined by-ASTM Standard D7169-16, or its latest revision, as follows:
(a) Light Ends <220 F by HTSD: Not more than 19% by mass
(b) 50% Point by HTSD: 470 F- 570 F
(c) Vacuum Residuum >1020F by HTSD: Not more than 16% by mass"
Minimum Order Size and Packgaing details :
To be negotiated
Procedures
1)LOI
2)MT199
3)seller offer TSR(tank receipt) and unconditional dip test Authority
4)buyer DIP and PAY
5)buyer has five days of free tank take over. Buyer responsible for tank cost after five days. TTO starts soon as payment is received.
*Can be discussed, but Seller SGS is not necessary, the buyer will get the dip test permission and TSR from the terminal, he can make arrangements to do SGS before pay.
VENEZUELA CRUDEProvide LOI and Charter Party Agreement, then will engage to provide full details.
Seller willing to provide 2m bbls, but for a first client they prefer to work on smaller quantity.
*Also willing to work on ship to ship xfer if the buyer prefers to work on the open water.
Merey 16 Crude Oil and Mesa 30 Crude Oil
1 million barrels
f o b Port of Jose Venezuela
1. Buyer issues letter-of-intent, seller responds with FCO.
2. Buyer provides details of his nominated vessel / vessels.
3. Seller responds with authorization for loading at the Port of Jose in Venezuela.
4. Buyer ship enters the Port of Jose for loading.
5. After loading, buyer conducts dip test for quality and quantity of product.
6. On successful completion of the dip test, buyer submits copy of the dip test to the seller and makes payment in the value of the amount loaded.
7. Seller issues crude origin documents from Trinidad and Tobago and ship is released for destination.
Send the ship to PDVSA terminal or ship-2-ship on Venezuela water. Payment made to American company after dip test on the vessel.
We have crude oil and must be sold to a refinery, however, brokers are expected to handle the initial back and forth.
Price is 2 dollars under Mexico Platts, .50 cents for both sides.Please email us LOI if interested to bgexchange21 at gmail dot com
sell Nigerian crude oil BLCO
QUALITY/ PRODUCT: Nigerian Light Crude Oil, NNPC Export Standard.
QUANTITY: Trial 2 million barrels and next 10,000,000 barrels Monthly +/-5% for One (1) year with an Option of Roll and Extension.
PRICE DISCOUNT: $10.00 Gross and $6.00 Net US Dollars per Barrel to the Buyer from Brent Platts on CIF price
SECURITY INSTRUMENT: Documentary Letter of Credit (DLC) of about $150,000,000 (One Hundred and Fifty Million US Dollars).
DISCHARGING PORT(S): CIF price CIF Qingdao and Rizhao Ports, China basis includes 110% marine insuranceof the cargo and ocean freight, CIF price
PAYMENT BY: Telegraphic wire transfer (MT103) within 3-5 days of delivery at discharge port.
SELL BLCO
QUALITY/ PRODUCT: Nigerian Light Crude Oil, NNPC Export Standard.
QUANTITY: The quantity to be delivered for Buyers Q&Q in DESTINATION PORT shall be ONE TWO MILLION (1 - 2,000,000) BARRELS +/- 5% initial delivery, followed by ONE - TWO MILLION (1 - 2,000,000) BARRELS +/- 5% SHIPMENT PER MONTH FOR 12 MONTHS on mutual agreement.
TOTAL QUANTITY: 120,000,000 barrels
PRICE DISCOUNT: The price shall be calculated in barrels. The price to be paid shall be based on the Buyers Inspector Report of survey of Quantity and Quality (Q&Q) of the Light Crude Oil for each shipment based on standard out-turn Barrel by SGS or its Equivalent at destination port.
Gross price US$10.00 per barrel and Net price US$6.00 per barrel
PAYMENT INSTRUMENT: Buyers Bank shall issue a STAND BY LETTER OF CREDIT SBLC VIA SWIFT MT760 in favour of Sellers nominated Account as logistics funds & WITH MT103 SWIFT WIRE TRANSFER FOR FINAL PAYMENT after Q&Q in DESTINATION PORT.
DISCHARGING PORT(S): CIF price CIF China, Indian, Singapore, Australia, Asia
PAYMENT BY: Telegraphic wire transfer (MT103) within 3-5 days of delivery at discharge port.
COMMISSION: buyer pays Two US Dollar ($2.00) per barrel to both buyer / seller brokers & facilitators, per the separated IMFPA (Irrevocable Master Fee Agreement)
The Seller side is closed. The buyer side 2 USD per bbl is open.
CIF PROCEDURE SBLC
1. Contract to be signed between the seller and buyer and copies send to their banks.
2. Buyer issues letter of readiness to the NNPC through the seller and upon confirmation of readiness letter from buyer by seller/NNPC, seller instruct the corporation (NNPC) to send a supply assurance letter to buyer.
3. US$10million BG/SBLC VIA SWIFT MT760 to be issued from buyer bank to seller nominated bank according to seller approved verbiage.
4. Full sets of shipping documents of loaded cargo in buyer name to be sent direct to buyer or by bank to bank shipment by shipment.
5. Buyer sends his full NOR/ETA/ ATB format and Inspector and Supercargo IDs. Seller issue MATB and invite buyer inspectors to board the vessel for Q&Q
6. 100% conditional payment instrument via MT103/72 to be issued from buyer bank to seller nominated bank.
7. Cargo is unloaded into buyer storage tank and CIQ inspection is concluded. Seller issue cargo documents and invoice to buyer based on CIQ result.
8. Buyers Bank pays for the full cargo to Sellers bank via MT103 Swift Wire Transfer and simultaneously pay commissions to all Agents/Facilitators on this SPA, against Original copies of all relevant Cargo documents, including certificate of ownership and vessel Charter Party Agreement in Buyers name.
9. Next shipment continues as shall be mutually agreed, subject to prevailing price.
PROCEDURE FOR QINGDAO OFFSHORE TANK FARM STORAGE
PRIC E: $10/4 NET$6
1. Buyer and Seller sign and seal the Sales and Purchase Agreement including full Banking coordinates of Seller and Buyer.
2. Buyer returns signed SPA with names of persons and inspectors authorized for CIQ inspection.
3. Seller provides the offshore POP (4) documents to buyer for verification and confirmation of product in storage with tank manager/Agent in Qingdao China.
(1) Tank Receipt
(2) Storage Certificate
(3) Storage information
(4) Discharge certificate
Note: Certificate of entry will be provided when product is cleared to Onshore.
4. Seller gives direct contact information of tank farm agent/manager in Qingdao assist buyer to verify full cargo documents. After verification and Confirmation of Documents and reality of crude oil in Qingdao.
5. Buyer issue SBLC or BG MT760 for reassignment of documents and Warrantee of Title (W.O.T.) from buyer bank to seller fiduciary bank account according to sellers verbiage/text in amount of $1,000,000 via a bank account as per stipulated banking coordinates. Note: SBLC or BG is only for 30-45day only
WOT means Warrantee of ownership is transferred to buyer. WOT will be issued within 2 WEEKS AFTER RECEIPT INSTRUMENT.
Reassignment of the following documents will be made to buyer with the WOT.
CLEAN OCEAN BILL OF LADING, ONE (1) ORIGINAL AND THREE (3) COPIES
SELLER'S COMMERCIAL INVOICE, ONE (1) ORIGINAL AND THREE (3) COPIES
SGS/SAYBOLT CERTIFICATE OF QUALITY AND QUANTITY, ONE (1) ORIGINAL AND THREE (3) COPIES
CERTIFICATE OF ORIGIN ISSUED BY NNPC, ONE (1) ORIGINAL AND THREE (3) COPIESOF
CERTIFICATE OF AUTHENTICITY ISSUED BY NNPC, ONE (1) ORIGINAL AND THREE (3) COPIES
CERTIFICATE OF OWNERSHIP
MASTERS RECEIPT FOR SAMPLES
MASTERS RECEIPT FOR DOCUMENTS
CARGO MANIFEST
6. Seller shall move the said offshore floating product to a NNPC Onshore China Tank Farm/Storage nearest to Buyers POD by Buyers nominated inspection team for CIQ inspection. Buyer conducts SGS/CIQ/QNQ at buyers onshore tank depot
7. Buyer and Seller shall receive CIQ Inspection report from the inspection.
8. Buyers Bank shall swift and effective MT103 or T/T covering the entire cargo within Twenty-four (24) hours upon receipt of positive CIQ Report from the Inspection Agency as stipulated in the SPA
9. Buyers Shipping/Forward Agent shall handle the transfer of cargo from NNPC onshore China Tank Farm/Storage to Buyers Tank Farm/Storage.
Next transaction begins base on agreement between both parties
NOTE; DISCHARGE WILL ONLY TAKE PLACE AFTER ALL FEES AND COMMISSIONS HAVE BEEN PAID ACCORDINGLY.
*2M-10MBBLS OF BLCO IN NNPC CHINA TANKFARM@$9/5NET
*TRANSACTION PROCEDURE:*
1)Buyer and Seller sign and seal the Sales and Purchase Agreement including full Banking coordinates of Seller and Buyer. Buyer returns signed SPA with complete ATB,CIS format. (Names of persons and inspectors authorized to board the the storage for Q & Q inspection)
2. Seller sends to the buyer an endorsed letter of acknowledgment of receipt of signed SPA and release OFFSHORE CHINA TANKFARM CARGO POP TO END BUYER for buyer's confirmation.
The documents are;
a) Discharge Certificate
b) Storage Information
c) Offshore Storage certificate.
d) Tankfarm Storage Receipt (TSR).
3. Buyer confirm NNPC OFFSHORE CHINA TANK FARM CARGO and issues PREADVICE VIA MT799 to seller's bank on readiness to issue SBLC/BG/MT700DLC/MT799BLOCKED FUNDS.
4) Seller responds with Preadvice via mt799 on readiness to receive instrument
5) Buyer issues SBLC/BG/MT700DLC/MT799BLOCKED FUNDS for total cargo from Top 50 global Banks according to Seller's Approved Verbiage within 3(three) banking days. Buyer sends telex charge copies and copies of SWIFT to Seller for confirmation with Fiduciary Bank.
6. SELLER shall SWIFT Payments with NNPC's Official invoice for the following fees to the NNPC designated account:
(A) FULL CARGO DOCUMENTS TO BE ASSIGNED TO THE BUYERS COMPANY'S NAME.
(B) WARRANTY OF TITLE(WOT).
(C) DIP TEST AUTHORIZATION (DTA).
Reassignment of the following documents will be made to buyer with the WOT.
(1) CLEAN OCEAN BILL OF LADING, ONE (1) ORIGINAL AND THREE (3) COPIES
(2) SELLERS COMMERCIAL INVOICE, ONE (1) ORIGINAL AND THREE (3) COPIES
(3) SGS/SAYBOLT CERTIFICATE OF QUALITY AND QUANTITY, ONE (1) ORIGINAL AND THREE (3) COPIES
(4) CERTIFICATE OF ORIGIN ISSUED BY NNPC, ONE (1) ORIGINAL AND THREE (3) COPIES
(5) CERTIFICATE OF AUTHENTICITY ISSUED BY NNPC, ONE (1) ORIGINAL AND THREE (3) COPIES
(6)/CERTIFICATE OF OWNERSHIP
(7) MASTERï¼? RECEIPT FOR SAMPLES
(8) MASTERS RECEIPT FOR DOCUMENTS
(9) CARGO MANIFEST
7) Upon payment of fees by Seller for Cargo Re-Assignment and Warranty of Title for the cargo, all cargo Documents as well as all rights to the cargo is re-assigned and issued to Buyer and in their favour by NNPC.
(8) Warranty of Title and Re-assigned documents are sent to the Tank Farm Manager, upon verification of the documents and Warranty of Title by Tank Farm Manager, Dip Test Authorization is issued to Buyer.
(9) Dip Test (DTA) is carried out in an NNPC ONSHORE China Tank Farm/Storage nearest to buyer's POD by Buyer's nominated inspection team
3317 Petroleum By Products Suppliers
Short on time? Let Petroleum By Products sellers contact you.
