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,
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.
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!
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.
Crude Oil:
Bonny Light
REBCO
ESPO (Siberia Pacific Oil)
Basra Light
WTI
Southern Green Cayon Blend
Olmeca Mexican crude
Heavy Crude, etc.
Product Description :
Crude oil is a mixture of hydrocarbons that formed from plants and animals that lived millions of years ago. Crude oil is a fossil fuel, and it exists in liquid form in underground pools or reservoirs, in tiny spaces within sedimentary rocks, and near the surface in tar (or oil) sands
Price of product ( USD price or FOB price) : Price on request
Product origin : Worldwide
Key Specifications/Special Features :
Specifications for types/grades of crude (special grade needed by buyer)
will be issued after received your credible purchase request in the form LOI/ICPO docs.
Minimum Order Size and Packgaing details :
Bulk in tanker vessels.
Tanks 20 MT.
We offer high quality petroleum products (including Russian D2 GasOil, Mazut M100, JP54 Jet Fuel, Jet A-1, D6 Virgin Fuel Oil, EN590, LNG,LPG, Cst180, Light Cycle Oil,REBCO etc). PROMMEKS CJSC is an ultimate global sourcing channel for reliable reliable Allocation holders,title holders, refineries and end sellers. We urge you to contact us for purchase of varieties of products as our returns for over ten years has been impressive and our channels continues to grow due referrals by our customers.
For latest pricing Enquiry, Please contact us on our email and contact details
Light Cycle Oil (LCO) is a diesel boiling range product from Fluid Catalytic Cracking Units (FCCUs). FCCU is responsible for the production of petrol, LPG and Light Cycle Oil (LCO). There are various ways of economically upgrading LCO, which include hydrotreating, high pressure hydrocracking for full conversion of LCO into Naphtha and a more optimized partial conversion hydrocracking process. It can be used in susch industries as Agrochemical, Crude Oil, Petrochemicals, Petroleum Products.
Bonny Light Crude Oil (BLCO) is a high-quality, light sweet crude oil with low sulfur content, making it ideal for refining into premium products like gasoline and diesel. Sourced from Nigeria, it is globally recognized for its excellent refining characteristics and high yield.
We are NNPCS official allocation holder, offer real CIF or FOB bonny light crude oil direct from NNPC
We sell bonny light crude oil at off OPEC price and we will offer all commission for the buyer side because we are the seller, no any seller side agent
Pls contact me, and I will offer my company BLCO proposal to you (including proof of product and SOP)
Minimum order:2 Million barrel/vessel
WHAT IS BONNY LIGHT CRUDE OIL OR BLCO
Bonny Light Crude Oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of Bonny.
The very low sulfur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and the lower environmental impact of its byproducts in refinery
effluent.
Product Description
Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. A type of fossil fuel, crude oil can be refined to produce usable products such as gasoline, diesel, and various other forms of petrochemicals. It is a� nonrenewable resource, which means that it can't be replaced naturally at the rate we consume it and is, therefore, a limited resource.
Price of product ( USD price or FOB price) :
USD 220 - 230 per MT
Product origin :
Russian
Key Specifications/Special Features :
International Standard
Minimum Order Size and Packaging details :
25000 MT
Product Details:
Form : Liquid
Storage : Dry Place
Grade ; Industrial Grade
Application : Industrial
Supply Ability : 2500000 Kilograms Per Month
Price And Quantity
Minimum Order Quantity : 50 Kilograms
Product Specifications
Form : Liquid
Storage : Dry Place
Grade : Industrial Grade
Application : Industrial
Trade Information
Payment Terms : Cash in Advance (CID)
Supply Ability : 2500000 Kilograms Per Month
Delivery Time : 1 Week
Main Domestic Market : All India
Product Description
We are engaged into offering Crude Oil for industrial purposes. It is a liquid form of oil that is used for propelling vehicles, heat buildings, produce electricity and more. It is one of the major important oils for industrial sector. This oil is produced in OCS and other domestic locations and then refined into refined into several types of petroleum products into consumerable fuel and non fuel products. Our Crude Oil is converted into petrol, diesel, LPG gas and more.
Crude oil is a naturally occurring, unrefined petroleum product that is found in the earth's crust. It is a complex mixture of hydrocarbons that varies in color from yellow to black and is used to produce a wide range of products, including gasoline, diesel fuel, jet fuel, and plastics. Crude oil is one of the most valuable commodities in the world, and its import and export are essential for many businesses to operate.
We're a UK company, presenting a GENUINE SELLER for ESPO CRUDE OIL .. Origin: RUSSIAN ... MOQ: 1.000.000 BBL / month ... Pricing: 8.0% DISCOUNT AGAINST DATED BRENT ... The seller can supply as CIF and Vessel Take Over only. The Seller is the TITLE HOLDER ... SBLC MT760 is accepted as NON-TRANSFERABLE, NON-OPERATIVE and is issued to the SELLER (not to a fiduciary).. We're looking for RWA BUYERS .... Contact: Usama
