Heavy Crude Oil

We are one of the leading exporters and suppliers of dark brown colored Heavy Crude Oil. We supply a minimum of 1000,000 BBL to a maximum of 5 Million BBL (x 12 months) on a monthly contract basis. Payment can be done at destination ports. Parties agree to a plus minus tolerance level of 5%- 10% with respect to the quality inspection unless otherwise stipulated.  Shipment will be as per delivery schedule.

Characteristics :
Units typical value gravity api 16.2 sulphur wt % 2.47 kinematic viscosity at 100  cst 509 vanadium ppm 184 neutralization number mg kohgr 1.6 pour point 0 colour dark brown all parties agree to a tolerance level of plus or minus 5%-10%, with respect to the quality inspection, unless otherwise stipulated.

Price : Market related

Procedure :

• Buyer issues purchase order (LOI) with Bank Comfort letter(BCL) from buyer's Bank to the Seller and Seller Issue Contract.
• Buyer Signs and accepts this FCO.
• Seller, issues upfront lifting delivery schedule directly in the name of the buyer after the contract is signed within 72 hours or earlier.
• Buyer establishes payment Instrument: 100% NON TRANSFERABLE DLC. No upfront fee or advance payment on any charges.
• Shipment follows per delivery schedule.