[Verified] Finding Reliable Crude Oil and Fuel Oil Sellers for Strategic Partnerships

#1 · June 12, 2024, 9:28 pm

Quote from chief_editor on June 12, 2024, 9:28 pm

A leading player in the crude oil trading sector is currently seeking new opportunities to expand its supply chain. With a robust background in energy trading and a commitment to quality and reliability, this entity is well-positioned to forge lasting relationships with suppliers who meet stringent quality and operational standards.

Background

Our client is a well-established entity in the crude oil trading industry, known for its excellence and reliability. The company is part of a larger conglomerate founded in 1997, which has grown to become one of the world's top 200 enterprises and one of China's top 500 enterprises. The conglomerate's business portfolio spans logistics, trade, supply chain management, financial investment, and real estate development. With operations in multiple countries and regions, the client leverages extensive industry experience and a broad business network to manage significant trading volumes and maintain a strong global market presence. While the name remains confidential, their industry standing speaks volumes about their operational integrity and market influence.

Key Transaction Terms

1. Products and Grades:

-Crude Oil:

-Quantity: 100,000 MT/Month (±10%)

-Quality: Standard exporting quality, loaded from Kozmino

-Fuel Oil:

-Quantity: 150,000 MT/Quater (±10%)

-Quality: Sulfur content <1.5%; Distillation yield below 550°C ≥60%, standard exporting quality, loaded from Nakhodka

2. Delivery Terms:

- DES (Delivered Ex Ship) to one safe port/berth, with detailed nomination and substitution clauses ensuring flexibility and reliability in vessel scheduling.

3. Pricing and Payment:

- Unit price calculated in USD.

- Payment terms include 100% of the cargo value payable in CNH within specified calendar days post COD date, via telegraphic transfer (TT).

4. Quality and Quantity Determination:

- Inspections conducted by a first-class independent inspector, with costs shared equally between buyer and seller. The inspection results are final and binding.

5. Laytime and Demurrage:

- Detailed terms for laytime commencement, allowable time for discharging cargo, and demurrage rates.

6. Legal and Arbitration:

- The contract is governed by the laws of the People's Republic of China

This strategic search for new crude oil and fuel oil suppliers is part of our client’s broader initiative to enhance operational efficiency and ensure a consistent supply of high-quality products. Interested parties who meet the specified criteria and are eager to establish a reliable partnership are encouraged to reach out for further discussions.

Contact information:

WhatsApp: +44 7493 851334

A leading player in the crude oil trading sector is currently seeking new opportunities to expand its supply chain. With a robust background in energy trading and a commitment to quality and reliability, this entity is well-positioned to forge lasting relationships with suppliers who meet stringent quality and operational standards.

Background

Our client is a well-established entity in the crude oil trading industry, known for its excellence and reliability. The company is part of a larger conglomerate founded in 1997, which has grown to become one of the world's top 200 enterprises and one of China's top 500 enterprises. The conglomerate's business portfolio spans logistics, trade, supply chain management, financial investment, and real estate development. With operations in multiple countries and regions, the client leverages extensive industry experience and a broad business network to manage significant trading volumes and maintain a strong global market presence. While the name remains confidential, their industry standing speaks volumes about their operational integrity and market influence.

Key Transaction Terms

1. Products and Grades:

-Crude Oil:

-Quantity: 100,000 MT/Month (±10%)

-Quality: Standard exporting quality, loaded from Kozmino

-Fuel Oil:

-Quantity: 150,000 MT/Quater (±10%)

-Quality: Sulfur content <1.5%; Distillation yield below 550°C ≥60%, standard exporting quality, loaded from Nakhodka

2. Delivery Terms:

- DES (Delivered Ex Ship) to one safe port/berth, with detailed nomination and substitution clauses ensuring flexibility and reliability in vessel scheduling.

3. Pricing and Payment:

- Unit price calculated in USD.

- Payment terms include 100% of the cargo value payable in CNH within specified calendar days post COD date, via telegraphic transfer (TT).

4. Quality and Quantity Determination:

- Inspections conducted by a first-class independent inspector, with costs shared equally between buyer and seller. The inspection results are final and binding.

5. Laytime and Demurrage:

- Detailed terms for laytime commencement, allowable time for discharging cargo, and demurrage rates.

6. Legal and Arbitration:

- The contract is governed by the laws of the People's Republic of China

This strategic search for new crude oil and fuel oil suppliers is part of our client’s broader initiative to enhance operational efficiency and ensure a consistent supply of high-quality products. Interested parties who meet the specified criteria and are eager to establish a reliable partnership are encouraged to reach out for further discussions.

Contact information:

WhatsApp: +44 7493 851334