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Petro Chemicals

Petro Chemicals

PETROLEUM

The word Petroleum is derived from two words ‘Petra’ meaning rock and ‘oleum’ meaning oil. The oil which occurs naturally in porous rocky strata in liquid form is the crude oil.  If it is in semi hard state mixed in sand then it is bitumen. The crude oil can be black, brown, green or even orange to yellow.  It contains oxygen, sulphur, nitrogen and other items in minute quantities which determines it suitability for a specific application.

The crude oil or its derivatives are marketed by volume (by gallon, litre or barrel) or weight (by metric tonnes (mt)).   The co-relation between 7.2 to 7.4 barrels to 1 mt is taken for rough calculation only as is it not precisely accurate.

The price of Crude Oil is continually rising at present, so the market has swung towards SPOT deals because of the market uncertainty.

We are only concerned with marketing the Petroleum Products and some of the products we can offer when available are:

Brand Name:
Terms of Payment: L/C, T/T
Supply Ability: Any quantity
Minimum Order: 500,000 mt
Packing: 

Vessel Bound

Delivery: 30-45 days After Payment and then as scheduled
Brand Name:
MAZUT M100 (GOST 10585/75)
Terms of Payment: L/C, T/T
Supply Ability: Any quantity
Minimum Order: mt
Packing: 

 

Delivery: 30-45 days After Payment

 

Brand Name:
MAZUT M100 (GOST-10585-99)
Terms of Payment: L/C, T/T
Supply Ability:  
Minimum Order:  
Packing: 

 

Delivery: 30-45 days After Payment

 

Brand Name:
REBCO (Russian Export Blend Crude Oil)
Terms of Payment: L/C, T/T
Supply Ability:  
Minimum Order:  
Packing: 

 

Delivery: 30-45 days After Payment

Brand Name:
BLCO (Bonnie Light Crude Oil)
Terms of Payment: L/C, T/T
Supply Ability:  
Minimum Order:  
Packing: 

 

Delivery: 30-45 days After Payment

Brand Name:
SLCO (Saudi Light Crude Oil)
Terms of Payment: L/C, T/T
Supply Ability:  
Minimum Order:  
Packing: 

 

Delivery: 30-45 days After Payment

Brand Name:
Jet Fuel,GOST 10227-86
Terms of Payment: L/C, T/T
Supply Ability:  
Minimum Order:  
Packing: 

 

Delivery: 30-45 days After Payment

Brand Name:
CST 180, 360
Terms of Payment: L/C, T/T
Supply Ability:  
Minimum Order:  
Packing: 

 

Delivery: 30-45 days After Payment

Brand Name:
Gasoline – all octanes
Terms of Payment: L/C, T/T
Supply Ability:  
Minimum Order:  
Packing: 

 

Delivery: 30-45 days After Payment

Brand Name:
Naphtha
Terms of Payment: L/C, T/T
Supply Ability:  
Minimum Order:  
Packing: 

 

Delivery: 30-45 days After Payment

Brand Name:
Terms of Payment: L/C T/T
Supply Ability: 5,000 mt per month
Minimum Order: 1,000 mt
Packing: 

In reconditioned steel drums
– 80 drums palletised in 20ft ISO Container
– approximate weight between 16 and 20 ton per container.

Delivery: 30-45 days After Payment

Brand Name:
Terms of Payment: L/C
Supply Ability:

35,000 mt per month

Minimum Order: 5,000 mt
Packing:  Bulk or Containerised or in Bulk sling bags
Delivery: 25 - 30 days After Payment

Brand Name:
Bio-Diesel
Terms of Payment: L/C, T/T
Supply Ability:  
Minimum Order:  
Packing: 

 

Delivery: 30-45 days After Payment

Brand Name:
Terms of Payment: L/C
Supply Ability: 1,000,000 mt per month
Minimum Order: 100,000 mt
Packing: 

LNG Tankers 12,500 mt – 50,000 mt

Delivery: 30-45 days After Payment

Brand Name:
Terms of Payment: L/C
Supply Ability: 1,000,000 mt per month
Minimum Order: 100,000 mt
Packing:  LPG Tankers CIF Asia, Europe
Delivery: 30-45 days After Payment

 

Our main supplies are direct from Refineries in Russia and also their Sellers/Allocation Holders as well as in Saudi Arabia and other countries who provide petroleum products at competitive prices.    Please send us your enquiry and we will send you a Soft Offer for supply from a genuine seller.

SOME GOOD ADVICE

We have a very high percentage of enquiries from bogus buyers and time wasters so initially, in response to our Soft Offer, the Buyer must confirm who they are and that they fully understand the Seller’s Soft Offer procedure and are capable of providing all aspects as outlined.    Therefore, the Buyer confirms the Soft Offer and issues an ICPO with full banking coordinates to the Seller, along with NCND/IMFPA fully completed and signed by Buyer, Buyer Mandate and all Intermediaries and passed to Seller Side for completion.   

Upon receipt of these documents, we now know who we are dealing with and eliminate possible disputes as to commissions to be distributed.

Seller procedures vary with Refineries and Resellers and are generally not-negotiable so the Buyer’s ICPO should mirror the procedures as outlined in the Seller’s Soft Offer.   If the Buyer is in disagreement with the procedure offered, this should be addressed at this point to ensure that we aren’t delayed or stuffed around once we have tried to progress the Contract; such events usually result in the deal falling over after wasting everyone’s time.

The largest percentage of failures results from Buyer’s inability to finance the Contract.   There is a misconception by Brokers, wishing to on-sell the Oil, that a Contract can be back-to-back but this is impossible because the Broker/Buyer must first be able to show POF (Proof of Funds) to the Seller Bank to Bank even before Full POP is issued but his end buyer will not make his funds available until the first ship is loaded.

My advice is for the Broker to Joint Venture with his End Buyer whose details and banking becomes an integral part of the contract and they can then share in the profits derived – this will work.

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