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Denman,Vancouver,British Columbia,Canada

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Iran Light Crude Oil

Country:

Canada

Model No:

FOB Price:

35 ~ 80 / Barrel ( Negotiable ) (Negotiable) Get Latest Price

Place of Origin:

Price for Minimum Order:

35 per Barrel

Minimum Order Quantity:

1000000 Barrel

Packaging Detail:

Bulk in Tanker

Delivery Time:

FOB

Supplying Ability:

20000000 Barrel per Year

Payment Type:

Other, L/C, T/T

Product Group :

Iran Crude Oil

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Product Specification

Brand Name : Iran Crude Oil Type : Iran Light Crude Oil Application : Base Oil Grade : Brent Blend Chemical Composition : -

Color : Black

Product Description

Phase 1: Buyer submits these documents to the broker:

- LOI (Letter of Intent) describing details of the order including: timing, tonnage, grade, tanker…

- Original Q*8 document of the tanker

Communication is started by the broker to get the best possible price based on the buyers region, requested tonnage, and the grade of the desired product. Meanwhile the oil company starts to check the background and credit of the buyer based on the submitted BCL.

Phase 3: Buyer and the broker will exchange two agreements based on the contract:

- IMFPA (Irrevocable Master Fee Protection Agreement) including the commission margin

After direct exchanging of the contract between the buyer and the oil company, the executive process will be started and the buyer proceeds to payment of the order to the Oil Company in term of CAD or COD or L/C . At the same time the commission of the broker will be paid to him by the buyer based on the agreed commission on IMFPA