SCO for Blacksville FOB (Origin: United States) — EN590, JetA1, D6, LNG, WTI

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SCO for Blacksville FOB — EN590, JetA1, D6, LNG, WTI

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All products on this page are:

  • Origin: United States
  • Port – Incoterm: FOB Houston/Rotterdam
  • Inspection: SGS or equivalent
  • Payment: MT-103/TT within 24 hours after a successful Dip Test
  • https://blacksvillepetroleum.com/

We inform you that we are ready, willing, and able to sell the following product/s:

EN590

Trial Lift ready to sell (included in the contract) 100,000 Metric Tons
Quantity Annual Contract Up to 200,000 Metric Tons per month with R&E
FOB Price $600/ $ 610
*Commissions included.

Jet A1

Trial Lift ready to sell (included in the contract) 500,000 barrels
Quantity Annual Contract Up to 1,000,000 barrels per month with R&E
FOB Price $78/ $ 80
*Commissions included.

D6

Trial Lift ready to sell (included in the contract) 50,000,000 Gallons
Quantity Annual Contract Up to 100,000,000 Gallons per month with R&E
FOB Price $0.90/ 0.85
*Commissions included.

LNG

Trial Lift ready to sell (included in the contract) 50,000 Metric Tons
Quantity Annual Contract Up to 100,000 Metric Tons per month with R&E
FOB Price TBD — Ask the day before issuing an ICPO
*Commissions included.

West Texas Intermediate (WTI)

Trial Lift ready to sell (included in the contract) 1,000,000 BBL Spot
Quantity Annual Contract 2,000,000 BBL with R&E
FOB Price USGC Platt +$1 per BBL seller closed $1 Buyer
*Commissions included. May 13, 2025 Platts price is US $63.80 per Barrel

TERMS AND CONDITIONS

  • Fuel Origin: United States
  • Inspection: SGS or Similar
  • Incoterms: FOB
  • Payment: Telegraphic Transfer (TT) / MT 103
  • Loading/Discharge Ports: Houston or Rotterdam (WTI available in Houston only)
  • Commissions: Sell Side is CLOSED for all products.
  • Maximum Trial Lifts: 2,000,000 Barrels; 200,000 Metric Tons; 200,000,000 Gallons
  • Fuel Availability: Fuels on this SCO are ALWAYS available. Your CI is the guarantee of an allocation.
  • Prices: Subject to change without notice.
  • Procedure: Seller’s Procedure Only, non-negotiable.
  • Contracts: Inquire about larger monthly contract amounts.

NOTE ON THE USE OF FIDUCIARY RECEIVERS

Sanction policies, along with their effects on International Banking practices, have dramatically affected the availability of funds when using foreign wire transfers. To facilitate timely transactions, our sellers will use regionally based fiduciary receivers rather than have funds sent directly to the refineries.

TANK TO TANK (TTT) TRANSACTION PROCEDURE

  1. Buyer issues and send irrevocable corporate purchase order (ICPO) with seller’s transaction procedure along with passport copy of the company representative. The buyer will also provide TSA to the seller.
  2. Seller issues Commercial Invoice (CI), Buyer sign CI and Return CI to seller.
  3. Seller releases Injection Programming Agreement (IPA) to Buyer for affirmation to program product injection with Buyer’s tank farm.
  4. Upon successful programming, Seller’s representative, SGS Team, and Buyer’s representative meets at seller tank storage for the tank and pipeline verification and Seller issues the hard copy POP documents to buyer representatives in person (Face to Face).
    • Quantity and Quality Certificate (SGS) 48hrs fresh
    • Tank Storage Receipt (TSR).
    • Product Passport (Dip Test Result).
    • Statement of Product Availability.
    • Refinery Commitment to Supply.
    • Authorization to SellCollect (ATSC) on Buyer’s name.
    • Authorization Letter to Verify the Product with the Tank Farm.
    • Company Registration Certificate.
  5. Upon successful verification of documents and SGS report by buyer’s team, buyer commence dip test in seller’s tank, if need be, for more confirmation.
  6. Upon confirmation of product Q&Q, Seller begins injection into buyer’s tank storage and all parties sign NCNDAIMFPA.
  7. The buyer makes payment by MT103 or TT wire transfer for the total product available.
  8. The seller changes the title of ownership to the buyer’s name and pays all intermediaries according to the signed NCNDAIMFPA for monthly deliveries and the buyer lifts the product.

Non-Circumvention, Non-Disclosure

All parties hereto irrevocably covenant not to circumvent any person or company, or entity involved in this transaction directly or indirectly, by any means or device or any manner whatsoever. It is further agreed and covenanted that this transaction shall in no way be divulged or revealed partially and wholly to any person or body outside the circumference of this transaction. This non-circumvention and non-disclosure shall be in accordance with the requirements of International Chamber of Commerce (ICC) Paris, France and shall remain valid and enforceable for the period of (5) five years from the date hereto.

Quality

An independent surveyor company will be employed to certify the quality of product at the Port of Loading for further verification/confirmation.

NOTE ON THE USE OF FIDUCIARY RECEIVERS

Sanction policies, along with their effects on International Banking practices, have dramatically affected the availability of funds when using foreign wire transfers. To facilitate timely transactions, our sellers will use regionally based fiduciary receivers rather than have funds sent directly to the refineries.

Procedures are like train tracks. If you stay on the rails, you get to your destination. If you go OFF them, you become a Train Wreck. Don’t be a Train Wreck!

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