Light Crude Oil (LCO) Supplier – CIF Worldwide

BE ADVISED:

Due Diligence and Confidentiality Requirement

Refinery identity, loading terminal information, and operational documentation are confidential and released strictly after execution of a Non-Circumvention Non-Disclosure Agreement (NCNDA).

Buyers must execute an ICC standard NCNDA, either:

  • Purchased directly through the International Chamber of Commerce (ICC) platform, or
  • Notarized by a recognized public notary.

Upon receipt and verification of the signed NCNDA, the Seller will immediately release the following for buyer due diligence:

  • Refinery name and mandate confirmation
  • Loading terminal details
  • Allocation documentation
  • Relevant operational contacts

This requirement ensures protection of all parties involved in the transaction and confirms that the buyer is proceeding in good faith under international commodity trading standards.

Only qualified buyers ready to proceed under these procedures will receive refinery disclosure and full documentation.

Reliable Supply of Light Crude Oil (LCO)

We work with verified refinery partners and deliver under secure international procedures with SGS inspection and bank instruments.

Product Overview

Product: Light Crude Oil (LCO)
Origin: Kazakhstan
Available Quantity: 500,000 – 5,000,000 Barrels per shipment
Delivery Terms: CIF – Any Safe World Port
Loading Ports:
Batumi, Jurong, Fujairah, Vladivostok, Rotterdam, Mersin, Houston

Inspection: SGS or equivalent international inspection company.

Insurance: 110% covered by Seller.

Price is determined according to Platts benchmark quotation for Light Crude Oil (LCO) at the time of shipment, with a negotiated discount (up to Platts minus 10%) depending on volume, contract duration, and buyer banking instrument.


Transaction Procedure

We offer two CIF transaction structures depending on buyer preference.

Option 1 – SPA Contract Procedure

  • Buyer issues ICPO with company details and banking information.

  • Seller issues Draft SPA for review.

  • SPA is signed and returned.

  • Seller provides soft POP documents.

  • Buyer issues SBLC MT760 or DLC MT700.

  • Seller issues 2% Performance Bond.

  • Shipment commences.

  • SGS inspection at destination port.

  • Buyer releases payment via MT103.

Option 2 – Trial Shipment Procedure (CPA)

  • Buyer issues ICPO.

  • Seller issues Commercial Invoice for trial shipment.

  • Seller provides soft POP documents.

  • Seller arranges vessel charter with international shipping company.

  • Seller, Buyer and Shipping Company sign Charter Party Agreement (CPA).

  • CPA charter cost shared 50/50 for first shipment.

  • Buyer issues SBLC or DLC.

  • Shipment proceeds.

  • SGS inspection at destination port.

  • Payment released via MT103.

Compliance and Documentation

All transactions are conducted in accordance with international commodity trading standards.

Documentation may include:

  • Certificate of Origin

  • Product Passport

  • Export License

  • Allocation Certificate

  • Tank Receipt

  • Injection Report

  • Charter Party Agreement

Refinery identity and loading terminal details are disclosed after NCNDA / IMFPA execution between intermediaries.

Contact for Purchase Inquiries

Qualified buyers may request a Full Corporate Offer (FCO) by submitting company details.

Buyer Qualification Requirement

To proceed with a transaction and receive a Full Corporate Offer (FCO) and refinery disclosure, interested buyers must first submit the following documents:

  • Letter of Intent (LOI) on the buyer’s official company letterhead indicating product, quantity, delivery port, and preferred terms.
  • Client Information Sheet (CIS) providing company registration details, banking information, and authorized representative contact details.

These documents are required to confirm that the buyer is ready, willing, and able to proceed with international commodity transactions.

Upon verification of the LOI and CIS, qualified buyers will receive:

  • The official Full Corporate Offer (FCO)
  • Applicable transaction procedures
  • Instructions for ICC NCNDA execution for refinery disclosure and due diligence.

TNCI Import Export

Authorized Representative

Request SCO / FCO