Export Blend Crude — cargoes from 10,000 to 3,000,000 BBL
PetroGlobal Group supplies export-grade blended crude oil on CIF and FOB terms, from trial parcels to VLCC-scale term programs, with SGS/CIQ inspection and full assay documentation on every lifting.
Prices are gross, indicative and quoted in USD. Firm pricing, discounts and commissions are confirmed in the FCO for each transaction.
What is Export Blend Crude?
Export Blend Crude is a blended crude-oil stream prepared to a consistent export specification, giving refiners a predictable barrel from cargo to cargo. Typical export blends run medium gravity and sour — around 31–33° API with 1.2–1.4% sulphur — which suits refineries configured with desulphurization capacity. The full assay for the offered stream is provided at the FCO stage so your refinery planning team can evaluate yields before contract.
Typical assay parameters
| Parameter | Typical value |
|---|---|
| API gravity | ≈ 31 – 33° |
| Sulphur content | ≈ 1.2 – 1.4 % mass |
| Density at 15 °C | ≈ 860 – 875 kg/m³ |
| Water content | ≤ 0.5 % vol |
| Salt content | Within export pipeline spec |
Values are indicative of a medium sour export blend; the contractual assay is attached to the FCO and verified by SGS/CIQ at loading.
Supply & delivery terms
- Delivery basis: CIF to any safe world port or FOB at the loading terminal; vessels from Handysize to VLCC per parcel size and discharge draft.
- Contract structure: trial parcels from 10,000 BBL; 12-month term programs up to 3,000,000 BBL per month.
- Pricing basis: firm price fixed in the FCO, typically referenced to the relevant benchmark at contract date.
- Frequent discharge regions: Southeast and East Asia, Oceania, the Middle East, Europe and Africa.
- Payment: DLC, SBLC or MT103 per the SPA; POP presented bank-to-bank.
Logistics & documentation
Tankers from Handysize to VLCC are nominated per parcel size and discharge draft, with laycans fixed in the SPA and lightering arranged where port limits require.
Every cargo travels with a complete document set presented through the banks:
- Commercial invoice and full set of bills of lading
- SGS or CIQ certificates of quantity and quality
- Certificate of origin
- Ullage / tank inspection reports from loading
- Insurance certificate on CIF cargoes
How a transaction works
Crude follows our standard documented sequence — ICPO → SCO → FCO (with assay) → SPA → POP against payment instrument → loading under SGS/CIQ → delivery CIF or FOB. The mechanics of each step are explained in the trading procedure guide.
Frequently asked questions
What is Export Blend Crude?
A blended crude-oil stream prepared to a consistent export specification — typically a medium-gravity, sour barrel around 31–33° API with roughly 1.2–1.4% sulphur — suitable for refineries configured for medium sour crude.
What quantities are available?
From 10,000 BBL trial parcels to 3,000,000 BBL per month on term contracts, loaded on tankers from Handysize up to VLCC depending on the discharge port.
What is the crude price per barrel?
Gross indicative pricing is USD 86 per barrel CIF and USD 84 per barrel FOB. Firm pricing is set in the FCO, typically referenced against the relevant benchmark at contract date.
How is the cargo verified?
SGS or CIQ performs quantity and quality inspection at the loading port at the seller's expense; the assay and certificates are presented bank-to-bank with the shipping documents.
How do I start a crude purchase?
Issue an ICPO with your refinery or storage details, monthly quantity and delivery basis via the quotation form. An SCO follows within 24 hours on business days.
Also traded
Industrial gasoil, 10,000 – 1,000,000 MT / month.
Aviation turbine fuel, 500,000 – 5,000,000 BBL / month.
LNG cargoes, 100,000 – 400,000 MT / month.
Request a crude quotation
Send your quantity and delivery basis — SCO within 24 hours.