Introduction

Gas Oil NIOC 
Gas oil , Origin Iran, ,Density 820-860 kg/m3, Sulphur 0.7-1 %, Pour point 3max, Flash point min 54
Gasoil origin Iran for export to all countries for use in diesel engins in Trucks and electric power genrators
Gas oil Iran
Gasoil Iran
Gas oil NIOC
Export gas oil with FOB term BandarAbbas or Mahshar ports by NIOC
Price of gas oil is valid at the date of offer.

Option A: Deal with a trading company with LC out of Iran
Payment term: LC at sight against shipping documents out of Iran
Delivery term: FOB Iran ports, delivery in destination is acceptable by adding shipping cost
Price: PG PLATTS MINUS 2 USD/BBL FOB Iran ports 
Documents: Origin None Iranian 
Procedure to buy gas oil:
1- LOI for OPAP as consulting company confirming deal terms, Price(discount) and procedure
2- Providing all documents:  Passport copy, Fund proof, A bl or inspection report with the name of buyer 
3- OPAP makes offer after negotiation with the seller
4-The buyer applies for buying obligation and puts  1USD/MT in exchange shop and makes obligation to buy with agreed terms
4- The seller issues proforma for first shipment
6- The buyer proceed for issuing LC 
Please issue your LOI +Resume to OPAP confirming all terms and procedure.


Option B: Main Terms and conditions to buy oil products from NIOC:

1- Product : Gas oil
2- Origin Iran
3- Specification as attached sheet with 1% sulphur 
4- Packing of gas oil : Bulk shipment in bulk tanker vessels
5- Delivery term : FOB Iran ports
6- Price of gas oil : According to price formula by NIOC for gas oil which based on price of gas oil in Persian Gulf (Dubai Platts) Platts with a discount applied by the seller
   Price of gas oil is minus 5 USD/BBL FOB BandarAbbas port
   Price of gas oil is 59 USD/BBL FOB BandarAbbas port
   Price of gas oil is 436.6 USD/MT FOB BandarAbbas port
7- Payment for gas oil: 100% of the value of each shipment in advance to the account of the seller out of Iran in USD currency
   10% against proforma invoice and 90% before loading
8- Performance bond guarantee: 5% of payment will be used as PBG in case the buyer fails to make shipment in due dates
9- Shipping Time: 40-60 Days after the date of contract

Documents need for Registration with NIOC :
1- LOI to NIOC 
2- Papers of establishing of the company showing right for signature
3- Resume showing past deals on oil products
4- Fund proof from a prime bank
5- Passport copy

Procedure of buying gas oil from NIOC:
1- LOI for OPAP as consulting company confirming deal terms with NIOC
2- Providing all documents requested above
3- Applying for buying obligation and applying buying guarantee
4- Considering resume and fund proof and papers by NIOC 
5- Issuing proforma for first shipment
6- Advance payment to the seller`s account and making deposit for commission 

Please issue your LOI +Resume to OPAP confirming all terms and procedure.

Specification of Gas Oil NIOC