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Frequently Asked Questions

An oil and gas broker connects verified buyers and sellers of petroleum products like Jet Fuel A1, EN590 diesel, crude oil, and LNG. We facilitate transactions, negotiate pricing and terms, ensure due diligence, and streamline logistics to help both parties execute secure, compliant deals.


No, we are not the seller. We work as intermediaries or mandates with vetted relationships to refineries, title holders, or allocation holders. Our role is to ensure the transaction flows smoothly between Supplier & Buyer.


Yes, once the buyer submits a valid LOI (Letter of Intent) or ICPO (Irrevocable Corporate Purchase Order), we can initiate the process and provide a Soft Offer from the Supplier—provided all vetting and documentation is in order.


Typically, buyers need to submit an LOI or ICPO, company registration documents, buyer profile (KYC), and financial capability proof such as a BCL or RWA. Sellers or mandates will need to share product specs, procedures, and pricing.


We broker a range of petroleum products including: Jet Fuel A1, EN590 10ppm diesel, D2, D6, LNG, LPG, Mazut, AVIATION KEROSENE COLONIAL GRADE “54”, PETROLEUM COKE, BITUMEN 60/70, BLOC, and Light Crude Oil. Product availability varies based on market conditions and logistics.


Our global supplier network spans major refinery hubs including:  

🇺🇸 USA, 🇦🇪 UAE, 🇸🇦 Saudi Arabia, 🇷🇴 Romania, 🇰🇿 Kazakhstan,🇴🇲 Oman, 🇳🇱 Netherlands, 🇶🇦 Qatar, 🇹🇷 Turkey, 🇷🇺 Russia, 🇿🇦Africa, 🇸🇬 Singapore, Rotterdam, Houston, Fujairah, and key ports in Asia and Africa. Exact origin depends on the product and the buyer’s logistics preferences.


We typically operate under signed NCNDA/IMFPA agreements to ensure transparency and fair compensation for all involved brokers.


We perform due diligence using corporate documents, compliance checks (KYC/AML), and past transaction references. Our vetting process helps filter out time-wasters and ensures only credible parties enter negotiation.


Depending on product availability and buyer readiness, a transaction can take anywhere from a few days to several weeks. The timeline is heavily influenced by the speed of documentation, financial instruments, and inspection logistics.


Yes. We work with freight forwarders, shipping agents, and inspection firms to arrange end-to-end logistics—whether the deal is CIF (Cost, Insurance, Freight) or FOB (Free on Board). Every step is aligned with the buyer’s delivery terms.


CIF (Cost, Insurance, and Freight) means the seller covers all costs until the product arrives at the buyer’s port. FOB (Free on Board) means the buyer takes responsibility once the goods are loaded at the departure port. Most buyers prefer CIF for convenience.


  • Buyer sends LOI/ICPO
     
  • Seller issues SCO or FCO
     
  • Buyer confirms via BCL/RWA (Bank Comfort Letter)
     
  • SPA (Sales Purchase Agreement) is signed
     
  • POP and logistics documents are shared (Proof of Product)
     
  • Inspection (SGS or equivalent)
     
  • Delivery and payment
    Each step requires verified documentation and secure communication.


An NCNDA (Non-Circumvention, Non-Disclosure Agreement) protects all parties involved from being bypassed. An IMFPA (Irrevocable Master Fee Protection Agreement) outlines how intermediary commissions are paid. Both are essential in multi-party brokered deals.


Most transactions are conducted via MT103/23, LC (Letter of Credit), or SBLC (Standby Letter of Credit). These secure financial instruments are issued by top-tier banks and protect both buyer and seller.


We facilitate both. Spot transactions are one-time deals with immediate delivery, while long-term contracts (12 months or more) offer consistent supply and often better pricing structures.


  • Vague documentation
     
  • Free email accounts (e.g., Gmail, Yahoo)
     
  • Reluctance to submit compliance documents
     
  • Unrealistic pricing demands
     
  • No verifiable company website or office address


Through independent third-party inspections (SGS, Bureau Veritas, or Intertek) conducted at loading and/or discharge ports. These tests confirm that the product matches contractual specifications.


We regularly transact through Ports of: Rotterdam/Netherlands, Houston/USA, Fujairah/UAE, Jurong/Singapore, Zhoushan & Huizhou, China, Antwerp, Belgium, Vopak Terminal, Hamburg, Germany, Tianjin, China, Durban, South Africa, Santos, Brazil, Algeciras, Spain, Istanbul, Turkey, and other major shipping hubs depending on product and availability.


We do not engage with sanctioned entities or blacklisted jurisdictions. All clients are subject to AML (Anti-Money Laundering), OFAC, and KYC checks. Compliance is non-negotiable.


Yes. We work with private equity, legal teams, and operational partners to help structure joint ventures, refinery direct supply chains, or bulk off-take agreements. These deals are complex but can yield high ROI when structured properly.


A mandate has a direct agreement with the Buyer or Supplier, and can legally represent them in transactions. An intermediary is a connector without legal authority but may still play a vital role in facilitating the deal.


Commission is typically split as per the IMFPA agreement, with allocations for buyer-side and seller-side brokers. It's crucial that everyone is transparent about their position to avoid disputes and ensure proper payout.


A TTM is a face-to-face or virtual meeting between buyer and seller (and sometimes mandates), often to finalize SPA terms, review documents, verify proof of product (POP), and confirm payment methods before closing.


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