شرایط عمومی

1-Minimum purchase volume (LOT size): 35,000 bbls

2-The destination for purchased crude oil is limitless and export to all countries except the occupied territories of Palestine is allowed.

3-Payment/settlement procedure can be done in 3 ways:

- Conditional

-20% of cargo’s value in Iranian Rial by full cash
-80% of cargo’s value in US dollar or other foreign currencies through credit procedure
 

- Full cash in Iranian Rial

- 6% of order’s value in cash and rest of parts can be paid out of clearance

4-Buyer should deposit 6% of order’s value in  accounts announced by CSDI in Iranian Rial or in accounts announced by NIOC out of clearance of CSDI, before the start of supply trading date.

5-The exchange rate is based on the average daily sale and purchase price of USD on the SANA website. (SANA exchange rate quoted on  www.sanarate.ir)

6-Purchase by all domestic and foreign companies is unrestricted.

7-Upon the request of Buyer and subject to the approval of NIOC, crude oil can be delivered on land from the Tabriz Refinery crude oil reservoirs and gas condensate can be delivered on land from Bandar Abbas oil products storage tanks.

2019-03-17T10:48:25+03:30
Five new measures Announced to facilitate the supply of crude oil and gas condensate in IRENEX

TEHRAN (NIOC) _ Representative of the National Iranian Oil Company on the Energy Exchange announced the creation of a new facility for the supply of crude oil and gas condensate in the Energy Exchange.


Amir Hossein Tebyanian, in an interview with the NIOC correspondent, announced that he had obtained permits to create new facilities for the supply of crude oil and gas condensate in the Energy Exchange, saying: After reviewing and receiving feedback from customers in the past two months, five new facilities for supply in Stock Energy have been considered.

Referring to the announcement that prepaid deposit was possible in the form of a Rial, he added: "On this basis, it is possible to deposit a 6% advance payment in foreign currency."

Tebyanian said: To clear the remaining balance of the goods, buyers can use currency mechanisms approved by NIOC; in this case, settling out of the stock exchange.

He added that the time period for delivery of goods has increased, adding that buyers can take delivery of up to 4 months after the transaction.

Pointing out the cargo delivery in Kharg, Tebyanian added: "Delivery of cargo in other areas is subject to the approval of NIOC.

According to the representative of NIOC in the Energy Exchange, on request of buyers, it is possible to deliver land shipment from the oil reservoirs of the Tabriz refinery.

NIOC will offer the 7th round (the last round in the current Iranian calendar year) of crude oil supply on Monday (March 18th) at Iran Energy Exchange (IRENEX).

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