شرایط عمومی
  1. Applicants must deposit 6% of the order’s value as a prepayment in Iranian Rial or foreign currencies before the start of trading.
  2. Regarding the qualification of participants, being capable of paying the prepayment in clause 1 is the only qualification criterion and purchase by all domestic and foreign companies is unrestricted.
  3. The destination for purchased crude oil is limitless and export to all countries except the occupied territories of Palestine is allowed.
  4. Minimum cargo size for sea delivery is 35,000 bbl and for land delivery is 1,000 bbl
  5. Delivery period will end latest by 90 days after the trading date and Buyer is obliged to lift the cargo within this period according to the procedure mentioned in supply announcement.
  6. For payment/settlement, a provisional invoice will be issued in Iranian Rial or US Dollar format with a value equal to 100 percent of the cargo value, ten days prior to the first day of cargo loading date range. The Buyer is obliged to pay this provisional invoice in cash or through credit procedure into the bank account declared by CSDI or NIOC out of clearance of CSDI.
  7. In case of credit settlement, Buyer(s) must clear the cargo value based in the agreed method latest by 90 calendar days after cargo loading-B/L date.
  8. Delivery type and point in case of sea delivery is FOB Kharg terminal or via ship to ship operation, in case of land delivery for crude oil is the oil tanks of Tabriz Refinery and for gas condensates is the oil tanks of the Persian Gulf Star Refinery

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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