We take pride in assuring to end-sellers that buyers coming through this platform are fully vetted, and able to consummate a transaction with our validated Sellers. Our approach is to be engaged in every aspect of the buy/sell process to allow the sale and delivery of fuels in an efficient and expedited manner.
Buyer Due Diligence
In order to become a Qualified Buyer, the applicant needs to undergo a due diligence carried out by our internal compliance team on the buyer and his company, its financial and trading track records and its current ability to purchase, store, and transport fuel.
The procedure to become a registered Qualified Buyer:
Buyers constantly endeavor to explore and expand their supply base. They want the most competitive price, uncompromised product quality and extremely efficient and flawless service. Global Oil and Gas Trading seeks to provide its clients (both buyers as well as sellers) a fair, trustworthy, efficient and professional platform. Be it alacrity, transparency, uprightness, competitiveness, and ease of doing business, there is no need to look any further. We are exemplary in what we do and our clients rarely find any reason to complain.
Based on the initial information the client provides us through our online submission forms, one of our highly proficient staff will quickly determine the best move forward considering the client's specific requirements, contact the client personally, and will assist in getting started with the best suited counterpart. We service qualified buyers and/or sellers who are serious about expanding their international trade transactions.
For best long term results, we encourage clients to establish mutually beneficial mandate relationship with us.
Clients can take great advantage of our expertise in sourcing commodities, products and services and get rid of the never ending stress of finding genuine buyers or sellers and let our professional team work for them. We make sure that all offers made through this platform are genuine and the products are of the highest world standard.
We welcome the opportunity to put our resources and expertise to work for you. Please contact us, should you have any questions.
Transaction procedures vary from client to client and it is always extremely difficult to get both buyer as well as seller agree to any one set of transaction procedures.
This Platform does not participate directly in any of the sale or purchase transaction between traders. However, as a facilitator of any deal transacted through this Platform, the management tries hard to put in place a mutually acceptable transaction procedure between clients on a case to case basis.
Whereas it is mandatory for all clients (buyers as well as sellers) to submit their own set of transaction procedure while submitting their specific buy or sell offers, The Platform management intervenes to make certain clients drop clauses which inevitably leads to any kind of upfront payment. We are listing a few examples below:
Please read our ideal transaction procedures for FOB, CIF, and Spot (Dip & Pay) transactions.
Jet fuel, Aviation Turbine Fuel (ATF), or Avtur is a type of fuel designed for use in aircraft powered by gas-turbine engines. It is clear to straw-coloured in appearance. The most commonly used fuels for commercial aviation are Jet A and Jet A-1 which are produced to a standardized international specification. During the refining process only 8% of the crude oil is made up of Jet fuel.
D2 is a refinery abbreviation for Gasoil. It is the second distillate from the crude oil, and can be used without reformers and additives. The principal difference between GASOIL and D2 is the content of sulphur. ISO has a standard for D2 that most of oil companies use as their reference.
The EN 590 had been introduced along with the European emission standards. With each of its revisions the EN 590 had been adapted to lower the sulphur content of diesel fuel - since 2007 this is called ultra low sulphur diesel as the former function of sulphur as a lubricant is absent
D6 is also be known as Residual Fuel Oil and is of high-viscosity. This fuel oil requires preheating to 220 – 260 Degrees Fahrenheit. D6 is mostly used for generators. D6 is a type of residual fuel, mainly used in power plants and larger ships. The fuel requires to be preheated before it can be used.
Liquefied Natural Gas (LNG) is natural gas, cooled to minus 161°C until it becomes a liquid. It is stored under atmospheric pressure and reduced in volume by the ratio of 1:600. It is easier and less costly to transport, particularly where access to pipelines is not available.
The TS-1 jet fuel grade is intended for use in subsonic aircraft.
Its physical, chemical, and performance specifications meet the requirements of Russia’s latest industry standard edition (GOST 10227).
Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. A type of fossil fuel, crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, which means that it can't be replaced naturally
IFO 380 - Intermediate fuel oil with a maximum viscosity of 380 centistokes (<3.5% sulphur)
IFO 180 - Intermediate fuel oil with a maximum viscosity of 180 centistokes (<3.5% sulphur)
LS 380 - Low-sulphur (<1.0%) intermediate fuel oil with a maximum viscosity of 380 centistokes
LS 180 - Low-sulphur (<1.0%) intermediate fuel oil with a maximum viscosity of 180 centistokes
Canada to lose 12500 oil & gas jobs in 2019
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Sector-48, Sohna Road, Gurgaon, HR 122018, IN
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