Heavy Oil CIF ports of China in September 2022

RUSSIA - CHINA TRADE CORPORATION informs its customers about changes in prices from September 03, 2022 of heavy oil on CIF ports of China terms with the following characteristics: 

Indicators of heavy oil:

API Gravity = 16,5

Specific gravity 60/60 deg F = 0,9558

Sulfur = 2.62

Origin: Russian Federation - Venezuela 

The selling price of heavy oil on terms CIF port of Fangchenggang = by inquiry CNY / barrel

Prices of heavy oil on terms CIF port of Guangzhou China = $ by inquiry / barrel

The selling price of heavy oil on terms CIF Qingdao China = $ by inquiry / barrel

Prices of heavy oil on terms CIF Shenzhen China = by inquiry CNY / barrel

Available for sale: 250,000 barrel / vessel

Own oil tankers: Handymax (35,000) , Suezmax, Malaccamax.

Minimum order: 35,000 MT

Payments terms: only L/C at sight, non-transferable, covered.

Negotiable payment terms (in renminbi !)

All obligatory permissions, protocols and documents are available.

Accreditation & licenses for China is available!

Prices and quantity of heavy oil valid from September 03, 2022.