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TENDER NO. KPC-24-50 LPG

Tender: No.: KPC-24-50

Invitation for Sale of LPG


Dear All;
Please be informed that, KPC (Khark Petrochemical Co) is willing to sell a Spot LPG cargo as per following terms and conditions. You are kindly requested to complete the following form and send only to tender@khipc.com.
Should you have any further inquiries, please feel free to contact us via email s.shahbakhsh@khipc.com or via the under sign +98 21 26132171

 


Quality    As per KPC guaranteed  Specifications


Quantity    20,000MT +/-10% (Propane 40%-Butane 60%) Sellers Option 


Delivery Term    FOB Kharg Island


Shipment Time    10 KMT During First Half March 2024
10 KMT During Second Half March 2024


Payment Terms    20 % by CASH in ADVANCE 2 days after issuance of PI and 80% remained before vessel berthing in Euro or AED to a nominated account out of Iran.
NOTE: if sales committee decide to make any changes on payment terms, it can be applied to above terms.


Loading Port    Kharg Island


Inspection    The Seller appoints his own inspector (IEI) at load port. If not accepted Buyer can assign any other international reputed   Inspector other than IEI at his own costs and expenses.



Vessels  particular
    Acceptable DWT:  7,000-44,000 MT
Max Acceptable Sailing Draft: 11.2 m
Acceptable LOA: 110-200 m
Pressurized vessels are not acceptable. Full refrigerated and Semi refrigerated shall be confirmed by KPC.


Note1: The nominated vessel shall be confirmed by Seller.


Guaranteed Loading Rate     200 MT/HR


Price Formula    Based on PlattsLPGaswire ( FOB )
Price Formula  = CP Loading Month + /-α
CP:  Saudi Aramco Contract Price mentioned under heading AG: Refrigerated published by Platts LPGaswire in the month of loading.
α = To be proposed by Bidder.


Vessel Nomination    The Vessel Particulars and Loading Laycan shall be provided along with proposals  (Form C should be attached)


Tender Validity    This Tender will be valid till Sunday 25-02-2024, offers received after the due time would be discarded. Your proposal shall remain valid until Wednesday 28-02-2024 (COB Tehran Time) for our verification.


 

Note   

•    Offers with incomplete information will not be deemed eligible for consideration.
•    Participants shall complete the company registration in KPC sales system through following link: https://khargpetrochemical.ir/index.aspx?&siteid=2&&siteid=1&pageid=260
•    KPC reserves the right to scrap the tender with no reasoning.
•    KPC reserves the right to accept or reject the offers provided by bidders
•    Week is defined to run from Monday to Sunday.
•    The nominated vessel shall be confirmed by Seller
•    The nominated vessel shall be confirmed by Seller


 

BUTANE

PRODUCT AT KHARG PETROCHEMICAL COMPANY


                  TEST                                         METHOD  ASTM           RESULTS


1– PROPANE & LIGHTER                                          D-2163                   4
    (MOLE %) MAX
2-TOTAL BUTANE (MOLE %) MIN                              D-2163                   96
3-TOTAL PENTANE & HEAVIER                                 D-2163                   2.2
   (MOLE %) MAX
4-SPECIFIC GRAVITY @   0F MAX                              D-2598                0-585
5 – CORROSION NUMBER                                         D-1838                   1-A
6 – VAPOUR PRESSURE (PSIG) @ 100 0F MAX            D-2598                  50
7 – HYDROGEN SULFIDE                                          D-2420            NEGATIVE    
8 – TOTAL SULPHUR (WT PPM) MAX                         D-6667                  30
9 – NON VOLATILE RESIDUE   VOL% MAX                  D-2158                  0.1



PROPANE

PRODUCT AT KHARG PETROCHEMICAL COMPANY



 
                  TEST                                    METHOD  ASTM                RESULTS

1- ETHANE & LIGHTER                                    D-2163                           3
    (MOLE %) MAX.
2- PROPANE (MOLE %) MIN.                            D-2163                         97
3-TOTAL BUTANE & HEAVIER                           D-2163                         3
 (MOLE %) MAX.D-2163   
4-SPECIFIC GRAVITY @   0F MAX                      D-2598                      0.510
5-COPPER CORROSION                                    D-1838                       1-A
6-VAPOUR PRESSURE (PSIG) @ 100 °F MAX.      D-2598                       200
7-HYDROGEN SULPHIDE (PPM) MAX.                 D-2420                 NEGATIVE
8-TOTAL SULPHUR (PPM)  MAX.                        D-6667                      30


 


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