Invitation for Sale of LPG

Dear All;

Please be informed that, KPC (Khark Petrochemical Co) is willing to sell LPG 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____________________________-10-20 KT+/-10% at sellers option __Propane 30% / Butane 70%
Note: In the event that the applicants request for loading ratios deviates from the seller declared ratio,it will subject to review.

Delivery Term________________________FOB Kharg Island

Shipment Time______________________-October 2023

Payment Terms______________________10 % by CASH in ADVANCE 2 days after issuance of PI and 90% remained before vessel berthing in USD/EUR 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"s appoint 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.

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 details of the vessel, including its specification and loading schedule must be submitted together with the proposal. Failure to do so will result in rejection of the offer.(Form C and Q88 should be attached)

Note :The Nominated Vessel shall be confirmed by the seller.

Tender Validity    This Tender will be valid by End of Tuesday 26-09-2023, offers received after the due time would be discarded. Your proposal shall remain valid by end of Friday 29-09-2023.

Notes

•    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=2&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.

•    Companies that win the tender and fail to execute the cargo loading will incur a penalty amounting to 1% of the contract value.

                                                                                                                                   BUTANE
                                                                                               PRODUCT AT KHARG PETROCHEMICAL COMPANY
 
                  TEST                                                       METHOD  ASTM                         RESULTS

1– PROPANE & LIGHTER   (MOLE %) MAX                        D-2163                                      4

2-TOTAL BUTANE (MOLE %) MIN                                     D-2163                                     96

3-TOTAL PENTANE & HEAVIER    (MOLE %) MAX               D-2163                                     2.2  

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    (MOLE %) MAX.                                D-2163                                        3

2- PROPANE (MOLE %) MIN.                                                  D-2163                                      97

3-TOTAL BUTANE & HEAVIER    (MOLE %) MAX.D-2163            D-2163                                        3  

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