KPC-23-38

Dear All;
Please be informed that, KPC (Khark Petrochemical Co) is willing to sell a contractual Naphtha(C5+) 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 2126132171

Quality    As per KPC guaranteed  Specifications

Quantity    80,000 MT +/-10%MT  Sellers Option

Delivery Term    FOB Kharg Island

First Shipment Time    Second Half November 2023

Cargo size    10-20 KT

Payment Terms    10 % by CASH in ADVANCE 2 days after issuance of PI and 90% remained before vessel arrival/berthing at load port in USD, 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"s appoint his own inspector (IEI) at load port. Buyer can assign any other international reputed   Inspector other than IEI at his own costs and expenses.

Vessels  particular    Max Acceptable DWT: Max 44,000 MT
Max Acceptable Sailing Draft: 11.2 mAcceptable LOA: 110-200 mAcceptable Beam: 24-28 m

Note: The nominated vessel shall be confirmed by Seller

Guaranteed  Loading Rate     300 MT/Hr

Price Formula    Price Formula: A + /-aA=Average of mean of Platts (Asia-Pacific/Persian Gulf Market scan) under heading of Middle East physical oil assessments quotes with pricing dates: Five consecutive quotes centered around Bill of Lading date.

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 end of Friday 03-11-2023, offers received after the due time would be discarded. Your proposal shall remain valid until our verification and obtaining board approvals.

Note   

•    Offers with incomplete information will not be deemed eligible for consideration.
•    Participants shall be completed 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

NAPHTA

PRODUCT AT KHARK PETROCHEMICAL COMPANY

TEST                                                       ASTM METHOD                             RESULTS
1 – DENSITY @ 15 0C                                   D- 4052                                      0.64-0.67
2 – COPPER CORROSION                             D-130                                         1 a
3 – TOTAL SULPHUR (MAX PPM)                   D-5453                                        300
4 – LEAD CONTENT (MAX PPB)                     IP-224                                         40
5 – IBP (MIN 0C)                                           D-86                                            30
6 – FBP (MAX 0C)                                          D-86                                            160
7 – PARAFIN (MIN VOL %)                           D-5134                                         84
8 – OLEFIN (MAX VOL %)                             D-5134                                         1
9 – NAPHTHENE (MAX VOL %)                      D-5134                                        10
10 – AROMATIC (MAX VOL %)                      D-5134                                         BALANCE
11-DOCTOR TEST                                          IP-30                                          +VE
12 – RVP (MAX PSIA)                                     D-323                                          14
13 – COLOR MIN                                            D-156                                         +25

Noted :  Offer Should be Submitted based on above spec, no other items are guaranteed & acceptable .