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=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.
• 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