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    Till 20 March 2024

Note:April loading Laycan wont be considered.

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 11 Am (Tehran Time) on Tuesday 05-03-2024 , offers received after the due time would be discarded. Your proposal shall remain valid until Thursday 07-03-2024 (COB Tehran Time) for our verification.

Note   

•    Offers with incomplete information will not be deemed eligible for consideration.
•    All Proposals should be send through company/official email address.
•    Participants shall complete the company registration in KPC sales system through following link: https://khargpetrochemical.ir/index.aspx?&siteid=2&&siteid=2&pageid=273
•    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

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