KONAN TechnologiesKTECH Energies
Crude Oil
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Crude Oil

Unrefined petroleum sourced from major producing regions and priced against international benchmarks such as Dated Brent, WTI and Dubai. We facilitate spot and term cargoes of light, medium and heavy grades — sweet and sour — including Basrah Light, Bonny Light and D6 virgin fuel oil. Grades are classified by API gravity and sulfur content, which together determine refinery yield and value; every cargo is verified by independent inspection at the loadport.

API Gravity28 - 45
Sulfur Content0.3% - 3.5%
ClassificationLight / Medium / Heavy · Sweet / Sour
Pricing BasisDated Brent / WTI / Dubai
VesselsAframax / Suezmax / VLCC
StandardASTM D4057
InspectionIndependent inspection at loadport
  • Refinery feedstock
  • Petrochemical production
  • Fuel oil and bitumen production
  • Lubricant base stocks
  • Strategic reserves

How a Crude deal flows

01

LOI / ICPO

Buyer submits formal letter of intent with target spec and quantity.

02

KYC

Both parties verified — corporate docs, banking capacity, product ownership.

03

SCO

Soft Corporate Offer issued with price, delivery terms, and payment instrument.

04

SPA

Sales & Purchase Agreement signed; payment instrument activated.

05

Delivery

Loading inspection, ETA confirmed, discharge per agreed incoterm.