"The threat of disruptions to Iraqi oil supply still looms large and this has affected the oil price in recent weeks but the premium has now been built in to the price."
Meanwhile, here in the US, we have an updated LNG offer with specs:
Below, you will find the LNG offer with specs from a USA seller. We represent the seller as their authorized fuel mandate. The offer is sold and invoiced weekly by the gallon only and seller does not provide the conversion from gallon to Metric Ton or MMBTU. Seller will deliver the fuel to any LNG port in the USA, by truck. It is the responsibility of the buyer to transport from the US port to his desired destination.
Seller does not issue formal SCO's or FCO's
*Terms are not negotiable.
Commodity : LNG
Quantity: 3,000,000 gallon per week (buyer pays weekly invoices)
LNG Origin: USA
Contract: 10 to 20 years
Price: $1.23 net / $1.28 gross USD per gallon
Inspection: SGS or equivalent
Payment: MT103 for first lift
Delivery Locations: USA, Canada or Mexico
Commission: 2 1/2 cents to the sell side (closed), paid by seller
2 1/2 cents to buy side, paid by buyer
P R O C E D U R E: (reference #CG0501):
1. FOR APPROVAL, BUYER MUST FOLLOW PROCEDURES:
a. CORPORATE PROFILE OF BUYER and / or WEBSITE
b. SELLER MANDATE HAS One-On-One, CALL WITH BUYER or his LEGAL MANDATE to DISCUSS LOGISTICS & DETAILS
c. BUYER PROVIDES BANK NAME to MANDATE, not through brokers
* Please Note....Buyers who are not recognized in the industry may be required to provide trade reference letters.
2. AFTER APPROVAL, SELLER ISSUES TO BUYER, COMMERCIAL INVOICE (CI) & CONTRACT
3. BUYER REVIEWS and RETURNS SIGNED CI with CONTRACT
4. BUYER VERIFIES LIFT, PAYS VIA SWIFT MT103 within 48 hours and ISSUES RDLC for REMAINING TERM of CONTRACT,
5. TITLE IS TRANSFERRED TO BUYER, UPON CONFIRMATION OF PAYMENT
L N G S P E C S (Analysis)
Date-Time: 04/23/14 14:31 Analysis Time: 515 Cycle Time: 530
Stream: 2 DEMETH OVHD Mode: ANLY Cycle Start Time: 14:22
Analyzer: Needle Mtn. Strm Seq:2,4,2,3,4,1,3,4,1,4
Component Mole BTU Relative
Name Percent Gross Density
C6+ 50/50/00 0.0000 0.00 0.0000
PROPANE 0.0550 1.39 0.0008
i-BUTANE 51.4 PPM 0.17 0.0001
n-BUTANE 41.2 PPM 0.13 0.0001
i-PENTANE 19.7 PPM 0.08 0.0000
n-PENTANE 0.0000 0.00 0.0000
NITROGEN 0.2734 0.00 0.0026
METHANE 98.3763 995.90 0.5449
CARBON DIOXIDE 0.0000 0.00 0.0000
ETHANE 1.2841 22.78 0.0133
TOTALS 100.0000 1020.45 0.5620
'*' indicates user-defined components
Compressibility Factor (1/Z) @ 14.73000 PSIA & 60.0 DEG.F= 1.00203
Base Pressures 14.73000
----------------------------------------------------------
Gross Dry BTU = 1022.52 Corrected/Z
Gross SAT BTU = 1004.72 Corrected/Z
Real Relative Density Gas = 0.5629
Real Relative Density Lqd = 0.3023
Unnormalized Mole Percent = 100.171
Gas Density = 43.058 lb/1000 cu.ft. at 14.73 PSIA and 60 Deg.F
Liquid Density = 2.519 lb/gal
Analog Inputs
Label Value
1,2,3 0.00000
0 0.00000
0 0.00000
*This offer is intended for direct buyers only.
Email zerocoupons@gmail.com if you are a buyer or the buyer's mandate.
