Arabian Light Crude Oil (SLCO) from Saudi Arabia. Primary ARAMCO allocation. Up to 10mill/bbl per month. Contract shall be effective for 12 consecutive month with possible rolls and extensions. Refinery ARAMCO registration number is a must. Quality Saudi ARAMCO Standard Export. Inspection by SGS or SAYBOLT at the port of loading. Delivery FOB basis at the Saudi port of Ras Tanura. CIF also possible. Price of Crude Oil will be based on 3-day average wrap of Dubai/Oman Platt, less NET discount to Buyer/Refinery. Payment by fully Irrevocable, Revolving, Confirmable Documentary Letter of Credit (DLC) by Top World Bank payable to ARAMCO.
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