SOMO Basra Light Crude Oil
A buyer in China is looking for SOMO Basra Light Crude Oil (6000000 - 10000000 Barrel/Barrels). Payment terms asked: DLC(MT799) or BG&LC(MT700) or SBLC(MT760) or TT(MT103) at Destination Port and seller's Past proof of Inspection report. Posted on 19 June 2025.
Quote now uses 1 lead credit and unlocks this buyer's company name, contact person, email, phone numbers and address.
- Posted on 19 Jun 2025
- DescriptionQty: trial 6M bbls and 10MT bbl per month X12month Origin: IRAQ,Trial 6M BBL and 10MT BBL monthlyx12month in USD per bbl or MT Included buyer side commission CIF Qingdao Port Hope to get your offer and seller's past proof of Inspection report forproceedin
- Shipping terms
- Payment terms DLC(MT799) or BG&LC(MT700) or SBLC(MT760) or TT(MT103) at Destination Port and seller's Past proof of Inspection report
- Packaging termsNot-available
- Destination portNot-available
Quote helper · for sellers · updated 5 Nov 2026
Facts to price your offer
China charges 0% import duty under HS 2709.00.
Import duty in China
0%
Paid by the buyer on arrival; not part of an FOB price. MFN rate, HS 2709.00, 2023.
Buyer's currency
6.6723 CNY per US$
European Central Bank, 4 Nov 2026.
China's crude oil (brent) imports, 2025
US$295,447M
UN Comtrade, HS 2709.
When to reach the buyer
GMT+6 to GMT+8
China has 2 time zones; ask the buyer's city. Next public holiday in China: 1 Jan 2027 (New Year's Day). Nager.Date.
A complete offer for this buyer covers
- Grade and specification
- Price per unit, Incoterm and loading port
- Packing
- Inspection body for quality and weight
- Payment terms, as the buyer asked: DLC(MT799) or BG&LC(MT700) or SBLC(MT760) or TT(MT103) at Destination Port and s
- Offer validity and shipment schedule
Sources: World Bank Commodity Price Data (Pink Sheet) (Oct 2026); WITS / UNCTAD TRAINS; European Central Bank; UN Comtrade (2025); Nager.Date.
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Where crude oil buyers are
Buyer country of 10 crude oil requirements listed on Global Trade Plaza, posted 13 Sept 2026 to 29 Oct 2026.