What We Expect
Oil and Gas Global Brokerage Limited has its own exhaustive due diligence process in place and we expect the same from all brokers and facilitators who wish to work with on the sale of petroleum products. Brokers who are not direct to either the end buyers or the end sellers should avoid trying to contact us and waste valuable time.
We prefer to deal with sellers directly.
Please read the following carefully as this will decide if Global Oil and Gas Trading can work with you or not:
NCNDA / IMFPA
The first thing any amateur broker will pop up is that we have to sign the NCNDA (Non Circumvention Non Disclosure Agreement) and IMFPA (Intermediary Master Fee Protection Agreement). First of all, almost all the NCNDAs and IMFPAs floating in the market are either fake or invalid and are not endorsed by ICC. Brokers ought to understand that our managers do not have any problem signing the NCNDA. However, it has to be genuine. We only utilize the genuine ICC publication 769 E ( ICC Model Contract ) that can be purchased here.
Any other NCNDA draft generally available with the ICC logo and mostly titled ICC 400/500/600 is useless and invalid. Read the official warning from ICC here. Many so called brokers claim to be mandates and then ask for an NCNDA; beware of these individuals and companies. Real mandates never fear circumvention as they are protected by the company who extended the mandate to them.
Secondly, Oil and Gas Global Brokerage Limited cannot just sign the NCNDA with every individual and company that comes along claiming to be direct with their principal. Brokers who wish to work with Oil and Gas Global Brokerage Limited, must be ready with detailed information about their company, website, corporate profile, registered office address, working phone numbers to begin with. Not all but most emails from public domain servers (gmail, yahoo, hotmail etc) will be purged.
OUR KEY PRODUCTS:
EN590 10ppm refers to a European standard for diesel fuel with a maximum sulfur content of 10 parts per million (ppm). This ultra-low sulfur diesel (ULSD) is designed to burn cleaner and reduce emissions compared to higher sulfur diesel.
Jet fuel, also known as aviation turbine fuel, is a refined kerosene-based liquid primarily used to power gas turbine engines in aircraft. It's a colorless to straw-colored fuel. The most common types for commercial aviation are Jet A and Jet A-1. Jet fuel is derived from crude oil and undergoes a refining process to meet specific quality standards.
Virgin Fuel Oil D6, also known as residual fuel oil, is a heavy, high-viscosity fuel oil that is used in large power plants and ships. It's derived from the heaviest residues of crude oil after lighter hydrocarbons like gasoline and diesel are removed. D6 requires preheating before use due to its high viscosity.
D2 is a refinery abbreviation for Gasoil. It is the second distillate from the crude, and can be used without reformers and additives.
We do not work with long chains of brokers. This means if and when a broker approaches Oil and Gas Global Brokerage Limited, he/she should be direct with his/her principal (end buyer or end seller). There can be NO exceptions to this fundamental rule what so ever. Being new in business is not bad but we expect the broker to do his/her homework before reaching out to us. We receive tons of emails where individuals claim to be "close" to the seller/buyer, but being "close" is not being direct. We are not here to teach business to every individual that emails us, do your homework. It is always difficult to work when there is no transparency.
We expect you to do proper due diligence before forwarding us any document or inquiry. As brokers, facilitators and traders, we feel that it is our corporate responsibility to do proper homework before forwarding anything to our principals.
In a nutshell, we can work with you if:
