Oil & Gas
Petroleum acquisition, supply, and international trading.
Aberdeen Corporate Finance operates a dedicated petroleum trading arm that acquires and supplies a comprehensive range of crude oil, refined petroleum products, and energy commodities to buyers worldwide. We work directly with refineries, national oil companies, and independent producers to source products at competitive prices with reliable delivery schedules.
Our trading desk handles transactions across the full spectrum of petroleum products — from light sweet crudes prized by refiners for their clean fuel yields, through refined products including diesel, aviation kerosene, and heavy fuel oil, to liquefied natural gas and LPG for the energy sector. Every transaction is structured with robust documentation, independent inspection, and secure payment mechanisms.
Product Lines
Delivery Terms
Independent Inspection
Secure Payment
Crude Oil
Light, medium, and sweet crude grades from major producing regions
Arabian Light (ARABLT)
Saudi ArabiaMedium sour crude widely used as a benchmark. Highly sought after for its balanced yield of middle distillates and light products.
Russian Export Blend (REBCO)
RussiaUrals-grade blend exported via Baltic and Black Sea terminals. A major reference crude for European and Asian refineries.
Bonny Light (BLCO)
NigeriaSweet light crude prized by refiners for its low sulphur content and high yield of premium products including gasoline and diesel.
Sarir / Libyan Light
LibyaHigh-quality sweet crude from the Sirte Basin. Its light gravity and very low sulphur content make it ideal for producing clean fuels.
Petroleum Products
Refined fuels meeting international quality standards
D2 Diesel (Gost 305-82)
High-speed diesel fuel used in vehicles, generators, and industrial machinery. Meets international quality standards with flash point of 62°C and cetane number ≥45.
JP54 Aviation Kerosene
Jet fuel manufactured to stringent aviation standards. Used internationally for commercial and military aviation with a flash point of 38°C and density of 0.775–0.840 kg/l.
Mazut 100 (Gost 10585-99)
Heavy residual fuel oil used in power stations, marine engines, and industrial boilers. Viscosity of 118 cSt at 50°C, specific gravity 0.920–0.990.
Energy & Gas
LNG and LPG for power generation, industrial, and domestic use
Liquefied Natural Gas (LNG)
Natural gas cooled to −162°C for efficient bulk transport. Clean-burning fuel increasingly used for power generation, industrial processes, and as a marine fuel.
Liquefied Petroleum Gas (LPG)
Propane and butane mixture used for heating, cooking, automotive fuel, and petrochemical feedstock. Delivered in pressurised tanks for versatile applications.
Selling Procedure
Our structured seven-step process ensures transparency, security, and efficiency from initial enquiry through to final payment.
Letter of Intent & Company Profile
Contact us via the enquiry form. Submit your Letter of Intent (LOI) and company profile detailing your requirements, target volume, destination port, and delivery schedule.
Term Sheet Issuance
ACF reviews your LOI and issues a detailed Term Sheet outlining product specifications, pricing, delivery terms (CIF/FOB), and contractual conditions.
Proof of Financial Capability
Demonstrate financial capability by providing an MT799 (bank-to-bank proof of funds) or a confirmation email from your banker verifying available funds for the transaction.
Commitment & Contract Signing
Proceed lawyer-to-lawyer. Both parties' legal counsel review, negotiate, and sign the Sales & Purchase Agreement (SPA) with all terms, conditions, and delivery schedules.
Financial Instrument Submission
Submit the agreed financial instrument (Letter of Credit, Bank Guarantee, or other instrument as specified in the SPA) to ACF's designated banking institution.
Performance Bond & Delivery
ACF issues a 2% Performance Bond (PB), provides Proof of Product (POP) documentation, and commences delivery per the agreed schedule and shipping terms.
Payment via MT103
Payment is made via MT103 wire transfer within one week of the buyer receiving and inspecting the products. Transaction closes upon confirmation of funds.
Spot Transaction Procedure
For spot purchases where POP documentation is provided upfront before contract execution.
Agreement & Deposit
Once parties agree on terms, the buyer deposits 5–7% of the total transaction value with Norton Rose LLP (or mutually agreed legal counsel such as Fieldfisher LLP or Hogan Lovells LLP). Funds are held in escrow throughout the transaction.
Proof of Product (POP)
ACF provides full POP documentation including: Product Passport, Unconditional Deed of Transfer & Assignment (UDTA), fresh SGS Inspection Report (within 48 hours), TSR, Certificate of Origin, PIR, and ATV.
Contract Execution
Upon verification of POP documents, both parties execute the Sales & Purchase Agreement. The contract includes detailed delivery schedules, quality specifications, and payment terms.
Bank-to-Bank Payment
Payment is processed bank-to-bank as per the executed contract terms. The escrowed deposit is released, and the balance is settled through the agreed banking channels.
Refinery Transaction Procedure (CIF/FOB)
For refinery transactions where the contract is executed before POP documentation is provided.
Agreement & Deposit
Once parties agree on CIF or FOB terms, the buyer deposits 5–7% of the total transaction value with Norton Rose LLP (or mutually agreed legal counsel). Funds held in escrow provide security for both parties.
Contract Execution
Both parties execute the Sales & Purchase Agreement specifying CIF or FOB delivery terms, Incoterms, quantity, quality specifications, loading port, and discharge terminal.
Payment
The buyer arranges payment (typically via Letter of Credit or MT103) in accordance with the executed contract. Banking instruments are verified bank-to-bank prior to shipment.
Proof of Product & Delivery
ACF provides full POP documentation (Product Passport, UDTA, SGS Report, TSR, Certificate of Origin, PIR, ATV) and commences delivery per the agreed CIF/FOB terms and schedule.
Proof of Product (POP) Documentation
Every transaction is supported by a comprehensive POP documentation package, independently verified and provided to the buyer as per the agreed procedure.
Product Passport
Official document certifying the product origin, quality, and chain of custody.
UDTA
Unconditional Deed of Transfer & Assignment — legal transfer of product ownership.
SGS Inspection Report
Independent quality and quantity report by SGS (fresh, within 48 hours of inspection).
TSR
Tank Storage Receipt confirming product storage at the designated facility.
Certificate of Origin
Official document certifying the country of origin of the petroleum product.
PIR
Pre-Inspection Report verifying product quality before loading.
ATV
Authorization to Verify — allows buyer's bank to independently verify product documents.
Joint Participation
ACF offers a partnership model for qualified buyers who wish to participate in petroleum trading on a joint basis. Under the Joint Participation arrangement, ACF funds 50% of the total order value and supplies the product, while the partner provides the remaining 50% and manages the downstream distribution.
This model significantly reduces the capital barrier for established traders, distributors, and end users who have the market relationships and logistics infrastructure but require additional working capital to execute large-volume transactions. All joint participation arrangements are governed by formal agreements with clear terms, profit-sharing mechanisms, and exit provisions.
Partnership Model
Work alongside ACF as a co-investor in the transaction
50% Funding
ACF funds half of the total order value
Product Supply
Full product sourcing, documentation, and logistics
Why Trade with Aberdeen Corporate Finance
Important Notice: Aberdeen Corporate Finance Limited operates as a commercial intermediary in petroleum trading. All transactions are subject to product availability, counterparty due diligence, and compliance with applicable international trade regulations and sanctions. Product specifications, prices, and delivery schedules quoted are indicative and subject to confirmation at the time of transaction. Deposits are held in escrow with independent legal counsel as described above. ACF is not a regulated financial services firm and does not provide investment advice. All buyers and sellers are responsible for their own legal, tax, and regulatory compliance.
Interested in Petroleum Trading?
Submit your Letter of Intent and company profile to begin the process. Our trading desk will review your requirements and issue a Term Sheet.
Submit Enquiry