West African National Petroleum Supply Transaction

Proposed structuring of a petroleum-product supply transaction for a national hydrocarbons company in West Africa.

Confidential transaction reference

Reference characteristics

The figure and terms below reflect the reference scope described in the transaction-structuring experience.

60,000MT — reference transaction volume, up to
2 × 30,000 MTReference cargo structure
EN590 + PMSReference product scope
PLATTS-indexedReference pricing basis
Independent inspectionReference control framework
Transaction structuring experience / Confidential transaction reference
Reference characteristics
  • Up to 60,000 metric tons
  • EN590 10 ppm gasoil and PMS gasoline
  • Two cargoes of 30,000 MT
  • PLATTS-indexed pricing
  • Delivery through a West African port or terminal
  • Independent inspection
  • Performance security
  • Transaction-backed financing
  • Secured deferred payment
  • Assignment of commercial receivables
  • Marine insurance and document control
Reference status: This page describes transaction-structuring experience. It does not identify a client relationship and does not represent the transaction as completed unless that status is separately confirmed.