Crude oil
What is a crude oil?
Crude oil, Over millions of years, the remains of these plants and animals were crushed and heated between layers of rocks and sand until they became underground pools of oil. We call this oil \”crude oil\” because it is not yet refined for use.
Crude oil is a mixture of hydrocarbons that exists in the liquid phase in natural underground reservoirs and remains liquid at atmospheric pressure after passing through surface separating facilities.
We use petroleum products to propel vehicles, to heat buildings, and to produce electricity. In the industrial sector, the petrochemical industry uses petroleum as a raw material (a feedstock) to make products such as plastics, polyurethane, solvents, and hundreds of other intermediate and end-user goods.
How to buy Crude Oil from ATDM?
1- crude oil will be sold only to end users including refiners or oil companies who are in possess a valid and unconditional processing and/or sale agreement with one of the confide and active oil refiners.
2- The applicant must be a reputable oil company having appropriate business and financial performance during last three years.
Note 1: An oil company is a company that is well known for its activities in oil upstream, downstream, and/or physical oil transactions.
Note 2: Appropriate business performance is defined as fulfilling the contractual obligations against parties concerned and having a good reputation in the execution of its sale/purchase contracts. Note
3: The appropriate financial performance is defined as fulfilling the financial obligations under the terms and conditions of oil contracts on time, without any failure or delay in payments for the concluded transactions.
4- The financial and credit status of applicants must be approved by three prime banks acceptable to ATDM.
5- The applicant should be able to open the required letter of credit for payment of crude oil purchased.
6- For registration, applicants should submit the following documents along with their request, addressing to ATDM Crude Oil sales department:
1) Articles of association as well as company’s registration certificates.
2) Names and particulars of the main shareholders of the company.
3) Financial statements (balance sheet and profit & loss statement) for the last three years audited and approved by an internationally reputable auditing firm.
4) Documents proving the ownership of a refinery or a valid and unconditional processing and/or a sale agreement with a bonafide and acceptable oil refinery to which the crude oil is destined.
5) Crude oil transaction background with countries and/or oil companies for the last three years.
6)Three financial and credit references from three prime banks acceptable to ATDM.
| Region Grade | North West Europe* | Mediterranean | Sidi Kerir | South Africa | Asia | ||
| Price Index | (FOB Kharg) | (FOB Kharg) | (FOB SidiKerir) | (FOB Kharg) | Price Index | (FOB Kharg) | |
| Light | Ice Bwave | -4.30 | -4.70 | -3.10 | -4.30 | Average (Oman,Dubai) | -0.85 |
| Heavy | -5.80 | -6.25 | -4.65 | -5.80 | -2.45 | ||
| Forozan Blend | -5.60 | -6.05 | -4.45 | -5.60 | -2.25 | ||
| Soroosh | Heavy | – | -3.40 | – | – | Heavy | -5.45 |
| Nowrooz | – | -3.40 | – | – | -5.45 | ||
| *: Freight adjustment to be applied. |
Specification of light crude oil
| GENERAL DATA | ||
| SPECIFICATION | RESULT | TEST METHOD |
| SPECIFIC GRAVITY @ 15.56/15.56 °C | 0.8579 | ASTM D-4052 |
| API | 33.4 | \” D-1298 |
| SULPHUR CONIENT (Total) Wt% | 1.36 | \” D-2622 |
| ** H2S CONTENT PPM | 50 | RIPI |
| NITROGEN CONTENT (Total) Wt% | 0.26 | ASTM D-4629 |
| BASE SEDIMENT & WATER Vol% | TRACE < 0.05 | \” D-1796 |
| WATER CONTENT Vol% | TRACE < 0.05 | \” D-4006 |
| SALT CONTENT P.T.B | 16.0 | \” D-3230 |
| KINEMATIC VISCOSITY @ 10 °C *mm2/Sec | 15.97 | \” D-445 |
| KINEMATIC VISCOSITY @ 20 °C *mm2/Sec | 10.43 | \” D-445 |
| KINEMATIC VISCOSITY @ 40 °C *mm2/Sec | 5.838 | \” D-445 |
| POUR POINT °C | -8 | \” D-5853 |
| ** R.V.P PSI | 8.90 | \” D-323 |
| ASPHALTENES Wt% | 1.45 | IP-143 |
| WAX- CONTENT Wt% | 5.7 | BP-237 |
| DROP MELTING POINT OF WAX °C | 57 | IP-133 |
| CARBON RESIDUE CONRADSON Wt% | 3.67 | ASTM D-189 |
| ACIDTY, TOTAL Mg KOH/gr | 0.11 | UOP-565 |
| NICKEL CONTENT PPM | 11.0 | UOP-800 |
| VANADIUM CONTENT PPM | 44.0 | UOP-800 |
| IRON CONTENT PPM | < 2.0 | UOP-800 |
| LEAD CONTENT PPM | < 1.0 | UOP-391 |
| SODIUM CONTENT PPM | 30.0 | UOP-391 |
Specification of heavy crude oil
| GENERAL DATA | ||
| SPECIFICATION | RESULT | TEST METHOD |
| SPECIFIC GRAVITY @ 5.56/15.56 °C | 0.8789 | ASTM D-4052 |
| API | 29.5 | \” D-1298 |
| SULPHUR CONIENT (Total) Wt% | 1.99 | D-2622 |
| ** H2S CONTENT PPM | 80 | RIPI |
| NITROGEN CONTENT (Total) Wt% | 0.25 | ASTM D-4629 |
| BASE SEDIMENT & WATER Vol% | TRACE < 0.05 | \” D-1796 |
| WATER CONTENT Vol% | TRACE < 0.05 | \” D-4006 |
| SALT CONTENT P.T.B | 16.0 | \” D-3230 |
| KINEMATIC VISCOSITY @ 10 °C *mm2/Sec | 29.42 | \” D-445 |
| KINEMATIC VISCOSITY @ 20 °C *mm2/Sec | 21.50 | \” D-445 |
| KINEMATIC VISCOSITY @ 40 °C *mm2/Sec | 16.56 | \” D-445 |
| POUR POINT °C | -8 | \” D-5853 |
| ** R.V.P PSI | 8.10 | \” D-323 |
| ASPHALTENES Wt% | 3.90 | IP-143 |
| WAX- CONTENT Wt% | 6.0 | BP-237 |
| DROP MELTING POINT OF WAX °C | 56 | IP-133 |
| CARBON RESIDUE CONRADSON Wt% | 5.96 | ASTM D-189 |
| ACIDTY, TOTAL Mg KOH/gr | 0.18 | UOP-565 |
| NICKEL CONTENT PPM | 23.0 | UOP-800 |
| VANADIUM CONTENT PPM | 90.0 | UOP-800 |
| IRON CONTENT PPM | 5.4 | UOP-800 |
| LEAD CONTENT PPM | < 1.0 | UOP-391 |
| SODIUM CONTENT PPM | 20.0 | UOP-391 |
Specification of Crude oil
MSDS of Crude oil