Crude Oil Transaction Pathways

CTC Oil – Trading Procedures

Please review the applicable procedure based on your transaction structure and delivery requirements.

Standard Sales Terms (2025A)

Official General Terms & Conditions for FOB Kharg crude oil sales. Includes payment via confirmed Letter of Credit (L/C), quality/quantity protocols, and standard delivery terms.

Download GTC 2025A (PDF)

Operational Guidelines (2024)

Internal cooperation framework with NIOC, including buyer registration, Ship-to-Ship (STS) delivery options to free zones, and Bank Guarantee (BG)-based settlement.

Download Internal Procedure 2024 (PDF)

For clarification or to initiate a transaction, contact us at trade@ctcoil.site