What is Low Pour Fuel Oil (LPFO)?
Low pour fuel oil is a dark viscous liquid. It is one of the products in the fractional distillation of crude oil. Fuel Oil is used to run broilers in many industries especially textile and cement manufacturing industries.
Our Low Pour Fuel Oil (LPFO) Trade Process
- Cost Insurance and Freight (CIF): The seller handles everything from loading the vessel, paying for insurance and shipping the product to the country the buyer wants it delivered.
- Freight On Board (FOB): The seller is responsible for handling the transportation of the goods to the port of shipment and loading cost. Once the goods are loaded on the ship, all liabilities transfer to the buyer. Liabilities like unloading, insurance, marine freight transport and transporting products to its destination.
- Tanker Take Over (TTO): The buyer takes over the hiring of a loaded tanker along with the product it contains.
- Tanker To Tanker (TTT): The buyer hires his vessel and uses the same to purchase products from the seller.
Are you trying to buy Low Pour Fuel Oil and have it shipped to anywhere in the world? At Watsonagro, we are devoted to facilitating purchases and export of petroleum products while providing a reliable and profitable service.