A structured, documented trading framework covering sourcing, logistics, quality assurance, and flexible delivery.
Basrah Energy FZE sources petroleum products directly from National Oil Companies (NOCs) through established commercial relationships and formal offtake agreements. Our primary sourcing market is Iraq, where we have deep operational familiarity with:
We also source refined products from refineries and trading counterparties in the GCC and broader Middle East region when required by buyer specifications.
Primary Market
Iraq — Southern region terminals
Counterparty Type
National Oil Companies, licensed traders
Access Method
Pipeline, storage tank, road tanker
We provide end-to-end logistics management including vessel chartering, inland transport coordination, and terminal operations. Our logistics capabilities include:
We work with an established network of vetted shipowners, port agents, and inspection companies across the trading regions we serve.
Vessel Sizes
Handy, MR, Aframax, Suezmax
STS Operations
Available in designated anchorages
Documentation
Full suite — BL, COQ, SGS, NOR
Every cargo traded by Basrah Energy FZE is subject to independent quality and quantity verification by internationally recognised inspection companies. Our quality control framework includes:
We do not accept or pass cargo that does not meet the contracted specification. Documentation integrity is central to our operating model.
Inspectors Used
SGS, Intertek, Bureau Veritas
Standards
ASTM, ISO, IP test methods
Documentation
COQ, COO, Draft Survey
We offer flexible delivery structures tailored to the buyer's requirements, financing arrangements, and destination logistics. Supported Incoterms include:
Payment terms are agreed per transaction and typically structured around BL date, LC at sight, or deferred LC. We work with commodity finance banks and can accommodate structured payment arrangements for qualified buyers.
Incoterms
FOB, CIF, DAP, EX Works
Payment
LC at sight, deferred LC, TT
Pricing Basis
Platts, Argus, dated Brent
Whether you need a specific cargo lifted, a logistics solution, or a full trading arrangement — contact our team to discuss your requirement.
Talk to Our Team