From Exploration to Delivery
Oil and gas operations involve a sequence of interconnected activities. At CJSC, we take an integrated view of this process—from resource development and extraction through processing, refining, storage, logistics, and commercial delivery.
Identifying and evaluating opportunities for oil and gas resource development.
Recovering crude oil and associated gas through appropriate production operations.
Recovering, treating, conditioning, and utilizing associated and natural gas.
Processing crude oil into valuable refined petroleum products.
Managing the appropriate storage and handling of crude and refined products.
Coordinating transportation, loading, shipment, and relevant export activities.
Connecting products with qualified buyers and commercial markets.
International oil and gas transactions require a clear sequence of commercial, technical, financial, and verification activities. Our established transaction procedures provide a framework for moving from initial buyer documentation to product verification, loading, payment, and transfer of ownership.
The buyer submits the required corporate and transaction documentation, including the applicable ICPO and TSA or CPA for review and verification.
Following successful verification, the applicable commercial documentation and invoice are issued for buyer review and execution.
The seller provides applicable proof-of-product documentation including Authority to Sell, Product Passport, Statement of Product Availability, and more.
The buyer coordinates access to the relevant storage facility and conducts the required physical verification and dip test.
Following successful verification, the product is transferred to the buyer's nominated vessel or storage facility.
The buyer conducts the required quality and quantity verification.
Following successful verification, payment is completed and product ownership and export documentation are transferred.
Corporate profile, ICPO, applicable CPA, and required buyer documentation are submitted.
The seller provides the applicable commercial invoice for review and execution.
A recent SGS report is made available for verification through the relevant logistics or inspection channel.
Following confirmation, the buyer provides the applicable authorization to inject.
The product is injected into the buyer's nominated vessel according to the agreed procedure.
The buyer conducts the required dip test and quality and quantity verification.
Following successful confirmation, payment is completed according to the agreed transaction terms.
Buyer confirms the commercial offer and issues the applicable ICPO.
Seller provides the draft contract or SPA for review.
Buyer returns the executed contract and required supporting agreements.
The contract proceeds through the applicable registration and legalization process.
Relevant product availability and supporting documentation are provided.
Buyer provides the agreed financial instrument according to the transaction terms.
Applicable proof-of-product and shipping documentation are provided.
Shipment begins according to the contractual schedule.
Product is inspected at the discharge port according to the agreed requirements.
Payment is completed and product ownership is transferred according to the contractual terms.
Every serious oil and gas transaction depends on confidence. That is why our procedures incorporate appropriate documentation and verification at critical stages of the transaction.
Company profiles, registration documents, and authorized signatory information.
Detailed pricing, quantity, and terms for each transaction.
Official documentation verifying product origin and specifications.
Documentation confirming the source country of the product.
Independent third-party verification of quality and quantity.
Detailed analysis of product characteristics and volumes.
Authorization for buyers to conduct physical inspections.
Physical verification of product quantity in storage.
Documentation of product transfer operations.
Bill of lading, manifest, and transport-related documents.
Have a product requirement, project, or commercial opportunity? Our team is available to discuss the appropriate structure and next steps.
Contact CJSC