Import Api 16 Crude Oil (Non Sanctioned) — Buy in wholesale FOB from Supplier in Ireland

Midlands Sts Limited, based in Dublin, Ireland, offers API 16 crude oil sourced through Venezuelan national oil company PDVSA arrangements. The crude carries a maximum sulfur content of 3.5% and is available in shipment lots of 2,000,000 barrels per lift. The supplier operates under state agreement terms with allocated annual quota access within a joint venture arrangement of 120,000,000 barrels per year, or 10,000,000 barrels per month. The oil is classified as non-sanctioned based on specific OFAC General Licenses GL 41 and GL 50 granted to designated PDVSA partners, enabling European and Indian market access. Pricing is structured as a discount of $24 USD per barrel against Brent crude at contract time, with delivery on FOB Venezuela Port Jose terms.

API 16 crude oil is a heavy sour grade with an API gravity of approximately 16 degrees, indicating high density and lower value compared to lighter sweet crudes. The 3.5% maximum sulfur content places it in the high-sulfur category, requiring refineries with desulfurization capability or complex coking units for economic processing. Typical processing yields include higher proportions of residual fuel oil, asphalt, and petroleum coke relative to lighter grades. Standard cargo size of 2,000,000 barrels reflects very large crude carrier (VLCC) economics and port infrastructure constraints at Venezuelan loading terminals. The crude's specific characteristics make it suitable for refineries configured for heavy sour feedstock, particularly those on the US Gulf Coast, in India, or with coking capacity in Europe.

Buyers of this grade typically include national oil companies, integrated oil majors, and large independent refiners with appropriate downstream configuration. The transaction structure requires documentary credit or standby letter of credit (DLC MT 700 or SBLC MT 760), with 100% payment at loading upon bill of lading issuance. Buyers must provide company information, Know Your Customer documentation, bank guarantee, and bank officer contact for due diligence. Midlands Sts Limited requires vessel nomination and port registration by the buyer, with the seller handling loading coordination. Interested parties should confirm current OFAC license status and legal opinion with the supplier, as sanctions frameworks remain subject to change.

Midlands Sts Limited is registered in Dublin, Ireland, and holds harbor-level trust status on the platform with a 0.00% response rate and zero recorded average response hours. The company positions itself as part of a holding structure authorized to prepare and process applications for potential buyers of Venezuelan-origin crude oil, with stated inclusion in the PDVSA partner register. The supplier's profile emphasizes legal and financial qualification of buyers, transparency, and compliance with international sanctions frameworks. No verified company history, employee count, revenue figures, or client references are provided in the source material. The listing does not disclose ownership structure, years in operation, or audited financial standing.

The supplier's operational model centers on facilitating crude oil transactions under Venezuelan state agreement terms, with specific focus on OFAC General License pathways. Midlands Sts Limited provides direct contact via telephone and WhatsApp numbers (+353 86 197 5673 and +353 85 204 9155) and invites engagement through its sales department email. The company does not claim refining assets, storage terminals, or shipping fleet ownership. Buyers should independently verify the supplier's authorization chain, current PDVSA registry status, and the validity of underlying OFAC licenses before proceeding with documentation or financial commitment.