Import Basra Light Crude Oil And Basra Heavy Crude Oil — Buy in Bulk from Supplier in France

Solar International LLC secures direct contracts for Iraqi Basra Light and Basra Heavy Crude Oil from SOMO, the State Oil Marketing Organization. Both grades are sourced from Iraq’s southern fields, with Basra Light typically featuring an API gravity of 30-32° and sulfur content below 2%, while Basra Heavy usually ranges between 22-24° API with sulfur up to 3.5%. These crudes are supplied on FOB terms as per OPEC regulations, with Iraq offering distance discounts based on refinery location.

Basra Light is a medium-sour crude with higher distillate yields, preferred for refining into gasoline and middle distillates. Basra Heavy, a heavier sour crude, delivers higher residual fuel oil yields and is often blended or processed in complex refineries. Both grades meet standard industry specifications for water content (typical max 0.5% v/v), sediment (typical max 0.05% w/w), and salt content (typical max 10 PTB). They are transported via VLCC or Suezmax tankers, with loading ports at Basra or Khor Al-Amaya.

Refineries in Europe and Asia commonly purchase these grades for their stable supply and competitive pricing under long-term contracts. Solar International LLC facilitates the contract process without involvement in pricing or discounts, which are determined by SOMO. Buyers must establish a Revolving Documentary Letter of Credit (RDLC) within 30 days of vessel departure, with payment released upon handover of the Certificate of Transfer of Oil Ownership. No upfront payment is required.

Solar International LLC operates from Marseille in the PACA region of France, specialising in securing crude oil supply contracts for international buyers. The company acts as an intermediary to facilitate direct procurement from SOMO, Iraq’s state oil marketer, without handling pricing, discounts, or payments. Its role is limited to contract negotiation and coordination between buyers and SOMO.

The supplier holds a harbor trust tier but has not yet recorded a response rate or average response time on the platform. Solar International LLC explicitly states it does not require upfront payments, and all financial transactions are managed through SOMO’s RDLC process. Buyers are advised to confirm the supplier’s current verification status and contract terms directly before proceeding.