At Naam Global Group, we know that success in global trade is not achieved overnight. It stems from years of practical experience and a deep understanding of every phase of the trading process. From mastering market trends and navigating complex supply chains to negotiating agreements between buyers and sellers, our team ensures that every detail is meticulously handled. We focus on delivering results that save time, reduce costs, and enhance efficiency for our clients.
We act as a trusted bridge connecting international markets with crude oil producers worldwide. Naam Global Group combines industry expertise, a global network, and innovative strategies to provide tailored solutions for trade, investment, and consultation in the crude oil sector.
What sets us apart is our dedication to seeing deals through to the finish line. Whether it's negotiating competitive prices, finalizing contracts, securing logistics, or managing inspections and payment terms, our comprehensive approach covers all aspects of the trade. Our goal is simple: to create a smooth and successful experience for everyone involved, from buyers and sellers to producers and other stakeholders.
With years of industry expertise, Naam Global Group is your one-stop partner for crude oil trading. Let us help you navigate the complexities of the industry and achieve lasting success. To learn more or start a conversation, reach out to us today.
Success is not just our goal, it's our promise.
Product Overview
Basra Light Crude Oil is one of Iraq's premium crude oil grades, known for its moderate API gravity and relatively high sulfur content. It is a sought-after crude oil for refineries that specialize in processing heavier grades into diesel, gasoline, jet fuel, and petrochemical feedstocks.
Key Characteristics:
Moderate API gravity (~30-31), making it a balanced crude for refining operations
Higher sulfur content (~2.87%), typically requiring desulfurization but yielding valuable middle distillates
Ideal for refining into diesel, gasoline, and jet fuel
Stable and consistent supply via Iraq's major oil terminals
Important Note: Iraq's Crude Oil Sales Process
Unlike many global markets, Iraq operates differently in crude oil sales, particularly through SOMO (State Organization for Marketing of Oil). This means:
* Only qualified buyers and refineries can engage in direct purchases.
* Strict registration, compliance, and financial verification processes are required.
* Transactions involve long-term contracts or structured agreements with SOMO.
If you are interested in securing Basra Light Crude Oil, please contact us for more. Our team will guide you through the proper procedures to ensure compliance with Iraq's regulatory framework for crude oil sales.
