Heavy sour crude
Suitable for Chinese refineries with coking and residue-upgrading systems. Matched to coker margin economics and yield slate.
Flow 1 · Inbound
Crude oil into qualified Chinese refinery demand.
Back-to-back principal resale of crude oil from international producers into Chinese refinery counterparties on LC-backed, DES/DAP terms. All crude grades open; matched to refinery configuration, quota status and port economics.
Crude grades we organise.
All grades open. We match cargo specs to actual refinery configuration and processing economics, not to a generic catalog.
Medium sour crude
Mainstay for hydrocracking and FCC complexes. Spec windows aligned to refinery API/sulfur preferences.
Light sweet crude
Distillate-yield-led demand and aromatic complex feedstock; spec-driven matching to plant configuration.
Condensate
Splitter feedstock for Chinese petrochemical complexes; tight specs on naphtha and middle-distillate yields.
Feedstock-suitable blends
Custom blend evaluation against target refinery configuration and shore-tank economics.
What a back-to-back resale desk delivers.
Refinery demand access
Direct line into structured Chinese refinery offtake — without the producer building local relationships from scratch.
LC-backed payment
Sight LC, transferable LC, and SOE-supported trade finance arrangements. Banking discipline matched to producer requirements.
DES/DAP delivery
Destination-based delivery into Chinese ports. We coordinate vessel handling, port operations and discharge documentation.
Trial to repeat nomination
Trial cargo first, then rolling monthly nomination once execution is validated on both sides.
Confidential counterparty handling
Commercial counterparty details are compartmentalised. We do not publicly disclose final refinery names or producer relationships.
Compliance transparency
Origin, vessel, documentation, banking, customs and inspection compliance is fully transparent to required parties.
From producer nomination to discharge port.
Producer / Marketing
Cargo nomination · origin documentation
Estal Desk
Back-to-back · LC structure · destination delivery
Chinese refinery counterparty
Quota-eligible refinery, banking-validated
DES / DAP discharge
Vessel · port · customs · surveyor
The boundary, stated explicitly.
- No cargoes of unclear origin.
- No false documentation under any circumstance.
- No public disclosure of refinery counterparties or producer relationships.
- No unauthorised marketing chains. We engage with principals and authorised marketing teams directly.
Producers · marketing teams · trade finance
Discuss a cargo or open a structured offtake conversation.
Initial screening is confidential and structured. We respond within two working days for serious counterparties.