Back-to-back principal trading, structured for two-sided discipline.
The desk takes title and counterparty risk on each transaction. Two contracts run in parallel — one with the producer side, one with the receiving buyer — sequenced and documented so that banks, customs, surveyors and contractual parties each have what they need at the right moment.
Destination-based supply
DES and DAP delivery terms put discharge port economics — vessel routing, port selection, demurrage exposure — inside the structure. Producers transact on a price that reflects delivered value, not FOB-load uncertainty.
LC-backed buyer-side demand
Sight LC, transferable LC and SOE-supported finance arrangements anchor the buyer side. Bank-to-bank correspondence is sequenced so origin documentation, B/L and LC presentation align on the inspection clock.
Confidential counterparty handling
Commercial counterparty information is compartmentalised between sides of the desk. Producers do not see refinery names; refineries do not see producer pricing. This is operational discipline, not opacity — every required disclosure to banks, customs and inspection is fully met.
Documentation discipline
Origin certificate, B/L, quality and quantity certificates, inspection and surveyor reports, sanctions and vessel screening records — sequenced to bank, customs and contractual requirements without compromise.
Compliance transparency
Banking KYC, AML and beneficial-owner disclosure to opening banks. Customs declaration to receiving authority. Inspection certification to surveyor and counterparty. Contractual integrity through back-to-back chains.
Trial cargo to repeat nomination
First cargo is a calibration: documentation flow, banking discipline, port coordination, dispute-free discharge. Once the rhythm is validated on both sides, rolling monthly nomination follows.