CPC Blend definition
Examples of CPC Blend in a sentence
Buyers' nomination shall be consistent with the loading port authority requirements and shall include, but shall not be limited to, the vessel's name, flag, crew nationality, capacity, length, beam, summer deadweight and draught together with the quantity of REBCO, Karakuduk Crude Oil or CPC Blend (as the case may be) to be loaded.
B.2 Any loss of or damage to the REBCO, Karakuduk Crude Oil or CPC Blend (as the case may be) during loading, if caused by the vessel or her officers or crew, shall be for the account of Buyers.
A.1 The quantity and quality of each delivery of REBCO, Karakuduk Crude Oil or CPC Blend (as the case may be) shall be determined by measurement, sampling and testing in the manner customary at the loading port and shall include testing that enables a quantity net of BS&W to be calculated.
If such representative is appointed the quantity and quality of the REBCO, Karakuduk Crude Oil or CPC Blend (as the case may be) as jointly ascertained by Buyers' representative and Sellers' representative shall be the quantity and quality for the purpose of the certificate(s).
The Company shall ensure that (i) during the Principal Period, the quality of Commodity delivered at the relevant delivery point shall be REBCO, and (ii) during the Secondary Period, the quality of Commodity delivered at the CPC Terminal shall be Karakuduk Commodity for segregated batch deliveries or shall be CPC Blend for deliveries for which segregated batch delivery is not available.
B.1 The risk and property in the REBCO, Karakuduk Crude Oil or CPC Blend (as the case may be) supplied pursuant to this Part 2 of the Agreement shall pass to Buyers at the loading port as the REBCO, Karakuduk Crude Oil or CPC Blend (as the case may be) passes the loading vessel's permanent hose connection.