Murban definition
Examples of Murban in a sentence
First composite sample to be prepared at CEYPETCO Refinery Laboratory for Murban Crude Oil shall be analysed at the Refinery laboratory to check and ensure key properties i.e. Density, Sulphur, RVP and BS & W as specified under sub clause 8.2. while the second set of composite sample for ▇▇▇▇▇▇ ▇▇▇▇▇ Oil shall be retained under the custody of the independent inspector.
They should be present at the time of loading of the cargo to carry out the inspection and to prepare the quality (submit on line sampling test report indicating the four parameters namely “Total Sulphur, Density, RVP and BS&W” also the bidder to submit the Assay of Murban Crude Oil) and quantity certificates and any other documents specified.
Seller to provide copy of Certificate of Quantity and Quality issued by ADNOC/ADCO and copy of Certificate of Origin issued by ADNOC/ADCO confirming that the Crude Oil shipped on vessel is derived from the current production of the Murban Crude Oil field.
The independent inspector nominated by the Buyer and accepted by the Seller shall also ensure that the vessel loads only with Murban Crude Oil.
Moreover the Buyer reserves the right to berth the vessel only on SPBM 1 availability basis and based on the requirement for the Murban Crude Oil in the Refinery.
During the period of the Agreement, the Seller shall sell and deliver and the Buyer shall purchase and pay for and take or cause to be taken Murban Crude Oil for delivery at Single Point Buoy Mooring 1 (SPBM 1), Colombo, Sri Lanka for a period of seven (07) months commencing from 01st May 2022 to 30th November 2022 where not in conflict with the terms contained herein, Incoterms 2010 to apply.
During the period of the Agreement, the Seller shall sell and deliver and the Buyer shall purchase and pay for and take or cause to be taken Murban Crude Oil for delivery at Single Point Buoy Mooring 1 (SPBM 1), Colombo, Sri Lanka for a period of seven (07) months commencing from 01st June 2022 to 31st December 2022 where not in conflict with the terms contained herein, Incoterms 2010 to apply.
Terms and expressions defined in the Agency Agreement (the "Agency Agreement", which expression includes the same as it may be amended, supplemented, novated or restated from time to time) dated [•] 2024 between, inter alios, ADNOC Murban RSC LTD and Citibank N.A., London Branch in its capacity as Principal Paying Agent, Transfer Agent and the Exchange Agent shall have the same meanings in this Put Notice, except where the context does not permit.
During the period of the Agreement, the Seller shall sell and deliver and the Buyer shall purchase and pay for and take or cause to be taken Murban Crude Oil for delivery at Single Point Buoy Mooring 1 (SPBM 1), Colombo, Sri Lanka for a period of seven (07) months commencing from 15th June 2022 to 14th January 2023 where not in conflict with the terms contained herein, Incoterms 2010 to apply.