Energy Products
Refined product specifications and delivery terms.
MIPEC structures transactions for two core refined products. Final specifications are always confirmed by an independent inspection report at loading and discharge.
Product 01
EN590 10ppm Diesel
Ultra low sulphur automotive gas oil compliant with the European EN 590 standard, the reference diesel grade for road transport across the EU. Traded in the ARA hub against ICE Gasoil futures with a negotiated differential.
- Product
- EN590 10ppm Automotive Gas Oil (ULSD)
- Sulphur content
- Max 10 mg/kg (ppm)
- Density at 15 °C
- 820 – 845 kg/m³
- Flash point
- Min 55 °C
- Cetane number
- Min 51
- Water & sediment
- Max 200 mg/kg
- Colour
- Standard, as per EN 590 specification
- Delivery terms
- CIF · FOB · TTV (Incoterms 2020)
Typical buyers
- Road transport and heavy commercial fleets
- Industrial generators and off-road machinery
- Bulk distributors and regional wholesalers
Product 02
Jet A1 Aviation Fuel
Kerosene-type aviation turbine fuel meeting international aviation standards, supplied through ARA-region delivery hubs and released against a joint inspection certificate.
- Product
- Jet A1 Aviation Turbine Fuel
- Specification
- DEF STAN 91-091 / ASTM D1655
- Freezing point
- Max −47 °C
- Flash point
- Min 38 °C
- Density at 15 °C
- 775 – 840 kg/m³
- Sulphur content
- Max 0.30 % m/m
- Delivery hubs
- Rotterdam · Amsterdam · Antwerp (ARA)
- Delivery terms
- CIF · FOB · TTV (Incoterms 2020)
Typical buyers
- Commercial and cargo airline operators
- Airport into-plane fuelling services
- Aviation fuel resellers and traders
Delivery terms
Incoterms 2020 structures we work under
Cost, Insurance & Freight
Seller arranges vessel, insurance and freight to the buyer's discharge port. Quality and quantity confirmed at load and discharge.
Free on Board
Buyer nominates the vessel; product is delivered on board at the loading terminal within the agreed laycan.
Tank to Vessel · Tank to Tank
In-tank transfer at an ARA terminal, with dip test and tank-to-tank injection under terminal supervision.
Volumes & contract structure
Indicative transaction parameters
0k MT
Typical minimum vessel parcel
0k MT
Indicative monthly contract ceiling
0 Months
Standard term contract with rolls & extensions
Spot lifts and 12-month term contracts with monthly allocations are both supported. Pricing is normally set against Platts ARA quotations or ICE Gasoil, plus a negotiated differential agreed in the SPA.
Quality assurance
How specification is verified
Independent inspection
SGS, Intertek or an equivalent inspector appointed for load and discharge.
Q&Q report
Quality and quantity report issued before title transfer and payment release.
Tank storage receipt
Storage confirmation and dip test from the appointed ARA terminal.
Retained samples
Sealed samples retained by the inspector for contractual reference.
Values shown are indicative reference specifications. Contractual quality parameters are defined in the SPA and verified by an independent inspection company such as SGS or Intertek.