Risks of Dealing with Unverified or Non-Performing Sellers When a buyer fails to properly verify a fuel supplier, the most immediate and damaging risk is financial loss from non-delivery or non-performance. In the PetroSA and Nako Energy incident in South Africa, a state-owned entity sold diesel worth nearly $50 million to a little-known company that […]

Matching Pricing, Delivery Timelines, and Operational Feasibility In oil and gas trading, the gap between what is written in a contract and what can actually be executed on the ground is a primary source of disputes, demurrage claims, and eroded margins. Aligning commercial terms with logistics reality means ensuring that pricing mechanisms, delivery timelines, and […]