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General Fuel Supply

What petroleum fuels do you supply?
We facilitate refinery-grade supply of Jet A-1, Crude oil, EN 590 diesel, D2, D6, and marine diesel,

subject to availability and contract terms.

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Do you work directly with refineries and title holders?
Yes. We collaborate with verified refinery partners, and end sellers, ensuring authority, traceability, and compliance throughout the transaction.

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Which regions do you serve?
We source fuel globally, from Non-Sanctioned Countries primarily using the following ports: Houston, Rotterdam, Fujairah, Singapore, depending on product and regulatory requirements.

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What is Texas T’s role in the transaction?
We have a direct relationship with a select group of Refinery partners and Title holders. To coordinate sourcing, documentation, contracts, logistics, and execution between qualified buyers and sellers.

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Buyer Qualification & Documentation

What documents are required to start a transaction?
Buyers must submit an LOI on company letterhead, a Company Profile (CP), KYC documentation, and proof they are RWA.

Why don’t you disclose the seller upfront?
Seller identity is disclosed only after buyer qualification. This protects refinery relationships and ensures compliant, serious counter-parties.

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Pricing, Contracts & Execution

How is pricing structured?
Pricing is quoted as Platts (or applicable benchmark) minus the agreed discount, based on the date the LOI is received.

When is the SCO issued?
After document (LOI, CP and KYC)review and an introductory buyer–seller call, the seller typically issues the SCO, within 48 hours, subject to time zones.

What contract types do you support?
We support trial shipments, spot lifts, and long-term supply agreements under standard SPAs.

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Logistics, Storage & Payment

How is fuel delivered?
Delivery may include FOB, CIF, tank farm lifting, Tank to vessel or vessel-to-vessel transfers, depending on the contract.

Does the buyer need tank storage?
Yes. Buyers are generally required to have secured storage and provide Tank Storage Receipts (TSR) or a valid sublease agreement.

What payment methods are accepted?
Accepted instrument of payment: MT103/TT,  or other agreed (between seller and buyer) upon payment structured per SPA and banking compliance.

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Compliance & Risk

How do you manage compliance and sanctions?
All counter-parties, vessels, and destinations undergo AML, sanctions, and regulatory screening prior to execution.

 

BROKER & INTERMEDIARY – FAQ

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Working With Brokers

Do you work with brokers?
Yes, on a limited and controlled basis. Brokers may submit buyer documents but must sign an NCNDA with Texas T Global Fuel & Ag.
Once the buyer is introduced to the seller and the SCO, is issued, the seller works directly with the buyer. Our refineries and title holders do not transact with brokers.

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Broker Compensation

Who pays the broker, and when?​

Consulting fees are generally paid from the buyer’s side. If the buyer does not wish to pay fees, this must be disclosed immediately so the seller can determine whether fees can be incorporated into pricing.

Brokers must have:

• A signed NCNDA with Texas T

• A separate consulting or fee agreement with their buyer, and a separate NCNDA with their buyers

Once the transaction is completed, the seller pays all recognized intermediary fees within 48 hours, per the NCNDA/IMFPA.

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Multiple Brokers

Will you work with broker chains?
No broker “daisy chains.”
If multiple brokers operate under one legally formed entity, we may consider engagement with proper formation documents, a single authorized representative, and clearly defined compensation.

 

Process Integrity

Can a broker send the ICPO directly to the seller?
No. All buyer documentation must be submitted through Texas T Global Fuel & Ag to maintain compliance, authority verification, and execution control.

What happens if multiple buyers submit LOIs at the same time?
Product is temporarily held under the buyer’s name upon receipt of a qualified LOI. If allocation is limited, priority is based on timestamp and completeness of documentation.

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Broker Expectations

What is expected from brokers?​

• Must qualify their buyers KYC

• Clean documentation

• on fees- Broker(s) Must have discussed their compensation with their buyer, and   have a written agreement or acknowledgment and have a signed NCNDA with their buyer 

• Respect for refinery and title-holder protocols

Failure to meet these standards may result in disengagement.

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