Company profile
Who we are, what we source and how we govern the work, in one document for counterparties, banks and partners.
Corporate Profile
Oil and gas procurement, trading coordination, tank storage and shipping.
We stand between the buyer and the seller of a petroleum cargo, and we stay with it until it is delivered.
North Pacific Energy is a Delaware limited liability company formed in 2014. We find supply for commercial buyers and coordinate the steps between an agreed deal and a delivered cargo.
This profile sets out who we are, what we source and how we govern the work.
The company at a glance
A procurement intermediary. We bring buyer and seller together and coordinate the cargo to delivery.
- Company name
- North Pacific Energy
- Entity type
- Limited liability company
- Jurisdiction
- State of Delaware, United States
- State file number
- 5567762
- Date of formation
- October 22, 2014
- General Director
- Brandon Rodriguez
- Registered address
- 1209 Orange Street, Wilmington, DE 19801
- Principal activity
- Oil and gas procurement and trade coordination
Lines of service: trading, tank storage and shipping
Products sourced on request, in six groups
Website languages: English, Spanish and French
Three services under one coordinator
Oil and gas trading
We match buyers with sellers we have screened, support the negotiation and keep both sides working from the same information.
Tank storage
We arrange access to third-party terminals for short or long periods and coordinate receipt, transfer and inventory with the operator.
Shipping
We line up the vessel, the loading window and the cargo documents with the seller, the terminal, the carrier and the buyer.
Oil and gas trading
Our role in a trade
Buyers reach supply they can rely on. Sellers reach buyers who can perform.
Connecting buyers to verified sellers
We identify supply that fits the requirement, carry out preliminary verification and introduce the parties once both have been checked.
Market access
Relationships with suppliers, logistics partners and other market participants let us find product and routes a single buyer may not reach alone.
Transaction coordination
We carry communication between the sides, support the negotiation and see that each party has what it needs for the next step.
Thirteen products in six groups
We source on request. Price, quantity and specification are fixed in the sales contract.
- Diesel EN 590 10 ppm
- Diesel Gas Oil 50 ppm
- Marine Gas Oil
- Light Cycle Oil
- Gasoline RON 98
- Gasoline RON 95
- Gasoline RON 92
- Jet Fuel A1
- Virgin Fuel Oil D6
- Bitumen
- LNG / LPG
- Methanol
- Crude Oil
Trade terms and documents
| Term | Seller delivers | Carriage | Insurance | Risk passes |
|---|---|---|---|---|
| FOBFree On Board | On board at the loading port | Buyer | Buyer's choice | On board at the loading port |
| CFRCost and Freight | On board at the loading port | Seller | Buyer's choice | On board at the loading port |
| CIFCost, Insurance and Freight | On board at the loading port | Seller | Seller, minimum cover | On board at the loading port |
| DAPDelivered at Place | At the named destination | Seller | Seller bears transit risk | On arrival |
A summary of the Incoterms® 2020 rules published by the International Chamber of Commerce. The contract and the ICC text govern.
With an enquiry
- Company name and registration details
- Product and specification
- Quantity and frequency
- Destination port and Incoterm
- Delivery window
With a cargo
- Commercial invoice
- Bill of lading
- Certificates of quality and quantity
- Certificate of origin
- Cargo manifest and ullage report
Storage and shipping
Tank storage
Storage gives a trade room to work: time to complete inspection, assemble a cargo or wait for a vessel.
Access and terminal coordination
Access to terminals suited to the product, for short or long periods, with liaison to the terminal's operations team.
Product handling and inventory
Coordination of receipt, transfer and tank allocation, with inventory records through the storage period.
Link to the supply chain
Storage planned around the trade's dates, with one line of communication for seller, terminal, carrier and buyer.
Storage is provided by third-party terminal operators under their own contracts.
Shipping
A sea shipment runs in a fixed order. We follow each stage with the parties responsible for it. Transport is provided by third-party carriers.
Vessel and loading window
The vessel is nominated and a window agreed with the terminal.
Loading
Product moves from shore tank to ship. Quantity and quality are certified.
Documents
The bill of lading and cargo documents are issued and sent on.
Voyage and discharge
The vessel arrives, berths and discharges into the buyer's tanks.
Who does what
Five parties handle a cargo between source and market. Our part is the coordination that runs beneath all five.
Seller
Supplies the product and its quality certificate.
Terminal operator
Receives, stores and handles the product.
Carrier
Loads the cargo and carries it by sea.
Discharge port
Berths the vessel and receives the cargo.
Buyer
Takes delivery and pays under the contract.
North Pacific EnergyCoordination, scheduling and document follow-up across every handover
Responsibility and governance
Three commitments
Responsible procurement
We work with reputable suppliers and qualified partners, and we check counterparties before we introduce them.
Ethical partnerships
Trust and transparency come first in every business relationship.
Environmental care
We support practices that improve efficiency and reduce waste in the supply chain.
Where our influence on the environment sits
Partner selection
Terminal operators and carriers qualified for the product and subject to the environmental rules of their trade.
Efficient logistics
Storage and shipping planned together, to cut waiting time, repeat handling and unnecessary movements.
Product integrity
Careful coordination of transfers, to reduce the risk of contamination and loss.
Four principles
Integrity
We deal honestly and fairly, and describe our role and our counterparties accurately.
Compliance
We pay close attention to the regulatory requirements, operational risks and commercial obligations of each trade.
Transparency
We keep clear channels of communication with every party.
Responsible supply
We work with reputable industry participants and support responsible procurement practice.
Brandon Rodriguez
General Director
- Company name
- North Pacific Energy
- File number
- 5567762
- Formed
- October 22, 2014
Verification before introduction
Before buyer and seller are introduced, we carry out preliminary verification of who each party is and whether it has authority to act.
Verify us
Our registration can be checked in the entity search of the Delaware Division of Corporations: icis.corp.delaware.gov
Represent us in your market
We work with experienced oil and gas professionals who introduce qualified buyers in the markets they know. Terms of representation are agreed in writing before any introduction is made.
Contact
- info@northpacificenergy.com
- Phone
- +1 (302) 276-8050
- Website
- northpacificenergy.com
- Registered address
- 1209 Orange Street, Wilmington, DE 19801, United States
© North Pacific Energy. Delaware file number 5567762.