Part 2: What Is “FOB Jurong” in EN590 Trading?
The Misconception Behind Singapore-Origin Diesel In the international oil trading world, you may come across offers claiming “FOB Jurong” EN590 10ppm diesel. At first glance, this sounds legitimate — Singapore is, after all, a renowned oil hub. But here’s the critical truth: FOB Jurong for EN590 is almost never real — and understanding why requires a closer look at how Singapore’s oil sector actually works. Understanding “FOB” in Oil Trading “FOB” (Free On Board) means the seller bears all costs and risks until the product is loaded onto the buyer’s nominated vessel at the named port — in this case, Jurong Port. The buyer is then responsible for shipping, insurance, and offloading. So when someone offers EN590 diesel FOB Jurong, they are essentially claiming: The cargo is already in Singapore, and The seller has full control over it, ready to load upon payment or inspection. But this is where things fall apart. Singapore Refineries: Not an EN590 Source Singapore is home to some of the world’s largest and most advanced refining complexes, including: ExxonMobil Singapore Refinery (Jurong Island) Shell Pulau Bukom Refinery SRC (Singapore Refining Company) However, these refineries: Primarily focus on marine fuels (e.g. VLSFO, MGO), jet fuel, and naphtha. Do not commercially export road-grade EN590 diesel to general spot buyers. Sell only under strict offtake agreements to major oil companies and licensed bunker traders. ✅ These refineries do not deal with brokers in the open market, nor do they “hold diesel in Jurong tanks” waiting for unknown buyers to lift. So Where Does Real EN590 Come From? Legitimate EN590 typically originates from: Russia (via Primorsk, Novorossiysk) Kazakhstan (via Caspian ports or rail) UAE (Fujairah, Jebel Ali) India or Northern Europe These products are shipped via CIF (Cost, Insurance, Freight) terms to ports like Singapore, where licensed traders handle discharge, storage, or resale. If a seller claims the product is already in Singapore under FOB terms, ask: Who imported the cargo? Which vessel brought it in? Can we confirm tank number and terminal? Is there a valid, recent SGS or Intertek report? If they can’t answer, it’s likely a setup. Conclusion: Don’t Let the Jurong Name Fool You FOB Jurong offers sound appealing but rarely survive due diligence. In EN590 trading, Singapore is a logistics hub, not a diesel source. If there’s no verified origin, tank operator confirmation, or cargo title — it’s a red flag. At 1st Class Group, we only handle traceable CIF trades with refinery-origin verification and full transparency. We help buyers avoid costly mistakes and spot scams before they happen. 📩 Contact Us for Verified EN590 Trades Are you a buyer or seller looking for real, traceable EN590 10ppm diesel trades? Our team will verify counterparties, streamline negotiations, and protect you from common fraud risks. Email: export@firstclassgroup.sg WhatsApp: +65 8787 8953 Website: www.firstclassgroup.sg
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