Petroleum procedure guide

TTT, TTV, FOB, and CIF are not interchangeable petroleum routes.

Most broker-chain noise starts when buyer requirement, seller route, logistics capability, and procedure basis get mashed together because product keywords match. Pappy separates route fit before documents move.

Buyer route scorecardSeller route review

Houston TTT

Tank-to-tank requires credible receiving tank capability, terminal documentation logic, injection/lift mechanics, and procedure fit. It is not vessel export.

USGC TTV

Tank-to-vessel export requires vessel/lift planning, parcel feasibility, discharge logic, destination market fit, and buyer competence.

FOB

FOB buyers need storage, vessel, terminal rights, CPA/TSA/TSR where applicable, and authority to lift. No storage story means no route.

CIF

CIF programs depend on destination, discharge port, buyer authority, payment path, inspection terms, and realistic cadence.

First lift beats fantasy volume

A first executable tranche proves feasibility. Annual billion-dollar programs are noise until the first parcel can happen.

No sensitive docs first

Pricing, POP/PPOP, bank mechanics, seller identity, and protected procedures wait until qualification and approval.

What Pappy wants from buyers and sellers

  • Buyers: product/spec, first lift, total program, destination, route basis, receiving logistics, authority, timing, and funding path.
  • Sellers: product/spec, authority chain, delivery basis, origin/terminal logic, procedure summary, disclosure limits, and protection path.