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BP Oil International Limited General Terms & Conditions for Sales And BP Oil International Limited General Terms & Conditions for Sales and Purchases of Crude Oil and Petroleum Products 2015 Edition BP OIL INTERNATIONAL LIMITED GENERAL TERMS & CONDITIONS FOR SALES AND PURCHASES OF CRUDE OIL AND PETROLEUM PRODUCTS 2015 EDITION Version 1.1 This version cancels and supersedes the first edition BP Oil International Limited General Terms & Conditions for Sales and Purchases of Crude Oil and Petroleum Products 2015 edition (the “First Edition GTCs”). Please disregard the First Edition GTCs. Any reference in the Special Provisions to BP Oil International Limited General Terms & Conditions for Sales and Purchases of Crude Oil and Petroleum Products 2015 edition shall be a reference to this Version 1.1. Page 1 CONTENTS PART ONE In respect of FOB Deliveries ............................................................................................... 6 Section 1 - Delivery ............................................................................................................... 6 Section 2 - Measurement and sampling, independent inspection and certification ............... 6 Section 3 - Risk and property ................................................................................................ 7 Section 4 - Laydays ............................................................................................................... 7 Section 5 - Nomination of Vessels etc .................................................................................. 8 Section 6 - Arrival of Vessel, Berth, loading etc. .................................................................. 10 Section 7 - Time allowed, delays and demurrage ................................................................ 14 PART TWO In respect of CFR and CIF deliveries ................................................................................ 18 Section 8 - Delivery ............................................................................................................. 18 Section 9 - Measurement and sampling, independent inspection and certification ............. 18 Section 10 - Risk and property ............................................................................................ 19 Section 11 - Laydays and Indicative Discharge Dates ......................................................... 20 Section 12 - Insurance ........................................................................................................ 21 Section 13 - Charter party conditions .................................................................................. 22 Section 14 - Nomination of Vessels, etc. ............................................................................ 23 Section 15 - Arrival of Vessel, Berth, discharge, etc. ........................................................... 26 Section 16 - Time allowed, delays and demurrage .............................................................. 29 PART THREE In respect of Ex Ship deliveries........................................................................................ 33 Section 17 - Delivery ........................................................................................................... 33 Section 18 - Measurement and sampling, independent inspection and certification .......... 33 Section 19 - Risk and property ............................................................................................ 34 Section 20 - Laydays ........................................................................................................... 34 Section 21 - Nomination of Vessels, etc. ............................................................................ 34 Page 2 Section 22 - Arrival of Vessel, Berth, discharge, etc. ........................................................... 37 Section 23 - Time allowed, delays and demurrage .............................................................. 40 PART FOUR In respect of deliveries by Barge (FOB, CFR, CIF, Ex Ship) ............................................ 44 Section 24 - Applicability ..................................................................................................... 44 Section 25 - Nominations in respect of FOB deliveries ....................................................... 44 Section 26 - Nominations in respect of CFR, CIF and Ex Ship deliveries ............................. 45 Section 27 - Laytime ........................................................................................................... 47 Section 28 - Demurrage claims in respect of FOB deliveries .............................................. 48 Section 29 - Demurrage claims in respect of CFR, CIF and Ex-Ship deliveries .................... 49 Section 30 - Notification of demurrage claims ..................................................................... 49 PART FIVE In respect of deliveries Ex Tank, Into Tank, In Situ (stock transfer), Free Into Pipeline ("FIP"), Ex Pipeline and DAP in Pipeline ............................................ 51 Section 31 - Nominations and delivery ................................................................................ 51 Section 32 - Measurement and sampling; independent inspection ..................................... 51 Section 33 - Risk and property ............................................................................................ 52 Section 34 - Other Conditions ............................................................................................. 53 PART SIX In respect of deliveries by Road Tanker (FCA, CPT, CIP, DDP or DAP) .......................... 54 Section 35 - Nominations in respect of FCA deliveries ........................................................ 54 Section 36 - Nominations in respect of CPT, CIP, DDP or DAP deliveries ........................... 55 Section 37 - Acceptance of Road Tanker(s) in respect of FCA deliveries............................. 56 Section 38 - Acceptance of Road Tanker(s) in respect of CPT, CIP, DDP or DAP deliveries ............................................................................. 56 Section 39 - Loading and discharge .................................................................................... 57 Section 40 - Measurement and sampling, independent inspection and certification ........... 57 Section 41 - Road Tanker(s) availability in respect of FCA deliveries ................................... 58 Section 42 - Road Tanker(s) availability in respect of CPT, CIP, DDP or DAP deliveries ....... 58 Page 3 Section 43 - Risk and property ............................................................................................ 59 Section 44 - Insurance ........................................................................................................ 59 Section 45 - Other conditions ............................................................................................. 59 PART SEVEN In respect of deliveries by Rail Tank Car (FCA, CPT, CIP, DDP or DAP) ......................... 61 Section 46 - Nominations in respect of FCA deliveries ........................................................ 61 Section 47 - Nominations in respect of CPT, CIP, DDP or DAP deliveries ........................... 62 Section 48 - Acceptance of Rail Tank Cars in respect of FCA deliveries .............................. 63 Section 49 - Acceptance of Rail Tank Cars in respect of CPT, CIP, DDP or DAP deliveries .............................................................................. 63 Section 50 - Loading and discharge .................................................................................... 64 Section 51 - Measurement and sampling, independent inspection and certification ........... 64 Section 52 - Rail Tank Cars availability in respect of FCA deliveries .................................... 64 Section 53 - Rail Tank Cars availability in respect of CPT, CIP, DDP or DAP deliveries ........ 65 Section 54 - Risk and property ............................................................................................ 65 Section 55 - Insurance ........................................................................................................ 66 Section 56 - Other conditions ............................................................................................. 66 PART EIGHT Applicable to each of Parts One, Two, Three, Four, Five, Six and Seven ..................... 67 Section 57 - Definitions and Interpretation .......................................................................... 67 Section 58 - Warranty of Title ............................................................................................. 72 Section 59 - Quality and claims in respect of quality/quantity .............................................. 72 Section 60 - Health, safety and environment ...................................................................... 73 Section 61 - Destination ...................................................................................................... 75 Section 62 - VAT/GST, customs, excise, mineral oil tax and other taxes, duties etc. ........... 75 Section 63 - Payment .......................................................................................................... 79 Section 64 - New and changed regulations, etc. ................................................................. 85 Section 65 - Force majeure, etc. ......................................................................................... 85 Section 66 - Limitation of liabilities .....................................................................................
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