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ESPO Crude Oil

ESPO Crude

What is ESPO Crude?

ESPO stands for Eastern Siberia – Pacific Ocean, referring to a type of Russian crude oil extracted from East Siberian fields and transported via the ESPO pipeline to Pacific export ports, particularly Kozmino Port.

ESPO crude is considered one of the finest Russian crudes, competing with crudes like Brent, Dubai, and Murban in Asian markets.

Technical Specifications of ESPO Crude

Property Typical Value
API Gravity 35.6° – 36° (light crude)
Sulfur Content 0.56% – 0.62% (relatively "sweet" crude)
Color Honey-brown
Density at 15°C Approximately 0.845 g/cm³
Boiling Point ~210°C – 380°C
Water and Salt Content Low (meets export specifications)
Refinability Excellent (produces good quantities of gasoline and diesel)

Key Features of ESPO Crude

  • Sweet Light Crude
  • Highly demanded in Asia (especially China, Korea, Japan)
  • Faster delivery via Kozmino Port compared to Urals crude
  • Excellent refining specifications – produces clean fuel and high-value derivatives
  • Typically sold based on the Dubai Crude index + Premium (not Brent)

The difference between ESPO and Urals Crude (REBCO)

Element ESPO Urals (REBCO)
Origin East Siberia West Siberia + Urals
API Gravity 35.6° (lighter) ~31° (heavier)
Sulfur ~0.56% (lower) ~1.2% – 1.5% (higher)
Shipping Methods Kozmino Port – Pacific Ocean Novorossiysk Port – Black Sea
Main Market Asia Europe and Asia
Reference Price Dubai Crude Brent or Urals Blend

Shipping and Export

  • Shipped via Russia’s Kozmino Port on the Pacific Ocean.
  • Transported via the ESPO pipeline extending over 4,700 km.
  • Typically sold under FOB Kozmino or CIF terms to Asian ports.

Commercial Documents

  • LOI / ICPO
  • BCL / RWA
  • FCO – Full Corporate Offer
  • Q&Q Certificate – SGS/Intertek
  • POP – Proof of Product
  • SPA – Sales and Purchase Agreement
  • Bill of Lading B/L

Payment Methods

Method Description
SBLC – MT760 Irrevocable Standby Letter of Credit
DLC – MT700 Documentary Letter of Credit
TT – Direct Bank Transfer Partial advance payment upon shipment (as per contract)

Gopix – Your Commercial Broker for ESPO Crude Supply

At Gopix Global Trading, we provide:

  • Official price quotes within 72 hours
  • Direct shipping from Kozmino Port – Russia
  • Option for spot contracts or annual agreements
  • Full banking and legal support through our partners in Asia and Russia

Request a quote for Russian ESPO crude now:

Email: info@gopixtrade.com

WhatsApp: +966504275259

Fill out the following form

And one of our specialized consultants will contact you within 24 hours:

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