OilDelivery

The physical delivery conditions for an oil product.

Nested view
Tree view

Field	Type	Description	Print form title	FFSM title	Properties	Conditions
Choice begin
Branch1
pipeline	OilPipelineDelivery	Specified the delivery conditions where the oil product is to be delivered by pipeline.			1-1, mre
Branch2
transfer	OilTransferDelivery	Specified the delivery conditions where the oil product is to be delivered by title transfer.			1-1, mre
Choice end
importerOfRecord	PartyReference	Specifies which party is the Importer of Record for the purposes of paying customs duties and applicable taxes or costs related to the import of the oil product.			0-1
Choice begin
Branch1
absoluteTolerance	AbsoluteTolerance	Specifies the allowable quantity tolerance as an absolute quantity.			1-1, mre
Branch2
percentageTolerance	PercentageTolerance	Specifies the allowable quantity tolerance as a percentage of the quantity.			1-1, mre
Choice end

Collapse All | Expand All

OilDelivery

Selecting one of variants:

pipeline(OilPipelineDelivery)

	Specified the delivery conditions where the oil product is to be delivered by pipeline.

pipelineName(CommodityPipeline)

The name of pipeline by which the oil product will be delivered.

withdrawalPoint(CommodityDeliveryPoint)

The location at which the transfer of the title to the commodity takes place.

entryPoint(CommodityDeliveryPoint)

The point at which the oil product will enter the pipeline.

deliverableByBarge(boolean)

Whether or not the delivery can go to barge. For trades documented under the ISDA Master Agreement and Oil Annex, this should always be set to 'false'.

risk(CommodityDeliveryRisk)

Specifies how the risk associated with the delivery is assigned. For trades documented under the ISDA Master Agreement and Oil Annex, this presence of this element indicates that the provisions of clause (b)(i) of the ISDA Oil Annex are being varied.

cycle(CommodityPipelineCycle)

	The cycle(s) during which the oil product will be transported in the pipeline.

transfer(OilTransferDelivery)

	Specified the delivery conditions where the oil product is to be delivered by title transfer.

applicable(boolean)

Indicates that the oil product will be delivered by title transfer. Should always be set to "true".

deliveryLocation(CommodityDeliveryPoint)

The location at which the transfer of the title to the commodity takes place.

importerOfRecord(PartyReference)

Specifies which party is the Importer of Record for the purposes of paying customs duties and applicable taxes or costs related to the import of the oil product.

Selecting one of variants:

absoluteTolerance(AbsoluteTolerance)

	Specifies the allowable quantity tolerance as an absolute quantity.

positive(decimal)

The maxmium amount by which the quantity delivered can exceed the agreed quantity.

negative(decimal)

The maximum amount by which the quantity delivered can be less than the agreed quantity.

unit(QuantityUnit)

The unit in which the tolerance is specified.

optionOwnerPartyReference(PartyReference)

Indicates whether the tolerance is at the seller's or buyer's option.

percentageTolerance(PercentageTolerance)

	Specifies the allowable quantity tolerance as a percentage of the quantity.

postitive(RestrictedPercentage)

	The maximum percentage amount by which the quantity delivered can exceed the agreed quantity.
	[0;1]

negative(RestrictedPercentage)

	The maximum percentage amount by which the quantity delivered can be less than the agreed quantity.
	[0;1]

option(PartyReference)

Indicates whether the tolerance it at the seller's or buyer's option.