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Oil/russia: Intermediary Vs. Trader

The law of the sea.

Oil/russia: Intermediary Vs. Trader

Postby newyddilyn60 » Wed Nov 02, 2016 10:16 am

Hello

for methodological reasons(writing an article) I look for a definition of oil trader and intermediary company. Are there any differences - esspecially with regard to Russian oil/products tratedrs/intermediaries. Are there any specifics of Russian oir trading distinguishing this bussiness from other or no?

thanks
newyddilyn60
 
Posts: 56
Joined: Sat Apr 02, 2011 1:46 am

Oil/russia: Intermediary Vs. Trader

Postby Ewart » Wed Nov 02, 2016 11:57 am



Dear Agata-

Unless the Agent works for the Russian oil company as an employee or mandated agent-FOR WAGES,  then in fact anyone can become an intermediary  Buyer/selling of  any goods they wish to trade in  so long as the laws in their own country dissallows such practices(rare)- "HELLO I AM THE RUSSIAN AGENT OF GAZPROM" means they represent Gazprom acting on behalf of their disclosed principal, and must work under their intrucions"

"HELLO I AM FTN EXPORTING  BUYER/SELLER of RUSSIAN  GRUDE OIL"  defines I am a trader working on behalf of an undisclosed principal , thus I work as my own boss"

I am an intermediary-

"Hello  I am Gazprom"- means you are talking to a disclosed "Principal" and owner in possession of goods-

A RUSSIAN  OIL TRADER  working privatly is just that - An intermediary- a Seller is a intermediary , a Buyer is an Intermediary , a private broker or agent  are Intermedioares- a private person attempting to mediated beween two  principals,  is an intermediary- BECAUSE- IN GENERAL  "EXPORTABLE" GOODS APPLY INTERNATIONAL LAWS ONCE THE GOODS LEAVE THE WHARF OF LOADING  crossing over the ship rails in such a port - then in fact  although the ship is still in loading port country, the goods are "owed" by the buyer is implied in most cases-

Thus because 'POSSESSION OF GOODS ' MUST END UP IN THE HANDS OF THE END BUYER , AND BECAUSE THE INTERMEDIARY CAN ONLY DEAL IN TITLE  DELIVERY DOCUMENTS and  NOT POSSESSION OF GOODS THE DIFFERENCE NOW BECOMES APPARENT-

THE INTERMEDIARY CAN ONLY DEAL IN DELIVERY ' TITLE" DOCUMENTS - UNDER ICC PARIS FRANCE , INTERNATIONAL RULES OF AGENCY - THE TERM BUYER OR SELLER CAN MEAN  THE SUPPLIER, THE END BUYER , OR THE POSITION OF THE INTERMEDRY  BUYER/SELLER- HENCE THE CONFUSION-

A BUYER BUYING TITLE TO GOODS FOR RESELLING COULD imply to be   ANYONE - AND DOES NOT SIMPLY MEAN  END BUYER TAKING POSSESSION AND TITLE OF GOODS   OR SUPPLIER  ISSUING TITLE OF GOODS THEY HAVE POSSESSION OR OWN-

Thus the intermediary is defined specifcally as a person who deal in  the "Title" part of of goods-

RUSSIAN OIL TRADER- BY ITS MEANING MEANS ' BUYER AND SELLER" OF CRDUE OIL- HE IS BUYING  FROM THE SUPPLIERS IN POSSESSION  AND RESELLS TITLE TO HIS END BUYER TAKING POSSESSION OF GOODS-

MANY RUSSIAN OIL TRADERS EXISTS- IN FACT SO MANY DON'T KNOW WHAT THEY ARE DOING AND HAVE NO CRUDE OIL SUPPLIERS- TRANSNEFT, SIBNEFT AND OTHERS, AMONG THEIR BUSINESS dealings,  ARE THE MANDATED  AGENCY BRANCH OR ASSOICATES  OF GAZPROM- THUS IF YOU CANNOT BUY SUCH OIL FROM GAZPROM BUT ITS AUTHORIZED AGENTS- GUNVER IS A OIL TRADERS - THE HAVE ACCES TO RUSSIAN FUEL , BUT THEY ARE PRIVATE TRADERS AND UNLIKE MANDATED AGENTS THEY BUY AT SUPPLIER TERMS BUT CAN RESELL AS SELLER AT THEIR OWN TERMS AND CONDITIONS-..ETC..ETC..

ANYONE CAN BE A OIL TRADER  BUYER/SELLER BUT VERY FEW ARE GEUINE TRADERS OF SUCH GOODS- VERY VERY FEW- Only very experienced traders can become mandated agents of a principal

I HOPE THE ABOVE HELPS DAVIDE GIOVANNI PAPA

WWW.FTNEXPORTING.COM  
Ewart
 
Posts: 40
Joined: Sat Feb 01, 2014 12:32 pm

Oil/russia: Intermediary Vs. Trader

Postby Helmutt » Fri Nov 04, 2016 1:37 am

Hello

for methodological reasons(writing an article) I look for a definition of oil trader and intermediary company. Are there any differences - esspecially with regard to Russian oil/products tratedrs/intermediaries. Are there any specifics of Russian oir trading distinguishing this bussiness from other or no?

thanks
Helmutt
 
Posts: 48
Joined: Tue Feb 11, 2014 6:52 am


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