"Petrolodex has purchased petroleum products from verified refineries and producers across Iraq, Libya, Nigeria, and Singapore. Every transaction ran under a binding contract with payment settled directly upon delivery. No broker chains. No withheld funds. One buyer. Full accountability."
Step 1
Supply Partner Qualification and Source Verification
To trade with Petrolodex as a supply partner, complete the Supply Partner Application and confirm your product source. Refineries, national oil companies (NOCs), storage terminals, and vessel operators are all eligible. Legal counsel documentation confirming your authority to sell or assign the specified volumes is required alongside your application.
Petrolodex runs full counterparty due diligence on every supply partner before any agreement is signed. We verify company registration, product title or allocation rights, and compliance status against AML, KYC, and international sanctions screening requirements.
All transactions use internationally recognized trade finance instruments: Letters of Credit (LC / DLC), Standby Letters of Credit (SBLC) via SWIFT MT760, and authenticated SWIFT messages including MT103, MT199, and MT799. Full AML, KYC, and trade finance compliance applies to every deal. Petrolodex is the buying principal in every transaction.
The Result: Once qualified, your offer goes to our procurement and compliance teams for review against active sourcing requirements. All commercial, legal, and financial communication runs directly between your team and ours. One counterparty. Full accountability.