PETROLEUM DIVISION
Petroleum Reselling
Welcome to AeroSmart Enterprise, a leading force in the petroleum reselling industry, offering a diverse array of high-quality fuel products to meet the dynamic needs of our clients. At AeroSmart Enterprise, we pride ourselves on being at the forefront of innovation, providing reliable and sustainable solutions in the energy sector.
Our Extensive Product Range:
- Jet A1: AeroSmart Enterprise understands the critical role of aviation fuel in the aerospace industry. Our Jet A1 product adheres to the highest international standards, ensuring optimal performance, safety, and efficiency for airlines and aircraft operators. Trust AeroSmart Enterprise to deliver Jet A1 fuel that meets and exceeds expectations.
- EN590 Diesel: AeroSmart Enterprise is your trusted source for EN590-compliant diesel, tailored to meet the stringent requirements of the European market. Our EN590 diesel is characterized by its high quality, cleanliness, and environmental responsibility. With AeroSmart Enterprise, you can rely on a consistent and premium supply of EN590 diesel for various applications.
- D6 Bunker Fuel: AeroSmart Enterprise extends its product line to include D6 bunker fuel, a heavy fuel oil used in industrial applications. Recognized for its high energy content, AeroSmart Enterprise’s D6 is the go-to solution for industries requiring robust and efficient fuel. Benefit from our commitment to quality assurance and experience the reliable performance of D6 from AeroSmart Enterprise.
Sustainability at the Core:
AeroSmart Enterprise goes beyond providing superior fuel products; we are dedicated to sustainability. Our initiatives include the promotion of cleaner-burning fuels, compliance with environmental regulations, and ongoing exploration of greener alternatives. By choosing AeroSmart Enterprise, you align with a partner committed to a more sustainable and environmentally conscious energy future.
Tailored Solutions for Our Clients:
AeroSmart Enterprise’s customer-centric approach revolves around understanding the unique requirements of our clients. Whether you operate in aviation, logistics, or heavy industries, AeroSmart Enterprise customizes its services to meet your specific fuel needs. Expect transparent communication, reliable deliveries, and a steadfast commitment to excellence when you partner with AeroSmart Enterprise.
Choose AeroSmart Enterprise for a comprehensive range of petroleum products that adhere to international standards, backed by a dedication to sustainability and customer satisfaction. Experience the synergy of innovation and energy with AeroSmart Enterprise – your trusted partner in the evolving landscape of fuel solutions.
Educational
What Is Platts?
Platts, established in 1909 by Warren C. Platt and now a division of S&P Global, is a global provider of energy and commodities information, offering benchmark price assessments. Covering diverse markets such as oil, natural gas, electricity, coal, petrochemicals, metals, and agriculture, Platts furnishes independent price assessments along with news, analysis, and data. Its services cater to a broad spectrum of customers, including traders, analysts, risk managers, producers, consumers, and governments. Platts plays a crucial role in the fuel industry, providing benchmark prices used as reference points for pricing physical and financial contracts, aiding buyers in informed decision-making and risk management.
What impact does Platts have on the pricing of fuel?
Platts pricing significantly impacts the downstream refined fuel sector, primarily by reflecting regional spot market prices. Beyond this, Platts offers forward market data for risk management and provides pricing and information related to biofuels. Platts fuel pricing regions, such as Gulf Coast Pipeline, Gulf Coast Water, Los Angeles, Group 3, and NY Harbor, cover broad areas compared to rack pricing, which is specific to a city or metro area. For instance, a pricing example could be “Gulf Coast Water Platts + $.05,” indicating that the fuel will be purchased at 5 cents over the day’s average cost for a barge shipment from the Gulf Coast.
What is the process behind Platt Pricing?
Platts pricing operates through a methodology grounded in data collection, analysis, and collaboration with market participants. It prioritizes transparency, objectivity, and independence, serving as a reliable source of pricing information for market participants. This framework empowers fuel buyers to make informed decisions regarding when, how much, and at what price to purchase. Platts’ benchmark prices consider various factors influencing fuel prices, including regional supply and demand dynamics and transportation costs, reflecting the evolving market conditions. Additionally, market volatility, governmental policy changes, and unforeseen events can impact Platts pricing, leading to rapid price shifts in response to increased trading demand, even in the absence of alterations in underlying market fundamentals. The key steps in Platt’s pricing methodology include the following:
Data Collection:
Platts gathers pricing data extensively from various sources, including market participants, trade associations, industry reports, government agencies, and its own market intelligence.
Data Verification:
Ensuring accuracy and consistency, Platts conducts independent checks on pricing data, compares it with other sources, and cross-references it with market fundamentals.
Market Analysis:
Analyzing pricing data and market fundamentals, Platts identifies trends, supply and demand factors, and market drivers influencing the commodity’s price.
Consultation:
Engaging with market participants, Platts seeks feedback, validates pricing assumptions, and addresses concerns or issues to enhance the accuracy of its assessments.
Price Assessment:
Considering data, analysis, and consultation, Platts determines the benchmark price for a commodity that accurately reflects prevailing market conditions.
Publication:
Platts releases benchmark prices regularly, either daily or weekly depending on the market, accompanied by a detailed methodology report explaining the pricing process and assumptions.
PLATTS OIL PRICING AND MOC METHODOLOGY EXPLAINED
PLATTS PRICE ASSESSMENT PROCESSES & METHODOLOGY
Feel free to reach out to AeroSmart Enterprise, for any additional inquiries about procuring fuel. Our knowledgeable experts are ready to guide you through bulk fuel purchases, providing flexible options tailored to align with your business goals.
JET FUEL: SKY’S THE LIMIT
The World of Jet Fuels
Jet fuel, also known as Aviation Turbine Fuel (ATF) or Avtur, is specifically crafted for gas-turbine engine-powered aircraft. With a clear to straw-colored appearance, the widely utilized fuels in commercial aviation adhere to international standards, primarily Jet A and Jet A-1. Another variant, Jet B, finds use in civilian turbine-engine aviation for its enhanced cold-weather performance.
Aviation fuel or Jet fuel constitutes a blend of diverse hydrocarbons. Kerosene-type jet fuel, encompassing Jet A and Jet A-1, exhibits a carbon number distribution ranging from approximately 8 to 16 carbon numbers per molecule. On the other hand, wide-cut or naphtha-type jet fuel, including Jet B, spans between about 5 and 15 carbon numbers.
This specialized petroleum-based fuel, designated for powering aircraft, maintains a superior quality compared to fuels for less critical applications. Typically enriched with additives, aviation fuel mitigates risks such as icing or explosion due to high temperatures, distinguishing it from fuels used in heating or road transport.
Jet Fuel Around the Globe
In the realm of civil aviation, the United States adheres to the ASTM Specification for Aviation Turbine Fuels D 1655, which delineates the criteria for three distinct grades of fuel: Jet A, Jet A-1, and Jet B. Jet A is a kerosene-type fuel used extensively within the United States by both domestic and international airlines, while Jet A-1, virtually identical to Jet A, possesses a lower freeze point of -47 degrees C. Jet B, classified as a wide-cut type fuel, is rarely found in contemporary usage, with limited availability primarily in northern Canada due to its advantageous lower freeze point and higher volatility in cold weather.
The United Kingdom, although initially developing its jet fuel specifications for military purposes (D. Eng RD 2494), has since adopted DEF STAN 91-91 as the standard for its civil jet fuel. This specification aligns with Jet A-1 grade, featuring a maximum freeze point of -47 degrees C. While Jet A-1 under DEF STAN 91-91 closely mirrors its ASTM D 1655 counterpart, some areas exhibit a higher stringency.
The former Soviet Union, including Russia and CIS members, boasts a variety of kerosene-type jet fuels designated as T-1 to T-8, TS-1, or RT. TS-1, the principal grade in Russia, possesses distinctive characteristics, such as a low freeze point (equivalent to about -57 degrees C) and a low flash point (minimum 28 degrees C). Meanwhile, Eastern European countries have their own national standards, often resembling Russian standards but sometimes converging with Western Jet A-1 properties.
Chinese jet fuels, classified into five types, have undergone a rebranding, transitioning from numbered prefixes (RP-I, RP-2) to No 1 Jet Fuel, No 2 Jet Fuel, and so forth. These include kerosenes similar to Soviet TS-1, with varying freeze and flash points. RP-3 closely aligns with Western Jet A-1 and serves as an export-grade fuel.
On an international scale, the AFQRJOS checklist has emerged to address the complexities of jet fuel supply arrangements, incorporating the most stringent requirements of DEF STAN 91-91 and ASTM D1655 for Jet A-1. This checklist is recognized by major aviation fuel suppliers, including Agip, BP, ChevronTexaco, ExxonMobil, Kuwait Petroleum, Shell, Statoil, and Total, serving as the foundation for their international supply outside North America and the former Soviet Union.
Numerous other national specifications exist globally, often rooted in US, UK, or former Soviet standards, with ongoing efforts to harmonize discrepancies. Within the civil aviation sector, two main turbine fuels, Jet A-1 and Jet A, dominate usage, both falling under the category of kerosene-type fuels. Jet B, a wide-cut kerosene blend, is seldom utilized except in extremely cold climates.
In contrast, military jet fuels, such as Jet-4, Jet-5, and Jet-8, incorporate corrosion inhibitors and anti-icing additives, meeting specific military specifications. JP-9 and JP-10 serve as gas turbine fuels for missiles, each with distinct compositions.
It is essential to dispel misconceptions surrounding “JP54,” as it is not a recognized trading product. Airlines procure Aviation fuel A1 with varying specifications, often adhering to the Colonial Grade 54. Platts, through its Jet Fuel Price Index, calculates spot prices using proprietary daily assessments, regional baskets, and a Global Composite Index, reflecting market changes since the base year of 2000.
SPECIFICATIONS
JET A-1
JET FUEL/ (JET A-1)
Jet fuel, also known as Aviation Turbine Fuel (ATF) or Avtur, is specifically formulated for gas-turbine engines in aircraft. It typically has a clear to straw-colored appearance. The prevalent choices for commercial aviation are Jet A and Jet A-1, both meeting standardized international specifications. Notably, only 8% of crude oil constitutes Jet fuel during the refining process. This specialized fuel undergoes a refining process to meet stringent international standards, ensuring its compatibility with various aircraft engines. Jet A and Jet A-1, the most widely utilized variants, play a pivotal role in powering commercial flights globally. Despite its essential role, Jet fuel still only represents a mere 8% of the crude oil composition during the refining stage, highlighting its unique extraction and manufacturing process in the petroleum industry.
Kindly access the link to view general specifications for Jet A-1 fuel. Keep in mind that these specifications serve as guidelines, and variations may occur based on factors like location, crude oil variations, and other variables. Always consult the refinery’s published specifications and your Q&Q analysis testing results for accurate information.
EN590 DIESEL (10PPM) ULSD
EN590 (10PPM ULSD) was implemented concurrently with the European emission standards. Across its various updates, EN 590 has been adjusted to reduce the sulfur content in diesel fuel. Since 2007, it has been referred to as ultra-low sulfur diesel (ULSD), reflecting the absence of sulfur’s previous role as a lubricant. This evolution aligns with the ongoing commitment to environmental standards, reflecting a concerted effort to minimize the environmental impact of diesel fuel. Ultra-low sulfur diesel (ULSD), with its reduced sulfur content, not only adheres to stringent regulations but also contributes to improved air quality and reduced emissions from diesel-powered vehicles. The shift away from sulfur’s lubricating function underscores the industry’s dedication to both efficiency and environmental responsibility.
Kindly access the link to view general specifications for EN590 10PPM USLD. Keep in mind that these specifications serve as guidelines, and variations may occur based on factors like location, crude oil variations, and other variables. Always consult the refinery’s published specifications and your Q&Q analysis testing results for accurate information.
D6 VIRGIN FUEL OIL/BUNKER OIL
D6, alternatively referred to as Residual Fuel Oil, possesses high viscosity and necessitates preheating within the range of 220 to 260 degrees Fahrenheit. Primarily employed in generators, D6 represents a residual fuel type utilized in power plants and larger vessels, requiring preheating prior to use. This high-viscosity fuel, D6, finds widespread application due to its suitability for power generation purposes. Its usage extends to power plants and larger maritime vessels, where the preheating process is crucial for efficient combustion. The reliance on D6 underscores its role as a resilient and versatile energy source, catering to the specific demands of generators and sizable marine engines.
Kindly access the link to view general specifications for Virgin D6 Fuel Oil. Keep in mind that these specifications serve as guidelines, and variations may occur based on factors like location, crude oil variations, and other variables. Always consult the refinery’s published specifications and your Q&Q analysis testing results for accurate information.