re: announcement mauritania - 618 hedging ROC Oil in their 2005 AGM present 2 slides about thier forward selling and Put for a % of their production.
Where is it indicated by HDR that they would be responsible for shipping and delivery. I would have assumed they deliver to a tanker offshore. The custody transfer meters are on the FPSO and checked(proved) during the transfer to the Buyer tanker. This will be witnessed with a Buyer or 3rd party representative, as well as Govt representatives.
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japan courts mauritania for its oil, page-27
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