General Terms and Conditions

The ADNOC Sales Contract comprises two parts: 

1. The Sales Confirmation which details the commercial terms agreed between a seller and buyer; and

2. The General Terms and Conditions with Annexes which are incorporated by reference in the Sales Confirmation. 

ADNOC Marketing, Supply & Trading General Terms and Conditions for Sale of Crude Oil, Condensate & LPG (Version 2020)
Applicable for FOB, CFR, and CIF deliveries.