Frequently Asked Questions
Does PAG sell oil and gas products?
No. PAG Oil & Gas Facilitation does not sell, own, store, transport or guarantee oil and gas products. It provides governance-led facilitation, screening, compliance review, documentation coordination and transaction support for qualified parties.
What is PAiC’s role?
PAiC is the Gateway into the PAG Ecosystem. It manages initial engagement, commercial screening, opportunity assessment, relationship coordination and preliminary structuring.
What is ZMA’s role?
ZMA is the Gatekeeper. It conducts due diligence, compliance screening, sanctions review, AML/PEP review, commercial logic assessment, risk grading and transaction escalation authorisation where appropriate.
Can a buyer receive supplier documents immediately?
No. Buyer access to supplier documents depends on proper onboarding, KYC, proof of capability, compliance screening and transaction suitability. PAG does not casually circulate supplier documents.
Does PAG guarantee successful closing?
No. PAG does not guarantee closing. Final performance depends on buyer capability, seller capability, product availability, refinery acceptance, bank acceptance, compliance clearance, shipping availability and legally binding transaction documents.
Can a seller receive buyer documents immediately?
No. Seller access to buyer documents depends on verification, authority, product availability, compliance review and proper engagement documentation.
What products are covered?
Products may include crude oil, EN590 10ppm Euro 5 diesel, Jet Fuel A1, JP54, LNG, LPG, gasoline, marine fuel, fuel oil and petrochemical feedstock.
What is an NOC?
NOC generally refers to National Oil Company, usually a government-owned or government-controlled petroleum company involved in exploration, production, refining, export allocation or state petroleum trading.
What documents does a buyer need?
A buyer should generally provide LOI or ICPO, corporate KYC, certificate of incorporation, UBO disclosure, director ID, banking capability evidence, product specification, quantity, duration, Incoterm and destination port.
What documents does a seller need?
A seller should generally provide company documents, UBO disclosure, authority to sell, refinery or allocation evidence, export authority, product specification, inspection reports, past performance, logistics evidence and sanctions compliance declaration.