FIRM FIXED PRICENO SET ASIDE USED.

TRAFIGURA TRADING LLC - PURCHASE OF APPROXIMATELY ONE MILLION BARRELS (1.0MMB) OF US PRODUCED SOUR CRUDE OIL FOR THE STRATEGIC PETROLEUM RESERVE

PIID: 89243526CCR000074Solicitation ID: 89243525RCR000033

Signed Date: Nov 12, 2025Effective Date: Nov 5, 2025End Date: Closed on Jan 31, 2026

Award $

$37.2M

Vendor

TRAFIGURA TRADING LLC

NAICS

424720

Signed Date

Nov 12, 2025

Key Details

Dollars Obligated

$37.2M

Base & All Options

$37.2M

Awarding Agency

Department of Energy

Awarding Sub-Agency

Department of Energy

NAICS Code

424720 - PETROLEUM AND PETROLEUM PRODUCTS MERCHANT WHOLESALERS (EXCEPT BULK STATIONS AND TERMINALS)

Product Service Code

9140 - FUEL OILS

Extent Competed

FULL AND OPEN COMPETITION

Number of Offers

Place of Performance

FREEPORT, TX, 775413891, CD-TX-14

Description

PURCHASE OF APPROXIMATELY ONE MILLION BARRELS (1.0MMB) OF US PRODUCED SOUR CRUDE OIL FOR THE STRATEGIC PETROLEUM RESERVE

Context & Analysis

On Nov 12, 2025, Department of Energy obligated $37,197,900 to TRAFIGURA TRADING LLC for purchase of approximately one million barrels (1.0mmb) of us produced sour crude oil for the strategic petroleum reserve. The award is classified under NAICS 424720 — PETROLEUM AND PETROLEUM PRODUCTS MERCHANT WHOLESALERS (EXCEPT BULK STATIONS AND TERMINALS) and issued as a firm fixed price contract. Competition extent: full and open competition with 6 offers received. The procurement used a NO SET ASIDE USED. set-aside. Performance is located in FREEPORT, TX. This award is one of several similar procurements from Department of Energy under NAICS 424720 — related awards are listed below.