
Purchase and sales
We purchase oil and oil products in partnership with selected sellers. We invite you to participate for the period up to 2028.
COVA purchases oil and oil products on a tendering basis. Current tenders are published on this page. Companies interested in participating in a tendering procedure can register for our framework agreement for selected sellers. These are pre-selected providers who meet the applicable rules. COVA will invite these selected sellers from time to time to submit tenders for specific purchases of crude oil, oil products or CSO tickets. Sellers taking part in the new framework agreement are not obliged to bid in future tendering procedures.
We work with a list of selected sellers for a period of four years at a time. The current period ends in 2028. It is therefore still possible to join this list for the remaining term in order to take part in tendering procedures in this period.
Framework tenders for the purchase of crude oil, oil products and CSO tickets
COVA invites tenders under two framework agreements (jointly referred to as framework agreements):
- Framework agreement for the purchase of crude oil and oil products
- Framework agreement for CSO-ticket.
This tendering procedure has been published on Tendernet.
COVA has concluded framework agreements with the following providers:
Purchase of crude oil and oil products
- Aseva N.V.
- BP Oil International Ltd.
- Glencore Energy UK Ltd.
- Gunvor SA
- Mabanaft Deutschland GmbH
- Mercuria Energy Trading SA
- Shell International Trading & Shipping Company Ltd.
- Shell Trading Rotterdam B.V.
- Total Petrochemical and Refining SA
- TOTSA TotalEnergies Trading SA
- Trafigura PTE Ltd.
- UniOil Supply A/S
- Varo Energy Marketing AG
- Vitol SA
CSO tickets
- Aseva N.V.
- BP Oil International Ltd.
- Glencore Energy UK Ltd.
- Gunvor SA
- Mabanaft Deutschland GmbH
- Mercuria Energy Trading SA
- Shell International Trading & Shipping Company Ltd.
- Shell Trading Rotterdam B.V.
- Total Petrochemical and Refining SA
- TOTSA TotalEnergies Trading SA
- Trafigura PTE Ltd.
- UniOil Supply A/S
- Varo Energy Netherlands B.V.
- Vitol SA
- Vitol Netherlands B.V.
Storage capacity
The rent or purchase of storage capacity is assessed on a case-by-case basis and is exempt from tendering rules. When procuring storage capacity, COVA checks whether the storage location meets the statutory requirements and considers the storage facility holder’s reputation, (robust) financial situation and insurance position. During the storage period, we have a risk assessment carried out every four years at the storage terminals we rent.
Our General Terms and Conditions
What do we find important in our contracts? All contracts with our partners refer to COVA’s General Terms and Conditions. We have terms and conditions for storage, purchase or sale. These General Terms and Conditions (GT&C) are available only in English. Below are the most recent versions of our three sets of GT&C:
- GT&C’s for the Storage of crude oil & oil products
- GT&C’s for the Purchase of crude oil & oil products
- GT&C’s for the Sale of crude oil & oil products