Purchase of approximately one million barrels (1.0MMB) of US produced sour crude oil for the strategic petroleum reserve
Ended Definitive Contract Awarded Last action
- Contract number
- 89243526CCR000074
- Awardee
-
Trafigura Trading LLC UEI C7NMRAZG8KJ3
- Awarding agency
-
Office of Fossil Energy
Department of Energy
- Obligated
- $36,981,906
Award facts
- Opportunity
-
- Crude Oil Purchase Solicitation · 89243525RCR000033 · Posted Oct 21, 2025
- Contract value 100% obligated
- $36,981,905.67 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Office of Cyber Security Department of Energy
- NAICS code
- 424720 Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
- PSC
- 9140 Fuel Oils
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 6 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Freeport, TX 77541, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$215,994 | |
| Original award | $37,197,900 |
About this award
The Department of Energy Office of Fossil Energy awarded a definitive contract to Trafigura Trading LLC for the purchase of approximately one million barrels of US-produced sour crude oil for the Strategic Petroleum Reserve on November 5, 2025, at a ceiling value of $36,981,905.67.
The contract is firm fixed price with no set-aside. Place of performance is Freeport, TX. The originating solicitation, posted October 21, 2025 with a due date of October 28, 2025, sought sour crude oil meeting US production requirements for Strategic Petroleum Reserve replenishment. Ultimate completion is January 31, 2026. The current modification deobligates excess funds and closes the contract.
Quick answers
Who was awarded contract 89243526CCR000074?
89243526CCR000074 was awarded to Trafigura Trading LLC by Office of Fossil Energy (Department of Energy) on November 5, 2025.
How much is contract 89243526CCR000074 worth?
The government has obligated $36,981,906 on 89243526CCR000074.
Which agency awarded contract 89243526CCR000074?
Office of Fossil Energy (Department of Energy) awarded 89243526CCR000074, with funding from Office of Cyber Security (Department of Energy).
Was contract 89243526CCR000074 competed?
The extent of competition for 89243526CCR000074 was full and open competition. The government received 6 offers.
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