About Us

Company information

Official facts about Billman Midstream Trading: who we are, what we do, what we trade, where we are and how to reach us.

Fact sheet

Company facts

Billman Midstream Trading LLC is an independent oil and gas procurement and trading firm, founded in 2024 and registered in Erie, Pennsylvania, United States.

Company name
Billman Midstream Trading
Legal name
Billman Midstream Trading LLC
Founded
2024
Registered office
502 W 7th St, Suite 100, Erie, PA 16502, United States
Industry
Physical oil and gas trading: procurement, brokerage and the coordination of logistics and trade finance
Chief Executive Officer
Paul Billman
Delivery terms
FOB, CFR, CIF and DAP under Incoterms 2020
Transport coordinated
Ocean tanker, pipeline, rail tank car and road tanker
Official website
billmanmt.com
Corporate profile
Corporate Profile

What we do

Business activities

Procurement, brokerage, logistics and payment handled as one chain, with one accountable lead on every transaction.

Oil and Gas Trading

Procurement of crude oil, natural gas, refined products and LNG from verified suppliers for commercial buyers, with market analysis, risk management, transportation and logistics, and asset management.

Finance

Coordination of payment structures, documentation and settlement between buyers, sellers and their banks: documentary and standby letters of credit, cash against documents and escrow. Project finance support for storage, terminal and other energy infrastructure sponsors.

Brokerage Services

Introductions between qualified buyers and verified sellers of crude oil, refined products and gas, managed from first inquiry to settlement under written confidentiality and fee agreements. Intermediaries with written authority can register as mandates.

What Billman is not. Billman Midstream Trading is not a bank, a lender or an investment adviser, and it does not own or operate terminals, vessels or pipelines. It selects and coordinates the carriers, terminals and inspectors for each cargo.

Questions

Questions about the company

What is Billman Midstream Trading?

Billman Midstream Trading LLC is an independent oil and gas procurement and trading firm, founded in 2024 and registered in Erie, Pennsylvania, United States.

What does Billman Midstream Trading do?

It sources crude oil, refined products and gas for commercial buyers, then coordinates the brokerage, logistics and payment steps that carry each cargo from seller to delivery point. Its service lines are Oil and Gas Trading, Finance and Brokerage Services.

What industry is Billman Midstream Trading in?

Physical oil and gas trading. The company works only in physical oil and gas: procurement, brokerage, and the coordination of logistics and trade finance for each cargo.

What products does Billman Midstream Trading handle?

Crude oil, natural gas, ultra-low sulphur diesel, gasoline, jet fuel (Jet A-1), LNG, and LPG (propane and butane), each contracted to a recognised specification. Availability depends on supplier programs at the time of inquiry.

Who does Billman Midstream Trading work with?

Commercial buyers of oil and gas; producers, refiners and title holders; terminal operators and carriers; authorised intermediaries; and sponsors of storage, terminal and other energy infrastructure projects.

Where does Billman Midstream Trading operate?

The company's registered office is in Erie, Pennsylvania, United States. It arranges international cargoes under Incoterms 2020 delivery terms (FOB, CFR, CIF and DAP), moved by ocean tanker, pipeline, rail tank car and road tanker.

Does Billman Midstream Trading own terminals, vessels or pipelines?

No. Billman does not operate terminals, vessels or pipelines. It selects carriers and terminals that run theirs safely and coordinates them on one schedule for each cargo.

Is Billman Midstream Trading a bank or lender?

No. Billman Midstream Trading is not a bank, a lender or an investment adviser. It structures and coordinates payment; regulated banks and financiers provide the funds.

How can I contact Billman Midstream Trading?

By telephone on +1 (814) 204-2623, by WhatsApp on +1 (330) 871-9836, by email at info@billmanmt.com, or through the inquiry form on the Contact Us page. The registered office is 502 W 7th St, Suite 100, Erie, PA 16502, United States.

Glossary

Terms used on this website

Standard trade terms that appear in our services, documents and contracts.

Incoterms 2020
Rules published by the International Chamber of Commerce that set out who arranges and pays for transport, insurance and export clearance, and where risk passes from seller to buyer.
FOB (Free On Board)
The seller delivers the cargo on board the vessel the buyer nominates at the named port of loading. Risk passes to the buyer once the cargo is on board; the buyer arranges freight and insurance.
CFR (Cost and Freight)
The seller delivers on board at the port of loading and pays the freight to the named destination port. Risk passes to the buyer at loading.
CIF (Cost, Insurance and Freight)
As CFR, with the seller also arranging marine cargo insurance for the voyage.
DAP (Delivered at Place)
The seller bears the cost and risk of bringing the cargo to the named destination, ready for unloading by the buyer.
ICPO
Irrevocable corporate purchase order: a buyer's formal written statement of intent to buy a product on stated terms. A letter of intent serves a similar purpose at inquiry stage.
KYC (Know your customer)
Verification of a counterparty's registration, ownership, directors and banking references before commercial terms are exchanged.
NCNDA
Non-circumvention, non-disclosure agreement: protects each party's contacts and information, and an intermediary's position, in a transaction.
Full corporate offer
The seller's firm written offer, stating product, specification, quantity, price basis, delivery term and procedure.
Sale and purchase agreement
The contract that fixes price basis, schedule, inspection and payment for a cargo or a supply program.
Documentary letter of credit
A bank's undertaking, issued at the buyer's request, to pay the seller when shipping documents that comply with the credit's terms are presented.
Standby letter of credit
A bank's undertaking to pay if the buyer does not, used alongside open-account or cash-against-documents terms.
Cash against documents
Payment by bank transfer when the agreed shipping documents are released to the buyer.
Escrow
Funds held by a regulated third-party agent and released when the contract conditions are met.
Bill of lading
The document a carrier issues for cargo loaded on board. It evidences the contract of carriage and serves as a document of title.
Certificates of quality and quantity
Reports issued by an independent inspection company that samples, tests and measures the cargo at loading.
Demurrage
Compensation owed to the shipowner when a vessel is kept beyond the agreed time for loading or discharge.
MMBtu
One million British thermal units: the usual unit for pricing natural gas and LNG.
API gravity
An American Petroleum Institute scale of how heavy or light a crude oil is compared with water; part of a crude oil assay.
Mandate
An intermediary who holds written authority from a buyer or a seller to act for them in a transaction.

Tell us what you need to buy, sell or move.

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Speak with us+1 (814) 204-2623
info@billmanmt.com

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