How do I check a counterparty that uses SGS in a deal?

The term itself is not enough to clear or condemn a deal. What matters is the counterparty behind the pitch. Screen that name for free against 8 sanctions lists plus PEP and OilFlow's first-party cluster corpus in seconds, or order the full 7-step dossier for $25, and confirm identity documents and banking details independently before you transact.

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SGS

SGS — the largest third-party inspection company for physical oil cargoes.

SGS is the world's largest inspection company. In physical oil trade, SGS (or peers Intertek, Bureau Veritas, Cotecna) confirms quantity, quality, and documentation at the load port, discharge port, or both.

An SGS Q88 (vessel questionnaire) and quantity-quality certificate are non-negotiable for any serious cargo — LCs typically require SGS certificates as a payment document.

OilFlow's inspection-comparison parser extracts load-port vs discharge-port Q88 data with Claude Opus vision and flags quantity drift >0.5%.

Related: Q88, Intertek, B/L.

Frequently asked

What does SGS mean in oil and commodity trading?: SGS — the largest third-party inspection company for physical oil cargoes.
How do I check a counterparty that uses SGS in a deal?: The term itself is not enough to clear or condemn a deal. What matters is the counterparty behind the pitch. Screen that name for free against 8 sanctions lists plus PEP and OilFlow's first-party cluster corpus in seconds, or order the full 7-step dossier for $25, and confirm identity documents and banking details independently before you transact.