Welcome to Hormoz Pasargad WebSite.

FOB (Free On Board)

“FOB: An abbreviation for Free On Board, a unit of delivery on the ship or ship’s deck at the origin. When the goods are placed on the ship’s deck, the seller has terminated the responsibilities related to the goods. From that point onwards, all costs and responsibilities related to transportation and loading are the buyer’s.”

EXW: Ex Works

EXW (Ex Works) is an abbreviation for the term meaning delivery at the point of origin or workplace, which, in the case of Pasargad Oil Company, refers to the factory gate.