PlEase proviDe a quotation to the following requirement from importer -
ProduCt Name: Fuel
Specifications :
Type: Jet A1, D6
Jet A1-2 Million Barrels On Initial Lift With 2-4 Million Barrels On Monthly Contract
D6 200 Million Gallons On Initial Lift With 200-400 Million Gallons On Weekly Contract
Procedures
1. The Buyer Issue ICPO With His International Passport Copy (Data Page) To The Seller
2. The Seller Issues Commercial Invoice (CI) For The AvailaBle Quantity In The Seller’s Storage Tank To The Buyer. The Buyer Signs And Returns The CI to the Seller
3. The Seller Issues The Partial POP Documents As Below And Sends To The Buyer
A. Certificate of Origin
b. Authorization To Verify (ATV) In Person
c. Fresh SGS (Not Older Than 48 Hours)
d. Tank Storage Receipt (TSR) Valid For 4 Days
e. ATSC – Authorization To Sell And Collect
4. Within Twenty-four (24) Hours, Of Buyer Verifying The Fuel Buyer Issues 100% TT Wire Transfer Payment To The Seller. The Seller Transfers The Title Of Ownership To The Buyer
5. The Seller Pays Commissions To All The Intermediaries
Please provide a quotation to the following requirement from importer -
Product Name: D2 Diesel And Gas Oil L-02-62 GOST 305-82
Specifications :
Quantity: 50,000 Metric Tons per month
Maximum Quantity: 10,000,000 Metric Tons per month/weekly
Price: Gross $340.00 USD/$330.00 USD NET on CIF
Price: Gross $ 320.00 USD/$310 .00 USD NET on FOB
Diesel EN590 10PPM
Minimum Quantity: 50,000 Metric Tons per month
Maximum Quantity: 10,000,000 Metric Tons per month
Price: Gross $390.00 USD/$400.00 USD NET on CIF
Price: Gross $ 400.00 USD/$410.00 USD NET on FOB
HSD2 GAS OIL L-0.2-62 GOST 305-82 AGO (Automotive Gas Oil)
Minimum Quantity: 50,000 Metric Tons per month
Maximum Quantity: 10,000,000 Metric Tons per month
Price: Gross $150.00 USD/ $ 140.00 USD NET on CIF
Price: Gross $110.00 USD/$ 100.00 USD NET on FOB
Procedures: CIF Houston And Rotterdam
1. Buyer issues ICPO in accordance to Seller working procedure along with CPA of their
nominated vessel.
2. Seller issues S.P.A, Buyer countersigns and returns S.P.A
3. Seller lodge in S.P.A. with the Ministry in charge of Oil & Gas Export Control for Export Approval
to endorse Statement of Product Availability Certificate to Buyer all expenses on seller
4. Seller make 50% payment for buyers nominated shipping vessel as soon the vessel company
confirm seller payment Buyers make their 50% payment within48 hours
5. Seller bank release Proof of Product as listed below. -, -Bill of loading,
-Vessel Q88,
-shipping schedule stating the estimated time of departure, estimated time of arrival,
-Product Passport -Certificate of origin (representing the allocation and resources number,
reference number ofPOP, authority number, Name of loading port with contract number)
6. upon arrival of the vessel at Buyerâ??s discharge port, Buyer provides seller with their logistics
facility coordinates and necessary requirements to enable Buyerâ??s SGS/CIQ conduct DipTest.
7. Seller issues to Buyer Full DTA for immediate proceeding of inspection by Buyer's SGS/CIQ
Agent.
8. Seller's Bank issuing Full Proof of Product (FULL POP/CURRENT DATED SGS REPORT)
Buyer's bank pays the 100% of Total value of the product in Buyerâ??s storage tank by wire
transfer MT103 in accordance with the Sellerâ??s invoice and SGS/CIQ inspection report.
9. upon confirmation of the payment, Seller issues to the Buyer the title of ownership and all
Exporting documents and pays commission in accordance.
FOB Procedures:FOR Houston And Rotterdam
1) Buyer issues ICPO together with tank storage agreement (TSA) upon acceptance of seller
offers.
2) The seller issues a commercial invoice (CI) for the available quantities on the ground to be
sold to the buyer.
3) Buyer signs and then return the commercial invoice with NCNDA/IMFPA signed by all buyer
groups with commission structures.
4) The seller issue an injection programming agreement (IPA), and for the seller, buyer, and
buyer logistics company all three parties sign and endorse the injection programming
agreement (IPA).
5) After successfully signing and sealing the (IPA) by all three parties, the seller issued the
following documents to the buyer.
(Three) 3 days unconditional dip test authorization (DTA)
Fresh uncut SGS Report( Non less down 24hrs)
Reservoir storage receipt with GPS Coordinates
Authorization to verify (ATV)
Injection report
Certificate of origin
Authorization to sell and collect (ATSC)
Buyer upon verification and confirmation of the product and the PPOP documents, order SGS to
conduct the dip test in the seller reservoir on buyer expenses.
6) Upon successful Dip Test, seller commences injection immediately into buyer tank and
issues buyer title of ownership certificate to be followed by all export documentation
7) The buyer makes payment by MT 103 or TT Wire transfer for the total product and lifts the product and seller pays all intermediaries involve in the transaction.
