Specifications :
Note: Looking For Direct Sellers It Will Be Ok, These Are Governments And Will Never Deal With Third Parties
HS Code: 271019
Packaging Terms : Customized
Please provide a quotation to the following requirement from importer -
Product Name: Diesel En590 10ppm
Specifications :
Price $490-500 Gross Mt
Origin: Non-sanctioned
1. Soft Offer & Contract Execution
1.1 Buyer Reviews And Accepts Sellers Soft Corporate Offer (SCO).
1.2 Seller issues Commercial Invoice (Cl).
1.3 Buyer signs and returns CI with full KYC documentation:
Company Registration
Passport Copy (authorized Signatory)
Banking Details
2. Appointment Of Escrow Institution
2.1 Seller Nominates A Licensed International Escrow Institution (eu / Usa Or Mutually Agreed). 2.2 Escr
Ow Account Shall Be Opened In Usd / Eur.
2.3 All Parties Execute A Tripartite Escrow Agreement(buyer ? Seller ? Escrow Agent).
3. Performance Securitydeposit(5% / 5%)
3.1 Within Three (3) Banking Days Of Escrow Agreement Execution:
Buyer Deposits 5% Ofthe Contract Value Into Escrow As Payment Guarantee
Seller Deposits 5% Ofthe Contract Value Into Escrow As Performance Guarantee
3.2 Funds Remain Secured Under Escrow Control And Cannot Be Accessed Except In Accordance With Control
Actual Terms.
4. Default & Protection Mechanism
If Seller Fails To Deliver Or Provide Verifiable Product ? Seller?s 5% Is Released To Buyer
If Buyer Fails To Proceed & After Successful Verification ? Buyer?s 5% Is Released To Seller
Fuego Energy Llc
Po Box 137395
Fort Worth, Tx 76136
5. Proof Of Product (upon Confirmation Of Both Sides Deposits In Escrow, Seller Issue Pop In 48hours)
Tank Storage Receipt (tsr)
Sgs / Q&q Report (24-48 Hrs. Recent)
Injection Report
Authorization To Verify (atv)
Certificate Of Origin
Refinery Allocation Certificate / Commitment Letter
Product Passport (analysis Report)
Export Authorization / License
Certificate Of Title / Ownership
Statement Of Product Availability
6. Verification&tankcoordination
6.1 Buyer Verifies Pop Documents.
6.2 Buyer Coordinates With Seller For Tank-to-tank (ttt) Or Tank-to-vessel(ttv) Operations.
6.3 Seller Issues:
- Authorization To Inject (ati)
- Unconditional Dip Test Authorization (udta)
7. Physical Verification (dip Test)
7.1 Buyer Conducts Dip Test / Sgs Inspection At Seller?s Tank.
7.2 Verification Confirms Product Quantity And Quality.
8. Execution Of Ncnda/imfpa
Before The Injection Of Product The Seller Issues To The Buyer The Ncnda/imfpa Between
All Intermediaries Involved For Commission Payment ($5.00 Buyer/ $5.00 Seller) To Be Signed By The Buyer
And Seller Before The Injection.
Title Transfer&lifting (fob Rotterdam)
Upon Successful Dip Test:
Buyer Proceeds With Remaining 95% Payment Via Mt103
Upon Payment Confirmation:
Escrow Releases Funds Accordingly
Seller Transfers Title Ownership To Buyer
Quantity: 100,000 MT For The First Trial Then 12 Others Monthly In The Quantity Of 300,000 MT
HS Code: 271019
