Buyer is interested to receive quotations for the following RFQ -
Product Name: ESPO Oil
Specifications :
Quantity Total : 1,000,000BBL x 12 Months
Monthly Quantity : 1,000,000BBL
Shipping Schedule: The 1st shipment will be 1,000,000BBL and the next 11 months of supply will be 1,000,000BBL Month. Delivery schedule to be given by the buyer.
Price : CIF BBL Gross USD Net USD
Inspection: S.G.S/CIQ. or like company shall at the port of loading confirm weight and that the product conforms to the following specifications.
Inspection at port of Discharge by buyer at buyer’s.
Product: EN590 & Jet A1
Origin: Non Russian
Shipping: FOB
Transfer port: Rotterdam
Transfer method: Vopak exchange
- EN590
Trial quantity: 100,000mt
Monthly quantity: 300,000mt
Target Price:$600
Commission: $10
Procedure:
1. Buyer sends ICPO
2. Seller sends and buyer signs the commercial invoice
3. Buyer and seller exchange Vopak barcode and manager details
4. Seller issues to buyer POP documents:
a. Unconditional Commitment to Supply.
b. Statement of Product Availability.
c. Notice of Readiness.
d. Injection Schedule.
e. Act of Transfer / Change of Ownership Documents.
f. Injection / Q&Q Report.
g. Fresh SGS Report.
h. Tank Storage Receipt (TS) with tank number, GPS coordinates, and tank location.
i. Authorization to Verify (ATV) physical verification.
j. Unconditional Dip Test Authorization (DTA)
5. Dip Test is conducted within 48 hours. Signed IMFPA is executed by all parties involved
6. With positive Q&Q test result, buyer pays for the product by MT103 within 48 hours.
7. All intermediaries are paid within 24 hours of product payment. Shipping and all Export documents are immediately transferred to buyer.
Specifications:
Product: EN590, Jet A1, D6
Origin: Non Russian
Shipping: FOB
Transfer port: Rotterdam, Houston, Singapore, Fujairah
Transfer method: Tank take over
Contract period: 12 months
Payment method: MT103/TT
- EN590
Trial quantity: 300,000mt
Monthly quantity: 400,000mt
Gross Price: Best price
Commission: $10
- Jet A1
Trial quantity: 5,000,000bbl
Monthly quantity: 5,000,000bbl
Gross Price: Best price
Commission: $3
- D6
Trial quantity: 500,000,000gal
Monthly quantity: 500,000,000gal
Gross Price: Best price
Commission: $0.03
Potential Procedure:
Contract period: 12 months
Potential Procedure:
1. Buyer issues ICPO addressed to the seller with company certificate and POF (BCL).
2. Seller Issues Commercial Invoice for the product in the tanks to be signed by the buyer.
3. Buyer signs the Commercial Invoice and sends back to Seller. The seller and intermediaries signs the IMFPA.
4. Seller issues the below documents
a. Unconditional Dip Test Authorisation
b. Statement of product availability
c. Q&Q Report
d. Tank Storage Receipt (TSR) with tank number, GPS coordinates and Tank Location.
e. Authorisation to Verify (ATV) physical verification.
f. Injection Report.
g. Certificate of Origin.
5. Buyer verifies above and conducts Dip Test into Sellers tank (At Buyers Expense).
6. Within 48 hours of successful Dip Test, Buyer extends the Sellers Tank and then moves to make full payment of the Commercial Invoice within 5 banking days.
7. After Seller receives full payment, Seller gives title to end buyer and end buyer takes over the Sellers Tank. The seller pays commission according to the signed IMFPA.
Quantity Required : MOQ
Shipping Terms : FOB
Destination Port : Rotterdam, Houston, Singapore, Fujairah, Other-Not Shown
