Petroleum products
Petroleum products
Petroleum product
Base oil
Petroleum products
Gas pump
Petroleum
Crude oil, jet fuel and agricultural products.
A1 jetfuel, en590 diesel
Lubricants
Oil products and petrochemical products
Petroleum, diesel
Gas oil D2, diesel
Petrol
Petroleum, fertilizer
Light cycle oil, diesel, condensate oil
Sugar, metals, oil and gas, plastic
En590 diesel, jet a1 fuel
Buyer is interested to receive quotations for the following RFQ -
Product : Gazoline 90RON
Specifications:
Qty :100.000MT
But, Partail shipping allowed, as 15000MT every shipment..
Quantity Required : 100000 Metric Ton/Metric Tons
Shipping Terms : CIF
Destination Port : Mombasa, Kenya
Payment Terms : Irrevocable confirm letter of credit at sight From National Abu Dhabi bank, in UAE, Dubai
Looking for suppliers from : Worldwide
Contact : Mohamed Idrees Musa
Buyer is interested to receive quotations for the following RFQ -
Product : JetA1 Fuel
Specifications:
Quantity : 2M barrel~5M barrel monthly monthly
CONTRACT: 2M-5M bbls per month X 12 months with R&E.
TARGET FOBPRICE: Gross $70/bbl Net $54/bbl or Seller Best Price
COMMISSION: $7/bbl Sell-Side and $2/bbl Buy-Side and $7/bbl buyer side mandatory
PROCEDURE(ROTTERDAM):
1. Buyer submits ICPO to Seller together with Buyers Banking Details, Buyer Signatory Passport, Company Registration Certificate and Corporate Profile on receipt/acceptance of seller soft corporate offer (SCO).
2. Upon acceptance of Buyers ICPO, Seller releases Commercial Invoice (CI) to Buyer. Buyer signs and returns back CI to Seller. IMFPA/NCNDA is processed by Seller for Sell-Side Intermediaries and likewise, by Buyer for Buy-Side Intermediaries.
3. Seller within Three days upon receipt of signed CI from Buyer, releases the following POP Docs to Buyers secure email:
a. Tank Storage Receipts (TSR) with full info including terminal, Barcode & GPS coordinates
b. Injection Report
c. Fresh SGS Report less than 48 hours.
d. Unconditional DTA on buyers name
e. Authorization to Verify (ATV)
f. Authorization to Sell and Collect (ATSC)
g. Commitment to Supply. (CTS)
h. Product Passport and analytical report (PP)
i. Certificate of Origin (COO) j. Attestation of allocation (AOA)
k. Legalized commercial invoice.
4. Buyer verifies and confirms POP as above & orders SGS to conduct Dip Test of the product in Sellers Tank at Buyer Expense (should he feel necessary). (Note: CPA/Q88/NOR/ATI to be provided by Buyer to Seller immediately after successful Dip Test in Sellers Tanks).
5. Upon Buyers successful Dip Test, the Seller issues the full injection schedule to the Buyer.
6. Buyer pays total cost of product via MT103/TT, against successful Dip Test at sellers tank, within 48 hours or Buyer will be responsible for each days tank extension cost. (Note: SELLER TO PROCEED TO INJECT PRODUCT TO BUYERS VESSEL AFTER MT103/TT RECEIVED FROM BUYER).
7. Seller transfers to the Buyer TITLE OF OWNERSHIP CERTIFICATE and all other export documents immediately upon receipt of Buyers payment.
8. Seller pays all the intermediaries involved in the transaction on Sell-Side and Buyer likewise pays all buy-side intermediaries as per NCNDA/IMFPA.
9. Seller and Buyer sign a one-year contract. After signing SPA/Contract, Buyer provides SBLC/RDLC to Seller as per SPA/Contract for secure payments for monthly deliveries. DEFAULT/PENALTY CLAUSE: To further enhance Procedures, Seller and Buyer agree to a Default / Penalty Clause be included in Procedures as follows: Failure of either party, Seller or Buyer to not perform successfully and close this transaction will have serious legal consequences and pay Penalty of 1% of Transaction Value, hence no need for Sellers verification of Buyers Logistics (TSA or CPA) since Buyer is fully responsible for his Logistics (Tanks or Vessels) being available when needed and subject to penalty.
Quantity Required : 2000000 - 5000000 Barrel/Barrels
Shipping Terms : FOB
Destination Port : Rotterdam,
Payment Terms : Bank transfer
Looking for suppliers from : Worldwide
Contact : Kohyounheum
