Please provide a quotation to the following requirement from importer -
Product Name : Jet Fuel A1
Specifications:
Quantity Required : Minimum quantity 2,000,000 bbl trial spot, then up to 5,000,000 bbl per year
FOB PROCEDURE OF TRANSACTION (TTT/TTV)
Prior to start the Operational Procedure below, The Buyer will need to send Company Profile, CIS and TSA or CPA to allow the seller do DD checks.
As soon the DD result will be back positive, the following procedure will be active.
Note: For Spot Trial it must be TTT then the arrangement will take a place if the buyer like to go with TTV Procedure.
1. Buyer Issue ICPO and TSA with company registration Certificate alongside copy of passport page.
2. The Seller issues Commercial Invoice (CI) for the available quantity in the Seller's
Storage Tank to the Buyer. The Buyer signs and return the Cl to the Seller.
3. The Seller releases the POP documents as below and send to the Buyer.
I. Commitment to Supply
II. Certificate of Origin III. Notice of Readiness
V. Unconditional DTA
V. Fresh SGS (not older than 48 hours)
VI. ATSC - Authority to Sell and Collect VII, Injection Report VII. VIII, TSR and Authorization to verify the product in Seller's tank {ATV}
4. After successful verification of POP documents and fresh SGS, Buyer will issue a
valid TSR or extends the tank lease with Seller's tank storage company and at his option buyer will conduct Dip Test in Seller's Tank at his own cost and Seller starts injection into Buyers tanks.
5. Within 24-48 hours of injection completion, buyer issues 100% TT wire transfer payment to the Seller. The Seller transfers Title Ownership to the Buyer.
6. The Seller pays commission to all the intermediaries.
NOTE: Buyer Will provide a valid TSR from VTTI or Vopak in step 4 after verification of
SGS and POP documents in step 3.
Quantity Required : 2000000 - 5000000 Barrel/Barrels
Shipping Terms : FOB
Destination Port : Rotterdam & Houston, Netherlands
Payment Terms : Within 24-48 hours of injection completion, buyer issues 100% TT wire transfer payment to the Seller. The Seller transfers Title Ownership to the Buyer.
Looking for suppliers from : Worldwide
Contact : Nzoulou Klement