Product: JETA1 Amount: 1 million BBLS Product Origin: USA FOB Houston, TX Price USGC Platts Transaction Procedures 1. Buyer sends LOI 2. Seller sends FCO 3. Buyer sends ICPO 4. Seller sends CI 5. After CI is signed seller sends fresh SGS report for immediate verification 6. After verification is completed payment is made via MT103 TT and fuel is injected into the buyers tanks or vessel. 7. Intermediaries are paid fees 8. Contract is signed
