PROCEDURES NON Negotiable
FOB: FUJAIRAH Diesel EN590 10PPM 100,000MT-300,000MT
The price: Gross Usd 730/MT, Net USD 720/MT

1. Buyer sends ICPO to Seller on receipt of Seller's basic offer.
2. Seller issues PRO-FORMA INVOICE (PFI), for the available quantity to Buyer. Buyer Signs and returns to Seller with POF. ONLY MT199 ACCEPTABLE and NCNDA/IMFPA signed by all buyer groups with commission structures. (Free Bank Message) BC (BANK CONFIRMATION LETTER) Acceptable on prior arrangement and approval.
3. Seller issues;
a.) Fresh SGS Report within 48 Hours. (Issued from SGS Company with storage tank coordinates)
b.) Injection Report.
C ) Certificate f Origin.
d.) Refinery Reservoir Receipt.
e.) Statement of product availability in seller storage tank in Port of Operation.
f.) Authorization to Sell and Collect (ATSC).
g.) Authorization to physically verify the product in seller tank (ATV) to authorize the buyer dip seller's tanks.
4. Buyer order SGS to Conduct Dip test of the product in the Seller Tank on buyer expense upon successful dip test, buyer provides vessel details (Q88), and seller immediately submit the injection report t the buyer including Notice of Readiness to Inject.
5. Seller commences injection into buyer's vessel and issues injection report to buyer. Upon the confirmation of the total quantity injected.
6. Seller issues Commercial Invoice and Buyer makes 100% payment by MT103 TT wire transfer for the total product and Seller pays Commission to all intermediaries involved in