Aviation Kerosene Jet Fuel A-1/TS-1 Kerosene (Gost 10227-86) Quantity: 750,000 Bbls Spot and 2,000,000 Bbls X 12 Months with r/e-60 Months Price: $48/$45 Net Origin: Russian Loading Port: FOB Rotterdam Delivery Port: FOB Rotterdam Shipping Time: Immediately Spot Liftable Payment: MT103/TT Wire Transfer for first immediate liftable. While contract shall be by Non-Operative SBLC TRANSACTION DELIVERY TERM FOR Tanker Take Over TTO ASWP 1. Buyer issues Irrevocable Corporate Purchase Order ICPO containing full banking information with Seller procedures. 2. Seller issue the Tanker Take Over Contract for review by the buyer. 3. Buyerâ??s bank release to Sellerâ??s Bank RWA via SWIFT MT799. 4. Buyer send to Seller signed contract. 5. Seller issues to Buyer the Partial Proof of Product and Shipping documents as follows: a) Company Registration License b) Export License c) Refinery Confirmation Letter to supply the product (s) d) Product Passport and Q&Q done by indigenous lab e) Certificate of Origin from Chamber of Commerce & Industry f) Bill of Lading g) Vessel Q88 6. Upon receipt and confirmation of the above documents by Buyer, Buyer release payment instrument SBLC via MT760 non operative to the Refinery Nominated Account for the value of shipment. 7. Upon receipt and confirmation of the above financial instrument, Seller issued PB 2% operative. 8. All parties sign NCNDA/IMFPA. 9. Seller issues the ACT of TRANSFER in Buyers Name, Title of Ownership Certificate to be followed by all Export Documentation will be sent to the Buyer alongside the SGS Report at the loading port. 10. Upon arrival of the vessel at discharge port, the vessel captain will hand over all the original POP documents to the buyerâ??s representative while Buyer pays for the total contract after SGS, CIQ or equivalent inspection at the discharge port via MT103 - T/T Wire transfer for the total of shipment value. 11. Seller pays Commission to all involved mandates and intermediaries by T/T Wire Transfer as mutually agreed.