We can offer LCO Iranian (NIOC) ready in China port & on waters
But, you need to have agreement or clear relation with a refinery.
You need to issue a readiness letter or RWA from your bank to our issuing account
Procedure,
Deep & Pay method
Sellers could do a spot (750K barrels, light) in Rizhao, in tank farm..
Contact us with your LOI /Best regards.
Place of Origin
Russia
Brand Name
Russia Crude Oil
Model Number
Russia Crude Oil
Type
Russia Crude Oil
Application
Oil Product
Grade
OPEC
Chemical Composition
Russia Crude Oil
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.
PRODUCT: JET FUEL JP54
ORIGIN: RUSSIA-USA
FOB PRICE: GROSS $46.00 USD/$42.00USD NET
INSURANCE: PAID BY SELLER
INCOTOERMS: FOB HOUSTON PORT(stored tank)
MAXI QUANTITY: 4 MILLION BARRELS WITH R&E INTO YEARLY
COMMISSION: COMMISSION SHARE, 50% / 50%.
FOB HOUSTON PORT & ROTTERDAM PORT TRANSACTION AND BANKING PROCEDURE
(1) Buyer issue ICPO containing the seller's working procedure with banking details and scanned copy of buyer's passport along
with TSA.
(2) Seller issue commercial invoice of the product in tanks at the port; buyer and Buyer's logistic sign and return back
commercial invoice to seller.
(3) Seller issue to buyer PPOP listed below:
(A) GPS Coordinate-Tank Storage Receipt (TSR), (B) Fresh Injection Report
(C) Dip test authorization letter (DTA) (D) Authorization to sell.
(E) SGS Report. (F) Authorization to Verify the Product in the Seller's Tank (ATV)
(4) Buyer inspect by SGS on buyerâ??s expenses and sends TSR.
(5) Seller issues the following document to all intermediaries involve in the Transaction and to buyer. â?¢Endorsed
NCNDA/IMFPA.
(6) Upon successful Dip Test in tanks, product will immediately be injected into Buyer's tanks. Buyer makes Payment for the
product via MT103 and Seller transfers Title Ownership to Buyer.
WE ARE READY TO SUPPLY IN FOB ROTTERDAM/HOUSTON CI DIP PAY
JET A1 - JP54 - VIRGIN FUEL OIL D6 - EN590
- No upfront fees
- Seller will pay Buyer's tank farm lease for 3 days
- Dip test after injecting to Buyer's tank farm
TRANSACTION PROCEDURES FOB CI DIP & PAY
1) Buyer issues ICPO.
2) Seller issues Commercial Invoice (CI). Buyer signs and returns to Seller with his TSA. Seller verifies Buyer's TANK FARM and makes 3 days tank lease payment to the Buyer's tank farm for the Injection Process.
3) Buyer pays his Tank Farm Company for 2 days tank storage costs, (totaling 5 day TSR) after his Tank Farm Company has received the payment from Seller's Company 3 days cost.
4) Seller injects into Buyer's tank and issues ATV and Unconditional DTA.
5) Buyer conducts Dip Test and makes the payment for the total value of product injected into the tanks through the means of MT103-TT.
6) Seller pays all intermediaries involved in the transaction, and subsequently monthly shipment continues as per terms and conditions of the sales and purchase agreement contract between Buyer and Seller.
Jet A-1 fuel is a kerosene-based aviation turbine fuel used in commercial and military aircraft. It has a minimum flash point of 38C and a maximum freezing point of -47C, ensuring safety and performance at high altitudes. It meets international standards like ASTM D1655 and DEF STAN 91-091, with additives to enhance stability, conductivity, and corrosion resistance.
EN590 diesel fuel is a low-sulfur automotive diesel that meets European standards for use in diesel engines. It has a cetane number of at least 51, a sulfur content below 10 ppm, and a flash point above 55C, ensuring efficient combustion and reduced emissions. EN590 complies with Euro 5 and Euro 6 regulations, optimizing fuel economy and engine performance while minimizing environmental impact.
D6 fuel oil, also known as Residual Fuel Oil or Bunker Fuel, is a heavy, high-viscosity petroleum product used primarily in industrial boilers, power plants, and large marine engines. It has a high sulfur content (up to 3.5%) and requires preheating for proper combustion due to its thick consistency. D6 is less refined than diesel and jet fuels, making it a low-cost, high-energy fuel suited for large-scale applications.
D2 diesel fuel is a mid-distillate petroleum product used in diesel engines, meeting ISO 8217 and ASTM D975 standards. It has a cetane number of at least 51, a sulfur content of up to 500 ppm (Low Sulfur) or 10 ppm (Ultra-Low Sulfur - ULSD), and a flash point above 52�°C, ensuring efficient combustion and reduced emissions. D2 is widely used in transportation, agriculture, and industrial applications due to its reliability and energy efficiency.
We supply high-quality petroleum products from trusted Middle Eastern, European, and Turkish producers, ensuring compliance with international standards.
Important Notice: Due to widespread fraud in the oil industry, our procedures are non-negotiable. No upfront payment is required. TTM (Table-Top Meeting) can be arranged before LC for qualified buyers with ICPO + POF.
Key Products & Origins:
Diesel (D2, D6) Origin: Middle East
EN590 Origin: Italy, Europe, Turkiye, Middle East
Jet Fuel (Jet A1) Origin: Middle East
Our UAE office is a licensed petroleum exporter, ensuring seamless transactions and full regulatory compliance.
Sales & Purchase Procedure:
Request: Buyer submits Letter of Interest + Proof of Funds (POF) (Bank Statement, BCL, etc.).
Introduction: Seller verifies the buyer and conducts an introductory call.
Capability Assessment: Seller assesses the buyer's financial capacity.
Corporate Offer: Seller issues a Formal Corporate Offer (FCO) with prices, volume, and terms.
Sales Agreement: Buyer & Seller finalize a Sales & Purchase Agreement (SPA). The seller also issues an MFPA (Master Fee Protection Agreement) for agents/mandates.
Banking & Collateral: Buyer submits SBLC MT760, and Seller provides a 2% Performance Bond.
Loading & Documentation: Seller loads the vessel at their own cost and issues delivery documents (B/L, Ullage Report, COO, Q88, etc.).
Delivery & Payment: Buyer conducts a Dip Test, completes an MT103 wire transfer, and receives Title of Ownership upon payment.
We ensure reliable supply, competitive pricing, and seamless transactions for our global buyers.
