Independent Oil Trader

Fuel Oil available from our partner. Payment through Dubai based company. 6 million barrels monthly. Procedure: 1. Sending of the Procedure. 2. Buyer Approves the Procedure. a) The Buyer sends ICPO/CP/CIS. 3. Seller sends Full Corporate Offer (FCO) to Buyer. 4. Signing of the Offer: The Buyer must return the signed and stamped offer within a maximum of 72 hours, along with the following documents: a) A draft of the LC verbiage, indicating the bank, country, and the applicant's CIS/KYC information 5. Seller sends Draft SPA (Sales and Purchase Agreement). 6. Contract Signing: The Buyer and Seller review, sign, and return the contract. 7. Issuance of Initial Letter of Credit (LC) for one year and one day: The Buyer issues an irrevocable and confirmed Letter of Credit (LC). This LC will cover 110% of the value of the product, equivalent to 6,000,000 barrels CIF Quindao, according to the contract terms and the Seller's instructions. 8. Within no more than 15 banking days after the confirmation of the LC receipt, the Seller will present to the Buyer: a) The 3 VLCC's (100%) CPAs by the Seller. b) Authorization to Load and Sail. c) The loading dates and windows for each shipment. d) Actual coordinates of the 3 VLCCs and ETA. e) The 3 VLCC's PDAs. f) 3 Service invoices for Q&Q fully paid. 9. Upon commencement of loading and sailing: a) The Seller pays 100% of the product. b) Upon completion of the loading, the Seller sends the Buyer the FULL POP (Proof of Product), including BL/CI/Q&Q/BR. c) Issuance of Authorization to Verify (ATV). d) Authorization to Sell and Collect Certificate (ATSCC). 10. The Seller commits to pay commissions in advance to the China team on the same day the ship departs from origin and to have the VLCCs ready for the next load. 11. Along with the successful delivery of the VLCCs and the contract initiation for 60 months, the Buyer will issue a new LC equivalent to 110% of the value of 6 more loads, with a duration of one year and one day, according to the Seller's instructions. 12. Arrival of VLCC and coordination of Q&Q tests: Upon the VLCC's arrival at the destination port, the Buyer coordinates and bears the cost of the Quality and Quantity Test (Q&Q) at their own expense. 13. Q&Q Test Approval: 14. Payment of 100% of the product via MT 103 bank transfer: Payment will be made via MT 103 bank transfer according to the Seller's instructions once the Q&Q tests are completed and per the contract�¢??s requirements. 15. Transfer of Product Ownership: The Seller will transfer ownership of the product to the Buyer, providing all necessary documentation certifying the transfer of ownership.

Scope Crude oil and fuel oil precipitate tester for pressing gb / t6531-86 to determine the content of crude oil and fuel oil precipitate "crude and fuel oils precipitate assay (extraction method)" is used for extraction with toluene. This standard is equivalent to international standards iso3735-1975 "crude and fuel oils precipitate assay (extraction method)", crude and fuel oils precipitate analyzer can be programmed to control its heating power. Features 1, the instrument uses dual electric stove, can work independently; 2, the instrument uses 8-bit microcontroller control; 3. The instrument uses three semi-liquid crystal display; 4, the instrument has mains compensation; 5, the instrument automatically controlled heating power; Technical parameters 1, the heating temperature range: room temperature ~ 400 ?; te00000000000mperature accuracy: ± 0.5 ?. 2, the equivalent output voltage adjustable value: 0 ~ 220v 3, electric heater power: 1000 w * 2 4, power: ac 220 v ± 10v, 50 hz ± 1hz

PETRO PHILLIPS INC. is a %100 Canadian company based in Ontario Canada and a trader in the field of Crude Oil, diesel and Marine Fuel. We provide good prices for Crude Oill, D2, Diesel, Kerosene (JP54), on CIF or FOB bases . All the procedures only bank to bank swift starting from LOI .

Jet fuel, crude oil, WTI, BLCO, eagleford, LCO, D6, D2, en590, mazut, asphalt, LNG, LPG