DIESEL GAS OIL D2 - TTT (FOB Rotterdam & Houston)
Minimum quantity: 10,000 metric tons per month,
Maximum quantity: 500,000 metric tons per month
Procedure:
1. Buyer accepts seller's working procedure and issues ICPO to the End seller via
Seller's representative.
2. Seller issues a commercial invoice and Buyer signs and returns commercial invoice
on the due date along with Buyer TSA.
3. The Seller issues the following PPOP to the buyer for evaluation:
a) Statement of Product Availability
b) IPA
c) Letter of Guarantee
Upon receipt of the above PPOP Documents, the buyer provides signed IPA
(Injection Programming Agreement) with his tank company to engage in injection
Programming.
4. Seller provides the buyer with an Injection program
a) Fresh SGS,
b) Certificate Of Origin.
c) ATSC (Authority to Sell and Collect)
d) Tank Storage Receipt (TSR)
e) Injection Report, and ATV (Physical Verification) with Unconditional DTA for
Dip Test in the seller tank for product reconfirmation before injection into buyer
tank.
f) NCNDA/IMPFA draft to be signed by all intermediaries to secure commission.
5. Buyer makes 100% payment by MT103 TT wire transfer for the total product and
Seller pays commission to all intermediaries involved in the transaction within 24
hours after confirmation of the buyer's payment.
6. Seller issues draft SPA to the buyer to review for R&E monthly deliveries.
7. Buyer reviews and approves the SPA and issues SBLC/IRDLC irrevocable, non-
transferable, auto revolving for 12 months shipment value, documentary letter of
credit for length of contract and for each lift per schedule. Buyer pays after Dip Test
by MT103 Wire Transfer one each monthly quantity.
8. The subsequent delivery shall commence according to the terms and conditions of the
contract.
9. Seller pays commissions to all intermediaries as per IMFPA/NCNDA 24 hours after
receiving payment from the buyer.
EN590 10 PPM - TTT (FOB Rotterdam & Houston)
Minimum quantity: 25,000 Metric tons per month
Maximum quantity: 300,000 Metric tons per month
Procedure:
1. Buyer accepts seller's working procedure and issues ICPO to the End seller via
Seller's representative.
2. Seller issues a commercial invoice and Buyer signs and returns commercial invoice
on the due date along with Buyer TSA.
3. The Seller issues the following PPOP to the buyer for evaluation:
a) Statement of Product Availability
b) IPA
c) Letter of Guarantee
Upon receipt of the above PPOP Documents, the buyer provides signed IPA
(Injection Programming Agreement) with his tank company to engage in injection
Programming.
4. Seller provides the buyer with an Injection program
a) Fresh SGS,
b) Certificate Of Origin.
c) ATSC (Authority to Sell and Collect)
d) Tank Storage Receipt (TSR)
e) Injection Report, and ATV (Physical Verification) with Unconditional DTA for
Dip Test in the seller tank for product reconfirmation before injection into buyer
tank.
f) NCNDA/IMPFA draft to be signed by all intermediaries to secure commission.
5. Buyer makes 100% payment by MT103 TT wire transfer for the total product and
Seller pays commission to all intermediaries involved in the transaction within 24
hours after confirmation of the buyer's payment.
6. Seller issues draft SPA to the buyer to review for R&E monthly deliveries.
7. Buyer reviews and approves the SPA and issues SBLC/IRDLC irrevocable, non-
transferable, auto revolving for 12 months shipment value, documentary letter of
credit for length of contract and for each lift per schedule. Buyer pays after Dip Test
by MT103 Wire Transfer one each monthly quantity.
8. The subsequent delivery shall commence according to the terms and conditions of the
contract.
9. Seller pays commissions to all intermediaries as per IMFPA/NCNDA 24 hours after
receiving payment from the buyer.
Direct connection to seller (no long broker chain)
EN590
MOQ : 50,000 MTS a month for 12 month
ORIGIN : Kazakhstan
INCOTERMS : CIF
DELIVERY : Shipment will be arranged immediately after confirmation of the instrument of payment.
PAYMENT TERMS : Irrevocable, transferable and Confirmed SBLC as Guarantee â?? payment by MT103 after productâ??s Q&Q at arrival port.
PURCHASE PROCEDURES: (C.I.F)
1. The buyer sends proof of funds among with ICPO indicating the product, quantity and ports of
delivery with, company profile and company registration certificate.
2. The seller issues a draft contract open for amendment; the buyer review, sign and returns
within 4 working days.
3. Seller legalize and notarize the contract with the following PPOP documents and send to buyer;
A. Local analysis test done on the products in the refinery.
B. Commitment letter to supply.
C. Statement of availability of the products.
D. Authorization to sell and collect.
4. Buyer shall lodge the PPOP documents with the relevant authorities at country of destination
and buyer bank shall verify on the product supply and contract terms, if possible, from the seller.
5. Upon completions of the verification, Buyer shall issue SBLC of the total cost of the product in
accordance with seller bank verbiage within 7 bank working days.
6. Upon seller bank successful receipt and confirmation of SBLC from the buyer's bank, seller shall
immediately issue. Non circumvention and non-disclosure agreement (NCNDA), and irrevocable master
fee protection agreement (IMFPA) to buyer.
7. Seller issue DIP test authorization to buyer and upon positive completion of the dip test within
72hrs, SGS report will be sent to buyer.
8. The seller sends electronically complete information about the vessel and Q88 to the buyer.
9. Upon the discharged of the products into the buyer's storage facility, buyer's bank shall release
balance payment of the total value of the products within 5 working days via MT103/TT, and the title
of the product ownership shall be transfer to the buyer fully.
10. Seller shall pay all parties involved in this transaction according to the signed NCNDA & IMFPA via MT103/TT within 48hrs.
Direct connection to seller (no long broker chain)
JET A1 FUEL
MIN QUANTITY : 1,000,000 bbls with R&E
ORIGIN : Kazakhstan
INCOTERMS : CIF
DELIVERY : Shipment will be arranged immediately after confirmation of the instrument of payment.
PAYMENT TERMS : Irrevocable, transferable and Confirmed SBLC as Guarantee â?? payment by MT103 after productâ??s Q&Q at arrival port.
PURCHASE PROCEDURES: (C.I.F)
1. The buyer sends proof of funds among with ICPO indicating the product, quantity and ports of
delivery with, company profile and company registration certificate.
2. The seller issues a draft contract open for amendment; the buyer review, sign and returns
within 4 working days.
3. Seller legalize and notarize the contract with the following PPOP documents and send to buyer;
A. Local analysis test done on the products in the refinery.
B. Commitment letter to supply.
C. Statement of availability of the products.
D. Authorization to sell and collect.
4. Buyer shall lodge the PPOP documents with the relevant authorities at country of destination
and buyer bank shall verify on the product supply and contract terms, if possible, from the seller.
5. Upon completions of the verification, Buyer shall issue SBLC of the total cost of the product in
accordance with seller bank verbiage within 7 bank working days.
6. Upon seller bank successful receipt and confirmation of SBLC from the buyer's bank, seller shall
immediately issue. Non circumvention and non-disclosure agreement (NCNDA), and irrevocable master
fee protection agreement (IMFPA) to buyer.
7. Seller issue DIP test authorization to buyer and upon positive completion of the dip test within
72hrs, SGS report will be sent to buyer.
8. The seller sends electronically complete information about the vessel and Q88 to the buyer.
9. Upon the discharged of the products into the buyer's storage facility, buyer's bank shall release
balance payment of the total value of the products within 5 working days via MT103/TT, and the title
of the product ownership shall be transfer to the buyer fully.
10. Seller shall pay all parties involved in this transaction according to the signed NCNDA & IMFPA via MT103/TT within 48hrs.
JET A1 FUEL (FOB)
Minimum quantity: 500,000 barrels per month
Maximum quantity: 5,000,000 barrels per month
Procedure:
1. Buyer accepts seller's working procedure and issues ICPO to the End seller via
Seller's representative.
2. Seller issues a commercial invoice and Buyer signs and returns commercial invoice
on the due date along with Buyer TSA.
3. The Seller issues the following PPOP to the buyer for evaluation:
a) Statement of Product Availability
b) IPA
c) Letter of Guarantee
Upon receipt of the above PPOP Documents, the buyer provides signed IPA
(Injection Programming Agreement) with his tank company to engage in injection
Programming.
4. Seller provides the buyer with an Injection program
a) Fresh SGS,
b) Certificate Of Origin.
c) ATSC (Authority to Sell and Collect)
d) Tank Storage Receipt (TSR)
e) Injection Report, and ATV (Physical Verification) with Unconditional DTA for
Dip Test in the seller tank for product reconfirmation before injection into buyer
tank.
f) NCNDA/IMPFA draft to be signed by all intermediaries to secure commission.
5. Buyer makes 100% payment by MT103 TT wire transfer for the total product and
Seller pays commission to all intermediaries involved in the transaction within 24
hours after confirmation of the buyer's payment.
6. Seller issues draft SPA to the buyer to review for R&E monthly deliveries.
7. Buyer reviews and approves the SPA and issues SBLC/IRDLC irrevocable, non-
transferable, auto revolving for 12 months shipment value, documentary letter of
credit for length of contract and for each lift per schedule. Buyer pays after Dip Test
by MT103 Wire Transfer one each monthly quantity.
8. The subsequent delivery shall commence according to the terms and conditions of the
contract.
9. Seller pays commissions to all intermediaries as per IMFPA/NCNDA 24 hours after
receiving payment from the buyer.
AUTOMOTIVE GAS OIL (AGO) - TTT (FOB Rotterdam & Houston)
Minimum quantity: 25,000 metric tons per month,
Maximum quantity: 300,000 metric tons per month
Procedure:
1. Buyer accepts seller's working procedure and issues ICPO to the End seller via
Seller's representative.
2. Seller issues a commercial invoice and Buyer signs and returns commercial invoice
on the due date along with Buyer TSA.
3. The Seller issues the following PPOP to the buyer for evaluation:
a) Statement of Product Availability
b) IPA
c) Letter of Guarantee
Upon receipt of the above PPOP Documents, the buyer provides signed IPA
(Injection Programming Agreement) with his tank company to engage in injection
Programming.
4. Seller provides the buyer with an Injection program
a) Fresh SGS,
b) Certificate Of Origin.
c) ATSC (Authority to Sell and Collect)
d) Tank Storage Receipt (TSR)
e) Injection Report, and ATV (Physical Verification) with Unconditional DTA for
Dip Test in the seller tank for product reconfirmation before injection into buyer
tank.
f) NCNDA/IMPFA draft to be signed by all intermediaries to secure commission.
5. Buyer makes 100% payment by MT103 TT wire transfer for the total product and
Seller pays commission to all intermediaries involved in the transaction within 24
hours after confirmation of the buyer's payment.
6. Seller issues draft SPA to the buyer to review for R&E monthly deliveries.
7. Buyer reviews and approves the SPA and issues SBLC/IRDLC irrevocable, non-
transferable, auto revolving for 12 months shipment value, documentary letter of
credit for length of contract and for each lift per schedule. Buyer pays after Dip Test
by MT103 Wire Transfer one each monthly quantity.
8. The subsequent delivery shall commence according to the terms and conditions of the
contract.
9. Seller pays commissions to all intermediaries as per IMFPA/NCNDA 24 hours after
receiving payment from the buyer.
