Origin : Malaysia
Specification : As per the attached
Quantity : 10,000mt weekly
Price: Minus 40/35usd from MOPS/FOB/STS
Transaction Procedures :-
1) Buyer issues ICPO to authorised seller complete with passport copy and valid CPA
2) Seller issue Sale and Purchase Contract inclusive of CI to buyer within 48 hrs.� Buyer signs SPA and CI and return.
3) Buyer to issue Banker's Cheque valued at 10% of contract value and placed at the custody of Buyer's own lawyer (in Malaysia) valid for 30 days. Â
Buyer's lawyer shall provide payment guarantee undertaking
All parties sign NCNDA/IMFPA
4.) Upon confirmation the Banker's Cheque is in the custody of Buyer's Lawyer with lawyerâ??s undertaking issued to the seller, the Buyer shall receive Authorization to Verify (ATV) and  Access to Petronas Tank Terminal for Dip sampling,  Tank details to be provided. Â
Buyer shall appoint their own SGS Inspector at Buyer's own cost.
5) Â Upon Buyer's inspector securing sample, Buyer's lawyer shall hand over the 10% Banker's Cheque to the seller within the same working day.
Seller shall provide proof of Authorisation to Sell and Collect (ATSC) for the cargo.
6) Petronas Port agent will issue schedule to load transfer vessel at terminal and vessel will notify NOR for arrival to STS point
(OPL or IPL @ buyers arrangement. Note buyer to arrange nearest STS to Petronas pengerang terminal)
Buyer makes payment balance 90% by inmediate TT/bank transfer/Bank Draft. Vessel arrive at STS and couple up pipes and inject.
7) Upon receiving final payment cleared into the sellers bank, Buyer receives full shipping documents as issued by Petronas.
8) Seller release commissions  to all mandates
9) Both parties proceed for further weekly  transaction
1. Buyer's issue ICPOwith full banking details & company profile.along TSA.
2. Seller issue commercial invoice to buyer.
3. Buyer signed/sealed and returns commercial invoice with letter of acceptance to seller within 24hrs.
4. Seller pays first 3 days of storage tanks in Buyer's Tanks Farm and after the verification of Seller's payment, Buyer pays other 2 days to complete together TSR 5 days in Buyer's tank farm in the name both companies. TSR to include GPS Coordinates oftank location along withNotice of Readiness (NOR)
5. Seller issues to the buyer the below PPOP documents:
a) Certificate of origin.
b) Schedule of injection.
c) Product Passport.
Prices range from 400USD to 520USD Depending on Location, Refinery and Market Prices.
**Overview:**
EN590 diesel fuel is a high-quality, ultra-low sulfur diesel (ULSD) fuel designed for use in diesel engines, adhering to the stringent European standard EN590. It is formulated to provide optimal engine performance, efficiency, and reduced emissions, making it an ideal choice for both commercial and personal vehicles.
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**Packaging Options:**
Available in bulk quantities, tanker delivery, and various packaging sizes to meet your specific needs.
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Diesel EN 590 produced by refineries in the Russian Federation, Kazakhstan, and elsewhere, is available for sale FOB or CIF at the best prices. Prices are negotiable for serious big-volume buyers. Buyer's mandate welcome
EN590 diesel is a high-quality, ultra-low sulfur fuel designed for modern diesel engines, ensuring cleaner combustion and improved efficiency. It is widely used across industries, including transportation, construction, and power generation.
