Automotive Gas Oil (AGO) is a high-quality diesel fuel commonly used in transportation and heavy-duty vehicles. Known for its superior combustion properties, it ensures efficient engine performance, reduced emissions, and long-lasting reliability for vehicles and machinery.
Automotive Gas Oil (AGO) is also known as diesel because it is� a by-product of crude oil. It is gotten in the mid-boiling range of the crude oil refining process. AGO is a less flammable fuel compared to other petroleum products such as premium motor spirit. AGO is used in two main types of vehicles namely heavy-duty vehicles, such as trucks and buses and light-duty vehicles, such as vans and passenger cars. Both oil and natural gas are made up primarily of hydrocarbon (H), which is a chemical compound consisting entirely of carbon (C) and hydrogen (H). They can be classified further into a variety of types depending on the structure of molecules and how they are bound.
ATTENTION TO BUYER/BUYER REPRESENTATIVES.
Here by issue this Soft Corporate Offer with presented term conditions and confirm our irrevocable corporate and legal responsibility, under penalty of perjury that we are ready, willing and able to supply the below mentioned products herein and issue a draft Contract then Sales Purchase Agreement upon acceptance of our term and conditions stipulated herein. The term and procedures stipulated herein is in accordance with the term and procedures of procuring Oil & Gas products from Russia Federation.
Terms Of Negotiation
Origin: Russia Federation
Performance Bond : (pb) 2% Of The First Month Shipment Value Destination Aswp
Incoterms: FOB / CIF / TTO
Loading Port: Novorossiysk / Primorsk / Vladivostok / Rotterdam Ports
Payment Terms: Irrevocable Lc, T/t Telegraphic Transfer, Bg Or Sblc Mt760, Mt103/23, Mt103
Inspection: SGS, CIQ OR SIMILAR
Insurance: Paid By Seller, Covering 110% Of Shipment Value
Automotive Gas Oil Ago Oil Ago
Minimum Liftable Quantity: 100,000 Mt, Maximum 400,000 Mt Monthly
Cif Pricce: Gross Usd $260.00/usd $250.00 Net Cif
Price F.o.b: Gross Usd $ 220.00mt Net: Usd $ 210.00mt
Origin: Russia
Loading Port: Primorsk / Vladivostok/ Rotterdam
CI DIP AND PAY FOB ACCEPTED TERMS AND PROCEDURE
1. Buyer sends ICPO with full banking details CP, Passport Copy and Company registration.
2. Seller issues CI to Buyer.
3. Buyer Sign/endorse CI within 48 hours.
4. Seller issue to Buyer following Transaction Documents:
Tank Storage Receipt (TSR Valid 48 hours)
Authorization to inspect (DTA Valid 48 hours)
Authority to Verify (ATV)
5. Buyer upon receipt of the PPOP documents, buyer contact Tank farm for confirmation of the product and dip test within 48 hours. NOTE (BUYER'S FAILURE TO MAKE DIP TEST WITHIN 48 HOURS, BUYER WILL BEAR THE COST OF FURTHER EXPENSES)
6. Upon successful inspection, Buyer release payment for total product value.
7. Seller Transfer title and Trans-loading commence and issues NCNDA/IMFPA for commission payment.
