9.1 Seller issues draft contract and draft Irrevocable Corporate Purchase Order (ICPO), open for amendments, to Buyer for procedure verification and acceptance.
9.2 Seller signs and seals the Sales Purchase Agreement (SPA) the â??Contractâ?� and emails to the buyer for signature and endorsement.
9.3 Buyer countersigns the contract and dispatches a copy to the Seller with ICPO. Buyer shall return copy of the signed Contract Agreement with Buyerâ??s Port of Discharge (POD)/NOR draft.
9.4 Seller loads vessel and sends to buyer full soft copies of cargo documents in buyerâ??s/ seller's name. Sellerâ??s loaded vessel shall issue a Marine Notice of Readiness (NOR) to the buyerâ??s port of discharge.
9.5 On receipt of NOR from Sellerâ??s loaded vessel, Buyerâ??s bank will issue ICPO to the Sellerâ??s bank.
9.6 On receipt and confirmation of ICPO at Sellerâ??s bank, Sellerâ??s loaded vessel shall sail to buyer's POD. Upon arrival of the vessel to buyerâ??s discharge port, Buyer shall be responsible for clearance of vessel to POD, and within 24-36 hours, Sellerâ??s vessel issues ATB (Authority to Board) to buyerâ??s inspectors to board the vessel to conduct Q&Q at buyerâ??s expense. Q&Q inspection and report must be based on the established procedures of the port of discharge.
9.7 Upon a successful Q&Q, Buyerâ??s inspectors release inspection report with copies to the seller.
9.8 Seller issues commercial invoice to buyer. The invoice shall be based on the Q&Q certificate. Seller also issues hard copy of documents to buyer. Documents (total original and Copies) will be sent to the buyer directly, or appointed bank by buyer for the payment.
9.9 Within 3 days from the date of the Q&Q Certificate, buyer pays to Sellerâ??s and agentâ??s account for the cargo via MT103). Vessel discharge to buyerâ??s tank.
9.10 Steps 9.4 to 9.9 is repeated for the next shipment.
Iranian Heavy Export Crude oil is exported only when there is presented:
1. Refinery agreement for supply and/or refine
2. Crude oil import licence is presented (for some countries required)
3. Buyer's/Trader's financial capabilities and DD are analysed
Our group of companies act like facilitators or sellers - depending on buying conditions FOB or CIF.
CIF supply can be arranged under negotiated conditions.
Origin: Kazakhstan, Georgia, Malaysia
Incoterms: CIF/FOB
Loading Port: Rotterdam and Houston etc
Payment Terms: MT103 TTWIRE
Performance Bond: 2% PB
Contract Term: SPOT 6-12 Month Minimum (With Rolls and Extension
Inspection: SGS CIQ or Similar
Dubai Crude Oil
Minimum Quantity: 50,000 MT per month
CIF Price: Gross USD $91.00 BBL / Net USD $87.00 BBL NET
FOB Price: Gross USD $62.00 BBL / Net USD $58.00 BBL NET
TRANSACTION WORKING PROCEDURE FOB Rotterdam/Houston
1. Buyer sends Company Profile along with ICPO, Tank Storage Agreement (TSA) and data page of buyers passport
2. Seller Issues commercial invoice (CI), Buer signs and returns commercial invoice back to seller.
3. Seller verify buyer TSA by Letter and Seller issues the following POP documents to buyer:
a)Statement of Product Availability
b)Commitment Letter of Supply
c)Unconditional Dip Test Authorization (UDTA)
d)Authorization to Sell and Collect (ATSC)
e)Authorization to verify the product in Seller''s tank (ATV)
f) Fresh SGS not older than 72 hours
4. NCNDA/IMFPA will be signed among all parties involved.
5. Buyer options conduct DIP TEST on the product and make the payment for the total value of product injected into the tanks through the means of mT103-TT
6. Seller pays commission to all intermediaries involved in the transaction and subsequently monthly shipment continues as per terms and conditions of the commercial invoices and extension of transaction by issuing 12 months contract to buyer for proceeding.
STAND TRANSACTION CIF PROCEDURES
1. Seller confirms ICPO + passport of buyer and issues FCO for signing
2. Seller issues contract for amendment and countersigning as per mutual agreement.
3. Seller legalizes and register contract at seller expense and send to buyer as final approved, registered and legalized contract
4. Seller sends to buyer via e-mail, the following POP documents in buyer''s name for verification of the allocation:
A. Statement of product availability
B. Refinery commentment to supply
C. Company profile
D. MSDS
E. Company license to export
5. Buyer and Seller sign the CPA with the secured shipping company for documentation along with the NCNDA and IMFPA for commission construction
Origin: Kazakhstan, Georgia, Malaysia
Incoterms: CIF/FOB
Loading Port: Rotterdam and Houston etc
Payment Terms: MT103 TTWIRE
Performance Bond: 2% PB
Contract Term: SPOT 6-12 Month Minimum (With Rolls and Extension
Inspection: SGS CIQ or Similar
Dubai Crude Oil
Minimum Quantity: 50,000 MT per month
CIF Price: Gross USD $82.00 BBL / Net USD $78.00 BBL NET
FOB Price: Gross USD $59.00 BBL / Net USD $55.00 BBL NET
TRANSACTION WORKING PROCEDURE FOB Rotterdam/Houston
1. Buyer sends Company Profile along with ICPO, Tank Storage Agreement (TSA) and data page of buyers passport
2. Seller Issues commercial invoice (CI), Buer signs and returns commercial invoice back to seller.
3. Seller verify buyer TSA by Letter and Seller issues the following POP documents to buyer:
a)Statement of Product Availability
b)Commitment Letter of Supply
c)Unconditional Dip Test Authorization (UDTA)
d)Authorization to Sell and Collect (ATSC)
e)Authorization to verify the product in Seller''s tank (ATV)
f) Fresh SGS not older than 72 hours
4. NCNDA/IMFPA will be signed among all parties involved.
5. Buyer options conduct DIP TEST on the product and make the payment for the total value of product injected into the tanks through the means of mT103-TT
6. Seller pays commission to all intermediaries involved in the transaction and subsequently monthly shipment continues as per terms and conditions of the commercial invoices and extension of transaction by issuing 12 months contract to buyer for proceeding.
STAND TRANSACTION CIF PROCEDURES
1. Seller confirms ICPO + passport of buyer and issues FCO for signing
2. Seller issues contract for amendment and countersigning as per mutual agreement.
3. Seller legalizes and register contract at seller expense and send to buyer as final approved, registered and legalized contract
4. Seller sends to buyer via e-mail, the following POP documents in buyer''s name for verification of the allocation:
A. Statement of product availability
B. Refinery commentment to supply
C. Company profile
D. MSDS
E. Company license to export
5. Buyer and Seller sign the CPA with the secured shipping company for documentation along with the NCNDA and IMFPA for commission construction
CRUDE OIL
PRODUCT NAME : CRUDE OIL .
ORIGIN : LIBIA
TERMS : CIF ASWP PORT
QUANTITY :1.000.000/5.000.000 Barrels x 12 Months With R&E
PRICE : PLATZ -US$ 4 Per Barrel including US$ 1,00 Comm. seller side
PAYMENT TERMS : DLC-MT700 / SBLC-MT760 / MT103/ wire transfer for value of the goods
ISPECTION :SGS / INTERTEK or equivalent.
Validity Offer : 5 days
Best regard
ROBERTO DE PROSPERIS
Quantity
Bonny light crude oil (BLCO) 2 000,000 barrels (Two million barrels) +/-10% X at Sellers Option;
X 12MONTH ,Shipped in one vessel per LOT .
Minimum quantity of 1 million barrels.
SPECIFICGRAVITY: 0.8459
API AT 60 DEG.F: Min 33.0 - Max 37.00 +/- 5%(ASTM D-1298)
WATER CONTENT BY DISTILLATION: 0.2%(ASTM D-4006)
POUR POINT DEGREES: BELOW 40 (ASTM D-97
SULFUR WEIGHT%: 0.14 (ASTM D-139)
SALT CONTENT PARTS PER BILLION: (ASTM D-526)
REID VAPOR PRESSURE (P.S.I.G.): 6.52 (ASTM D-529)
KINEMATIC VISCOSITY @ 30 DEG.: 2.2(ASTM D-523)
DISTILLATION INITIAL BOILINGpoint (IBP): 35 DEG.C (ASTM D-86)
DISTILL TO 175 DEG.C VOL.%: 35.5
DISTILL TO 250 DEG. C VOL.%: 51.5
DISTILL TO 300 DEG. C VOL%:60.5
COLOUR: Dark Brown
ORIGIN: QATAR
QUALITY: Established by the International Standards (SGS).
Specification: Standard
Form of Packing: LPG/LCC/VLCC
Minimum Order Quantity: 50.000 MT
Production Capacity: 400.000 MT Per Month.
Shipping Terms FOB or CIF ASWP
PORT : RAS LAFFAN/HAMAD/ROTTERDAM/
FOB PRICE: USD: $ 270 per MT
Inspection: SGS or Equivalent
CiF PRICE USD: $ 290 per MT
COMMISSION CHARGED:10.00 USD PER MT TO BE SHARED 50/50 BY BOTH SIDES.
SHIPMENT TIME within 10 days from LC DATE and
DELIVERY within 35 to 45 days from the date of bill of ladings depending on chosen port.
NO, TTM/FTF
Light Cycle Oil (LCO) is a diesel boiling range product from Fluid Catalytic Cracking Units (FCCUs).
Diesel is the most important fuel used in automobiles because of its high efficiency. The global demand for diesel is increasing than petrol but many older refineries have optimized their plant to produce more petrol than diesel. Light Cycle Oil is the diesel boiling range material, which is produced in addition to gas and petrol in the FCCU. LCO is treated in the diesel hydrotreater (DHT) unit to produce sulfur environment-friendly diesel.
APPLICATIONS: Blending Component: Frequently blended into diesel fuel to enhance volume, though this requires treating to meet emissions standards. Feedstock: Used in hydrocracking and other refining processes to produce more valuable products, such as gasoline or diesel. Industrial Burning: Some industries utilize LCO as a combustion fuel, though this is less common due to its higher sulfur content and potential emissions.
ADVANTAGES: Versatility: Can be further processed or blended to meet various fuel product needs. Economic Value: Provides an additional stream of revenue from the FCC process, maximizing the yield of a refinery. Feedstock Potential: Offers refineries another option for producing lighter, more desirable products
Hello Gentleman.
We are the manufacturers of Cycle Tube Solutions ( a product made from solvent oil ) , serving since 1972.
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We have three different packagings as follows
50 ml solution : 20 tubes per box and 27 boxes per Carton.
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10 ml solution : 25 tubes per box and 100 boxes per Carton.
