TRANSACTION WORKING PROCEDURE - FOB FUJAIRAH TTT AN-03:4-1
1. Buyer issues ICPO containing the seller's procedure with banking details and scanned copy of buyer's passport along with (TSA) Tank Storage Agreement (TSA) from buyer Logistic
2. Seller issues Commercial Invoice (CI) for the available products in Tank at the Port, for Buyer's review and endorsement and return for legalization on seller's expenses.
3. Seller logistics team verify the buyer provided tank farm agreement and pay 4 days first on buyer tank farm and after confirmation of the funds by buyer tank farm, Buyer pays the remaining 1 days to his Tank Farm Company to obtain 5 Days TSR, to show both parties proof of readiness.
Seller provides below documents to the Buyer:
a) Product Quality Passport (Dip Test Result)
b) Statement of Product Availability
c) Certificate of Origin of Product
d) Injection Report
e) Dip Test Authorization letter (Unconditional) DTA
f) Authorization to Sell & Collect ATS
g) Fresh SGS Report (Not Older Than 48 hrs.)
h) Authorization to Verify the product in seller Tank ATV
i) Export license
4. The Buyer Conducts Dip Test of the product in the seller's reservoir.
5 Buyer provides Authority to Inject (ATI) from its Logistic Company to enable seller â??commence Injection of Product into the Buyer's Tank.
6. Within Twenty - Four (24) Hours upon completion of the Injection, buyer make payment for the total cost of the product injected into buyers tank by TT wire transfer to sellers nominated bank account.
7. Buyer lifts products and all intermediaries are paid; Seller and Buyer consider and signs further contracts after successful Transaction.
NOTE: If Buyer At Any Stage Of The Procedure Is Expected To Pay To Activate His Storage With A 1 Or 2-day Tsr With His Storage Company, Seller Will Provide An Irrevocable Undertaking To Reimburse Buyer For All Costs In The Event That No Verifiable Product Is Forthcoming.
TRANSACTION TERMS AND CONDITIONS:
DELIVERY: CIF AWSP (Any World Safe Port).
PAYMENT TERM: As stated on procedure
PRODUCTS ORIGIN: RUSSIAN (but can be sold with non-Russian origin document) Inspection: SGS, CCIC, CIQ or Similar.
Trial Shipments: Trial Shipments are obligatory for new clients.
Payment: - As Stated on the Procedure
Commissions: All Commissions are paid by seller and shared equally between buyer side and seller side intermediaries.
DIESEL GAS
Eastern Siberian Pacific Crude Oil (ESPO)
Quantity: SPOT AND CONTRACT BASIS
Price CIF Per Barrel
Minimum
Maximum
500,000 barrels
2,000,000 barrels
USD$70 GROSS
USD$65 NET
LIGHT CYCLE OIL (LCO)
Quantity: SPOT AND CONTRACT BASIS
Price CIF Per MT
Minimum
Maximum
500,000 MT
2,000,000 MT
USD$370 GROSS
USD$350 NET
DIESEL GAS
ULTRA LOW SULFUR DIESEL EN590 10PPM
Quantity: SPOT AND CONTRACT BASIS
Price CIF Per Metric Tons
Minimum
Maximum
5,000 metric tons
100,000 metric tons
USD$440 GROSS
USD$420 NET
DIESEL GAS
Russian Petroleum Coke
Quantity: SPOT AND CONTRACT BASIS
Price CIF Per Metric Tons
Minimum
Maximum
10,000 metric tons
100,000 metric tons
USD$180 GROSS
USD$170 NET
DIESEL GAS
Russian Diesel 5000PPM
Quantity: SPOT AND CONTRACT BASIS
Price CIF Per Metric Tons
Minimum
Maximum
5,000 metric tons
100,000 metric tons
USD$430 GROSS
USD$420 NET
AVIATION KEROSENSE GRADE 54 (JP54)
Quantity: SPOT AND CONTRACT BASIS
Price CIF Per Barrel
Minimum
Maximum
500,000 barrels
2,000,000 barrels
USD$70 GROSS
USD$65 NET
DIESEL
AVAITION FUEL GRADE A1 (JET A1)
Quantity: SPOT AND CONTRACT BASIS
Price CIF Per Barrel
Minimum
Maximum
500,000 barrels
2,000,000 barrels
USD$70 GROSS
USD$65 NET
Russian VIRGIN FUEL D6
Quantity: SPOT AND CONTRACT BASIS
Price CIF Per Gallon
Minimum
Maximum
1,000,000 Gallons
500,000,000 Gallons
USD$0.85 GROSS
USD$0.80 NET
Russian Automotive Gas Oil (AGO)
DIESEL GAS
Quantity: SPOT AND CONTRACT BASIS
Price CIF Per Metric Ton
Minimum
Maximum
5,000 MT
100,000 MT
Diesel EN 590 10pm is offered for delivery, Terms of delivery FOB Rotterdam 30000 mtn per month, Total quantity: 360 000 MT per year, Price Platts FOB Rot-terdam, minus 28 USD per mtn. Terms of payment: DLC
Price - Platts --- 40 USD
Procedure - Free Delivery in N EU
Origin - German
Max - 50,000MT Per week
Contract type - Spot/12 Month
Payment Term - Upfront Mt199
Product En590 10ppm En590 50ppm
Origin Kazakhstan Other Non-sanctioned Countries Will Be Determined by Refinery
Quantity Min Moq for Spot 50000 Mt
Delivery Term : FOB Fujairah - UAE - OR CIF
Payment Term : TBD
PRODUCT: 10PPM DIESEL FUEL EN 590
QUANTITY: Min. Quantity: 10,000 Metric Tons Max. Quantity: 300,000 Metric Tons Per Month
DELIVERY: ON FOB
COUNTRY OF ORIGIN: KAZAKHSTAN
TERMS OF PAYMENT: MT103
PORT OF DISCHARGE: ROTTERDAM/HOUSTON FOR ORDER
EN590
Your Reliable Energy Partner
Our Company - A well-established entity with direct connections to reputable refineries and a valid registration code.
Seller Mandate - We take pride in our strong relationships with refineries and financial institutions, providing ingenious solutions and a diverse supply portfolio.
Product: EN590 10PPM
Quantity: Minimum 50k MT, Maximum 500k MT
Origin: Middle East Refinery (Non-sanctioned or Embargoed)
Payment Terms: CIF
Contract: Refinery Production Contract
Delivery: Minimum 20 days
Procedure:
Letter of Intent (LOI) - Indication of quantity and price.
Formal Corporate Offer (FCO).
Acceptance and Irrevocable Corporate Purchase Order (ICPO).
