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Product: Virgin Fuel Oil (D6)
Origin: Russian Federation
MOQ Quantity: One Hundred Million (100,000,000) Gallons With R&e Into Yearly Contract
CIF PRICE: US$0.88 GROSS / US$0.86 PER GAL
FOB PRICE: US$0.84 GROSS / US$0.82 PER GAL

Mark Up Or Over Price Not Allowed By The Refinery***
Freight On Board (fob) Transaction Procedure:
1. Buyer accepts sellers procedure and issues Irrevocable Corporate Purchase Order (ICPO) with Tank Storage Agreement (TSA if absent buyer extends Sellers Tank Storage with product for a minimum of five (5) business days), Banking details, company registration and Valid Passport
Copy.
2. Seller conducts due diligence on buyer and issues Commercial Invoice agreement if buyer is approved. Buyer signs Commercial Invoice and returns to Seller for countersigning and endorsement.
3. Seller issues to Buyer the below Partial Proof of Product (PPOP) documents as endorsed:
Refinery Commitment to Supply
Certificate of Origin
Authorization to Sell (ATS)
Confirmation of Allocation
Product Quality Passport (Analysis Test Report)
Company Registration Certificate
4. Buyer requests for a Commitment Letter from its tank storage company to be signed by
Buyer's Tank Storage Company (if absent Buyer extends Seller Tank Storage with product for a minimum of five (5) business days), Buyer then return a copy of the Commitment Letter to be signed and confirmed by the seller.
5. Seller issues Buyer Unconditional Dip-Test Authorization Letter to enable Buyer along with its SGS team conduct Dip-Test on Seller's Tanks with its Terminal Access Permit and Clearance to come into its tank facilities to conduct its Dip test and confirm product Quantity and Quality.
6. Seller issues full Proof of Product documents:
Company Registration Certificate
Tank Storage Receipt
Fresh SGS
Injection Report
Change of Ownership Certificate
Authorization to Sell and Collect
Company Tax Payment Certificate
7. Signing of Non-Circumvention, Non-Disclosure Agreement (NCNDA)/Irrevocable Master
Fee Protection Agreement (IMFPA)-for intermediary fees protection and legalization by all intermediaries.