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NON-NEGOTIABLE FOB JURONG PORT, SINGAPORE
TRANSACTION PROCEDURES

1. Buyer sends ICPO along with the Company Profile to the Seller on receipt of Sellerâ??s Soft Offer (SCO).
2. Seller issues a Commercial Invoice (CI) for the Buyer to sign and returns the CI with Vessel Charter Party Agreement Contract (CPA) to the Seller acknowledging Buyer is legally binding commitment to purchase under the terms and conditions herein.
2b. Seller sends the Buyer the following POP Document for Buyers verification.
a) ATSC (Authority to Sell Collect),
b) Product Passport (product Analysis Report),
c) Availability of the Product Letter,
d) Commitment to Supply Letter.
3. Sellers provide the Storage Reservoir Company details of where the Seller product is currently stored for the Buyer to contact and sign the Tank to Vessel Injection Agreement Contract (TTVIAC) with the Reservoir Company. In Other for Buyer to pay Tank to Vessel Injection charges Fees.
4. Buyer issues and present the Tank to Vessel Injection Agreement Contract (TTVIAC) and Payment Receipt to Seller for verification and acceptance.
5. Seller issues the below POP document after the confirmation of the Tank to Vessel Injection Agreement Contract (TTVIAC) and Payment Receipt.
(a) Fresh SGS report (not older than 72 hours).
(b) Tank Injection Report.
(c) Tank Storage Receipt (TSR) With terminal name, tank number, barcode and GPS Coordinate.
(d) Company Certificate.
6. Seller issues Dip Test Authorization document (DTA), which is countersigned & sealed by the Buyer, Seller, and Reservoir Company, along with the NCNDA/IMFPA, to signs by the Seller and Buyer sides, and all Mandates and Intermediaries involved.
7. After the countersigning of DTA by all parties, Seller provides the Reservoir Receipt, a Notice of Readiness (NOR) and injection schedule to Buyer upon injecting the fuel into Buyersâ?? vessel.
8. Seller injects the total product allocation into Buyerâ??s vessel and furnishes Buyer the full Injection Report document to notify and show the Proof of the Products injected into Buyerâ??s vessel and Buyer pay the total product cost by MT 103 T/T to Seller account. The Seller transfers the Title Ownership Certificate to the Buyer.
9. Seller pays commission to Agents, Brokers and Intermediaries involved in the transaction and negotiations continue for the 12 months contract to sign with the Buyer based on this contract terms.

Jet A-1 Fuel; Kazakstan, Russia and Oman origin.

Test Items Standard Test result Test Method
Melting point ?) 58-60 58.8 GB/T 2539
Oil content % (m/m) 0.80 0.49 GB/T 3554
Color +27 30 GB/T 3555
Light Stability 4 4 SH/T0404
Penetration(25,100g) 1/10 mm â?¤19 15 GB/T4985
Kinematic viscosity(100) mm2/s Report 3.9 GB/T 265
Odor 1 1 SH/T0414
Water soluble & Acid Alkali null null SH/T 0407
Mechanical impurity and water null null

SPOT DEAL: Title-Take-Over (TTO) Tank Procedure (Non-Negotiable)
Tank Storage: Jurong, Singapore Product: EN590 10PPM ULSD
Price: $550/mt (out 10/10)
Quantity: 100,000/mt
1. Buyer shall unconditionally accept the Seller's Working Procedure and sign the
NCNDA/IMFPA. The draft ICP shall be given to the Buyer to be issued to the Seller containing the quantity confirmed by the Seller and the Seller's Transaction Procedure with:
(a) Company Registration Certification;
(b) Company Banking Details;
(c) Buyer Identificiation (i.e. Scanned Passport Copy); and
(d) POF (Bank Statement in last 7 days only).
Note: The ICPO and POF must be the same company, the Seller shall not accept any JV or LOA.
2. The Seller shall issue the Commercial Invoice (CI) to the Buyer and the Buyer shall sign and endorse the Commercial Invoice and return it to the Seller.
3. Upon receipt of the endorsed Cl by the Seller, the Seller shall email the Buyer the listed documents as stated below:
(a) Product Passport (Dip Test Analytical Report);
(b) Statement of Product Availability;
(c) Injection Report;
(d) Seller's TSR; and
(e) Invoice for Title Take Over deposit fee of 1% via MT-103/TT or Cryptocurrency.
4. Upon receipt of the 1% title take over payment, the Seller shall provide the Buyer with the Unconditional Dip Test Authorization (UDTA) for the Buyer's inspection team to perform on the tank along with the Seller's representatives.
5. The Buyer shall, within 24 hours after a successful dip test in the Seller's tank, pay for the Total Product Cost less the depost fee of 1% via MT-103/TT or cryptocurrency, afterwhich, the Seller shall transfer the Title Ownership to the Buyer's Company with all exportation documents required by the Buyer for the transportation to be completed.
6. Upon the completion of the transaction, the Seller shall pay all intermediaries involved in the transaction a commission by MT-103/TT or cryptocurrency (as signed in the NCNDA/IMFPA).