VTO PROCEDURES - FOB ROTTERDAM/HOUSTON/FUJAIRAH TRANSACTION PROCEDURES (VESSEL TAKE OVER)
1. Buyer provides ICPO incorporating seller's procedures, Buyer RWA + ATV for seller to perform due diligence and verify POF with Buyer's Bank.
2. Seller sends signed Commercial Invoice (CI) to Buyer and Buyer countersigns and sends CI back to seller within 48 hours. NCNDA+IMFPA is completed and signed off by all parties.
3. Products will be loaded onto a vessel at the seller's loading port and fresh SGS will be completed and provided to the buyer.
4. The seller will provide the buyer with a copy of the Charter Party Agreement; therefore, the buyer can view the vessel as it is moving to the destination port.
5. Upon arrival of the vessel tanker at the final discharge port, the buyer shall show updated POF, conduct the SGS/CIQ Inspection (optional at buyer's expense) and make the payment for the full shipment via TT Wire or MT103 TT (Wire Transfer) WITHIN 48 HOURS.
6. The seller transfers ownership of the product and the buyer takes over the vessel.
7. The seller pays all buyers and seller intermediaries the full commission amount as stated in the NCNDA/IMPA agreement. Subsequently, the monthly contract proceeds as outlined in the terms and conditions of the sales and purchase agreement between the buyer and the seller.
On boarding process:
Corporate profile, CIS or KYC must be submitted to receive the name of the seller to create the
ICPO.
Commission is included and paid by the seller.
The buyer submitting must have their own VOPAK account. No JVs are allowed for VOPAK
account accesses. The refinery will look up the name on the ICPO and have VOPAK reach out
directly. If the company name on the ICPO does not have a VOPAK account, it will be rejected
and potentially blacklisted by VOPAK.
Procedures
VOPAK to VOPAK Procedures
1. Buyer issues ICPO with their full details and Seller issues commercial invoice to buyer for signing.
2.Buyer signed a commercial invoice and send it back to the seller.
3.Buyer and Seller signed agreement with VOPAK.
4.After the agreement, the seller scheduled a date for the dip test.
5.Buyer conducts Vopak for dip Test.
6.Seller issue title transfer of ownership to buyer and seller starts injecting product to buyer tank.
7.After completion of the injecting product into the buyer tank, buyer pays to seller provided
account or wallet and seller releases all documents to buyer. (KZ origin docs)
Product Availability
Aviation Kerosene Colonial Grade Al (Jet Al Fuel)
Houston Available January 20th
, 2025
Initial Lift 5,000,000 Barrels Jet A1 Rotterdam | Price: Gross Platt 7 | Net Platt 5
Contract up to 10,000,000 Barrels Jet A1 | Monthly x 12 Months | Pricing: Negotiable
Rotterdam Available January 20th
, 2025
Initial Lift 5,000,000 Barrels Jet A1 Rotterdam | Price: Gross Platt 7 | Net Platt 5
Contract up to 10,000,000 Barrels Jet A1 | Pricing: Negotiable
1
UltraLow Sulphur Diesel En590 10 ppm
Rotterdam Available January 20th
, 2025
Initial Lift 200,000 MT En590 Rotterdam | Price: Gross NWE Platt 40 | Net NWE Platt 35
Contract up to 1,000,000 MT/ Monthly x 12 Months | Pricing: Negotiable
Available for sell:
Producer: Saha Ekram Amir Refinery.
Product: HSFO 380 CST
Quantity: 60,000 MT Trial Lift. For the Contract theyll do 60,000-150,000 MT per month
Quality: According to specifications known and accepted by the customer
Delivery: 12 month contract
Origin: Irak
Destination: Port TBN
Price (US$/TM): MEG Platts MOPAG380 minus 14$/MT
Incoterms: FOB Irak
Payment terms: TBD
32505 Petroleum By Products Suppliers
Short on time? Let Petroleum By Products sellers contact you.
Hello,
We can supply petroleum products at following price and procedures:
Export Grade: LOADING PORTS- ROTTERDAM/HOUSTON Origin: Kazakhstan
Payments Term: MT103/23/ TT wire transfer
Inspection by: SGS, INTERTEK OR SIMILAR
JET FUEL A1 (AVIATION KEROSENE COLONIAL GRADE A1)
Quantity: Minimum 1,000,000 BBL spots / Maximum 5,000,000 BBL per month FOB PRICE: Gross USD 90 NET PRICE: USD 86
(Commission: Seller 50 / buyer 50)
EN590 (10 PPM)
Quantity: 100,000 MT 500,000 with possible Roll & Extension FOB PRICE: Gross USD 420 NET PRICE: USD 400 (Commission: Seller 50 / buyer 50)
EN590 (50 PPM)
Quantity: 100,000 MT 500,000 with possible Roll & Extension FOB PRICE: Gross USD 420 NET PRICE: USD 400 (Commission: Seller 50 / buyer 50)
APPROVED FOB DELIVERY PROCEDURE
1 Buyer sends ICPO in line with seller working procedures alongside his/her Tank Storage Agreement (T.S.A.) on receipt and acceptance of Seller's Soft Offer
2. Seller issues Commercial Invoice (C.I.), Buyer Signs within 24 hours and returns to Seller within its validity
3. Upon receipt and review of the signed C.I., seller issues Dip Test Authorization (D.T.A) to be completed and signed by buyer/ Buyers logistics in order for Dip Test to be conducted alongside counter signed copies of the C.I
4. Buyer returns the Dip Test Authorization (DTA) fully completed and signed within its validity and upon successful review of the completed DTA, seller issues the below full POP documents: -
A. Fresh SGS Report (Not older than 72 hours); B. Product Reservoir Receipt;
C. Accreditation Certificate;
D. Product Passport (Quantity and Quality Analysis);
E. Authorization to Sell and Collect Certificate (ATSCC);
F. Pre-Injection Report (PIR);
G. NCNDA/IMFPA (To be completed by all intermediaries); H. Certificate of Product Origin;
Authority to Verify (ATV) either physically or otherwise.
5. Upon receipt and confirmation of the above POP Documents, Buyer provides its testing officials (SGS or INTERTEK) and the needed test are carried out on the product in sellers tanks;
6. Buyer upon successful Dip Test makes full payment by MT103 / TT wire transfer for the total product and Seller pays commission according to NCNDA/IMFPA to all intermediaries involved in the transaction within 24 hours after confirmation of buyer's payment and injection commences immediately.
7. Seller issues a contract for buyers desired duration upon successful completion of the trial order.
All intermediary is paid within 48 hours and seller and buyer consider and sign contract.
Pme b100 biodiesel (feedstock rbd palm olein , malaysian origin). En14214 and astmd6751 certified
Rme b100(en14214 and astmd6751 certified)
Sme (b100 and b99) usa and south america origin)
We prefer bulk orders minimum 1 year.
Payment 100% lc at sight by prime intern bank.
Prices mentioned are a indication and are subject to chance.
We have strong suppliers for Crude Oil and also Refined Petroleum Products.
Bonny Light Crude Oil coming from a first party re-seller (Allocation Holder) participating in the off OPEC
crude oil. CIF \ TTO \ FOB Bonny terminal Nigeria
JET A1 and EN590 IN Fujairah, Rotterdam, Jurong, Bukon, Klang and Houston
EN590 available in the following ports:
Fujairah: 400,000MT Rotterdam: 600,000MT Jurong: 800,000MT Bukon: 200,000MT Klang: 500,000MT Houston: 700,000MT
1The Buyer Issue an ICPO, containing the seller's working procedures and Buyers Banking details, along with TSA (TANK STORAGE AGREEMENT) , Buyer Certificate of Incorporation, Company Profile (CP) and International Passport Copy.
2. Seller issues ICC Warning Letter and Commercial Invoice of products in tank at port. Buyer signs and returns commercial invoice with acceptance letter stating to adhere to Seller procedure.
3. The Seller visits Buyer Tank Farm Office with a copy of the SGS Report and shows SGS report strictly to the Buyer's Tank Farm Company only to verify the SGS Report Quality and Quantity with SGS office.
4. After confirmation of successful verification of SGS Report only by Buyer's Tank Farm Company, the Seller pays Buyer's Tank for the first 3 days and the Buyer pays his Tank Company for 3 Days after his Tank Company receives payment from the Seller Company.
5. Buyer Tank Farm provides 6 days TSR.
6. Seller sends injection schedule and Buyer returns signed and sealed Injection Schedule.
7. Seller commences injection of the product to Buyer Tank and completes the injection.
8. The Seller issues the following POP documents to the Buyer; the Buyer performs a Dip Test on the product if needed and makes payment for the total value of the product injected into the tank via MT103/TT:
(a) SGS report for quality and quantity at shore tank not older than 48 hours
(b) Tank storage receipt with full GPS coordinates
(c) Product Certificate of Origin
(d) Product injection report at shore tank
(e) Unconditional dip test authorization letter
(f) NCNDA-IMFPA agreement
(g) Q&A
(h) Authorization to sell and collect
9.Seller sends payment to all intermediaries involved in the transaction 24 hours after receiving confirmation of Buyer Payment as per signed & sealed NCNDA/IMFPA which is notarized by Public Notary in Kazakhstan and Authorized by Seller's Bank and then monthly remittance is continued as per terms and terms of the contract of sale and purchase agreement between the buyer and seller.
Current Prices and commissions:
EN590
A) FOB DIP PAY (TTT) USD530MT
B) FOB (TTT_TTV) USD510MT
JET FUEL A1
A) FOB (TTT_TTV) USD70
B) FOB DIP PAY (TTT) USD80
BUYER SIDE COMMISSIONS:
EN590
DIP PAY (TTT) USD15
TTT/TTV: USD20
JET A1:
TTT/TTV: USD2
DIP PAY(TTT) USD2
JET A1 and EN590 IN Fujairah, Rotterdam, Jurong, Bukon, Klang and Houston
EN590 available in the following ports:
Fujairah: 400,000MT Rotterdam: 600,000MT Jurong: 800,000MT Bukon: 200,000MT Klang: 500,000MT Houston: 700,000MT
TANK TO TANK-STANDARD PROCEDURE AGREEMENT (TTT)
1. Buyer confirms Soft Offer and issues an official Irrevocable Corporate Purchase Order (ICPO) along with company registration and Valid Passport Copy. CIS on buyer's company
letterhead along with TANK STORAGE AGREEMENT (TSA)
2. Seller issues commercial invoice of products in tank at port, buyer signs and returns commercial invoice with acceptance letter stating to adhere to seller procedure
3. Seller provides buyer with the below listed PPOP:
A. Tank to Tank Injection agreement (TTIA)
B. Product Passport (product analysis report)
C. Irrevocable Commitment Letter to Supplier
D. Statement of Product Availability
4. Buyer returns signed Tank to Tank Injection agreement (TTIA) with ATV to verify from buyer's Tank Farm which means buyer has storage facilities in favor of buyer to receive product
5. Seller issues injection schedule to sign and seal from buyer Tank Farm and Seller commence injection of the product into buyer's tank.
6. The seller issues the following POP documents to the buyer; the buyer performs a Dip test on the product if needed and makes payment for the total value of the product injected into the tank via MT103 -TT:
(a) SGS report for quality and quantity at shore tank not older than 48 hours
(b) Product Certificate of Origin
(c) Tank storage receipt with full GPS coordinates
(d) Unconditional Dip Test authorization letter
(e) Authorization to sell and collect
(f) NCNDA-IMFPA agreement
(g) Q&A
(i) Company Registration Certificate
7. (NCNDA/IMFPA) will be signed, within 24 hours of giving POP document
8. Seller transfer title ownership to buyer with all exportation documents required of buyer for the transaction.
9. Upon conclusion of first lift transaction seller pays all intermediaries involved in the Transaction and proceeds with the signing of contract with Buyer.
Current Prices and commissions:
EN590
A) FOB DIP PAY (TTT) USD530MT
B) FOB (TTT_TTV) USD510MT
JET FUEL A1
A) FOB (TTT_TTV) USD70
B) FOB DIP PAY (TTT) USD80
BUYER SIDE COMMISSIONS:
EN590
DIP PAY (TTT) USD15
TTT/TTV: USD20
JET A1:
TTT/TTV: USD2
DIP PAY(TTT) USD2
KINDLY CHECK OUR OTHER POSTS FOR TTT and DIP & PAY
JET A1 and EN590 IN Fujairah, Rotterdam, Jurong, Bukon, Klang and Houston
EN590 available in the following ports:
Fujairah: 400,000MT Rotterdam: 600,000MT Jurong: 800,000MT Bukon: 200,000MT Klang: 500,000MT Houston: 700,000MT
TANK-TO-VESSELS PROCEDURE AGREEMENT (TTV)
1. Buyer issues ICPO containing the seller's procedure with banking details and scanned copy of buyer's passport along with Charter Party Agreement (CPA) from buyer's Logistic Company.
2. Seller issues Commercial Invoice (Cl) for the available products in Tank at the Port, for Buyer's review and endorsement and return within 3 international working days
3. Seller issue to buyer Tank-To-Vessel Injection Agreement (TTVIA) to be endorsed by both Seller, Buyer and Buyer's shipping Company .
4. Seller issue injection schedule to sign and seal from buyer's Logistics Shipping Company and Seller commence injection of the product.
5. Upon confirmation of Sign and seal Injection schedule from buyer's logistics company with (ATV Letter). Seller release the below POP documents directly to end buyer's secure email.
a) Fresh SGS (Not Older Than 48 hrs.)
b) Legalized Commercial Invoice.
c) Commitment to Supply.
d) Injectio n Report
e) ATS -Authorization to Sell & Collect
f) Authorization to Verify (ATV) g)Dip Test Authorization (OTA)
h) Export License.
j)Statement of product Availability
j) Tank Storage Receipt (TSR) With barcode and GPS Coordinate
k) NCNDA/IMFPA
6. The Buyer Conducts Dip Test in the product in the seller's reservoir.
7. Buyer provide Authorization to Inject (ATI) from buyer Logistic Company to enable seller commence Injection of Product into the Buyer's Vessel Tank
8. Within Twenty-Four (24) Hours upon completion of the Injection, buyer make payment for the total cost of the product injected into buyer's Vessel by TT wire transfer to seller's nominated bank account.
9. Buyer lifts products and all intermediaries are paid, Seller and Buyer consider and signs further contracts after successful Transaction
Current Prices and commissions:
EN590
A) FOB DIP PAY (TTT) USD530MT
B) FOB (TTT_TTV) USD510MT
JET FUEL A1
A) FOB (TTT_TTV) USD70
B) FOB DIP PAY (TTT) USD80
BUYER SIDE COMMISSIONS:
EN590
DIP PAY (TTT) USD15
TTT/TTV: USD20
JET A1:
TTT/TTV: USD2
DIP PAY(TTT) USD2
(HS 271019)
We would like to offer: White Oil. CAS No.: 8042-47-5. Our white oil is intended for applications requiring colorless and odourless oils. Quality: pharma-grade, technical-grade. Industrial applications. User: pharmaceutical, personal care, paper, textile, etc.. Available in viscosity (Cst at 40�°C): 32, 64. Packing in nett. 200kg new steel drum. Product of Indonesia. For any interested parties, pls kindly contact for further details. Thank you.
To serious buyers
Available 34,000mt Naptha in hamryia,UAE
Price platts minus 10 USD
Available direct meeting with the seller after verification of buyer documents
Available North American products:
Product availability: BASE OIL/ ENGINE OIL/ GASOLINE/ UREA PRILLED & GRANULAR / MAZUT M100 / BITUMEN/ ESPO CRUDE OIL,COAL, PARAFFIN WAX, PROPANE, ASPHALT, KEROSINE, D2 GAS OIL/ JP54/ PETROLEUM COKE/ ETHANOL / NAPHTHA / LPG/LNG / CST 180/380 MARINE FUEL OIL.
Our producers are reputable state-owned and private refineries, and the products are easily verifiable and available for export to Asia, Middle-East, Africa and other directions between China and the majority of other active trade countries in the globe.
Product Description - AGO 50ppm (Automotive Gas Oil)
Price of product ( USD price or FOB price) - Market Price
Product origin - Oil is from a top global petroleum oil producer.
Key Specifications/Special Features - Price will be quoted FOB and in USD.
Minimum Order Size and Packaging details - Quantity of oil shipment must be worthy for transport on ships that transport crude oil and petroleum products in international waters.
Price of product ( USD price or FOB price) - Market Price
Product origin - Oil is from a top global petroleum oil producer
Key Specifications/Special Features - Price will be quoted FOB and in USD.
Minimum Order Size and Packaging details - Quantity of oil shipment must be worthy for transport on ships that transport crude oil and petroleum products in international waters.
32505 Petroleum By Products Suppliers
Short on time? Let Petroleum By Products sellers contact you.
