Jet Fuel A1 Fob Rotterdam from
Krgyzstan, Georgia or other Non-Sanctioned Countries.
Procedures
1.Buyer issues ICPO and other required documentation including pof for Sellers verification.
2. Seller issues Initial Commercial Invoice, Buyer signs and returns to Seller with his Tank Storage Agreement or CPA.
3. Seller provides buyer with FULL POP Documents: A. SGS Report- updated in past 48 hours
B. Unconditional Dip Test Authorization
C. Injection Report at Rotterdam
D. Tank Storage Receipt with GPS Coordinates
E. Tank Farm Bar-code Information
F. Letter of Commitment to Supply
G. Registration Certificate & Export License Copy
I. ATV â?? For Physical Verification without conditions
J. Product Injection Report at Rotterdam
k. Product Passport
L. Irrevocable Commitment to Supply for Spot and 12 months Contract
5. Buyer conducts Dip-Test in Sellers tanks, via SGS at Buyers cost;
6. Buyer provides TSR or Vessel storage for injection of product; Seller injects the fuel into Buyers tanks and Buyer makes payment Based on Q&Q by MT103 wire transfer / TT according to Sellers final Commercial Invoice.
7. Seller transfers the title of ownership as per Buyers instruction. Buyer lifts the product.
7. Buyer and Sellers pay their Consultants/Intermediaries or JV Partners involved in the transaction for this and subsequent monthly contract shipments as per terms and conditions of the sales and purchase agreement contract between buyer and seller.
8. Contract begins with Rolls and Extension
Now the BCL or POF or Soft Probe can be acceptable can be a call between bank to bank.
Attention the icpo
Nazih Abraham
Trans Global Energy Development Ltd,
Houston Texas,
USA
Solve the problem of tank farm costs in Rotterdam and Houston:
99.99% of new customers do not trust the availability of the goods, even despite the confirmation of the availability of the goods by the Russian Ministry of Energy and its notarized registration, which can be inquired.
Therefore, during the negotiations with some refineries, it was decided that the Refinery would pay for the tank farm, in return for which the buyer would have to pay a $ 1 million bank guarantee, and the seller would give the buyer 2% PB of the total contract.If the buyer is unable to buy, he loses $ 1 million, and if the seller is unable to provide, he pays a penalty of 2% of the total contract.
ICPO is ready for D6, JETA1, JP54
According our procedure
1-ICPO
2-SPA
3-Bank Guarantee
4-POP
5-Dip test
6-pay
FOB ROTTERDAM
JET FUEL A1 (AVIATION TURBINE GRADE A1) / JP54
Price US$ 47 Gross / US$43 Net per BBL
Qâ??ty 2 Mil BBLs spot-trial, follow by 2 Mil BBLs per month x 12 months
FUEL OIL D6
Price US$ 0.74 Gross / US$0.70 Net per GAL
Qâ??ty 100 Mil GALs spot-trial, follow by 200 Mil GALs per month x 12 months
1.Buyer submits ICPO with full bank details and CP and buyer passport with POF MT 199 verbiage
2.Seller issues Commercial Invoice to buyer, buyer signs and returns it to seller, and issue POF MT199
Bank to Bank.
3.After confirming POF MT199 from buyerâ??s bank, seller releases following documents to buyer:
a. Tank Storage Receipt ,
b. Unconditional Dip Test Authorization ,
c. Authorization to Sell and Collect ,
d. Injection Report ,
e. Product Passport ,
f. Commitment to Supply ,
g. Authorization to Verify .
4. Buyer brings SGS Team for Dip Test on sellerâ??s tanks at buyerâ??s cost .
5. After successful Dip Test, buyer extends sellerâ??s tank for 2 days.
6. Within 48 hours after successful Dip Test, buyer sends full payment for the whole deal with MT103 .
7. Seller pays commission to all intermediaries involved in the transaction as signed NCNDA-IMFPA .
8.12-month Contract begins to roll and extension .
PLANNING SCHEDULE : 12 month contract; contract with rollover and Extensions MODE OF PAYMENT : MT700 and MT103/100 (Pay and Clear on Swift Payment) PRICE :
SHIPMENT : FOB and CIF
PORT OF DELIVERY : Houston TX, Rotterdam, Any Safe Port
BUYER TO AGREE TO SELLERS PROCEDURES AND PRICE. TERMS AND CONDITIONS APPLY.
PLANNING SCHEDULE : 12 month contract; contract with rollover and Extensions MODE OF PAYMENT : MT700 and MT103/100 (Pay and Clear on Swift Payment) PRICE :
SHIPMENT : FOB and CIF
PORT OF DELIVERY : Houston TX, Rotterdam, Any Safe Port
BUYER TO AGREE TO SELLERS PROCEDURES AND PRICE. TERMS AND CONDITIONS APPLY.
PLANNING SCHEDULE : 12 month contract; contract with rollover and Extensions MODE OF PAYMENT : MT700 and MT103/100 (Pay and Clear on Swift Payment) PRICE :
SHIPMENT : FOB and CIF
PORT OF DELIVERY : Houston TX, Rotterdam, Any Safe Port
BUYER TO AGREE TO SELLERS PROCEDURES AND PRICE. TERMS AND CONDITIONS APPLY.
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