Buyer is interested to receive quotations for the following RFQ -
Product Name: Diesel Fuel En590
Specifications :
Dip & Pay Requirement For: Diesel-EN590-10ppm Tank to Vessel Fujairah
Product Origin: Kazakhstan-non-russian Countries
Procedures:
1. Seller sends SCO under Corporate Letterhead
2. Buyer issues LOI/ICPO
3. Seller sends SPA Contract Draft & following Documents to the Buyer for verification:
A. Injection Report
B. Dip Test Authorization Letter (DTA)-UNCONDITIONAL
C. Authority to Sell & Collect (ATSC)
D. Fresh SGS Report
E. Authorization To Verify The Product In The Seller’s Tanks-unconditional
4. Within 48hours, The Buyer Verify Pop Documents And Sends Q88 To The Seller.
5. Buyer Conducts Dip Test In The Seller’s Tanks. Unconditional
6. Upon Completion Of Successful Dip Test Report Seller Injects The Product In The Seller’s Tanks To Buyer’s Vessel, And Buyer Makes Payment For The Full Value Of The Product Via Mt103 In Exchange For The Title After Sgs Certification At Buyer’s Vessel.
7. Upon Receipt Of The Payment For The Product, The Seller Pays Own Agents While The Buyer Pays Own Agents Involved In The Transaction
8. Upon Satisfactory Conclusion Of Trial Transaction, The Principal Parties Sign Sales And Purchase Agreement (spa) For Monthly Delivery With Rolls And Extensions.
Note 1 : Seller Must Present Corporate SCO Undercover Seller's Letterhead To Authenticate The Offer
