Buyer is interested to receive quotations for the following RFQ -
Product Name: D6 Diesel
Specifications :
Quantity: 200,000,000 to 800,000,000 Gallons
Standard Vopak To Vopak Secure Procedures
1. Buyer Issues ICPO Addressed To The Seller For Verification And Approval
2. Seller Issues CI, Buyer Signs And Returns CI, Within 24 Hours.
3. Seller Issues Authorization To The Buyer For Buyer's Vopak Terminal Manager To Communicate With
Seller's Vopak Terminal Manager To Verify The Existence Of The Products. This Is To Allow The Buyer To
Verify Fuel Is Real.
4. After Confirmation From The Buyer's Vopak Terminal Manager:
I. Vopak Terminal Agreement Or Vopak Reference Code
Ii. Vopak Barcode
5. Buyer Finalizes The Vopak Terminal Protocols.
6. Seller issues Full POP Documents To The Buyer Vopak Terminal Manager And Injection Begins
7. Upon Completing The Injection, Buyer Makes Full Payment Via MT103 TT, And The Seller Transfers
Title To Buyer
8. The Seller Pays Commission To All Intermediaries Until Contract Is Complete along with all rolls and
extensions.
Buyer is interested to receive quotations for the following RFQ -
Product: D6 Diesel
Specifications:
Qty: 100 million Gallons trial, (100 million Gallons weekly X 4 weeks)
Procedure - Rotterdam / Houston
1. The buyer issues and submits an irrevocable corporate purchase order (ICPO), together with their passport and company registration documents.
2. Seller issues Commercial Invoice (CI), and Buyer signs and
returns to Seller.
3. Seller Releases Proof of Product (POP) Documents to buyer secured email:
Fresh SGS Report (issued within the last 48 hours)
Authorization to Verify (ATV) in the seller's tank physically
Authorization to Sell & Collect Funds (ATSC)
Injection Report
Certificate of Origin (COO)
Letter of Commitment to Supply
Seller?s Tank Storage Receipt
4. Buyer verifies Fresh SGS Report.
5. Upon successful verification, Buyer makes payment by MT103 or TT wire transfer for the total
product available within 24-48hours. Extends or takes over the seller's tanks, and the seller transfers title ownership to the buyer?s name.
6. Seller pays commission to all intermediaries according to signed NCNDA/IMFPA within 48hrs.
7.. Buyer and seller sign a long-term contract for the consistent supply for mutually agreeable.
