Product Origin: Kazakstan, European Union- Denmark Origin, Norway, Netherlands And Sweden Origin.
LOADING-PORT: Rotterdam / HOUSTON (Price and availability must be checked daily)
INSPECTION: SGS or similar any university-accepted Q & Q inspection company
FUEL: JET FUEL A1 - $76 USD / BBLS
QTY: MIN 2,000,000 BBLS / MAX 10,000,000 BBLS
METHOD OF PAYMENT: MT103, TT WIRE, SBLC, DLC upon product arrival
Delivery: FOB - TANK TAKE OVER or TTM - ANY SAFE WORLD PORT
Performance Bond: Negotiable
FOB: Procedure TTM (TTT/TTV) - Non-negotiable
1. The buyer provides an ICPO along with their Company Registration Certificate or any valid ID and the TSA or CPA for verification and registration by the seller.
2. The seller issues a draft Commercial Invoice (CI), which the buyer signs and returns. Following this, the seller will issue an appointment letter for the TTM, to be signed by both the buyer and their logistics company, confirming their readiness to facilitate the TTM at the buyer's logistics terminal.
3. Upon confirmation of the TTM by the buyer's logistics company, the meeting takes place at the scheduled time and date, with the agenda including:
a. Verification of identification proofs for all attendees.
b. Buyer presenting Proof of Funds (POF).
c. Seller presenting hard copies of POP and SGS documents for review, no later than 48 hours before inspection.
d. Seller inspecting the buyer's designated tank/vessel to ensure readines for seamless injection operations.
4. After the successful meeting and initial inspection, the buyer may conduct a dip test in the seller's tank at the buyer;s expense.
5. The buyer completes the payment for the confirmed products as outlined in the CI.
6. The seller proceeds to inject the product into the buyer's tank and transfers ownership of the product as instructed by the buyer. The buyer then lifts the product.
7. The seller disburses payments to all intermediaries involved in the transaction. Monthly contract shipments continue as per the terms and conditions of the sales and purchase agreement between the buyer and the seller.
