Supplier From
Poing,
Bavaria,
Germany
Supplier From
Poing,
Bavaria,
Germany
Product Origin: Kazakstan, European Union- Denmark Origin, Norway, Netherlands And Sweden Origin.
LOADING-PORT: ROTTERDAM / HOUSTON
INSPECTION: SGS or similar any university accepted Q & Q inspection company
FUEL: VIRGIN FUEL OIL D6 - $0.88 USD per GAL price
QTY: MIN 1,000,000 GAL / MAX 200,000,000 GAL
METHOD OF PAYMENT: MT103, TT WIRE, SBLC, DLC upon product arrival
DELIVERY: CIF & FOB ANY SAFE WORLD PORT
PERFORMANCE BOND: NEGOTIABLE
FOB: PROCEDURE TANK TO TANK (TTT)-3 (DIP AND PAY) - NON-NEGOTIABLE
1. The Buyer issues an ICPO with the Seller's terms and conditions along with their TSA.
2. Upon approval of the submitted documents, the Seller issues a Commercial Invoice and a Dip Test Authorization Agreement (DTA) to be signed by the Buyer and their Tank Storage.
3. The Buyer reviews, signs the Commercial Invoice and DTA with their storage company within 3 working days, and returns them to the Seller.
4. Upon receiving the signed copies of the Commercial Invoice and DTA from the Buyer and their storage company, the Seller issues the following POP documents to the Buyer:
a. Statement of Availability
b. Commitment Letter to Supply
c. Notice of Readiness to be signed by the Buyer's Tank Farm
d. Fresh SGS Report
e. Authorization for Physical Verification of the Product in the Refinery Tank
f. Product Quality Passport
g. Previous Injection Report
h. Invitation for a meeting with the refinery, to be signed by their storage company, and for their storage company officials to attend the refinery terminal for a physical meeting
5. Upon receiving the PPOP documents, the Seller requests the Buyer to provide a TR from their storage company with GPS coordinates.
6. Upon receiving the TR and GPS coordinates from the Buyer's Tank Farm, the Seller issues the injection schedule.
7. Once the Seller issues the injection schedule, they will commence injection and submit daily injection reports to the Buyer.
8. Upon completion of the injection, the Seller will issue the remaining POP documents:
a. Certificate of Origin
b. Affidavit of Transfer of Ownership of Product
c. New Injection Report
d. Authorization to Sell and Collect
9. Upon receiving the POP documents, the Buyer signs the Affidavit of Transfer of Ownership Certificate.
10. The Buyer makes the full payment via MT103/TT wire transfer for the total product, and the Seller compensates all intermediaries involved in the transaction.