FOB ROTTERDAM / HOUSTON / RUSSIAN. / U.A.E
Date of Issue: September 20th, 2023
Date of Expiration: January 19th, 2024
Ref Oil-Products: Oil-Product-2023
To End-Buyer’s / Buyer’s Mandate.
SOFT CORPORATE OFFER
FOB ROTTERDAM / HOUSTON / RUSSIAN / U.A.E.
CIF KAZAKSTAN, RUSSIA, GEORGIA, SAUDI ARABIA ORIGIN
We the undersigned LLC "CENTRAL BASE OF PRODUCTION SERVICE"" hereby issue this Soft
Corporate Offer with presented term conditions and confirm our irrevocable corporate and legal
responsibility, under penalty of perjury that we are ready, willing and able to supply the below mentioned
products herein and issue a draft Contract, then a Sales Purchase Agreement (SPA) upon acceptance of
the Seller Procedures, term and conditions stipulated herein. The procedures, term and conditions
stipulated herein are in accordance with the procedures, terms and conditions of procuring Oil & Gas
Products from the Russian Federation terms and conditions.
COMMODITIES FOR SUPPLY
AVIATION KEROSENE JET A1
Quantity: 5,000,000.00 -1,000,000.00 Barrels
FOB Price: Gross $ 72/ Net $ 70
Commission $1 Seller side $1 Buyer side
FOB TRANSACTION PROCEDURE
1. Buyer issues ICPO containing the Seller's working procedures and Buyer's banking details along with
Buyer's nominated TSA, company registration certificate and Buyer’s representative Passport.
2. Seller issues commercial invoice for the product in tanks at the port, Buyer signs and returns
commercial invoice along with an acceptance letter.
3. Seller issues a copy of fresh SGS report direct to Buyer executed tank farm, in order to verify product.
4. Upon confirmation of the successful verification of the SGS report by Buyer tank farm, Buyer’s
company provides valid tank storage receipt from its logistics company. Buyer also issues POF/BCL to
supplier / seller’s company in orders to schedule the injection of fuel into Buyer’s leased tanks.
5. Seller issues following POP documents to Buyer. Buyer conducts Dip test on the product or accepts the
seller's SGS for product verification, and makes the payment for the Total value of product injected into
the tanks through the means of MT103-TT to the Seller. * Q&Q report. Injection report. * Unconditional
Dip test authorization letter (DTA). * Authorization to sell & collect (ATSC). * Fresh updated SGS report
(within 48hrs). * Authorization to verify physically the product in sellers tanks (ATV)
6. Buyer pays Buyer side intermediaries, and Seller pays Seller side intermediaries involved in the
transaction. Subsequent monthly shipments continue as per terms and conditions of the sales and purchase
agreement / contract between the Buyer and the Seller.
TANK TO TANK TRANSACTION PROCEDURES
1. Upon acceptance of sellers offer, buyer issues purchase order [ICPO], Passport copy, License and TSA.
2. Upon acceptance of buyer ICPO seller issues commercial invoice for buyer’s review and signing of the
trail lift order for the awarded allocation.
3. Buyer signs the commercial invoice and returns to seller
4. Seller lodge the sign commercial invoice with buyer license and buyer tank storage letter of readiness
with the [Authority of Chamber of Commerce and Ministry], upon successful endorsement by the
Ministry of Energy,
Seller issues the POP documents as shown below:
-Dip Test Authorization [DTA]
-Fresh SGS Report
-Q&Q Report
-Ullage Report
-Tank Storage Receipt
-Tank Injection Report
-Authorization to Sell and Collect
5. Seller commence injection to buyer tank storage, Buyer inspect by SGS.
6. Seller issues document to all intermediaries involved in the transaction and to seller/buyer. Endorsed
NCNDA/IMFPA.
7. Buyer makes payment for the product via MT103 after completed injection and receiving copy of bill
of lading and seller transfers title ownership to buyer and sign yearly contract delivery.
DIP AND PAY EXTENSION PROCEDURES
1. Buyer accepts seller working procedure and issue ICPO
2. Seller issues commercial invoice (CI), Buyer signs and returns back commercial invoice.
3. Seller issue TSR with GPS coordinate to Buyer Company,
4. Buyer contacts the Seller's storage Tank Farm to request for tank extension payment invoice and
buyer pay TSR extension.
5. Upon Seller Tank Farm confirm buyer tanks extension payment, Tank Farm will issued extension
Tank Storage Receipt (TSR) in Seller/Buyer Company to enable Buyer approval to gain access to the
storage and execute the Quality & Quantity Inspection in Seller Tank Farm for FRESH Analytical
Report/Result by SGS.
6. After successful DIP test, (NCNDA/IMFPA) will be signed by all parties.
7. Seller injects product into Buyer’s vessel or injects into Buyer’s tanks Buyer or buyer take over
the storage tanks, within maximum 48 hours Buyer pays via MT 103/TT for the spot transaction and
seller issues all export documents to buyer.
8. Upon conclusion of first lift transaction seller pays all intermediaries involved in the Transaction
and proceed with the signing of contract with Buyer.
TANK TO TANK TRANSACTION PROCEDURES
1. Upon acceptance of sellers offer, buyer issues purchase order [ICPO], Passport copy, License and TSA.
2. Upon acceptance of buyer ICPO seller issues commercial invoice for buyer’s review and signing of the
trail lift order for the awarded allocation.
3. Buyer signs the commercial invoice and returns to seller
4. Seller lodge the sign commercial invoice with buyer license and buyer tank storage letter of readiness
with the [Authority of Chamber of Commerce and Ministry], upon successful endorsement by the
Ministry of Energy,
Seller issues the POP documents as shown below:
-Dip Test Authorization [DTA]
-Fresh SGS Report
-Q&Q Report
-Ullage Report
-Tank Storage Receipt
-Tank Injection Report
-Authorization to Sell and Collect
5. Seller commence injection to buyer tank storage, Buyer inspect by SGS.
6. Seller issues document to all intermediaries involved in the transaction and to seller/buyer. Endorsed
NCNDA/IMFPA.
7. Buyer makes payment for the product via MT103 after completed injection and receiving copy of bill
of lading and seller transfers title ownership to buyer and sign yearly contract delivery.
FOB TRANSACTION PROCEDURE (TANK TO VESSEL)
1. Buyer issues ICPO containing the seller's procedure with banking details and scanned copy of
buyer's passport along with Charter Party Agreement (CPA), for Seller’s validation.
2. Seller issues Commercial Invoice (CI) for the available products in Tank at the Port, for Buyer's
review and endorsement and return along with Buyer's Charter Party Agreement (CPA).
3. Seller issues to buyer Tank-to-Vessel Injection Agreement (TTVIA) to be endorsed by both
Seller and Buyer’s Logistic Company.
4. Upon returned of the endorsed TTVIA, Buyer finalized the TTVIA financial responsibility to
enable Seller release to Buyer the following PPOP documents:
a) Copy of Tank Storage Receipt (TSR).
b)Copy of Commitment Letter to Supply
c)Copy of Export License
d)Copy of Authorization to Verify (ATV) (call or email)
5. Buyer contacts the Seller’s Storage Company to verify the availability of the product and to
obtain access to enable Buyer and his team conduct dip test on the product in the Tank.
6. Seller upon confirmation of Buyer securing legal access to the product, issues Dip Test
Authorization (DTA) for Buyer to proceed for the dip test
7. Upon satisfactory result of the dip test on the product by the Buyer and his team, Seller’s storage
Company issue to Buyer the Notice of Readiness (NOR) to inject the product.
8.Buyer issues Q88 and makes available the Vessel for the injection process to commence as schedule.
9.Upon completion of the Injection, Seller releases to buyer the below POP documents
A) Copy of Product SGS Report.
B) Copy of Injection Report.
c) Copy of Authority to Sell and Collect (ATSC)
d) Copy of Product passport (analysis test report)
E) Copy of Certificate of Origin
F) Copy of NCNDA/IMFPA
10, Buyer within 74 hours pays for the total cost of the product value injected into the vessel through
MT103 TT wire transfer.
11. Seller Upon confirmation of the payment, pays all intermediaries involve in the transaction
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