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Showing posts from May 28, 2023

FOB ROTTERDAM

 PRODUCT : JET FUEL A-1 ORIGIN : TBA (NON-SANCTIONED COUNTRY) / KAZAKSTAN QUALITY : INTERNATIONAL EXPORT STANDARD  TRIAL QUANTITY  : 2 Mil Bbl. Thereafter 2 Mil to 5 Mil Bbl. per month DURATION : 12 MONTH MINIMUM CONTRACT WITH ROLLS AND EXTENSIONS. TERMS OF  DELIVERY  : FOB ROTTERDAM PRICE for 12  Months  Contract  : NWE PLATTS – 5 USD/Bbl.  PRICE for Spot  Deal : NWE PLATTS – 4 USD/Bbl.  Platts Code : PJAAV00 (https://www.spglobal.com/commodityinsights/en/oil/refined- products/jetfuel ) COMMISSION : US $1.00  PAYMENT : SBLC / Transferable DLC / MT 103 / TT INSPECTION : SGS / CIQ / INTERTEK / Equivalent STANDARD SALES - PURCHASE TRANSACTION PROCEDURE 1. Buyer sends detailed ICPO with banking coordinates to the seller along with company profile, company registration certificate & passport copy. 2. Seller issues a proforma invoice & SPA for execution to the buyer. 3. The buyer bank issues pre-advise via SWIFT MT 705 to t...

EN590 10PPM Rotterdam

PRODUCT : DIESEL EN 590 10PPM ORIGIN : TBA (NON-SANCTIONED COUNTRY) / KAZAKSTAN QUALITY : INTERNATIONAL EXPORT STANDARD TRIAL QUANTITY : 50,000 MT TRIAL FOLLOWED BY 50,000 MT X 12 MONTHS DURATION : 12 MONTH MINIMUM CONTRACT WITH ROLLS AND EXTENSIONS. TERMS OF DELIVERY : FOB ROTTERDAM PRICE (NET TO THE BUYER) : NWE PLATTS – 35 USD /MT Platts Code : AAVBF00 (https://www.spglobal.com/commodityinsights/en/oil/refined- products/jetfuel) COMMISSION : US $5.00 PAYMENT : SBLC / Transferable DLC / MT 103 / TT INSPECTION : SGS / CIQ / INTERTEK / Equivalent  STANDARD SALES - PURCHASE TRANSACTION PROCEDURE 1. Buyer sends detailed ICPO with banking coordinates to the seller along with company profile, company registration certificate & passport copy. 2. Seller issues a proforma invoice & SPA for execution to the buyer. 3. The buyer bank issues pre-advise via SWIFT MT 705 to the seller bank. This message is a brief advice of the documentary credit, the full details of which shal...

JETA1 FOB ROTTERDAM

  Dr Farouk: 20/05 Till  25/05 /2023 Commodity: *Jet Fuel JA1*  Quantity:2 M barrels trial  Contract: 5 M barrels per month for 12 months.  Origin: Kazakhstan.  Port : FOB Rotterdam Tank To Tank i.  Price: *77$ USD* /BBL+1$ Commissions : 1$/BBL(0.5$ +0.5$) Note: Buyer have to provide ICPO, TSA/TSR .   Seller extends for 3 days in Buyer Tank , Seller will inject through pipeline to Buyer Tank, Dip & Pay.  Dr Farouk: Procedure for JA1 ; 1. Buyer issues CP/ ICPO upon acceptance of refinery working procedure 2. Seller issues a commercial invoice, buyer signs and returns back to the seller, along with the buyer’s leased tank storage agreement 3. Seller leases the buyer's tank for 3 days only and commences with the injection of the first-month shipment quantity from the refinery reservoir through the pipeline into the Buyers storage tank. If the injection exceeds more than 3 working days Buyer shall complete the outstanding days to enable ...

EN590 10PPM FLOAT SHIPMENT

 Available  TTO FUJAIRAH LAWYER TO LAWYER TRANSACTION PROCEDURE: 1. Buyer issues ICPO to Seller working procedure along with banking details.  2. Seller issues SPA/MOU & Escrow agreement to buyer opening for amendment, buyer reviews and signs and returns to the seller And Escrow agreement signed  3. Seller issues the POP Documents as shown below:  a). Product Passport (Quantity & Quality Dip Test Analysis Report).  b). Certificate of Origin. c). Bill of Lading. d). Statement of Product Availability.  e). Vessel Q88 & CPA. f). Cargo Manifest
 g). E.T.A. (Estimated Time of Arrival) of Vessel  h). NOR
 i). Details Captain Contact number and Email.  j). ATV  4. Upon receipt confirmation of the above PPOP documents by the buyer, Buyer conducts due diligence on the product availability via the vessel Captain and via the vessel IMO NO. 5. AFTER A SUCCESSFUL VERIFICATION AND VESSEL TRACKING, BOTH PARTIES MAKES PAYMENT BUYER & SEL...

JET FUEL A1