JET FUEL GRADE 54 GOST 10227 86

Product Overview

Description

WE DEAL DIRECT WITH SELLERS THAT ARE ALLOCATION HOLDERS.

WE HAVE ALSO D2. THE BUYER SIDE COMMISSION IS ALL OPEN.

PROCEDURES OF TRANSACTION

1. Buyer issues an ICPO along with a Bank Reference Letter addressed to Seller/Refinery that upon full confirmation and verification of refinery and partial POP document, as per his client order they will issue the required banking instruments (IRDLC).

2. Seller countersign and verify all Documentations before issuing the FULL CORPORATE OFFER.

3. Buyer signs and returns FULL CORPORATE OFFER with Letter of Acceptance. and NCNDA/IMFPA.

4. Seller issues draft contract initials on every page, signs and seals and send it to the Buyer for Buyer’s signature and seal (with amendments if any).

5. Buyer counters sign and seals the draft contract and sends via email to the Seller.

6. Seller sends the Final Approved Contract to Buyer via Secure E-mail

7. Seller Issue partial pop consisting of:

Performa invoice to legalize the Deed of transfer title document.

Copy of license to export, issued by the department of the ministry of energy.

Copy of approval to export, issued by the department of the ministry of justice.

Copy of statement of availability of the product.

Copy of the Refinery commitment to produce the product, Commitment letter to supply the product.

Certificate of Quality issued by Refinery.

A Copy of Allocation Contract

A Copy of the Confirmation of Allocation

DD on Refinery with contact information

Transneft Certificate 1 & 2

8. Buyer issues active IRDLC ( from their North American Corresponding Bank or from a major bank worldwide to the Seller.)

9. Seller Swift Full Proof of Product to the Buyer’s bank with 2% Performance Bond.

10. Seller grants access to the tank farm in Rotterdam for dip test authorization.

11. The Buyer issues the Payment Instrument for immediate lift.

12. Shipment Commences.