Russian Aviation Kerosene Colonial Grade JP54 Quantity: 500,000 bbl. lift-able at Novorossiysk (spot) Term: CI + DIP & Pay after buyer provide logistic Contract: 2,000,000 per month x 12 months Origin: Russia Delivery: FOB Novorossiysk Payment: MT103/TT Price: Gross $ 92 / Net $ 88.00 Commission: $2.00 seller side (Closed)/ $2.00 buyer side FOB PROCEDURES 1. Buyer sends ICPO and verifiable tank storage information (TSA & TSR) to Seller on receipt of Sellers Soft Offer 2. Seller issues Commercial Invoice (CI) 3. Seller Signs NCNDA/IMFPA with mandates and intermediaries. 4. Buyer signs and returns the CI and verifiable tank storage information (TSA & TSR) to Seller on receipt of Sellers Soft Offer 5. Within 24-48 hours, the refinery injects fuel into buyer’s tank 6. Seller issues Tank Storage receipt (TSR), SGS Report and Dip Test Authorization (DTA) 7. Buyer Conducts the Dip Test within 24 Hours. 8. Buyer pays via MT103 / TT after successful Dip Test, Seller issues full POP and all closing documents. 9. Seller distributes fees to mandates & intermediaries. 10. Buyer sends to buyer SPA, buyer signs and return signed with IRDLC Email: azmanazmin23@gmail
Posted on: Fri, 14 Nov 2014 23:22:30 +0000
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