Fossil Fuel

This fast moving commodity relies on seriousness from both buyer and seller. Any inquiry to be taken serious by our staff will need to come with a LOI from the end-buyer.  The LOI must be complete.

Our suppliers are refineries or the direct sales mandate of the refinery.  Form these refineries we can offer the following products:
* Commodity JP54 & JPA1
* Commodity D6 Virgin Fuel Oil
* Ultra Low Sulfur Diesel
* Commodity D2 Fuel Oil (GOST 305-82)
* Mazut M100 10585/75

The detailed terms and conditions per seller are listed below.  


Offer Sellerscode FCS23/08:
The offer below is in accordance with the term and operational procedures of Oil & Gas Products from Russia Federation.
Grade:                  Russian Export Grade
Loading ports:       Vladivostok/ Novorossiysk / Primorsky / 
Rotterdam / Houston
Origin:                  Russian Federation
Contract Term:     12 Month’s minimum (with rolls and extensions)
Payments Term:    MT103/23, or LC or BG or SBLC or DLC
Inspection by:       SGS


A.  Jet Fuel JP54 (Aviation Kerosene Colonial Grade 54)

Quantity:              Min 1.000.000 BBL / Max 10.000.000 BBL per month
Price:                   Contact us
B.  Jet Fuel JPA1 (Aviation Kerosine Colonial Grade A1)
Quantity:             Min. 1.000.000 BBL spots / Maximum 10.000.000 BBL per month
Price:                 Contact us

C.  Virgin Fuel Oil D6
Quantity:            100.000.000 – 800.000.000 gallons per week
Price:                 Contact us
D.  Ultra Low Sulfur Diesel (10 PPM)
Quantity:            100.000 MT – 1.000.000 MT with possible R & E
Price:                 Contact us
E.  D2 Diesel Gas Oil L-0.2-62 Gost 305-82
Quantity:            100.000 MT – 500.000 MT
Price:                 Contact us

Standard procedure: 
1. Buyer send ICPO along with Company Profile to Seller on receipt of Seller’s Soft Offer.
2. Seller issues draft contract along with commercial invoice(CI). Buyer signs and returns commercial invoice with Tank Storage Agreement(TSA) to seller acknowledging buyer’s legally binding commitment to purchase under the terms and conditions herein.
3. Seller issue: Partial Pop Document
        * Product Passport (Q&Q) Report
        * Reservoir Receipt
        * Commitment letter to supply the said product to Buyer’s Destination port
        * Statement of Product Availability
* C
ompany Registration
4. Upon the approval of buyer TSA, buyer provides to the Seller their Tank Storage Receipt (TSR), Authorization to Inject(ATI), Authorization to Verify(ATV) from their nominated Tank Storage Company.
5.  Upon successful verification of buyer Tank Storage Receipt (TSR). The following FULL POP is provided to the buyer:
        * DIP test authorization (DTA)

        * Notice of Readiness (NOR)
        * Pre-Injection Report (PIR)
        * Authorization to Sell the Product (ATS)
        * SGS Report
6. Upon buyer’s acceptance of seller Full POP. Product is Transported/Injected to the confirmed storage Tanks of the buyer’s. Seller issues to the buyer, Title of ownership certificate to be followed by all export documentation, Buyer Conduct DIP TEST.
7. Lifting commence and buyers release payment instruments as agreed by both parties
8. Seller pays commission to all involved mandates and intermediaries within 48 hours of receipt of payment for any lift by T/T wire transfer as mutually agreed in the NCNDA/IMFPA.


Offer Sellerscode FSC29/04:
Origin:               Russian Federation

Loading ports:    Novorossiysk / Vladivostok / Primorsk/ Kuzmino/ Luga / Rotterdam / Houston

A. Aviation Kerosine Colonial grade JP54
Quantity:           1.000.000 BBL Trial / Maximum: 5.000.000 BBL Monthly
Price:                Contact us
B. Mazut M100 10585/75
Quantity:           100.000 MT Trial / Maximum: 500.000 MT Monthly.
Price:                Contact us
C. Virgin D6 fuel oil
Quantity:           100.000.000 Gallon Trial / Maximum: 500.000.000 Gallon Monthly.
Price:                Contact us
D. Diesel Gas D2 Oil Gost 305-82
Quantity:           100.000 MT Trial / Maximum: 500.000 MT Monthly.
Price:                Contact us

FOB, CI, DIP and pay transaction procedure
Terms & transaction procedures:
1. Buyer issue ICPO, and sends company certificate of registration and import license data page of buyer’s passport and his representatives or any I.D.

2. Seller Issue Draft Sales and Purchase Agreement Contract, Commercial Invoiced, buyer signs and Return Back to seller.
3. Seller Issue to Buyer the NOR (Notice of Readiness) to Commence the Injection of the product.
4. Buyer provide to Seller its Leased TANK STORAGE AGREEMENT and ATV
5. Seller pays for 3 days for lease of buyer tank. After seller payment confirmation by buyer tank farm, buyer pays 5 days in order to get TSR and submit it to seller.
6. Seller moves the fuel from refinery reservoir and injects fuel to buyer tank in Rotterdam and furnishes Buyer with the following:
       (A) Fresh SGS Report

       (B) Injection Report
       (C) Certificate of Origin
       (D)TSR
       (E) Certificate of Ownership
       (F) DTA
       (G) ATSC
7. Buyer successful Q&Q Dip Test on the product, Buyer makes the payment for the total value of the product injected into the tanks through the means of MT103-TT
8. Upon seller receipt of the payment for the product from the buyer, seller issue to buyer the Title Ownership of the product and all exporting document of the product.
9. Buyer lift the product with its vessel tanker.
10. Seller pays commissions to all intermediaries involve in the transaction according to the signed NCNDA/IMFPA.

Payment terms and transaction procedures:
1. Buyer issues ICPO to seller upon receipt of SCO from seller

2. Seller issues draft contract and commercial invoice for first trial spot delivery buyer to countersign upon acceptance of the terms and conditions.
3. Seller sends to buyer:
    * Commitment to supply
    * Product availability in storage reservoir
    * Product passport
4. Buyer provides their TSA with their respective tank operator for seller verification and acceptance
5. Upon verification of the buyer TSA and accepted by the seller buyer proceed to issue the TSR to seller
6. Seller issues DIP-test authorization to buyer
7. Upon successful  dip test, within 72 banking hours buyer makes payment by MT103 TT wire transfer for the total product available bank to bank against title and export documents and injection commence.
8. Buyer and seller pays remunerations to consultants involved in the transaction
9. After  successfully  completing  the first  trial  supply  and  the  payment  of  consignments, which was delivered to buyer. The buyer’s bank issues in favor of the seller pre-advice of the financial instrument agreed by the parties in the contract and will sends it to seller’s bank by SWIFT MT799
10. Upon verification of the pre-advice of the financial instrument of buyer, seller will provide the full pop (full proof of product) and performance bond 2,0% to the buyer, in accordance with contract.
11. The  buyer’s  bank  issues  in  favor of the seller the agreed financial instrument till  the Period of contract 12 (twelve) months, and will sends it to seller’s bank by swift.
12. In accordance with the contract, the seller begins shipment of the product

Transaction procedure (CI DIP & PAY) procedure
1. Seller Official Mandate issues SCO and buyer issues ICPO in accordance to seller working procedure.

2. Seller issues Draft Sales and Purchase Agreement Contract & Commercial Invoice (CI) to buyer. Buyer countersigns the CI and return to seller with their (BUYER) signed TSA (Tank Storage Agreement) with seller name stipulated in it as the official supplier for seller approval. NCNDA/IMFPA is also signed by all parties.
3. Seller provides to buyer full tank information to contact the tank far In order to conduct the Dip Test in seller tank, buyer must obtain ATV/ATI from their tank farm for seller to verify before they can conduct Dip Test in seller tank proving that buyer have available tank to receive the fuel. Note: If buyer does not have available tank to receive the product then the buyer will have to secure tanks for at least 2 days with tank farm where product is stored before conducting the Dip Test.

4. Seller issue DTA and TSR (seller’s tank at least 5-7 day’s validity) for buyer to order SGS and SGS will conduct Dip Test in seller tank.
5. Upon successful Dip Test report from SGS, then seller immediately inject the product into the buyer’s tank, after complete the injection, seller give the whole pop documents for export procedure request, then buyer makes the payment by MT103 to seller, after complete the titleholder transaction, then buyer release the payment.
6. Seller pays their intermediary Involved.

CI DIP and PAY Rotterdam Port
1. Buyer issues LOI to seller
2. Seller issues Draft Contract and Commercial Invoice (CI), for Buyer to countersign upon acceptance of the terms and conditions.
3. Seller sends to  Buyer:  Authority  to  Supply/Sell  (ATS),  Tank  Storage Receipt  (TSR),  Product  Passport, Company Registration Certificate and Discharge Report.
4. Buyer pays for extension of the Sellers Tank to enable buyer to conduct Dip Test in Sellers Tank according to the TSR. Seller issues to buyer: Dip Test Authorization (DTA) and Certificate of Ownership (COO).
5. Buyer conducts SGS; upon successful Dip Test verification, buyer makes payment by MT103 T/T wire transfer for the total product available and seller transfers Title of product to the buyer along with all export documentation in relation to the product
6. Payment of commissions to all intermediaries involved in the transaction within 24 hours after confirmation of the Buyers payment in accordance to each party’s respective signed NCNDA/IMFPA; Seller pays seller side & buyer pays to buyers side

Note: The above seller procedures are not negotiable


Offer Sellerscode FSC16/03:
Registered mandate since 2004 working directly with major refineries/sellers of petroleum products in the Russia Federation.
A. Diesel Gas Oil Gost 305-82
Quantity:           100.000 – 500.000 MT p month

Price:                Contact us
Ports:                Rotterdam; Novorssiysk / Primorsk
Inspection:         SGS or Equivalent
B. Aviation Kerosine Colonial grade JP54
Quantity:            2.000.000 – 3.000.000 BBL p month

Price:                 Contact us
Ports:                 Rotterdam; Novorssiysk / Primorsk
Inspection:          SGS or Equivalent
C. Virgin D6 fuel oil (0.380 Sulphur Max)
Quantity:             100.000.000 GL – 500.000.000 GL per week

Price:                  Contact us
Ports:                  Rotterdam; Novorssiysk / Primorsk
Inspection:          SGS or Equivalent

CI DIP & PAY transaction procedure
1. Buyer sends ICPO to Seller on receipt of seller’s Soft Corporate Offer.
2. Seller issues commercial invoice CI, for the available quantity to buyer, buyer Signs and returns to Seller with TSA and NCNDA/IMFPA signed by all buyer groups with commission structures.

3. Seller issues, Dip Test Authorization letter sign by all parties including buyers tank farm.
4. Upon the signing of the DTA by all parties Seller issues fresh SGS Report, Tank receipt, Injection Report, Certificate of Origin, Refinery Reservoir Receipt.

5. Buyer orders SGS to Conduct Dip test on the product in the Sellers Tank on buyers expenses upon successful dip test, Buyer provide vessel details or Tank details, Seller shall immediately submit the (SGS) inspection Report along with the full Proof of Product (POP) to the Buyer.
6. Buyer makes 100% payment by MT103 TT wire transfer for the total product and Seller pays Commission to all intermediaries involved in the transaction within 24 hours after confirmation of the Buyer Payment.

FOB CI DIP & PAY transaction procedure
1. Buyer issue ICPO to seller.

2. Seller issues Draft Contract and Commercial Invoice for buyer to countersign upon acceptance of the terms and conditions.
3. Seller sends to buyer, Commitment to supply and product availability in storage reservoir, Product Passport and Company registration certificate.
4. Buyer endorse the tank storage agreement (TSA) with the hired tank facilitator of the respective port tank farm nominated by Seller. Buyer pays the tank fee to the tank farm to enable seller Pump/Inject the product into the tank
5. Seller issue Dip-Test Authorization to buyer.
6. 
Upon successful dip test, buyer makes payment by MT103 T/T wire transfer for the total product available.
7
Seller pays commission to seller side intermediaries involved in the transaction

Tank extention FOB transaction produceres
1. B
uyer issues an official ICPO with buyer banking details & company registration certificate.
2. Seller issue draft contract/CI for buyer to countersign and return to seller.
3. Seller provides the tank farm full details contact to buyer for buyer and tank farm to finalize the number of days’ buyer wants to extend the tank.
4. 
Seller issue POP documents to buyer’s secured e-mail:
    * Tank Storage agreement
*
Tank Storage Receipt
    * Product Analysis Certificate [Product Passport]
    * Commitment to supply
    * Statement of product availability
5. Buyer pays for tank extension after receipt of POP to enable the tank farm release current TSR and inspection permit to conduct dip-test.
6. Upon tank extension, seller issue DTA to buyer.
7. Buyer conduct SGS inspection and pays for product via MT103 TT.
8. Seller pays commission within 48 hours by swift MT103 to all intermediaries as signed NCNDA/IMPFA


Offer Sellerscode FSC04/02:

 Product Quantity
 Jet Fuel “JP54” 2.000.000 BBLs (Initial Order) + 12 Months R & E
 D2 Gasoil Gost 305-82 100.000 MT (Initial Order) + 12 Months R & E
 Diesel Fuel EN590 (10PPM) 100.000 MT (Initial Order) + 12 Months R & E
 LPG 50.000 MT (Initial Order) + 12 Months R & E
 Rebco Gost 9965-76 2.000.000 BBLs (Initial Order) + 12 months R & E
 D6 Virgin Fuel 100.000.000 Gals (Initial Order) + 12 Months R & E
 Mazut M100 Gst 10585-75 100.000 MT (Initial Order) + 12 Months R & E

Origin:               Russian Federation
Inco terms:
       FOB Rotterdam/Houston/Russian Ports or CIF ASWP

Payment FOB:   By Letter of Credit “LC” & T/T Wire Transfer
Payment CIF:    By BG/SBLC MT760, Letter of Credit “LC” & T/T Wire Transfer
Inspection:       SGS Report or Similar by Seller

FOB PAYMENT & BANKING PROCEDURES
1. The Buyer Issue ICPO to the Refinery with Company Profile and copy of his International Passport (Data Page)

2. The Refinery verify the Buyer’s Profile and issues the CI for the Buyer’s Endorsement
3. The Buyer sign and return the CI with an Official Letter of Acceptance
4. The Refinery issues the Assurance/Commitment to Supply to the Buyer and release the following Documents (Quality Certificate, Export License/Approval & Statement of Availability)
5. The Refinery pump-in the product into the Buyer’s Vessel for SGS Inspection Analysis.
6. The Refinery provides the complete Exportation Documents to the Buyer
7. The Buyer issues 100% payment by Letter of Credit or MT 103 TT wire transfer for the total product

CIF PAYMENT & BANKING PROCEDURES
1. The buyer Issue ICPO to the refinery with Company Profile and copy of his International Passport (Data Page).
2. The refinery verifies the buyer’s profile and issues the Contract for the buyer’s endorsement.
3. The buyer sign and return the Contract with an Official Letter of Acceptance.
4. The refinery issues the Assurance/Commitment to supply to the buyer and release the following documents (Quality Certificate, Export License/Approval & Statement of Availability).
5. The buyer issues BG “Bank Guarantee” MT760 to the refinery nominated Banking Coordinates, covering the first-month shipment value as guarantee of payment for the entire contract duration.
6. The refinery delivers the complete Shipping and Exportation Documents to thebBuyer.
7. The buyer issues T/T or MT103 payment as per the commercial invoice to the supplier’s Bank within 48-72 hours, after the SGS/CIQ Inspection by the buyer at the destination port.