Update Fossile fuel offer

Date issued    : 15-01-2018    
Date expires  : 31-01-2018

REF: RN-XXXXX/0053421/FOB
SOFT CORPORATE OFFER DIP & PAY TRANSACTION

AVAILBILITY OF PRODUCT IN ROTTERDAM TANK STORAGE

  • JP54 JET FUEL 2.000.000 Barrels FOB ROTTERDAM
  • D6 VIRGIN FUEL OIL 200.000.000 Gallons FOB ROTTERDAM

DIP & PAY TRANSACTION PROCEDURES (NON NEGOTIABLE):
1. Buyer issues ICPO, and company registration certificate and data page of buyer’s Passport or
any I.D.
2. Seller issues Draft Contract, Commercial Invoice (CI) & Warning Letter, buyer signs and returns back to seller with his TSA.
3. Seller lease and pays the buyer’s tank for 2 days for the Injection Process, Buyer do pay his Tank Farm Company for 3 days after his Tank Farm Company has received the payment from Seller Company.
4. Seller issues DTA and SGS report, buyer conducts Dip test on the product and makes the payment for the total value of product injected into the tanks through the means of MT103- TT.
5. Seller pays all intermediaries involved in the transaction and subsequently monthly shipment continues as per terms and conditions of the sales and purchase agreement contract between buyer and seller.

No advance payment, No product passport Fee, No transfer of ownership fee, No pipeline transfer fee or any other extra cost including any export charges or port charges at Rotterdam. It’s FOB and therefore it is seller’s responsibility to load the product.

If all the terms and condition is accepted by the buyer or buyer’s mandate, revert back with buyers ICPO and Acceptance Letter for SCO approval to close the deal. 


Date issued : 15-01-2018
Date expire  : 31-01-2018
REF No. xxxxxx/9905-653/CIF

SOFT CORPORATE OFFER CIF ASWP/ROTTERDAM

PRODUCTS PRICES LIST:
* REBCO GOST 51 858-2002 
       Max. Quantity: 1.000.000 BBL
* DIESEL D2 RUSSIAN GASOIL L-0.2-62 GOST 305-82
       Max. Quantity: 100.000 MT
* MAZUT M100 GOST-10585/75 
       Max. Quantity: 100.000 MT PER
* DIESEL OIL EN 590 10 ppm
Max. Quantity: 100.000 MT PER
*  LIQUEFIED NATURAL GAS (LNG)
Max. Quantity: 50.000 MT PER 

ADDITIONAL INFORMATION:
ORIGIN: Russian Federation.
DELIVERY: CIF ASWP with Rollover & Extension.
INSPECTION: SGS test report will be conducted at the loading port by SGS
PAYMENT INSTRUMENT: DLC/SBLC/IRDLC/BG/T/T, MT103, at Sight.
LOADING PORT: Vladivostok/Novorossiysk Port.
PERFORMANCE BOND (PB): 2% PB to be issued by Seller’s Bank in favour of the Buyer.
SHIPMENT METHOD: Via vessel or pipeline to Buyer’s tank Rotterdam port

SELLING PROCEDURES
1. Buyer issues ICPO with letter of acceptance to seller upon receipt of soft corporate offer.
2. Seller issues Sales and Purchase Agreement open for amendment for buyer review.
3. Buyer review draft agreement and returns sign copy in word format to seller.
4. Seller review contract acknowledged and return sealed to buyer for final execution.
5. Upon acceptance seller issues to buyer fresh SGS report including listed Part of Proof of Product approved by the appropriate ministry all the documents will send through courier
   A. STATEMENT OF AVAILABILITY OF PRODUCT
   B. TANK RECEIPT OF THE PRODUCT STORAGE
   C. CERTIFICATE OF ORIGIN
   D. CHARTER PARTY AGREEMENT.
   E. REGISTERED HARD COPIES CONTRACT ISSUED BY THE MINISTRY OF JUSTICE.
   F. CERTIFICATE OF CONFORMITY
   G. COMPANY CERTIFICATE OF TAX INCORPORATION
   H. FRESH SGS REPORT BASED ON INTERNATIONAL ANALYTICAL REPORT
   I. EXPORT LICENCE & ATS
6. Buyers bank open communication with seller bank and agree to issue Irrevocable non-transferable, non-assignable, non-divisible, Revolving Documentary letter of credit covering first shipment value.(Buyer’s Bank Option).
7. Seller issues all Proof of Product including the SGS based on international analytical report/BILL OF LADING to buyers Bank in accordance to instrument presented by buyer’s bank, Seller’s Bank replied with 2%PB to activate the letter of credit issued by the Buyers Bank.
8. Seller clears vessels from the commercial terminal (Russian Shore)Buyer confirm shipping documents with vessels captain while Seller effect delivery to buyer destination according to contract schedule and arrange payment to all intermediaries involved from both party representatives after confirmation of quality and quantity (Q&Q) or CIQ report.