(Product Code: ANG-006/VO)
RUSSIAN VIRGIN FUEL OIL D6 FOB ROTTERDAM
Origin: Russian Federation
Minimum: 400,000,000 Gallons Per Month
Maximum: 800,000,000 Gallons Per Month
FOB Rotterdam Tank to Tank
FOB Price: Gross USD 0.57 Per Gallon / Net USD 0.55 Per Gallon
Contract Term: 12 months minimum (with rolls and extensions)
Payment Term: MT103
Inspection: by SGS
FOB TRANSACTION PROCEDURE
1. Buyer accepts Seller’s working procedure and issues ICPO addressed to the End Seller via Seller's representative.
2. Seller issues commercial invoice (CI) and Buyer signs and returns back commercial invoice along with Buyer’s Tank storage agreement (TSA).
3. Seller provides Buyer with the below listed PPOP.
a) Product Passport (product analysis report)
b) Authorization to verify (ATV) via email or call
c) Tank Storage Receipt (TSR)
d) Tank to Tank Injection Agreement (TTIA) to be signed by Buyer's tank farm
4. Seller provides Buyer with fresh SGS report, Injection Report, unconditional DTA.
5. NCNDA/IMFPA will be signed, Buyer within 24 hours after successful dip test in Seller’s tanks provides tank storage receipt (TSR). Seller proceeds for Tank to Tank injection and provides Buyer with the injection report of the product into buyer’s tanks.
6. Buyer makes payment for total cost of product injected into Buyer’s tanks via MT103, Seller transfers title ownership to Buyer with all exportation documents required of Buyer for the transaction.
7. Upon conclusion of first lift transaction, Seller pays all intermediaries involved in the Transaction and proceeds with the signing of contract with Buyer.
- Prices are subject to change without prior notice.
- Procedures are non negotiable.
For inquiry please contact us for proceed further.