Buyer is interested to receive quotations for the following RFQ -
Product Name: Jet Fuel
Specifications:
Qty: Every Month The Requirement Is 2 Million To 4 Million Barrels
Procedure Of Transaction
1) Buyer issues legal ICPO + Company profile - Buyer passport
2) Title Holder confirms Buyer Documents and issue confirmation Letter to confirm.
3) Buyer visits the Title Holder administrative office for a TTM (Face to Face) meeting to sign SPA & CI and get POP.
4) Buyer conducts DIP TEST at Title Holder Tanks (Buyer borne for the SGS) and submits his carrier information (CPA).
5) Upon SGS report + POP confirmed by the Buyer, Buyer issues 30% payment MT 103/TT to the Title Holder account.
6) Seller injects to buyers’ tank or vessel; buyer confirm loading or injection and remit balance 70%. Buyer lifts the product to
their own destination.
