Buyer is interested to receive quotations for the following RFQ -
Product Name: Diesel EN590 10ppm
Specifications :
Standard Vopak To Vopak Secure Procedures
1. Buyer Issues ICPO Addressed To The Seller For Verification And Approval
2. Seller Issues CI, Buyer Signs And Returns CI, Within 24 Hours
3. Seller Issues Authorization To The Buyer For Buyer's Vopak Terminal Manager To Communicate With
seller's Vopak Terminal Manager To Verify The Existence Of The Products. This Is To Allow The Buyer To
Verify Fuel Is Real.
4. After Confirmation From The Buyer's Vopak Terminal Manager:
i. Vopak Terminal Agreement or Vopak Reference Code
ii. Vopak Barcode
5. Buyer Finalizes the Vopak Terminal Protocols.
6. Seller issues Full POP Documents To The Buyer Vopak Terminal Manager And Injection Begins.
7. Upon completing the Injection, Buyer makes full payment via MT103 TT, And The Seller Transfers
Title To Buyer.
8. The Seller Pays Commission To All Intermediaries Until Contract Is Complete Along With All Rolls And
Extensions
Buyer is interested to receive quotations for the following RFQ -
Product Name: Diesel EN590 10ppm
Specifications :
Quantity: Trial Order:50,000MT & 200,000MT Per Month X 12 Months With R & E. Total Quantity 2.4 Million Tons Per Year
The Seller Needs To Provide 3% Performance Bond To Activate The International Letter of Credit (LC)Issued By Vietnam
From The Second Shipment Onwards Only 2% Performance Bond Is Required
This Is The Operating Procedure Of The Vietnamese Buyer Side Requested
If Seller/refinery Accept It, Buyer & Seller Can Move Forward, Seller Provide FCO To Buyer Reference Asap
