DIESEL GAS D2 GOST 305-82
Origin: Russia Quantity: 100,000 Metric Tons - 500,000MT available
Loading Port: Vladivostok
Delivery: CIF/FOB (AWSP)
CIF Price: Gross 300.00 / Net $290.0 USD per Metric Ton
FOB Price: USD Gross $280/270 Net per Metric Ton
TRANSACTION PROCEDURES CIF
1. Buyer issues an official ICPO and company certificate of registration
2. Seller issues full corporate offer (FCO) to buyer, Buyer signs and returns back to seller with letter of acceptance
3. Seller issues draft Sales and purchase agreement to the buyer, buyer signs and returns back to seller
4. Seller submit signed contract to the Russia ministries for registers and legalizes
5. Buyer makes transaction guarantee payment to obtain the ALLOCATION TRANSACTION PASSPORT CODE CERTIFICATE (ATPCC), the said amount shall be deducted from the first shipment value, both Parties lodges the registered contract with their respective Banks.
6. Seller sends scanned copies of the listed partial Proof of Product (PPOP) documents and legalized contract via email and hard copies via courier (seller pays the courier cost)
1) Copy of allocation transaction passport code certificate (ATPCC)
2) Copy of license to export, issued by the ministry of energy.
3) Copy of approval to export, issued by the ministry of justice
4) Copy of statement of availability of the product.
5) Certificate of Origin.
6) Refinery commitment to supply
7) Product passport.
7. Seller signs charter party agreement (CPA) and ensure that the shipping schedule shall be confirmed by the buyer before fixing the chartered vessel date.
8. Buyer shall issue via SWIFT bank to bank DLC or SBLC to sellers nominated bank
9. Sellers Bank shall issue via SWIFT bank to bank the full Proof of products (POP) and 2%PB to the buyers bank
10. Shipment commences as per contract schedule.
11. Within 5 working days of vessel arrival, buyer release full payment via MT103 after SGS/CIQ at the destination port and seller pays all intermediaries accordingly within 72 hours.