1. Buyer issues ICPO describing Banking Coordinate with Corporate Profile (CP) and data page of buyer's Passport.
2. Seller issue Commercial Invoice to the buyer, buyer sign and return Commercial Invoice to seller for legalization. And NCNDA/IMFPA signed by all intermediaries involved in the Transaction with commission structure and sent for Seller General Director for endorsement and Notarization..
3. Seller send to buyer legalized CI and proceed in requesting the services of SGS company to carry out Fresh Q&Q on the product in sellers Tank and SGS company sends fresh SGS report of the product to buyer company, and Seller releases the below POP documents:
a. Product Passport
b. Fresh SGS report
c. Unconditional DTA (Dip Test Authorization)
d. ATV (Authorization To Verify)
e. ATSC ( Authorization To Sell & Collect)
f. Valid TSR ( Tank Storage Receipt )
4. After confirmation of the sellerâ??s product and POP document, buyer leases and provides seller with a minimum of five (5) days tank storage receipt (TSR) or buyer take over seller tank.
5. Seller Endorse and Notarized the NCNDA/IMFPA and send to Seller's bank for registration & legalization to Secure commission Payment and sends a copy to Intermediaries Representative.
6. Buyer send an official letter to seller indicating all additional documents needed from the seller.
7. Seller provides buyer with all documents needed for the transaction and also one year contract to be reviewed and signed by both parties.
8. Buyer makes 100% payment by MT 103 TT wire transfer for the total product value.
9. Seller transfers the product title to buyer and pay all intermediaries involved according to the signed NCNDA/IMFPA within 24 hours of Buyer payment. (I/S)
CONTRACT QUANTITY: 4,000,000 BARRELS X 12 MONTHS (R& E)
Non-negotiable Transaction Procedure DIP & PAY ROTTERDAM (Tank to Tank)
1. Buyer issues ICPO describing Banking Coordinate with Corporate Profile (CP) and data page of buyerâ??s Passport.
2. Seller issue Commercial Invoice to the buyer, buyer sign and return Commercial Invoice to seller for legalization. And NCNDA/IMFPA signed by all intermediaries involved in the Transaction with commission structure and sent for Seller General Director for endorsement and Notarization..
3. Seller send to buyer legalized CI and proceed in requesting the services of SGS company to carry out Fresh Q&Q on the product in sellers Tank and SGS company sends fresh SGS report of the product to buyer company, and Seller releases the below POP documents:
a. Product Passport
b. Fresh SGS report
c. Unconditional DTA (Dip Test Authorization)
d. ATV (Authorization To Verify)
e. ATSC ( Authorization To Sell & Collect)
f. Valid TSR ( Tank Storage Receipt )
4. After confirmation of the seller's product and POP document, buyer leases and provides seller with a minimum of five (5) days tank storage receipt (TSR) or buyer take over seller tank.
5. Seller Endorse and Notarized the NCNDA/IMFPA and send to Seller's bank for registration & legalization to Secure commission Payment and sends a copy to Intermediaries Representative.
6. Buyer send an official letter to seller indicating all additional documents needed from the seller.
7. Seller provides buyer with all documents needed for the transaction and also one year contract to be reviewed and signed by both parties.
8. Buyer makes 100% payment by MT 103 TT wire transfer for the total product value.
9. Seller transfers the product title to buyer and pay all intermediaries involved according to the signed NCNDA/IMFPA within 24 hours of Buyer payment. (I/S)
For petroleum products, we can put you in touch with our friend end-sellers or title holders who can provide dependable and sincere offers for express work with non-sanctioned origins.
Please contact us only if you are the real end buyer or his direct mandate.
Russian Mazut M100 is a fuel oil that is manufactured to GOST specifications, GOST 10585-75 (not active), GOST 10585-99 Oil fuel (GOST is the Russian system of standards, much like ASTM, for example). Mazut is almost exclusively manufactured in the Russian Federation, This kind of oil is graded as the heavy furnace oil. The product is produced from the remains of raw oil processing. This kind of mazut is produced only from the low sulphur raw oil. This product is typically used for larger boilers in producing steam since the BTU content is high. The most important consideration (not the only consideration) when grading this fuel is the sulfur content, which can mostly be affected by the source feedstock. For shipment purposes, this product is considered a product, and because viscosity drastically affect whether it is able to be pumped, shipping has unique requirements. Mazut is much like Number 6 Oil, and is part of the products left over after gasoline and lighter components are evaporated from the crude oil.
The main difference between the different types of Mazut-100 is the content of sulphur. The grades are represented by these sulfuric levels:
Very Low Sulphur is Mazut M100 with a Sulphur content of 0.5%
Low Sulphur is Mazut M100 with a Sulphur content of 0.5%
Normal Sulphur is a Mazut M100 with a Sulphur content of 1.0-2.0%
High Sulphur is a Mazut M100 with a Sulphur content of 2.0-3.5%
The amount of sulfur affects how clean the oil burns, and in turn the emissions it creates, as well as the amount of buildup that accumulates within the engines and furnaces that burns it. M100 prices are often determined by its point of origin and mode of production. Apart from shipping charges and regulations, product quality is considered to be more essential.
When petroleum is distilled, fuel oil is produced as a residue or distillate. Any fuel oil is a form of petroleum that is burned to produce energy or heat for running an engine. These are usually low-quality oils that are heated in a furnace or boiler and used in a number of industries. MAZUT is such fuel and is typically used in generating plants and factories. Of course, different plants have expected requirements and specifications of their fuel and this is why MAZUT M100/99 and GOST 10585-75 are produced according to industry ISO standards.
