We are an agency that represents a seller that offers DIESEL EN590 10 PPM at competitive conditions. The origins are NONSANCTIONED TANK TO TANK (TTT) or TANK TO VESSEL (TTV). We are only interested in real buyers. At first the seller will only contact the buyer through the agents, and only real buyers will be directly contacted once all documents are completed, provided and verified.
PRODUCT DETAILS
1. Commodity: Ultra-Low Sulphur Diesel Gasoil EN590 10 PPMÂ
2. Origin: the country is not under sanctions (Seller option)Â
3. Specification: Standard Export Quality, EN 590Â
4. Quantity: Trail shipment Starting from second shipment: 100,000 MT (One Hundred Thousand) metric tons, with a variation of +/- 5% (Plus / Minus Five Percent) Up to 200,000 MT (Two Hundred Thousand) metric tons, with a variation of +/- 5% (Plus / Minus Five Percent) with R&E by agreement between the seller and the buyer;Â
5. Terms of Contract: Delivery of first shipment is based on the SPOT CI DIP & PAY procedure. The second shipment and subsequent - under a long-term contract.Â
6. Price: Mean of Platts FOB NWE for ULSD 10 ppm (AAVBF00) with discount minus Sixty US Dollar (60 U$D). Additional charge of $5 USD IMFPA to be covered by buyer. This brings total discount of $55 USD after taking into account for IMFPA.
7. Delivery basis: FOB Rotterdam (Tank to Tank or Tank to Vessel).
8. Inspection: SGS/SayBolt/Intertek Q&Q
Procedure:
1. Potential buyers provide CIS/KYC + TSA info and a redacted bank statement to enable the due diligence process.
2. Within 48 hours DD will be finalized
3. Seller provides FCO
4. Buyer sends ICPO, POF (MT199)
5. Buyer and agents prepare contract with each other
6. Seller submits CI and FULL POP as follows:
1. Quantity and Quality Certificate (SGS) 48hrs fresh
2. Tank Storage Receipt (TSR)
3. Product Passport (Dip Test Result)
4. Authorization Letter to Verify the Product with the Tank Farm
5. Authorization to Sell/ Collect (ATSC)
6. Dip Test Authorization
7. Seller issues the following documents to all Intermediaries and the Buyer endorsed NCNDA/IMFPA
7. Buyer arranges dip test by his SGS team (Optional) and effects payment by MT103 or TT wire transfer for the total product available.
8. Seller change title of ownership to buyers name and buyer lifts the product.
The dealer company is looking for Buyers for diesel fuel EN 590 10 ppm produced in Azerbaijan in volumes from 5,000 to 15,000 metric tons per month on EXW terms, Klaipeda Sea port terminal (Lithuania), according to Incoterms 2020. Total quantity: 5,000 - 180,000 MT per year. The first batch is trial, with a possible extension of the Agreement for 11 months; Payment terms: DLC (MT700), irrevocable, divisible, transferable; Price: $670 - $680 per ton; Product quality: European Union standard EN 590; Inspection: SGS/equivalent; Performance guarantee: 2% of the nominal value of the monthly delivery by the Seller's Bank to the Buyer's Bank; Delivery term: within 20 working days from the date of issue of the letter of credit by the Buyer. Contact person: Nik
