Diesel is a light petroleum product, a complex mixture of hydrocarbons (with a carbon atom number of about 10-22), used as fuel for diesel engines. It is mainly composed of diesel fractions produced through processes such as crude oil distillation, catalytic cracking, thermal cracking, hydrocracking, and petroleum coking. It can also be produced through shale oil processing and coal liquefaction, and can be divided into two categories: light diesel (with a boiling point range of about 180-370 â??) and heavy diesel (with a boiling point range of about 350-410 â??). Widely used in large vehicles, railway locomotives, and ships.
The most important use of diesel is for diesel engines in vehicles and ships. Compared with gasoline engines, diesel engines have higher thermal efficiency and lower fuel consumption. Diesel has low energy consumption, so some small cars and even high-performance cars have switched to diesel.
1. Buyer issues ICPO, company profile, full bank details with reference person, color copy of passport
2. Seller issues Commercial Invoice (CI) to Buyer to be signed and return back.
3. Following receipt of executed CI, Seller provides Buyer with the below listed PPOP:
a. Tank Storage Receipt for fuel in shore tank
b. Injection Report
c. Product Passport Quality and Quantity Analytical Report (Q&Q)
d. Authority to Sell and Collect (ATSC) from Ministry Energy
e. Statement of product Availability from Ministry Energy
f. Certificate of Product Origin
g. Warning Letter
h. Export License
i. Unconditional DTA and ATV for execution of dip test in Seller tank.
4. Buyer conducts the Dip Test with SGS/Intertek/VERITAS/or similar inspectors at his own expense, and upon
receipt of the report sends a copy to the Seller.
5. Buyer provides logistics for storage terminal or vessel to Seller, and Buyer, Seller and their logistics schedule
injection.
6. Seller injects fuel into Buyer tanks or Vessels.
7. Within 24 hours of completion of injection, Buyer pays for product to the Seller with MT103 TT and at the same
time the Seller sends the title documents to Buyer and any additional documents of the POP.
8. After the positive execution of the initial spot Buyer and Seller sign the contract for36 months
Hello ,
Our company offers Diesel EN590 and Jet fuel from KAZAKISTAN, Houston , Fujairah, Rotterdam
FOB and CIF
Quantity can be up maximum to 200.000 MT per month.
-No payment in advance or Percentage.
Please For more information and procedures Contact us.
Procedure :
- Send LOI to Stoix Trading FZCO to initiate the process and we will send you our SCO.
1 Buyer sends ICPO in line with seller working procedures alongside his/her Tank Storage Agreement (T.S.A.) on receipt and acceptance of Seller's Soft Offer
2. Seller issues Commercial Invoice (C.I.), Buyer Signs within 24 hours and returns to Seller within its validity
3. Upon receipt and review of the signed C.I., seller issues Dip Test Authorization (D.T.A) to be completed and signed by buyer/ Buyer's logistics in order for Dip Test to be conducted alongside counter signed copies of the C.I
4. Buyer returns the Dip Test Authorization (DTA) fully completed and signed within its validity and upon successful review of the completed DTA, seller issues the below full POP documents: -
A. Fresh SGS Report (Not older than 72 hours);
B. Product Reservoir Receipt;
C. Accreditation Certificate;
D. Product Passport (Quantity and Quality Analysis);
E. Authorization to Sell and Collect Certificate (ATSCC); F. Pre-Injection Report (PIR);
G. NCNDA/IMFPA (To be completed by all intermediaries);
H. Certificate of Product Origin;
Authority to Verify (ATV) either physically or otherwise.
5. Upon receipt and confirmation of the above POP Documents, Buyer provides its testing officials (SGS or
INTERTEK) and the needed test are carried out on the product in seller's tanks;
6. Buyer upon successful Dip Test makes full payment by MT103 / TT wire transfer for the total product and Seller pays commission according to NCNDA/IMFPA to all intermediaries involved in the transaction within 24 hours after confirmation of buyer's payment and injection commences immediately.
7. Seller issues a contract for buyer's desired duration upon successful completion of the trial order.
