FOB: PROCEDURE TANK TO TANK (TTT)-2
NON-NEGOTIABLE
F.O.B. FREE ON-BOARD TANK TO TANK PROCEDURE (DIP AND PAY)
1. Buyer issues ICPO and Company Registration Certificate or any I.D. With TSA for
seller's verification.
2. Seller issue Draft Commercial Invoice, Buyer signs and returns to Seller with his Tank
Storage Agreement.
3. Seller lease and pays the buyer's tank for 3 days for the tank to tank Injection Process,
Buyer do pay his Tank Farm Company for 2 days after the Tank Farm Company has received
the payment from Seller Company. (Note: If buyer has existing TSR and or buyer can provide
TSR after the sign of commercial invoice on its own, there will be no need for joint payment
for the buyer tanks.
4. Seller provides buyer with FULL POP Documents:
Fresh SGS Report less than 48 hours
Dip Test Authorization-Unconditional
Injection Report
Storage Receipt with GPS Coordinates
Tank Farm Bar-code Information
Letter of Commitment to Supply.
Registration Certificate & Export License Copy
Authority to Sell & Collect (ATSC)
Endorsed Injection Schedule by the buyer & buyer Tank Farm
ATV - For Physical Verification
Irrevocable Commitment to Supply for Spot and 12 months Contract
Injection Schedule signed by buyer & buyer's tank farm
5. Buyer conducts Dip-Test in seller's tank; via SGS on buyer's cost seller inject the fuel
into buyer's tank and Buyer makes payment based on Q&Q by MT103 wire transfer / TT
according to the final Commercial Invoice.
6. Seller transfers the title of ownership as per Buyer's instruction. Buyer lifts the
product.
7. Seller pays all intermediaries involved in the transaction and subsequently monthly
contract shipment continues as per terms and conditions of the sales and purchase
agreement contract between buyer and seller
1. Buyer issues an Irrevocable Corporate Purchase Order (ICPO), TSA/CPA, and provides complete banking information.
2. Buyer and Seller sign the Sales and Purchase Agreement (SPA) and Proforma Invoice (PI). Within 7 working days, the Buyer issues a Letter of Credit via Swift MT700.
3. Seller allocates the product to the Buyer and provides the following Proof of Product (POP) documents on a periodic basis:
a. Shore Tank Quality and Quantity Report
b. Time Sheet
c. Sample Receipt
d. Commitment Letter to Supply
e. Authorization to Sell & Collect (ATSC)
f. SGS Report or equivalent (issued within 48-72 hours)
g. Product Injection Report
h. Authorization to Sell and Collect Certificate
i. Port Clearance Authorization
j. Certificate of Origin
k. Unconditional Dip Test Authorization, allowing Buyer's chemist or SGS team to verify product quality and quantity in the Seller's leased tanks
l. Proforma Invoice reflecting the total product value
4. Seller issues Authorization with tank location coordinates and terminal access, enabling the Buyer's chemist or inspection team to physically verify and conduct Diptests at the Seller's or refinery's storage tanks at the port.
5. Product injection into the Buyer's designated storage facility begins.
6. Upon completion of the injection, the Buyer makes full payment for the total product value via MT103/Telegraphic Transfer (T/T) within 1-2 banking days. After payment confirmation, the Seller transfers the Title of Ownership and all relevant export documents to the Buyer or the Buyer's bank for record and customs clearance purposes.
Dear Sir
We Azimut Trade LLC Represent Major Oil Refineries Here In.
We Can Supply You En590, D6, D2, Jet A1, Jp54, Lng, Lpg, Lco, Petcoke, Mazut, Bitumen, Automotive Gas Oil(ago), Base Oil, Export Blend Crude(espo), Gasoline, Diesel Ultra-low Sulphur, Urea, Rebco On Cif Aswp, TTo, Fob And TTT and Tank To Vessel Basis.
FOB TRANSACTION PROCEDURE
1. Buyer issues ICPO alongside with BCL (To name of Seller) and Buyer
Company Registration, Company Profile, CPA / TSA.
2. Seller issues Commercial Invoice (CI) for the available quantity in the Seller Storage
Tank to the buyer. The Buyer signs and returns the CI to the seller with proof of funds
(POF) assigned to Sellers Attorney to expedite this transaction.
3. All Parties sign IMFPA and return for the Seller's Bank acknowledgment.
4. The Seller issues the POP documents as below and sends them to the Buyer:
A. Commitment to Supply
B. Certificate of Origin
C. Product Passport
D. Unconditional DTA
E. Fresh SGS (not older than 48 hours)
F. Tank Storage Receipt (TSR)
G. Injection Report
5. Upon Successful Dip Test Inspection in Sellers Tank, Buyer submits the
Tank Farm or NOR from his Shipping Company, and Seller injects the product into the
6. Within Twenty-Four (24) hours, Buyer issues 100% (MT103/TT) wire transfer
payment to the seller.
7. Seller pays commission to all the intermediaries.
8. Seller transfers the product title with the complete POP Documents to the Buyer and
pays the commission to the Intermediaries as per Master Fee Agreement.
9. Monthly contract to supply commences (12 months). For the contract, a revolving
IRDLC / SBLC will be required to be issued for the full term of the contract.
- Buyer must provide ICPO
- Buyer must provide MT199 as proof they can do the deal (this is non negotiable)
- Once the MT199 is provided buyer gets everything they need to verify the product, including full POP, with ATV (authority to verify, so they can engage the tank farm) and ATD (authority to dip)
- If they have an existing SGS account, they will do this for them same day .
SGS will then provide a full report
- CI sent to buyer and transaction completes
EN 590 10 ppm
1. Meeting at the office in with our partners, if necessary, they will conduct a tour of the plant
2. BCL display
3. I will put the volume on the partner's company
4. POP output
5. Checking the resource
6. Payment
7. Setting up the ship, loading the resource
The price of Gulf ARA is $ 35(in MT, 7.5%).
The volume is generally 100.
I am Mr. Serge, a direct representative of a company located in Kazakhstan. We supply products such as gasoline, diesel fuel En590 10 ppm, D6, D2, LNG, liquefied petroleum gas, petcock, jet fuel A1, etc...
Please check out our offers and leave a review if you are interested in purchasing any of our products.
LODAING PORT ROTERDAM HOSTEN OMAN
Product Origin Kazakhstannon sanctioned
Documents OMANI
TERMS OF DELIVERY FOBTTOTTTV CIF
TERMS OF PAYMENT SBLCDLCMT 103
PACKING BULK DESTANTION PORT ASWP
PRICE NonNegotiable see Below
Fob ROTERDAM HOSTEN TTOT and TTV Net price US 48000 PMT Gross price US 49000 PMT
CIFASWP Net price US 49000 PMT Gross price US 50000 PMT
Required Documents BCL ICPOKYCCOPY OF PASSPORTCOMPANY PROFILE TRATRSQ88 CPA
For interests please submit ICPO Company Registration Certificate and CPA
(En590 10ppm)
Available in Rotterdam, Houston & Fujairah
(Jet Fuel A1)
Available in Rotterdam, Houston
SPOT & Annual
The MOQ regarding En590 10ppm is 100,000 MT
The MOQ regarding Jet Fuel A1 is 2000,000 bbls
This procedure is NON-NEGOTIABLE
En590 10ppm Price: -20 off the platts price
Jet Fuel A1 price: NWE Platts -2/bbl (gross)
Commission regarding En590 10ppm: 10$/MT will be paid to the buyer side .
Commission regarding Jet Fuel A1 : 2$/bbl will be paid to the buyer side
POF:
MT 190 won't be accepted as a POF by the seller
BCL + ATV will be accepted as a POF
NOTE:
~*IF your buyer accepts the price , procedure and instructions with no negotiation, after his sent documents are approved , a meeting could be held in the UAE/Turkey/Rotterdam/Houston with the title holder , only in order to build trust
~PPOCEDURE
1. The buyer issues an irrevocable purchase order (ICPO) with clear specifications, including quantity, delivery terms (TTV or TTT), the buyer CIS, and banking details.
2. The seller issues a commercial invoice based on the ICPO.
3. The buyer signs and returns the invoice.
4. The buyer provides an Authorization to Verify (ATV) via bank-to-bank communication, confirming their financial capability to meet the payment obligations.
5. Delivery of Proof of Product (PPOP):
The seller provides the buyer with product proof documents, such as the product passport, certificate of origin, SGS report (quality analysis), and tank storage receipt.
The seller grants a Dip Test Authorization (UDTA) to the buyer, allowing access to the sellerâ??s tank for two working days to perform the dip test.
6. Buyerâ??s Verification and Dip Test:
The buyer reviews all provided PPOP documents.
The buyer conducts the dip test (physical test) in the seller's tank through an independent inspector, such as SGS, at their own expense.
7. Payment After Verification:
Once the buyer confirms that the product meets the agreed-upon requirements, they proceed with the payment.
