En 590 Fuel

The dealer company is looking for a distributor of an oil refinery to enter into an annual Contract for the purchase of diesel fuel EN 590 10 ppm, of Qatar or Saudi Arabia origin in the amount of 30,000 MT per month. Total quantity: 360 000 MT per year; Terms of delivery: CIF seaport Tallinn (Estonia), Klaipda (Lithuania); Terms of payment: DLC (MT700); Price: 380 $ tons; Product quality: European Union EN 590 standard; Inspection: SGS/ Equivalent; Delivery time: shipment of the first batch within 10 days after issuing the letter of credit. Contact person: Nick

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

The dealer company is looking for Buyers for the conclusion of annual Contracts for the sale of EN 590 10 ppm diesel fuel produced in countries that are not under sanctions, in volumes from 25,000 to 100,000 tons per month, FOB Rotterdam. Delivery of the first batch of goods in the amount of 25,000 - 50,000 MT is trial; Total quantity: 300,000 - 1,200,000 tons per year; Terms of payment: MT103/TT; Price: $ 625 - 630 MT; Product quality: European Union standard EN 590; Inspection: SGS/equivalent; Transaction procedure DIP & PAY: The Buyer issues ICPO together with TSA, and the Seller, in turn, provides the Buyer with PPOP (ATV, TSR, Injection Report and DTA). Contact person: Nick

The dealer company is looking for Buyers to enter into annual Contracts for the sale of EN 590 10 ppm diesel fuel produced in non-sanctioned countries, in volumes from 50,000 to 100,000 tons per month, FOB Fujairah. The delivery of the first batch of goods in the amount of 50,000 - 50,000 MT is trial; Total quantity: 600,000 - 1,200,000 tons per year; Terms of payment: MT103/TT; Price: $ 690 MT; Product quality: European Union standard EN 590; Inspection: SGS/equivalent; Transaction procedure DIP & PAY: The Buyer issues the ICPO and after receiving the CI, provides the BCL, in response, the Seller provides the Buyer with the PPOP (Fresh report of SGS, ATV, TSR, Injection Report and DTA). Contact person: Nick

The dealer company is looking for Buyers to enter into annual Contracts for the sale of EN 590 10 ppm diesel fuel produced by countries that are not under sanctions, in volumes from 100,000 to 200,000 tons per month on the terms of CIF ports of China, Hong Kong and other countries of the Southeast of Asia. Delivery of the first batch of goods in the amount of 100,000 - 200,000 MT is trial; Total quantity: 1 200,000 - 2 400,000 tons per year; Terms of payment: SBLC; Price: $ 620 MT; Product quality: European Union standard EN 590; Inspection: SGS/equivalent; Delivery time: within 15-20 days after issuing the letter of credit. Contact person: Nick

The dealer company is looking for Buyers to enter into annual Contracts for the sale of diesel fuel EN 590 10 ppm, produced in countries that are not under sanctions, in the amount of 100,000 to 300,000 MT per month on the terms of CIF Fujairah. The delivery of the first batch of goods in the amount of 100,000 tons is trial; Total quantity: 1,200,000 - 3,600,000 MT per year; Payment terms: SBLC; Price: $ 650 per ton; Product quality: European Union standard EN 590; Inspection: SGS/equivalent; Delivery time: within 15-20 days after issuing the letter of credit. Contact person: Nik

EN 590 Gas Oil is a 10 ppm (parts per million) sulphur content gas oil. It has a higher cetane number than A2 Class Gas Oil (another 10ppm sulphur content class of red diesel), making it better suited to internal combustion engines in off-road vehicles. TANK TO TANK / TANK TAKE OVER / TANK TO VESSEL

We have 4 Major Ports; FUJAIRAH, ROTTERDAM, HOUSTON & JURONG

FOB ROTTERDAM

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 a maximum of 7 working days, Buyer issues a Letter of Credit via Swift MT700.
3. A fresh SGS Report is issued on behalf of the Seller and sent to the Buyer, along with the TSR and coordinates.
4. Buyer may conduct a re-dip test with their own inspection team (optional).
5. Upon receiving the SGS report, the Buyer must make full payment of the SPA value via Swift MT103 within 72 hours. Simultaneously, the Buyer takes over the Seller's storage tank/refinery or begins the injection process to the Buyer's tank (TSR required for at least 5 days) or vessel (Q88 and ATI required).
6. Once payment is confirmed by the Seller's bank, the Title Holder Certificate and all required documents, in accordance with the latest regulations, are handed over to the Buyer.

Non-negotiable Cost, Insurance & Freight Cif Prosedure
1. Buyer Issues Irrevocable Corporate Purchase Order(ICPO). Please copy-paste this procedure in ICPO by attaching the document below:
a. Copy Of Passport Of The Person Authorized To Sign The Contract.
b. Copy Of Tax Registration Certificate.
c. Banking Information.
d. Product Specification (If Any).
2. Seller Acknowledges Buyer's ICPO And Issues Sales Pusrchase Agreement (SPA) To Buyer Open For Amendment. Buyer Signs And Returns SPA To The Seller In WORD Format Within Three (3) International Working Days.Then, the Seller sends the PROFORMA INVOICE to be signed and returned to the Seller along with the Valid Proof of Issuance of Proof Of Fund (POF) VIA SWIFT MT199 or MT799 from the Buyer's Bank to the Seller's Bank.
3. Seller Makes Final Signature, converts To PDF And Sends To Buyer As Final Approved Copy Along With The Following Documents:
a. Commercial Invoice for the total 1st shipment product value.
b. Certificate of Analysis also known as Product Passport.
c. Statement Of Product Availability.
d. Letter Of Commitment to Supply.
4. Buyer's Bank In Accordance With Seller's Verbiage Shall Issue LC/DLC SWIFT MT700 or SBLC SWIFT MT760 Irrevocable, Transferable Within Seven (7) Working Days For The First Trial Shipment's Value To Seller's Nominated Beneficiary Banking Information.
5. Upon Receipt Of Buyer's Bank Financial Instrument, Seller's Bank In Response Issues Operative Two Percent (2%) PB In Favor Of Buyer According To Bank Information Within Five (5) Working Days Which Is Submitted And Detailed In The Mutually Agreed Signed Contract.
6. Upon Seller's Bank Successful Exchange Of Instrument Method With Buyer's Bank, Seller Loads Product And Sends POP Documents In Buyer's Company Name To Buyer's Bank:
a. Refinery's Export License.
b. Certificate Of Origin Of Product.
c. Company Taxpayer Certificate.
d. Fresh SGS Report.
e. Tank Receipt (TSR) (Where Applicable).
f. Q88 And Quality Specification.
g. Bill Of Lading.
h. NOR - Notice Of Readiness.
i. ETA - Estimated Time Of Arrival.
7. Buyer Notifies Seller By Official Written Notice Of His Bank Receipt Of Seller's POP Documents While Seller Sends To Buyer The Registered Hard Copy Of The Original Contract Through Courier Service Within Four (4) Days. Shipment Commences As Scheduled In The Contract, And Upon Arrival Of The Cargo At The Discharge Port, Buyer's Inspection Team Carries Our SGS Or Equivalent Inspection To Ascertain Quality And Quantity.
8. Product Is Discharged After Successful Inspection Into Buyer's Storage Facility, Then Buyer's Bank Releases Payment Of Total Value Of The Product To Seller's Bank Within 3 (three) Banking Days By TT/MT103. Seller Transfers Title Of The Product To Buyer's.
9. Second And Succeeding Shipments Continue.