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Petroleum Products

(1.3)
Supplier From Indonesia
Feb-27-20

We are in position to supply Russian Petroleum Products in CIF basis.
D2 - M100 - EN590 - JET A1 - JP54 - BITUMUN 60/70
Payment by SBLC MT760 or DLC MT700.

CIF PROCEDURE :

1. Buyer issues ICPO must be with buyer company letterhead, and buyer banking information.

2. Seller issues Draft Contract (open for any amendments) to Buyer. Buyer signs, seals and returns the Draft Contract to Seller for final endorsement. Seller gives Partial proof of products.
Refinery Commitment to Supply
Certificate of Origin
Statement of availability of product
Product quality passport (Analysis test Report) By Russian standard Gost R

3. Within 14 banking days, Buyers bank sends Transferable Irrevocable Operative SBLC viaMT760 or DLC via MT700 according to sellers fiduciary bank verbiage to seller nominated fiduciary offshore bank account for first month shipment.

Should buyer fail to issue payment instrument within 5 banking days, buyer will make cash deposit of $ 280,000 by TT wire transfer for security guarantee to enable seller charter vessel and commence shipment, and this payment will be deducted from the total cost of product after inspection at discharge port.

4. Sellers Bank Issues Full POP Documents to the Buyers Bank alongside with the 2% Performance Bond (PB)
â?¢ Copy of license to export, issued by the department of the Ministry of Energy, Russian Federation.
â?¢ Copy of Approval to Export, issued by the Ministry of Justice, Russian Federation.
â?¢ Copy of statement of availability of the product.
Copy of the refinery commitment to produce the product.
Copy of Transnet contract to transport the product to the loading port.
Copy of the port storage agreement.
Copy of the charter party agreement to transport the product to discharge port.
Copy of Vessel Questionnaire 88.
Copy of Bill of Lading.
SGS Report at loading port.
Dip test Authorization (DTA) & AT
NOR /ETA
Certificate of Ownership Transfer
Allocation Transaction Passport Code Certificate (ATPCC) by Ministry of Energy

5. Shipment commences as per signed contract delivery schedule and the shipment should arrive at Buyers discharge port within 5-25 days. The SGS inspection will be borne by the Seller at the loading seaport and Buyer at the unloading seaport.

6. Buyer releases payment to Seller by TT/MT103 upon receipt of the shipping documents and confirmation of the Q & Q by SGS/CIQ at destination port.

7. Seller pays commission within 48 hours by swift MT103 to all intermediaries as signed NCNDA/IMPFA.

If anyone interested, please contact us.

Price and Minimum Quantity

Price: $00
MOQ: Not Specified
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