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Looking to purchase liftable D6, D2, JP*4 located in USA or Rotterdam

  • USA USA  
  • Last Updated:
    Posted on: 08 Jul 2024

  • Buying Frequency: Weekly
  • Payment Terms: Other

RFQ Details

Buyer looking to purchase from re-sellers, fuel must be in the USA.
Our target is $1.36/ $1.38 due to market fluctuations this target price is subject to change, for the record; I deal direct to the Buyer so no brokers in the mix on my side.

We are looking for title holders only of VD6 (0.358 Sulfur) who can access tanks by pipeline in Texas.

The Exit has secured tanks (TSA) for VD6 in the Pasadena Tank farm/ KM

The following procedures have working for us.

1. Buyer issues ICPO with banking information, a corporate profile.
2. Seller issues Commercial Invoice and Draft contract to Buyer
3. Buyer signs and returns the commercial Invoice and Contract to Seller.
4. Seller provides Proof of Product to Buyer with Pre Advice-Injection Report and ATS.
5. Buyer verifies the PIR (need this to activate tanks)
6. Buyer releases Tanks or vessel logistics.

A. Tank storage agreement (TSA)
B. Tank Storage Receipt (TSR)
C. Authority to utilize tanks

7. Seller releases supporting documents, including the SGS report and Dip test authorization.
8. Seller will inject primary amount into Buyers tanks within 6 hours of confirmation of logistics.
9. Buyer pays by SWIFT MT 103 within 36 hours in the amount equal to the first injection. Seller will work with buyer to coordinate the first injection.
10. Buyer and Seller execute Sales and Purchase Agreement.
11. Buyer issues an SBLC for Contract. Contract lifts and governed by the terms of the Contract.

In the event the Seller needs further assurances in the Buyers capabilities we offer the following:

Instead of BCL, which is time consuming I suggest a Payment Guarantee.

The issuance of a Payment Guarantee was exactly that, it not permission to conduct a soft probe of the Buyers accounts, it's guarantee against the Seller issuing to Buyer the TSR, Injection report, ATS and DTA and proof of product ownership. Upon successful dip