Description
COMMODITY: RUSSIA JET FUEL JP *4
ORIGIN: RUSSIA.
QUANTITY: 1,**0, **0 BBLS .SPOT WITH POSSIBLE EXTETION.
PRICE: $*5 USD GROSS $*9 NET.
COMMISSION: $6 USD.3 USD FOR BUYER SIDE $ 3 USD FOR SELLER
SIDE.
PAYMENT: MT**3/TT FOR THE VALUE OF THE GOODS.
1 Buyer sends ICPO to Seller on receipt of Seller\'s Soft Offer
2 Seller issues draft contract along with commercial invoice, Buyer
Signs and return to Seller for final endorsement.
3. upon receipt of the countersigned contract seller issues
Refinery Commitment and Assurance letter for Seller to sign and
return. 4 Buyer provides for seller, buyers vessel information and
details Port Clearance nominated vessel terminal.
5 Seller issues:
A. DTA- Dip Test Authorization
B. SHORE TANK RE-CEIPT
C. INDIGENOUS ANALYSIS REPORT
D. SGS Report of the product upon confirmation of buyers vessel
port clearance by sellers bank. 6 Upon confirmation of ACT of
TRANSFER in Buyers Name, Seller issues to the Buyer, Title of
ownership certificate to be followed by all export
documentation.
7 Buyer conducts Dip Test and lifting commerce and Buyer release
payment as agreed by both parties after the positive quality and
quantity DIP TEST RESULTS.
8 The subsequent deliveries shall commence according to the terms
and conditions of the contract
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