D2, D6, MAZUT100, JP54, EN590, JPA1, LNG, LPG, REBCO , AGO ETC

Description

WE ARE INTO SALES OF PETROLEUM PRODUCTS AND WE CURRENTLY HAVE THE FOLLOWING PRODUCTS AVAILABLE FOR SALES, D2, D6, MAZUT**0, JP*4, EN**0, JPA1, LNG, LPG, REBCO ,AGO ETC

FOB DIP TEST IN SELLER TANK:
1. Buyer send ICPO to seller / sellers mandate along with buyer company registration Certificate, buyers company profile and acceptance letter sign by buyer and Notarized by their countrys notary public to adhere to sellers procedures.

2. Seller Issue (C.I) Commercial Invoice for the available quantity in the storage tank to buyer, buyer signs and returns to seller with Tank Storage Agreement (TSA) and NCNDA-IMFPA signed by all buyer group with commission structures.
3. Seller issue Dip Test Authorization Agreement Letter (DTA) to be signed by all 3 (Three) parties; Seller, Buyer and buyers Tank farm.
4. Upon all parties fully conclude paper signing) seller issue PPOP documents:
A. SGS Report                              
B. Tank Receipt                                    
C. Commitment to Supply    
D. Product Passport issue by SGS
E.  Injection Report
F.  Certificate of Origin
G. Authorization to Sell (ATS)
H. Dip Test Authorization (DTA)
I.  Statement of Availability
J.  Company Registration Certificate
k. Export License         
M. Certificate of Origin
5. Upon the successful verification of the PPOP by buyer, buyer order SGS to conduct the Dip Test of the product in the commercial tank at buyers expense.
 6. Upon successful Dip Test, buyer presents their Tank Storage Receipt (TSR) and Seller inject the product into buyer hired tanks
7. Buyer delivers **0% payment, via MT**3 TT wire transfer for the total payment for the Product. And if mandate involved, seller pay commission out.
8. After first successful transaction seller release contract for the one year contract and payment term will be negotiated

CIF BANKING/TRANSACTION PROCEDURES ;
1 Buyer Company issue ICPO or LOI to Seller Refinery 
2. Seller issue FCO to Buyer Company to sign and send back to Seller Refinery. 
3. Seller issues Draft Contract [SPA] and Commercial Invoice [CI] for Buyer Company to countersign and return back to Seller Refinery.
4. Buyer Company and Seller Refinery agree and endorse the final contracts. 
5. Seller registers and legalizes the contract in the various ministries on Refinery cost and sends the register contract along with PPOP Document to Buyer Company via e-mail 
6. Buyer Company Obtaining the Transaction Ownership Certificate on Buyer Company cost for the contract to enable the lodging of the contract with their respective banks. 
7. Seller appoints and signs charter party agreement with the Shipping Company. 
8. Buyer contacts the Shipping Company and Summarizes Shipping Schedule 
9. Seller Bank provides Buyer Company Bank the proof of product and 2% PB. 
*0. Buyer Company Bank Swifts Irrevocable Transferable/Non Transferable Documentary Letter of Credit to Seller Refinery Bank. 
*1. Shipment commences as schedule in the final contract. 
*2. Seller will immediately upon receipt of the Buyer Company Operative Financial Instrument release payment to involved intermediaries.