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      You are in ::  Home > MGO/Bunker Oil > Read
  MGO/Bunker Oil Read  
Sell :: 457
Buy :: 153
News :: 12
Count : 378
JP54,MAZUT,D2,D6 ETC 2017-10-22
We have the products in Russian refinery with the following procedures

1. Buyer issues CP and ICPO.

2. Seller issues Commercial Invoice, Buyer signs and returns it back to Seller, alongside with Buyer’s Leased
Tank Storage Agreement (TSA) for minimum of 7 days with ATV.

3. Seller verifies and approves Buyer’s Tank Farm Company and requests for 4 days invoice under Seller’s
name. Seller pays for the lease tank as proof of seriousness and readiness to supply the product.

4. Seller and Buyer Sign Indemnity Agreement to be notarized by Buyer

5. Seller pays for 4 days (and provides Buyer with bank payment slip to confirm the payment with Buyer’s tank farm) and Buyer pays for 3 days for the Buyer's tanks for total 7 days. Buyer’s Tank Farm issues TSR and ATI to Buyer.

6. Within 48 hours Buyer provides to Seller the TSR & ATI, from their tank farm
7. Seller issues to Buyer, Injection schedule and (NOR) Notice of Readiness to commence with the Injection of the product of the First Month Shipment Quantity from the Refinery Storage Reservoir through the Pipeline into the lease Storage tank in port of Loading.

8. Upon successful completion of the injection, Seller issues DTA (DIP TEST AUTHORIZATION) to Buyer, Buyer inspects product with SGS Agent and also Seller Issues Authority to sell and Collect (ATSC) to Buyer.

9. After Buyer’s Successful Q&Q Dip Test on the product, Seller releases all POP documents including exportation document to buyer.
10. Within 24 hours Buyer pays back the 4 days lease cost to Seller and also pays for the Total Value of the Product via MT103 - TT.
11. Buyer will pay Seller 5% of total commercial invoice value if Buyer defaults and fails to pay for the transaction as specified in paragraph 10 of this procedure.
12. Buyer lifts the product with its vessel tanker. Seller pays all Intermediaries involved in the transaction and signs one-year contract with the buyer for subsequent monthly shipments, to continue as per terms and conditions of the sales and purchase agreement contract between buyer and seller

 Contact Information
Name   Mrs. poloko 
Company   Member : Silver Diamond Pty Ltd 
Email   Log In to See Email 
   Inquire Now 
Tel   +26771811533 
Fax   +267 3931444 
Mobile   +26771811533 

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