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      You are in ::  Home > Crude > Read
Crude Oil Read
Sell :: 1247
Buy :: 298
News :: 52
Count : 55
,FOB ROTTERDAM FOR JP54,D6,D2,MAZUT M100,GASOIL,- PRICE NEGOTIABLE 2018-08-16
 



COMMODITIES

Product: Russian Aviation Kerosene Colonial Grade 54 “JP54” SPOT Quantity: 1,000,000 barrels Spot “depends on availability” Quantity: 5,000,000 barrels monthly “depends on availability” Delivery: FOB Rotterdam Ports Price: Gross Price US $ 40 .00 per barrel Net Price US $ 38 .00 per barrel Commission: Seller Pays Seller’s and Buyer’s Intermediaries Buyer Side US $1.00 per barrel & Seller Side US $1.00 per barrel Payment Terms: MT103 TT Wire Transfer 48 Hours after Dip Test by Buyer Inspection: Inspection & quality certification by SGS with ICC International Standards

Product: Russian D6 Diesel Virgin Oil SPOT Quantity: 100,000,000 gallons Spots “depends on availability” Quantity: 200,000,000 gallons weekly “depends on availability” Delivery: FOB Rotterdam Ports Price: Gross Price US $ 0.82 per gallon Net Price US $ 0.80 per gallon Commission: Seller Pays Seller’s and Buyer’s Intermediaries Buyer Side US $0.01 per gallon & Seller Side US $0.01 per gallon Payment Terms: MT103 TT Wire Transfer 48 Hours after Dip Test by Buyer Inspection: Inspection & quality certification by SGS with ICC International Standards

Product: Russian D2 Diesel Gas Oil L-0.2-62 GOST 305-82 SPOT Quantity: 100,000 metric tons Spot “depends on availability” Total Quantity: 100,000 metric tons monthly “depends on availability” Delivery: FOB Rotterdam Ports Price: Gross Price US $ 300.00 per metric ton Net Price US $ 290.00 per metric ton Commission: Seller Pays Seller’s and Buyer’s Intermediaries Buyer Side US $5.00 per metric ton & Seller Side US $5.00 per metric ton Payment Terms: MT103 TT Wire Transfer 48 Hours after Dip Test by Buyer Inspection: Inspection & quality certification by SGS with ICC International Standard

Product: MAZUT M100 GOST 10585-75&10585-99 SPOT Quantity: 100,000 metric tons Spot “depends on availability” Total Quantity: 500,000 metric tons monthly “depends on availability” Delivery: FOB Rotterdam Ports Price: Gross Price US $240.00 per metric ton Net Price US $230.00 per metric ton Commission: Seller Pays Seller’s and Buyer’s Intermediaries Buyer Side US $5.00 per metric ton & Seller Side US $5.00 per metric ton Payment Terms: MT103 TT Wire Transfer 48 Hours after Dip Test by Buyer Inspection: Inspection & quality certification by SGS with ICC International Standards

Product: DIESEL GAS OIL ULTRA-LOW SULPHUR DIESEL 50ppm SPOT Quantity: 50,000 metric tons Spot “depends on availability” Total Quantity: 600,000 metric tons monthly “depends on availability” Delivery: FOB Rotterdam Ports Price: Gross Price US $380.00 per metric ton Net Price US $370.00 per metric ton Commission: Seller Pays Seller’s and Buyer’s Intermediaries Buyer Side US $5.00 per metric ton & Seller Side US $5.00 per metric ton Payment Terms: MT103 TT Wire Transfer 48 Hours after Dip Test by Buyer Inspection: Inspection & quality certification by SGS with ICC International Standards

COMMERCIAL PROCEDURE FOB ROTTERDAM
1. Buyer sends ICPO with full banking details CP, Passport Copy and Company registration.
2. Seller issues CI to Buyer.
3. Buyer Sign/endorse CI within 48 hours.
4. Seller issue to Buyer following Transaction Documents
a. Statement of Availability of Product
b. Product Passport (Dip Test Result)
c. Pre-injection Report (PIR)
5. Buyer sends TSA for seller’s approval and confirmation.
6. Upon receiving confirmation letter and approval of Buyer’s Storage company, Seller Issues
the following PPOP documents,
Tank Storage Receipt (5 days valid)
Dip test Authorization letter (DTA)
Injection Report Rotterdam (IR)
Fresh SGS report (24-48 hours report)
Authority to Verify (ATV)
7. Buyer orders SGS to conduct Dip Test of the product in the Seller's Tank at Buyer expense.
8. Upon successful Dip Test and receiving SGS Report, Seller injects the Product into the Buyer’s
leased Storage Tank and Seller submits the full injection report to the Buyer
9. Buyer pays Seller 100% of the total product by MT103 TT Wire Transfer and Seller pays
commission to all intermediaries as within 24 hours after confirmation of the Buyer's payment
to the Seller

NON-NEGOTIABLE PROCEDURE FOB ROTTERDAM 1. Buyer sends ICPO on receipt of Soft Offer along with Tank Storage Agreement (TSA and ATV) as proof of storage tank availability. 2. Seller issues commercial invoice/CI, for the available quantity in the storage tank to Buyer, Buyer Signs and returns to Seller with notice of readiness (NOR) from buyer Storage Company

3. Seller issues signed and properly completed Dip Test Authorization letter to buyer, sign by Buyer and return Signed DTA.

4. Seller issues PPOP documents: Unconditional DTA Fresh SGS Report less than 48 Hours in Rotterdam Seller’s Tank storage receipt to Buyer, Buyer orders SGS to conduct Dip Test of the product in the Seller's Tank at Buyer expense.
5. Upon successful Dip Test, seller injects the fuel into buyer’s leased Storage Tank and seller submits the full injection report to the Buyer.

6. Buyer make 100% payment by MT103 TT wire transfer for the total product and Seller pays commission to all Seller side intermediaries as Buyer likewise pays commissions to all Buyer Side intermediaries involved in the transaction within 24 hours after confirmation of the buyer's payment.

7. Seller issues draft SPA to buyer to review for R&E monthly deliveries.

8. Buyer reviews and approves the SPA and issues SBLC/IRDLC irrevocable, non-transferable, auto revolving for 12 monthly shipment value, and documentary letter of credit for length of contract and for each lift per schedule. Buyer pays after Dip Test by MT103 Wire Transfer on each monthly quantity. The subsequent delivery shall commence according to the terms and conditions of the contract.

TRANSACTIONAL PROCEDURE FOB ROTTERDAM 1. Buyer issues ICPO along with full Banking detail and company registration certificate with copy of buyer passport 2. Seller issues CI/SPA Buyer signs and return back to seller 3. Buyer issues SBLC/DLC/BG to seller bank as proof of funds confirming buyers’ financial capability to successfully close transaction 4. Seller issues Lay-can with full PPOP along with 2% PB to Buyers bank through bank to bank or directly to buyer 5. Buyer conducts Dip-test of the product in seller's leased tank at buyer cost. 6. Upon successful dip test, seller commence loading of buyer vessel. 7. Once Vessel completes loading buyer release full payment within 48hours by TT for total value of the product Seller hand over ownership to buyer.

STANDARD FOB ROTTERDAM
1. Buyer sends ICPO with full banking details CP, Passport Copy and Company registration.
2. Seller issues CI to Buyer.
3. Buyer Sign/endorse CI within 48 hours.
4. Seller issue to Buyer following Transaction Documents
Tank Storage Receipt (TSR Valid 48 hours)
Authorization to inspect (DTA Valid)
Seller’s Commitment to Supply
Seller’s Statement of Availability of Product
Product Passport (Dip Test Result)
5. Buyer upon receipt of the PPOP documents, buyer contact Tank farm for confirmation of the product and inspect within 48 hours.
6. Buyer Failure to inspect within 48 Hours, Buyer extends Tank Storage to enable dip test.
7. Supplier reissues Authorization to inspect Valid to enable Buyer proceeds further with dip test.
8. Upon successful inspection, Buyer release payment for total product value.
9. Seller Transfer title and Trans-loading commence

 
 Contact Information
Name   Mr. b k 
Company   Member : bks 
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Tel   +234 8022442781 
Fax   +234 7043523410 
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Web   www.bks 
IP   49.34.70.221 

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