Home
:: ID  
:: Password  
   
  Free Registration
  Forget ID/Password ?
Crude Oil Bid
Jet Fuel Bid
Fuel Oil Bid
AGO/Gasoline Bid
Crude Oil 
Bunker Oil
Fuel Oil
AGO/Gasoline
Aviation Fuel
L P G
L N G/N G
Base Oil/Lubricants
Bitumen/Cement
Chemicals
Coal/Coke
Metals
Agri/Grains
Equipment/Plants
Project Finance
Currency Ex
Shipping & Storage
Free Trade Zone
Job Center
Event Center
Member List
Glossary
      You are in ::  Home > Crude > Read
Crude Oil Read
Sell :: 12
Buy :: 1
News :: 0
Count : 235
Crude Russian Oil (REBCO) For price $ 49.90 per barrel. CIF Qingdao. Specifications is attached. 2019-09-04
Download the attached file : Rebco Specs 9-3-2019.pdf
File Name   Rebco Specs 9-3-2019.pdf
File Type   application/pdf
File Size   232413 bites
 
Specs Attached...

ACCEPTABLE PAYMENT TERM: MT103 T/T WIRE Please, be informed that the information below is required in a standard ICPO in order to Start off the transaction. a. Product Order Information b. Banking information on the proceeding page c. Specification of product on the proceeding page d. FOB Procedure of the seller on the proceeding page e. Full name, designation, stamp and signature of the buyer's representative on the last page. NOTE: All the above information should be on a letterhead of the company. The header of the letterhead document must have Buyer Companys full name, legal address and contact information NON NEGOTIABLE TRANSACTION PROCEDURES FOR FOB ROTTERDAM,HOUSTON AND ANY ASIA PORT:
1. Upon acceptance of seller's Offer, buyer issues Purchase Order (ICPO) and Tank Storage Agreement.
2. Upon acceptance of buyer ICPO/TSA, Seller issues Commercial Invoice/ICC Warning Letter for buyer's review and signing.
3. Buyer signs the commercial invoice and returns to seller, the signed CI/ICC Warning Letter, seller issues the POP Documents as shown below: - Q&Q Report - Ullage Report - Clean–on–board Ocean Bill of Lading/Q88 - Export License - Cargo Manifest
4. Buyer conducts due diligence on the arriving loaded vessel and upon satisfaction buyer/Or its assignee issues an acceptance letter confirming its readiness to secure and provide its storage tank facility details within 72 hours (Maximum) NOTE: Storage tanks details which must include the following for seller confirmation of buyer tank farm readiness to receive the cargo quantity. - TANK RECEIPT valid for 5days (Minimum) - Notice of Readiness issued by Storage Tank Company - AUTHORITY LETTER TO VERIFY / INJECT
5. Upon vessel arrival at Buyers nominated port, Vessel Captain shall issue ATB to buyers supper cargo and inspectors inviting them to board the loaded vessel for Q and Q.* NCNDA/IMFPA is signed by the involved parties.
6. Upon successful Q and Q including Dip Test, BUYER pays for product by Wire Transfer / Swift MT-103 into the Sellers account.
7. Seller releases original POP documents in buyers name and Trans-loading commences.
8. Seller pays commissions to all intermediaries, Both Parties proceed with the signing for a 12 Months FOB Rotterdam contract upon completion of the first trial order.
CIF (COST, INSURANCE & FREIGHT) - TRADING PROCEDURE 1
(1) BUYER ACCEPTS SELLER'S PROCEDURE AND ISSUE ICPO WITH THE FOLLOWING:
(2) SELLER ACKNOWLEDGES BUYER'S ICPO AND EXTRA CONTAINER, BUYER SIGNS AND RETURN FORMAT WITHIN 4 WORKING INTERNATIONAL DAYS.
(3) SELLER MAKES THE FINAL SIGNATURE AND THE SUBMIT CONTRACT WITH THE MINISTRY OF THE LEGALIZED COUNTRY AND THE SECONDARY APPROVED CONTRACT ALONG WITH BELOW SOFT PERFORMANCE GUARANTEE POP DOCUMENTS:
(A) COMMITMENT LETTER TO SUPPLY PRODUCT,
(B) EXPORT LICENSE ISSUED BY RUSSIAN MINISTRY OF ENERGY.
(C) CERTIFICATE OF ORIGIN ISSUED BY RUSSIAN CHAMBERS OF COMMERCE.
(D) SHIPPING COMPANY NOTICE OF READINESS (E) COMMERCIAL INVOICE FOR THE FIRST SHIPMENT
(4) BUYER'S BANK IN ACCORDANCE WITH SELLER'S VERBIAGE ISSUE MT760 / SBLC WITHIN 7WORKING FOR ALL COUNTRY VALUE TO SELLER'S FINANCIAL BANK WITHIN 7 WORKING DAYS. (IF BUYER FAILS TO ISSUE MT760 / SBLC WITHIN 7 WORKING DAYS, IN ALTERNATIVE BUYER PAYS VIA TT $ 350,000
(5) SELLER'S BANK ISSUES OPERATIVE 2% ACCOUNT WITH INNOVATIVE BANKING ACCOUNT WITHIN 3 WORKING DAYS, WHICH IS SUBMITTED AND DETAILED IN THE MUTUALLY AGREED SIGNED CONTRACT.
(6) UPON SELLER BANK SUCCESSFUL EXCHANGE OF INSTRUMENT METHOD WITH BUYER'S BANK OR ALTERNATIVE TT PAYMENT OF $350,000 PAID IF BUYER FAILED TO ISSUE INSTRUMENT WITHIN THE STIPULATED TIME FRAME,SELLER LOADS PRODUCT WITHIN 7 WORKING INTERNATIONAL DAYS AND SEND POP DOCUMENTS IN BUYER'S COMPANY NAME TO BUYER VIA BANK TO BANK AND A COPY VIA EMAILTO BUYER AND REPRESENTATIVE.(SETS BELOW) A. CERTIFICATE OF INCORPORATION B. PRODUCT PASSPORT C. COMMERCIAL INVOICE D. COMPANY TAX PAYER CERTIFICATE E. FRESH Q&Q REPORT F. TANK RECEIPT G. Q88 AND QUALITY SPECIFICATION H. BILL OF LADING
(7) BUYER NOTIFIES SELLER BY OFFICIAL WRITTEN NOTICE OF HIS BANK RECEIVING SELLER'S POP DOCUMENTS WHILST SELLER SEND TO BUYER THE REGISTERED HARD COPY OF THE CONTRACT THROUGH COURIER SERVICE WITHIN 3 WORKING DAYS.
(8) SHIPMENT COMMENCES AS SCHEDULED IN THE CONTRACT AND UPON ARRIVAL OF THE CARGO AT THE DISCHARGE PORT, BUYERS INSPECTION TEAM CARRY OUT CIQ OR EQUIVALENT INSPECTION TO ASCERTAIN QUALITY AND QUANTITY.
(9) PRODUCT IS DISCHARGED AFTER SUCCESSFUL INSPECTION INTO BUYER'S STORAGE FACILITY, THEN, SELLER TRANSFERS TITLE OF OWNERSHIP TO BUYER, BUYER'S BANK RELEASE PAYMENT FOR TOTAL VALUE OF THE PRODUCT TO SELLER'S BANK WITHIN 72 HOURS BY TT MT103.AFTER that, SELLER SHALL PAY ALL PARTIES INVOLVED THEIR COMMISSION BY TT WITHIN 2 WORKING DAYS. (
10) SECOND AND SUCCEEDING SHIPMENTS CONTINUES.

Note: We also have Russian D2, JP54,Mazut M100, LNG/LPG, BITUMEN, CST-180, VIRGIN BASE OIL, MAZUT M-100 etc

 
 Contact Information
Name   Mr. Douglas Patterso 
Company   Member : North Pines Financial Solutions 
Email   Log In to See Email 
   Inquire Now 
Tel   5094263239 
Fax   5403206285 
Mobile   5094263239 
Web   northpinesfinancialsolutions.com 
IP   98.214.117.30 

  : 
  back to top
 Copyright © 2004 - 2019 PETROFINDER All rights reserved. :: Term of Use | Privacy Policy |