RUSSIA AVIATION KEROSENE JET A1 QUANTITY: 2,000,000 BARRELS
PRICE: $64 USD NET / $68 USD GROSS
COMMISSION: $2 USD SELLER SIDE / $2 USD BUYER SIDE
RUSSIA VIRGIN OIL D6 QUANTITY: 100,000,000 GALLONS
PRICE: $0.55 USD NET / $0.60 USD GROSS
COMMISSION: $0.025 USD SELLER SIDE / $0.025 USD BUYER SIDE
OPERATIONAL PROCEDURE FOB TTO ROTTERDAM/HOUSTON PORT
1. Buyer sends ICPO, Company Registration Certificate and a copy of international passport.
2. Seller sends CI and buyer signs and returns to the seller .
3. Seller instructs SGS to send an Email directly to the buyer, confirming the existence of the product belonging to the seller , Whilst seller Storage company (VOPAK) also sends Tank Storage receipt to buyer directly.
4. Buyer extends seller tank for 24 hours and Seller releases Unconditional DTA and the following POP Documents.
• SGS Report.
• Availability of Product.
• Certificate of Origin.
• Authorisation to Sell and collect (ATSC).
• Injection Report.
5. Buyer signs the NCNDA/IMFPA and return to seller.
6. Buyer confirms product Q&Q via SGS and upon positive result/satisfaction with the Q&Q, Buyer send a letter of product acceptance and readiness to take over tank.
7. Seller authorises buyer to pay for product and upon confirmation, release all Export Document and Title Transfer Certificate.
8. Possible rolls and extension.