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| GREAT PRICE, BUYER FRIENDLY PROCEDURES Aviation Kerosene (JP54) FOB ROTTERDAM
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2023-04-25 |
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ORIGIN: KAZAKHSTAN
Minimum Quantity: 50,000 Barrels per Month
Maximum Quantity: 2,000,000 Barrels per Month
FOB Price: Gross $60USD/NET $55USD
COMMISSION: $2.50/BBL Seller¡¯s Side (CLOSED)
$2.50/BBL Buyer¡¯s side (OPEN)
PROCEDURE FOR CI DIP AND PAY FOB ROTTERDAM
1. Buyer issues ICPO to Seller according to seller procedure
2. Seller issues commercial invoice and NCNDA for Buyer and intermediary to sign.
3. Seller issues DTA and TSR and PRODUCT ANALYSIS to buyer, Buyer Analysis Company
conducts DIP Test of the product in the seller Tank.
4. Upon successful dip test, buyer issues full payment of the product at sight via
MT-103, T/T.
5. Buyer lift product and Seller's bank release the commission to the
intermediaries involved according to the signed NCNDA & IMFPA agreement.
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