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      You are in ::  Home > Aviation Fuel > Read
  Aviation Oil Read  
Sell :: 314
Buy :: 110
News :: 13
Count : 116
REASONABLE FOB PROCEDURES FOR JP54, D6, D2. 2018-01-10
 
FOB DIP/PAY PROCEDURES
1. Buyer issues Irrevocable Corporate Purchase Order (ICPO) with seller procedures along with Buyer Company
Profile and Valid Passport Copy.
2. Seller issues Draft Contract along with Commercial Invoice. Buyer sign and return to seller along with verifiable
storage tank coordinates. (Tank Farm Company), Tank Storage Agreement (TSA) for Seller to verify and approves
Buyer’s tank farm coordinates (TSA).
3. Seller provides the following PPOP Documents via Fax or by Electronic Mail to Buyer
a. Product Passport Quality & Quantity (as per Russian GOST R standard)
b. Letter of Commitment to Supply
c. Certificate of Product Conformity.
d. CPA OR Pre-Injection Report (Pre-Injection Report from TRANSNEFT
or any of its Subsidiaries)
e. Authorization to Verify (ATV)
f. Authorization to Sell (ATS)
4. Within 3 days upon the receipt & verification of the above PPOP documents, Buyer lease storage tank that will be
suitable by seller to inject the product and Buyer provides verifiable Tank Storage Receipt (TSR), Authorization to
Inject (ATI) Document of his rented Shore tank at the Loading port to the seller.
5. All parties sign NCNDA/IMFPA.
6. Seller commences product Injection / Shipment and issues Full set of POP (DTA) Dip Test Authorization,
Complete Fuel Injection Report or Bill of Lading, Cargo Manifest, Vessel Q88, ETA, ETD from the Pipeline
Company/ Shipping Company and SGS Report at the loading Port.
7. Upon satisfactory Dip Test Inspection carried out by the buyer’s SGS, Buyer releases payment for full cost of the
Lift able product via MT103 TT wire transfer to Seller’s nominated Account within 24 hours and Seller immediately
issues the Title Transfer of Product Ownership / Certificate of Ownership to buyer’s company alongside with
all necessary Export Document.
8. Lifting commence and Seller pays all intermediaries involved in the transaction.
9. Seller and Buyer proceed to continue with subsequent monthly supplies as agreed in the Contract.

ALTERNATIVE FOB TERMS AND PROCEDURES
1. Buyer issues Irrevocable Corporate Purchase Order (ICPO) with seller procedures along with Buyer Company
Profile and Valid Passport Copy.
2. Seller issues Draft Contract along with Commercial Invoice endorsed from Prime Bank.
3. Seller lease Storage Tank at the designated FOB loading port ready to receive the product and provide to Buyer
the below Partial Proof of Product Documents via Fax or by Electronic Mail
a. Tank Storage Receipt (leased by Seller)
b. Certificate of Product Conformity
c. Product Passport Quality & Quantity (as per Russian GOST R standard)
d. Letter of Commitment to Supply
e. CPA OR Pre-Injection Report (Pre-Injection Report from TRANSNEFT
or any of its Subsidiaries)
f. Allocation Transaction Passport Code Certificate
g. Authorization to Sell (ATS)
h. Authorization to Verify (ATV)
4. Seller, Buyer and Tank Farm Company opens communication with the Transportation handling Company to
summarize the product transportation schedule date and time of arrival to the Seller leased Ex-Shore Storage
Tank at the Loading Port. Note: All Documents will be sent and receive by fax. Buyer will take responsibility of the
Products Transportation cost directly to the Transportation handling company which will be deducted from the
final Commercial Invoice.
5. All parties sign NCNDA/IMFPA
6. Upon full confirmation and receipt of (NOR) Notice of Readiness from the Transportation handling company, Seller
issues Full set of POP (DTA) Dip Test Authorization, Complete Fuel Injection Report or Bill of Lading, Cargo
Manifest, Vessel Q88, ETA, ETD from the Pipeline Company/ Shipping Company and SGS Report at the loading port.
 
 Contact Information
Name   Miss. chioma ernest 
Company   Member : snowgate internl world link 
Email   Log In to See Email 
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Tel   2348080188875 
Fax   08099814706 
Mobile   +2348080188875 
Web    
IP   41.190.31.54 

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