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      You are in ::  Home > LPG > Read
  LPG Read  
Sell :: 330
Buy :: 82
News :: 14
Count : 197
LPG – NET $205 PER MT AND GROSS $210 PER MT 2017-12-14
 
FOB DIP & PAY TERM & TRANSACTION PROCEDURES:
1. Buyer sends ICPO to Seller.
2. Seller issues Commercial Invoice (CI) with Logistics Details to Buyer, Buyer signs and return to Seller for Final Endorsement.
3. Seller issues Refinery PPOP documents for buyers review and authentication
A. Product Passport
B. Commitment to Supply from Title holder
C. Product Availability in the Storage Reservoir
D. Export License
E. Certificate of Origin
F. Certificate of Tax Registration
4. Buyer provides for Seller their valid and verifiable Tank Storage Agreement and JOINTLY (50:50 Payment For Storage Cost) obtain the Certified TSR/ATV details after 48hours of verification of the above PPOP documents at the Loading Port.
5. Seller verifies Buyer Tank Farm details and issues, - DTA (Dip Test Authorization) / Authorization to Sell (ATV/ATS)
- Fuel Injection Report of Transnefte
- Tank Receipt
- SGS Report of the Product
-Final Contract Allocation Copy (Original)
6. NCNDA is signed and endorsed by all parties involved
7. Upon confirmation of act of transfer in Buyer's name, Seller issues to the Buyer, Title of Ownership Certificate (to be followed by all export documentation)
8. Buyer conduct Dip Test and Lifting commence and Buyer release payment by MT103/TT wire transfer to the Seller as per account details mentioned in the Commercial Invoice
9. Seller pays commissions to Seller side and Buyer to Buyer side intermediaries via MT103.
 
 Contact Information
Name   Dr. G Stewart 
Company   Member : Iglook Capital Inc 
Email   Log In to See Email 
   Inquire Now 
Tel   632-239-1507 
Fax   632-239-1507 
Mobile   632-239-1507 
Web    
IP   154.20.43.246 

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