JPA1, JP54, D2, D6, MAZUT, REBCO, EN590

with REF/PETRO/GDS876SEA99SD102/2017, confirms our readiness and willingness to issue a Soft Corporate Offer and then straight to Sales Purchase agreement upon acceptance of our terms and conditions stipulated herein for the below products: JPA1, JP54, D2, D6, MAZUT, REBCO, EN590.  DIESEL-GAS OIL L0.2-62 GOST 305-82 (Diesel D2) Origin Rusian  Quantity MINIMUM 100.000MT – MAXIMUM 900.000MT x 12 months  Price - $ 290-280USD Gross/ Net per MT CIF ASWP  Price: $ 270-260USD Gross/ Net per MT FOB: Novorossiysk/Vladivostok/Rotterdam/ Primorsk.  Price: $38/28 Minus Platts NWE discount /MT FOB:Novorossiysk/Vladivostok/Rotterdam/Primorsk  MAZUT FUEL OIL 100 GOST 10585/75-99( Mazut M100) Origin Rusian  Quantity MINIMUM 100.000MT - MAXIMUM 800.000MT x 12 months  Price – $170/160 USD Gross/Net, per MT CIF ASWP  PRICE: $150-140USD Gross/Net, per MT FOB: Novorossiysk/Vladivostok/Rotterdam/ Primorsk.  PRICE: $35/25 minus Platts NEW discount /MT FOB: Novorossiysk/Vladivostok/Rotterdam/Primorsk  JET FUEL (JP A1) Origin Rusian  Quantity MINIMUM 1.000.000 – MAXIMUM 5.000.000Barrels x 12 months  Price - $43/41USD Gross/Net ,per BBL CIF ASWP  PRICE: $37-35 USD per BBL FOB: Novorossiysk/Vladivostok/Rotterdam/ Primorsk.  PRICE:10$/8 Minus Platts NEW discount /BBL FOB: Novorossiysk/Vladivostok/Rotterdam/Primorsk  JET FUEL AVIATION KEROSENE COLONIAL GRADE 54 (JP54) Origin Rusian  Quantity MINIMUM 1.000.000 – MAXIMUM 10.000.000Barrels x 12 months  Price - $44/42USD Gross/Net ,per BBL CIF ASWP  PRICE: $38-36 USD per BBL FOB: Novorossiysk/Vladivostok/Rotterdam/ Primorsk.  PRICE:10$/8 Minus Platts NEW discount /BBL FOB: Novorossiysk/Vladivostok/Rotterdam/Primorsk  D6 VIRGIN FUEL OIL Origin Rusian  Quantity 100.000.000 G. week and Maximum 800.000.000 Galons per week x 52 weeks with R/E.  Price - $0,76 / 0,74USD Gross/Net ,per GAL. CIF ASWP  On FOB Basis : Houston / Rotterdam Price - USD 0,70 / 0,68 $ per Gallon  DIESEL EN 590 Origin Rusian  Quantity MINIMUM 50.000 MT – MAXIMUM 200.000 MT X 12 MONTHS  Price - $250/240USD Gross/Net ,per MT CIF ASWP  Price - USD 230 / 220 $ per MT On FOB Basis : Novorossiysk/Vladivostok/Rotterdam/ Primorsk  Price - $36/26 Minus Platts discount /MT FOB: Novorossiysk/Vladivostok/Rotterdam/Primorsk (REBCO) RUSIAN EXPORT BLEND CRUDE OIL Origin Rusian  Quantity Minimum 1.000.000.000 BBL Maximum 10.000.000 BBL X MONTH with R/E.  Price - $44/42USD Gross/Net ,per BBl CIF ASWP  Price - USD 42/40 $ per BBL On FOB Basis : Novorossiysk/Vladivostok/Rotterdam/ Primorsk  PRICE:$9/7Minus Platts discount /MT FOB: Novorossiysk/Vladivostok/Rotterdam/Primorsk  LPG – LIQUEPIED PETROLEUM GAS:  Quantity MINIMUM 100.000 – MAXIMUM 500.000 MT x 12 months  Price - $280/270USD Gross/Net ,per MT CIF ASWP  Price - $260-250 USD per MT FOB: Novorossiysk/Vladivostok/Rotterdam/ Primorsk.  GASOLINES:  Quantity MINIMUM 100.000 – MAXIMUM 500.000 MT x 12 months  Price - $330/320USD Gross/Net ,per MT CIF ASWP  Price - $310-300 USD per MT FOB: Novorossiysk/Vladivostok/Rotterdam/ Primorsk.  BITUMEN:  Quantity MINIMUM 100.000 – MAXIMUM 500.000 MT x 12 months  Price - $270/260USD Gross/Net ,per MT CIF ASWP  Price - $250-240 USD per MT FOB: Novorossiysk/Vladivostok/Rotterdam/ Primorsk.  UREA:  Quantity MINIMUM 100.000 – MAXIMUM 500.000 MT x 12 months  Price - $220/210USD Gross/Net ,per MT CIF ASWP
 Price - $200-190 USD per MT FOB: Novorossiysk/Vladivostok/Rotterdam/ Primorsk. commission: ฀ 50%: Seller Side- Closed  ฀ 50%:Buyer side - Buyer Mandate and Buyer Intermediaries. Procedures: Dip & Pay FOB: Dip Test on Seller tank before injection into buyer hire tank   1.BUYER ISSUES ICPO +NCNDA/IMPFA + COMPANY PROFILE  2) Seller issue Commercial Invoice (CI) for Buyer to countersign and return to Seller signed CI along TSA for Seller approval.   3) Seller Approve buyer TSA and issue POP documents to Buyer: Commitment to supply,   Certificate of Origin, Q&Q done by indigenous lab at port of Origin, ATS (Authorization to Sell) License  certificate,  Statement  of  availability  of  product,  Notice  of  Readiness  (NOR)  to Commence Injection of the Product.  4) Buyer  provide  to  Seller  Tank  Storage  Receipt(TSR),  Authorization  to  Verify  (ATV),  Readiness  to Receive Fuel   (RTR) and send to Seller.  5) Seller confirm buyer tank and verify buyer tank then Seller issue to buyer Dip Test Authorization(DTA), Tank Storage Receipt (TSR), Authorization to Verify (ATV) to enable buyer verify the fuel in Seller tanks.  6) Buyer engages SGS to conduct Q&Q dip Test Inspection on the Product on Seller tank to check the Quality and Quantity of the fuel before injection can to take place to be sure the product match the Specification for international Standard product.  7) Seller inject fuel into buyer tank and buyer confirm the fuel  and buyer Pays by MT103 against SGS report   8) Seller issue Title ownership documents to buyer   9) The commissions will be paid by the BUYER, against IMFPA with the following distribution:   • 50%: Seller Side - Closed to.   • 50%: Buyer side - Open to Buyer Mandate and Buyer Intermediaries.   10) Seller issue contract to buyer for signing and buyer sign and return same back to Seller.   11) Seller open 2%PB to buyer to guarantee the contract shipments and buyer open BG to   guarantee the contract shipments and buyer make payment against Q&Q done by SGS report with Commercial Invoice on each slot tank  12) Buyer will pay 5% to Seller as penalty if the buyer fails to performed and default while Seller will pay 5% to Buyer as penalty if the Seller fails to performed and default.
PROCEDURES FOR CIF ASWP CONTRACT  1.  BUYER ISSUES ICPO +NCNDA/IMPFA + COMPANY PROFILE and to the Sales Director   ,   2. Seller Issues Contract Open for Amendments.   3. Buyer Counters Sign and Seals the Contract and Sends Via E-Mail to Seller.   4. Seller  issue  proforma  invoice  and  Partial  POP  documents  to  buyer  via  Seller Official email address to Buyer Official Email address on listed below:   A. Copy of License certificate   B. Copy of Statement of Availability of the product.   C. Copy  of  Proforma  Invoice, Commitment  to supply,  Certificate  of Origin,  Q&Q  done by indigenous lab at port of Origin, ATS (Authorization to Sell)   5. Buyer Within three (3) banking Days, Buyers bank Send Swift Operative Irrevocable Confirmed Bank Guarantee Via Swift MT760 or MT700 to Seller sister (Fiduciary) company bank outside Russia and send swift copies to Seller.   6. Seller issue Invitation letter and arrange invite the buyer to come and inspect the goods at port of loading (Optional if the Buyer decided to Come down but it can still be skip) and Seller 2%PB to buyers for Guarantee Monthly shipment and Commences and issue full POP and shipping documents Including (against shipment Documents (Q88, SGS report certificate, Bill of Lading), and test report Q88, SGS report certificate, Bill of  Lading,  A. Copy of Commercial Invoice.   B. Copy of Approval to License certificate.   C. Copy of Statement of Availability of the Product.   D. Copy of the Refinery Commitment to Produce the Product.   E. Copy of the Transnet Contract to Transport the Product to the Port.   F. Copy of the Port Storage Agreement.   G. Copy of the Charter Party Agreement(S) To Transport the Product to Discharge Port.   H. Dip test Authorization, Tank receipt and SGS report.   I. Copy of Vessel Questionnaire 88   J. Copy of Bill of Lading.   K. Certificate of Origin.   L. Allocation Transaction Passport Code Certificate [ATPCC]   M. The customs formalities, and test report to buyer/Bank.   7. Ship arrives at port destination port and conduct inspection on the goods and Buyer release payment to seller bank after inspection at port 100% payable for each shipment within 3 banking days upon the cargo passed SGS and receipt of all the relevant payment documents.   8. The commissions will be paid by the BUYER, against IMFPA with the following distribution:   • 50%: Seller Side - Closed to Jose Casas / Ofertas-commodities. • 50%: Buyer side - Open to Buyer Mandate and Buyer Intermediaries   9) Buyer will pay 5% to Seller as penalty if the buyer fails to performed and default while Seller will pay 5% to Buyer as penalty if the Seller fails to performed and default.
TERM S OF SALE SPOT FOR VESSEL  Procedures: Dip and Pay  1)  BUYER ISSUES ICPO +NCNDA/ IM PFA + COM PANY PROFILE and to the Sales Director   2)  Seller issue Commercial Invoice (CI) and Draft M T760/ BG POF for Buyer to countersign and return   3)  Seller  issue  POP  documents  to  Buyer:  Commitment  to  supply,  Certificate  of  Origin,  Q&Q  done  by indigenous lab at port of Origin, ATS (Authorization to Sell) License certificate, Statement of   availability of product, Notice of Readiness (NOR) to Commence Injection of the Product  4)  Buyer issue POF Operative Bank Guarantee via M T760 to financial company(Fiduciary) bank outside Russia and send swift copy to Seller.   5)  Seller  Financial  company verify  the  M T760  and  sponsor Seller to  provide the  said  funds  for  this project and to enable Seller pump fuel into buyer own Vessel and Seller send to buyer the follow   documents: DTA/ ATV/ SGS/ Q88/ BL/ TSR to buyer and authorized Buyer makes dip test in Vessel.  6)  Buyer conduct dip test of the fuel on the Vessel by SGS and make payment via T/ T or M T103 of the fuel against Q& Q By SGS Report to Seller bank account   7) Seller issue Title documents to buyer   8)  Buyer will pay 5% to Seller as penalty if the buyer fails to performed and default   while Seller will pay 5% to Buyer as penalty if the Seller fails to performed and  default PAYMENT TERMS AND TRANSACTION PROCEDURES: 100% NON-NEGOTIABLE: CONTRACT CIF   1. BUYER ISSUES ICPO with buyer’s CP WITH BUYER’S INFO FAX- LEGAL ADDARESS , BUYER’S BANKING  2. SELLER ISSUES CONTRACT TO BUYER AND BUYER SIGN ALONG SEND TO SELLER.   3. SELLER ISSUE PARTIAL POP DOCUMENTS FROM SELLER SECURED EMAIL TO BUYER SECURED EMAIL WITH BELOW DOCUMENTS   A. COPY OF LICENSE CERTIFICATE   B. COPY OF STATEMENT AVAILABILITY OF PRODUCT   C. COPY OF COMMITMENT TO PRODUCE THE PRODUCT   D. COPY OF DEEDS/ ACT OF PRODUCT TRANSFER   E. COPY OF CERTIFICATE OF ORIGIN   F. COPY OF CERTIFICATE OF ANALYSIS QUALITY AND QUANTITY OF PRODUCT BY LAB   4. BUYER ISSUE PROOF OF FUND ( BANK GUARANTEE /BG OR STANDBY LETTER OF CREDIT /SBLC)VIA SWIFT ( MT760) TO SELLER NOMINATED SISTER COMPANY BANK OUTSIDE RUSSIA AND SEND COPY TO SELLER VIA EMAIL.   5. SELLER CONFIRM THE BANK INSTRUMENT WITH RESULT OF VERIFICATION POF AND MOVE THE PRODUCT FROM STORAGE FACILITY TO LOADING PORT AND ISSUE DIP TEST AUTHORIZATION LETTER (DTA),, AUTHORIZATION TO SELL (ATS) FRESH SGS,,, LICENSE OF THE FIRM AND FORM A,,, COMMITMENT OF SUPPLY,,, Q88, ,,AFFIDAVIT FROM TRANSACTION PASSPORT,,, STATEMENT OF AVAILABILITY OF PRODUCT, TRANSPORTATION CONTRACT AGREEMENT, SHIPMENT SCHEDULE, DTA, PACKING LIST AND GIVE 2%PB AS GUARANTEE THAT THE SELLER WILL SUPPLY THE 12 MONTHS DELIVERY TO BUYER AND SELLER START LOADING AND GIVE SHIPPING DETAILS TO BUYER TO CONTACT THE CAPTAIN ON BOARD TO CONFIRM THE ESTIMATED TIME OF THE ARRIVAL(ETA) AND CURRENT POSITION OF THE SAID VESSEL.
6.WHEN VESSEL ARRIVES AT BUYER PORT,BUYER CARRYS OUT DIP TEST AT BUYER PORT AND BUYER PERFORMS Q&Q AND SENDS COPY TO SELLER FOR FINAL COMMERCIAL INVOICE AND S ELLER TRANSFERS FULL TITLE IN BUYER’S NAME AND UPON RECEIPT OF FINAL COMMERCIAL INVOICE BUYER RELEASES PAYMENT BY T/T OR MT103 WITHIN FIVE (5) BANKING DAYS DIRECTLY TO SELLER BANK ACCOUNT AFTER DISCHARGE OF CARGO.  7.COMMISSIONS TO ALL PARTIES AGAINST IMFPA AGREEMENT. CONTRACT FOR 12 MONTHS DELIVERY:  8. SELLER COMMENCES SHIPMENTS. WHEN VESSEL ARRIVES AT BUYER PORT THEN SELLER ISSUES FULL POP/ TRANSFERS FULL TITLE TO BUYER.  9. BUYER PERFORMS Q&Q AND SENDS COPY TO SELLER FOR FINAL COMMERCIAL INVOICE.  10. UPON RECEIPT OF FINAL COMMERCIAL INVOICE BUYER RELEASES PAYMENT BY T/T OR MT103 WITHIN THREE (3) BANKING DAYS.  11. COMMISSIONS TO ALL PARTIES AGAINST IMFPA AGREEMENT.   -----WE DO NOT ACCEPT ANY ICPO WITH OTHER PROCEDURE-----