Fuel Offer JP54 anfd D6

 Jet Fuel JP54 and D6

Origin

Russian Federation

Quantity

Up to 200,000,000 gallons per week delivered to Rotterdam and or Houston for 52 weeks for D6 and Up to 1,000,000 barrels per week of Jet Fuel delivered to Rotterdam and or Houston for 52 weeks

Shipment per slot

First shipment 50 to 100,000,000 gallons for D6
First shipment 500,000 to 1,000,000 barrels for Jet Fuel

Quality

Russia Origin Standard

Price

$0.72 cents Rotterdam $0.73 cents Houston per gallon $47.00 for Jet Fuel to Rotterdam $48.00 to Houston per barrel

Payment terms

Dip & Pay on Vessel via, MT103 TT (Direct Wire) at loading port

Delivery Basis

CIF Rotterdam and Houston Freight and Insurance Included

Inspection

SGS, Intertek, Saybolt or qualified and approved surveyor

Discharge Port

Rotterdam and or Houston, other ports will be considered

Contract / Validity

Straight to Contract Offer will be valid for 5 days

MODIFIED CIF ROTTERDAM / HOUSTON PROCEDURES (NON- NEGOTIABLE)

1. Buyer provides Corporate Profile, Corporate Registry with Jurisdiction, and to whom the Seller’s Corporate Offer is to be made out to. Buyer and Seller’s representatives have a conference call to go over the procedures.
2. Seller provides Corporate Offer
3. Buyer issues ICPO with full contact and Bank details.
4. Supplier issues draft CONTRACT AND PROFORMA INVOICE for negotiation. Buyer and Supplier sign and
   seal after mutual agreement. (The contract and the invoice signed and sealed are sent to the banks).
5. Upon the signature of the FINAL CONTRACT AND THE PROFOMA INVOICE with transaction code
   reference number, Buyer's Bank issue for each cargo one MT 103/72 CONDITIONAL (to check and verify the documents and the product, including the Dip Test Authorization) and REVOLVING. Send via Swift to the supplier’s bank, with copy to supplier’s secure E-mail address.
6. Upon confirmation of the MT 103/72 CONDITIONAL the Supplier Issue immediately the following: All the documents regarding to the product at following for POP in the Buyer’s name:

• Statement of allotment availability of the product by the refinery.
• Refinery commitment to produce the product.
• Certificate of Origin, countersigned by a Local Chamber of Commerce.
• Contract to transport the Product to the Port.
• Port Storage Agreement.
• The Dip Test Authorization, tank storage, receipt and survey report made by SGS or IASC
• Notice of readiness (NOR) lodged by Shipmaster at loading port, countersigned for acceptance by
  terminal’s representative.
• Tanker Ullage report at loading port, with time log and Shipmaster report. (including Q&Q report
  and Bill of Lading).
• Signed commercial invoice, based on the delivered quantity/quality, showing name of vessel date
  of completion, loading quantity and state of delivery.
• Charter party agreement(S) to transport the product to the discharge port.
• Certificate of Insurance Coverage with payment confirmation issued by Insurance Company.
• Assignment of ownership documents.

Any other documents pertaining or related to the current trip, duly signed by the authorized Buyer’s persons. Plus all the documents that may be required by the buyer.

7. Buyer will receive within 3-5 working days, all relevant documents of the POP after the confirmation of the Conditional MT103/72, Once the buyer has received all the documents, he has 5 (five) banking days to check and verify the product and all the documents (Including the DIP test).
8. Once the DIP TEST is done successfully, the supplier issues COMMERCIAL INVOICE to the buyer. When the Buyer approves all the documents the product will be loaded into the vessel. Buyer receives the Charter Party agreement with the shipping company, the insurance (110% of the value of the product) and the Q88 of the vessel.
9. Supplier issues Bill of lading within 24 hours upon completion of vessel loading.
10. After the vessel is completely loaded and before the vessel undocks the port, Buyer instructs his bank to
    release the payment (the MT103/72). The title is issued to the name of the buyer.

Offer Subject to availability and can end at any time