Supply of Diesel D2
GHOST*****2 from **0,**0MT/mth to **0,**0/MT/mth. Current price is
USD**0/MT.
Standard Procedure:
1. Buyer sends ICPO + Bank Coordinate with
a. The photocopy of buyer’s company certificate of
incorporation.
b. Scanned copy of buyer’s representative international
passport.
c. The buyer’s official letter of consent to issue SWIFT POF
(Pre advice DLC) within *5 days upon receiving Soft Approved
Contract + POF Letter from Refinery
2. Seller sends Draft contract open for amendment for Buyer’s
approval and signature.
3. Buyer returns Draft contract to Seller unsealed (normal
word file) for seller to countersign and seal for approval in
Russian Ministry of Energy at Seller Expense and lodge with the
respective bank (fiduciary account at Seller’s bank)
4. Buyer bank issues swift Pre Advice DLC/ BG or MT **3/*3 as
Buyer POF (proof of fund) to Seller bank for the confirmation of
buyer capability to purchase product and quantity mentioned (MT
**9/BCL not accepted by seller bank to swift PB2% and POP to the
buyer bank)
5. Seller bank responds to Buyer’s bank by issuing via SWIFT
confirmation of the product availability (PARTIAL POP -proof of
products) including NON-OPERATIVE PB (performance bond) 2% to the
same Buyer bank.
Title Holder of Partial POP sends to End Buyer
a. Commercial Invoice
b. Export Licence
c. Company Registration Certificate
d. Tanker Bill of Lading
e. Statement of Availability product endorsed by Ministry of
Energy
6. Buyer bank to issue via SWIFT Operative DLC/SBLC / BG
MT **0 to Seller bank to activate NON-OPERATIVE PB2% to become
OPERATIVE PB2% and also Seller bank responds via SWIFT FULL POP in
*4 hours to the same Buyer bank.
7. Seller loads the product to the buyer designated vessel as
per INCOTERM ***0 CIF.
8. Shipment commence as stated in the contract.
9. Payment is made by TT or MT **3 within Seven (7) days UPON
arrival the GOODS and CIQ Final Analysis at the Buyer Discharging
Port.
*0. Intermediaries are paid for each lift for the signed
contract and for roll-overs.
*1. Delay in signing the firm sales term sheet can make the
seller to withdraw the offer of sale or price might change.
