Description

JET FUEL JP*4
ORIGIN: RUSSIAN
PRICE PER BBL: $ *7.*0/ *2.*0  USD F.O.B
PRICE PER BBL: $*0.*0/ *5.*0    USD C.I.F
QUANITY: 1,**0,**0 BBL/ upto 5,**0,**0 bbl

STANDARD TRADING PROCEDURE FOR THE FIRST MONTH SHIPMENT

1. Buyer issue ICPO CP, Confirmation Letter in their Company Letterhead to seller.
2. Seller issues Draft Contract and Commercial Invoice for buyer to countersign upon acceptance of the terms and conditions.
3. Seller sends to buyer, Commitment to Supply and Product Availability in Storage Reservoir, Product Passport and Company Registration Certificate & Export License and Certificate of Origin
4. Buyer endorse the tank storage agreement (TSA) with the hired tank facilitator of the respective port tank farm nominated by buyer or seller in the loading port. Buyer has right to nominate its own tank farm. Buyer pays the tank fee to the tank farm to enable seller Pump/Inject the product into the tank
5. Seller issue Dip-Test Authorization to buyer.
6. Upon successful dip test vessel departs to buyers destination port (vessel cost paid by seller & buyer)
7. Upon successful arrival to buyers discharge port, buyer performs Q&Q and makes payment by MT**3 T/T wire transfer for the total product available.
8. Seller pays commission to intermediaries involved in the transaction
9. Contract delivery continue.
SUBSEQUENT TO SUCCESSFUL CI DIP AND PAY AND CONFIRMATION OF BUYERS CAPABILITY WE WILL SIGN CONTRACT FOR *2 MONTHS