Selling N°484717:
19/05/2021 16:06:39
commodity: d6 virigin fuel oil
origin: russia federation
quantity: 100,000,000 gallons (one hundred million gallons) spot
contract: 200,000,000 gallons monthly
price: $0.78 gross/$0.74 net per gal
commission: $0.4, (50% seller side, 50% buyer side)
destination: fob houston
payment terms: mt103/tt
commodity: aviation kerosene grade jet a1
origin: russia federation
quantity: 1,000,000 million (one million barrels) spot
contract: 1
,000,000 barrels monthly
price: $62 gross/$58 net per bbl
commission: $4 (50% seller side, 50% buyer side)
destination: fob rotterdam
payment terms: mt103/tt
fob operational transaction working procedure
1, buyer accepts seller working procedure and issue icpo addressed to the seller refinery.
2, seller issues commercial invoice. buyer signs and returns back commercial invoice and tank
storage agreement (tsa). all parties sign (ncnda/imfpa)
3, seller provide buyer with the below listed ppop. .*authorization to verify (atv). .
*comprehensive letter for confirmation of buyer tsa. .* tank storage receipt (tsr)
*commitment to supply
*product passport
4, upon confirmation of duly signed comprehensive letter, seller provides buyer with full pop
below: . *sgs report (fresh). *injection report. unconditional dta. *authorization to sell and
collect (atsc) *certificate of origin issued by the local chamber of commerce
5, buyer within 24 hours conduct dip test in sellers tanks, injection commence immediately and
seller provide buyer with the injection report of the product into buyer’s tanks.
6, buyer make payment for total cost of product injected into buyer tanks via mt103, seller
transfer title ownership to buyer with all exportation documents required of buyer for the
transaction. upon conclusion of first transaction seller pays all intermediates involved in the
transaction and proceeds with the signing of contract with buyer.
