Sellers Published date: August 13, 2020

Below is the terms and procedure we just used in closing transaction.
Do get back to me if you have a capable buyer that can work with end sellers
Terms.I look forward to your respond.
Thanks
Bog Logistics and Global Resources Ltd
Batubo M
+8328741010



Product: Jet A1
Price: Net USD24/Gross USD26 per Bbl
Quantity: 2,000,000 BBL.
Contract: Spot/12 Months contract with possible rolls and extensions.
Destination port: FOB Rotterdam/Houston
Payment: T/T, MT103.
Inspection: SGS.

Product: Jet A1
Price: Net USD24/Gross USD26 per Bbl
Quantity: 2,000,000 BBL.
Contract: Spot/12 Months contract with possible rolls and extensions.
Destination port: FOB Rotterdam/Houston
Payment: T/T, MT103.
Inspection: SGS.

Product: D2 Gas Oil Gost 305-82
Price: Net USD150/Gross USD160 per MT.
Quantity: 50,000 MT First Lift.
Contract: Spot/12 Months contract with possible rolls and extensions.
Destination port: FOB Rotterdam/Houston
Payment: T/T, MT103.
Inspection: SGS


Product: EN590
Price: Net USD140/Gross USD150 per MT.
Quantity: 50,000 MT First Lift.
Contract: Spot/12 Months contract with possible rolls and extensions.
Destination port: FOB Rotterdam/Houston
Payment: T/T, MT103.
Inspection: SGS


Product: D6
Price: Net USD0.34/Gross USD0.36 per Gallon.
Quantity: 100 Million Gallons First Lift.
Contract: Spot/12 Months contract with possible rolls and extensions.
Destination port: FOB Rotterdam.Houston
Payment: T/T, MT103.
Inspection: SGS



TRANSACTIONAL PROCEDURES FOB ROTTERDAM PORT

1. Buyer issues ICPO together with Tank Storage Agreement (TSA) upon acceptance to seller offer.
2. Seller issues Commercial Invoice (CI) for the available quantities on ground to be sold to buyer.
3. Buyer signs and then return the Commercial Invoice with NCNDA/IMFPA signed by all Buyer groups with commission structures.
4. Seller arrive buyer storage terminal to program the injection and then issues Buyer the following documents.

• -(Three)3 days Unconditional Dip Test Authorization (DTA);
• Fresh SGS Report inspected in Rotterdam;
• Reservoir Storage Receipt with GPS coordinates;
• Authorization to verify (ATV);
• Injection Report
• Certificate of origin;
• Authorization to Sell and Collect (ATSC).

5. Buyer upon verification and confirmation of the product and the PPOP documents, order SGS to conduct the Dip Test in the Seller Reservoir on Buyer expenses.
6. Upon successful Dip Test, Seller commences injection immediately into Buyer Tank and issues Buyer Title of Ownership Certificate to be followed by all Export Documentation.
7. Buyer makes payment by MT 103 or TT Wire Transfer for the total product and lifts the product and Seller pays all intermediary involve in the transaction.

• 
  
  

Contact this Company

You need to login/register to contact this company

               

Important information

• Avoid scams and never pay with Western Union, Moneygram or any other payment services
• We are not responsible for any decisions you make to contact any company. We are not associated with any company listed here.