LPFO D6 fuel oil which can be loaded near Houston, Texas VIA INJECTION | Sellers | BLCO.org 

LPFO D6 fuel oil which can be loaded near Houston, Texas VIA INJECTION



Sellers Published date: October 13, 2014



we are selling the LPFO D6 fuel oil which can be loaded near Houston, Texas VIA INJECTION. We are a Shell Allocation Holder for over ten years and have recently increased the allocation to provide an initial volume to a new Buyer of 15 million gallons per week. We have an SBLC in place with Shell for the expanded allocation.
The price is $2.05/$2.08 . Quantity is 15 million gallon spot followed by starting quantity of 15 million gallons per week.

First step - Buyer CP/Phone call with Buyer and Seller.

We will then issue a SPA which will include shell contract number and allocation information once signed by the Buyer. Upon execution of the SPA we will order the fuel and issue a pre-injection report to the Buyer shortly thereafter.
This will enable the Buyer to finalize logistics.
Upon arrival of the vessel we will load the vessel and you will pay for the fuel.

Basic Procedures:
1. Buyer and Seller have a conference call to discuss elements of the transaction.
2. Seller supplies SPA and Buyer signs the SPA and provides an estimate of vessel arrival date.
3. Seller executes SPA and supplies allocation information and arranges for first lift fuel (15mm gallons) with supplier. The parties execute and lodge with their respective banks.
4. Seller provides pre-injection report to Buyer. Buyer concludes shipping arrangement/Charter Party Agreement

5. Buyer's vessel arrives at port and loading commences. Buyer has option to perform dip test or pay via MT 103 directly.
6. Title transfers and buyer's vessel leaves port to destination.
7. Buyer lodges IRDLC for monthly contract amounts.
8. Lifting schedule commences per contract (15mm gallons weekly).



  • Publisher: adetayo
  • Company Name: TOKSJIN OIL & GAS
  • Country: NIGERIA

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