Description

Dear Sir,

We are please to offer you FOB Fujairah.
Price: **0 Platts NON NEGOTIABLE


PROCEDURE:

1. Buyer issues an ICPO along with;
a) Passport Copy,
b) TSA/CPA Verifiable,
c) Company Registration Certificate,
d) Fresh BCL & ATV with 2 bank officers signs and contact details (Not older than a week),

2. After verification of documents, Seller issues contract and commercial invoice (CI) for the available quantity in the Sellers storage tank to the Buyer. Buyer signs and returns the CI within *4 hours to the Seller.

3. Seller issues the partial Pop documents as below and sends to the Buyer.
a.    Commitment to supply
b.    Certificate of origin
c.    Authorization to verify (ATV)
d.    Tank to tank or Tank to Vessel injection agreement (TTTIA - TTVIA)
e.    Unconditional DTA
f.    Fresh SGS (not older than *8 hours)
g.    Tank storage receipt (TSR)
h.    ATS Authorization to Sell and Collect
i.    Injection report
j.    Ncnda/Imfpa

Note: Buyer verifies all docs & TTTIA - TTVIA to be signed by their tank farm or logistics company. NCNDA-IMFPA to be signed by intermediaries.

4. Buyer conducts dip test in the sellers tank and provide TSR-ATI or Q**-NOR to the Seller, to commence injection of product into the buyers tank or vessel.

5. Within *4 hours, Buyer makes full payment of the product by MT**3 or TT wire transfer to the seller. Seller transfers the title ownership to the Buyer.

6. Seller pays commissions to all the intermediaries under the NCNDA.