Trade Commodity

DIP &PAY JP54 FOB Rotterdam - Platt Discount Gross 11 / Net 8

DIP &PAY JP54 FOB Rotterdam - Platt Discount Gross 11 / Net 8

Product no.: AD543
Price excl. tax: $0.00
Price (incl. tax): $0.00

Product

AVIATION FUEL KEROSENE 54 - JET FUEL TS1

Price

Gross Platt’s - per BBL FOB $ -11.00 BBL GROSS, US $ -8.00 BBL NET.

Quantity

Minimum 2,000,000BBLs, Up to 5,000,000 Barrels per Month x 12 Months with Rolls

and Extensions

Delivery

FOB

Payment

T/T, MT103

Inspection

SGS

Commission

$3. with $1.50 to Seller side (closed) and $1.50 to Buyer side

 

Partition Buyer side commission $ 1.50

$ 0.50 Group offer

$0.50 Lukspoint d.o.o.

$0.50 Buyer Mandate

 

 

PROCEDURE – FOB ROTTERDAM/HOUSTON

TERMS & OPERATIONAL PROCEDURE: FOB/CI, DIP & PAY

 

1. Buyer issues letter confirm procedure (draft attached)  to Lukspoint d.o.o. with Company Profile.

2. Lukspoint d.o.o. send to Buyer, Seller's Address for ICPO.

3. Buyer sends ICPO to Seller  with Seller’s procedures incorporated on the ICPO along with Copy of  

     international passport, tank storage agreement (TSA) or CPA as proof of storage availability.

4. Seller issue CI for available quantity in storage ready to transfer into Buyer tanks, Buyer signs and

     return  CI to seller with NCNDA/IMFPA signed by all buyer groups with commission structures

5. Upon receipt of the sign C.I from buyer, Seller issues Partial POP Documents listed to buyer :

                   A.  Certificate of Origin

B.   Product Passport (Dip Test Result)

C.   Commitment letter to supply product.

 

6. Seller issues, Dip Test Authorization letter sign by all parties including buyer’s tank farm for proof of readiness.

 

7. Seller issue :

a)   SGS not older than 2 days.

b)  Tank Receipt (TRS shows Fuel in Rotterdam Tanks)

c)   Tank Storage Agreement

d)  Product Passport issued by SGS

e)   Injection Report

f)   Certificate of Origin

g)  (ATS)

h)   (DTA )

i)    (ATV)

 

 

8. Upon verification of the PPOP, buyer orders SGS (Q&Q) in seller’s Tank, buyer pays for Q&Q.

 

9. Buyer upon satisfactory Q&Q sends (TSR + ATV + copy of SGS) to seller. Seller immediately issues

Final (CI) to buyer as per quantity on SGS with Title of ownership Certificate to be followed by all export documentation.

 

10. Buyer makes 100% payment by MT103/TT wire transfer for the total product.

 

11. Seller submits the draft SPA for review for R&E monthly delivers.

 

12. Buyer revise and approves the spa and issues SBLC/IRDLC irrevocable, nontransferable, auto revolving valid for 12 month’s per one month shipment value, documentary letter of credits for length of contract and for each lift per schedule. Buyer pays after dip test by MT 103 wire transfer on each month.