(Product Code: KHK-F001)
JET A1 FUEL - JP54 - VIRGIN FUEL OIL D6 - EN590 10PPM
FOB ROTTERDAM ABD HOUSTON
Grade: Russian Export Grade
Origin: Russian Federation
Incoterms: FOB Rotterdam and Houston (CI Dip Pay)
Payments Term: MT103
Inspection: By SGS
PRODUCT LIST AND PRICE
VIRGIN FUEL OIL D6
Minimum Quantity: 100,000,000 Gallons to 200,000,000 Gallons
FOB Fixed Price: Gross USD 0.56 / Net USD 0.52 Per Gallon
AVIATION KEROSENE COLONIAL GRADE JP54
Minimum Quantity: 1,000,000 Barrels to 2,000,000 Barrels
FOB Fixed Price: Gross USD 26 / Net USD 22 Per Barrel
AVIATION KEROSENE COLONIAL JET FUEL A1
Minimum Quantity: 1,000,000 Barrels to 2,000,000 Barrels
FOB Fixed Price: Gross USD 26 / Net USD 22 Per Barrel
DIESEL EN590/10PPM
Minimum Quantity: 100,000 Metric Tons to 200,000 Metric Tons
FOB Fixed Price: Gross USD 190 / Net USD 180 Per Metric Ton
TRANSACTION PROCEDURES (F.O.B) ROTTERDAM AND HOUSTON
1. Seller’s Official Representative issues Soft Offer and Buyer sends ICPO, CP and Tank Storage Agreement (TSA) as proof of storage tank availability.
2. Seller verifies and issues: Commercial Invoice (CI) for the available quantity in the storage tank, along with Commitment to supply, Statement of Product Availability and Certificate of Origin of the Product. Buyer signs and returns CI to Seller along with an ATV approved by their logistics company for Seller’s verification purposes.
3. Upon receipt of the signed CI and ATV, Seller verifies and issues the POP documents:
a) Seven 7 days Unconditional DTA
b) 48 hours Fresh SGS Report in Rotterdam
c) Loading port injection report
d) Product Passports
e) Tank Receipt
f) ATSC
g) Bill of Lading
4. Following the completion of the Dip Test, Seller injects the fuel into Buyer’s leased Storage Tank and Seller submits the full injection report to the Buyer.
5. Buyer makes 100% payment by MT103 TT wire transfer for the total product and Seller pays commission to all Seller side intermediaries as Buyer likewise pays commissions to all Buyer Side intermediaries involved in the transaction within 24 hours after confirmation of the buyer’s payment.
6. Seller issues draft SPA to buyer to review for R&E monthly deliveries. Buyer reviews and approves the SPA and issues SBLC irrevocable, non-transferable, auto revolving for 12 monthly shipment value and documentary letter of credit for length of contract and for each lift per schedule. Buyer pays after dip test by MT103 Wire transfer on each monthly quantity.
Note:
- Prices are subject to change without prior notice.
- Procedures are non negotiable.
For inquiry, please contact us for further proceed.
