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buy About Crude Oil

  • Ukraine Ukraine  
  • Last Updated:
    Posted on: 29 Dec 2023

RFQ Details

Good day, interested in jp 54 Quantity required Contract term e.g 12 months. Commodity: Aviation Kerosene Colonial Grade 54 ("JP54") Quality: GOST 10227-86 (TS-1, T-1) Origin: Russian Federation Delivery: FOB Rotterdam; CI Dip & Pay in Seller's tank. Price: Platts North West Europe less $15.00 BBL Net Discount Paid to Refinery. All Commissions shall be paid by Buyer: Commission: US$2.00 per Barrel paid by Buyer shared 50 / 50 Sell Side and Buy Side respectively as per completed NCND/IMFPA. -- $1.00 to Sell Side Intermediaries (Closed). -- $1.00 to Buy Side Intermediaries (Open) Payments: Dip & Pay payment of Commercial Invoice Swift MT103/TT Wire Transfer to Sellers nominated Bank. Inspections: Dip test in Seller's tank by Societe Generale Surveillance (SGS) at Buyers cost. TRANSACTION PROCEDURE: There are two stages to the procedure, first a pre-qualification and then buyers go through the Seller's procedure. Buyers who successfully go through these procedures will be able to get fuel via the CI Dip & pay transaction. PRELIMINARY PROCEDURE Buyer send LOI with Company profile to seller - seller carries out initial KYC and DD on Buyer. If satisfied, NCND/IMFPA sent to Buyers Side and return the signed document. Buyer proceeds to Refinery Procedure. REFINERY /SELLER PROCEDURE