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D2 JP*4 Houston/Rotterdam

  • USA USA  
  • Last Updated:
    Posted on: 06 Dec 2024

Buyer Information

RFQ Details

Our Procedures
1.We will execute any NCNDA and Fee protection if that is needed.

2.We need the draft contract from seller and if acecptable with sellers information and executed we will execute.We must have lifting schedule included. (We can lift 500k to 2mm per day in Houston).

3.We will only buy spot the first time and the product has to be in tank/pipeline and verifiable via SGS/Saybolt inspection less than 14 days old/tank receipts and an LOA to dip tanks.

***** we can verify there is product and can deal direct with the seller and verify that they have title to the fuel we will issue MT-103-23.

5.We will then expect full POP bank to bank.

6. Close/ transfer title

If we deal with seller up front and verify they actually have fuel in tank and are not just pushing paper, trying to leverage our financial instrument, or arbitrage we can provide proof of funds and soft probe.


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