Russian Petroleum Products FOB Rotterdam and CIF ASWP

Description

(Offer Code: NGK-CF**1)

RUSSIAN PETROLEUMS FOB ROTTERDAM AND CIF ASWP

Grade: Russian Export Grade

Origin: Russian Federation

Incoterms:
FOB Russia and Rotterdam
CIF ASWP

Loading Port: Rotterdam

Payment Term: MT**3

Inspection: By SGS


PRODUCT LIST AND PRICE

AVIATION KEROSENE COLONIAL GRADE *4
Quantity: 1,**0,**0 BBLS 2,**0,**0 BBLS Spot with R & E
CIF Price: Gross USD *0 Per BBL / Net USD *8 Per BBL
FOB Price: Gross USD *4 Per BBL / Net USD *2 Per BBL

RUSSIAN VIRGIN D6 FUEL OIL
Quantity: **0,**0,**0 Gallons **0,**0,**0 Gallons Spot with R & E
CIF Price: Gross USD 0.*0 Per Gallon / Net USD 0.*6 Per Gallon
FPB Price: Gross USD 0.*6 Per Gallon / Net USD 0.*2 Per Gallon

RUSSIAN DIESEL GAS OIL D2 GOST *****2
Quantity: *0,**0 MTs **0,**0 MTs Spot with R & E
CIF Price: Gross USD **0 Per MT / Net USD **0 Per MT
FOB Price: Gross USD **0 Per MT / Net USD **0 Per MT

RUSSIAN DIESEL ULSD EN**0 (*0PPM)
Quantity: *0,**0 MTs **0,**0 MTs Spot with R & E
CIF Price: Gross USD **0 Per MT / Net USD **0 Per MT
FOB Price: Gross USD **0 Per MT / Net USD **0 Per MT

MAZUT M**0 GOST *******5 & *******9
Quantity: *0,**0 MTs **0,**0 MTs Spot with R & E
CIF Price: Gross USD **0 Per MT / Net USD **0 Per MT
FOB Price: Gross USD **0 Per MT / Net USD **0 Per MT

HIGH-SPEED DIESEL (HSD) *0PPM
Quantity: *0,**0 MTs **0,**0 MTs Spot with R & E
CIF Price: Gross USD **0 Per MT / Net USD **0 Per MT
FOB Price: Gross USD **0 Per MT / Net USD **0 Per MT

AUTOMOTIVE GAS OIL (AGO)
Quantity: *0,**0 MTs **0,**0 MTs Spot with R & E
CIF Price: Gross USD **0 Per MT / Net USD **0 Per MT
FOB Price: Gross USD **0 Per MT / Net USD **0 Per MT

LNG GOST ******7
Quantity: *0,**0 MTs **0,**0 MTs Spot with R & E
CIF Price: Gross USD **0 Per MT / Net USD **0 Per MT
FOB Price: Gross USD **0 Per MT / Net USD **0 Per MT

LPG GOST *******6
Quantity: *0,**0 MTs **0,**0 MTs Spot with R & E
CIF Price: Gross USD **0 Per MT / Net USD **0 Per MT
FOB Price: Gross USD **0 Per MT / Net USD **0 Per MT

LIGHT CYCLE OIL
Quantity: *0,**0 MTs **0,**0 MTs Spot with R & E
CIF Price: Gross USD **0 Per MT / Net USD **0 Per MT
FOB Price: Gross USD **0 Per MT / Net USD **0 Per MT


TRANSACTION PROCEDURE (FOB)

1.  The Buyer issues ICPO with his International Passport Copy (Data Page) to the Seller.

2.  The Seller issues Commercial Invoice (CI) for the available quantity in the Sellers Storage Reservoir to the Buyer. Buyer signs and returns the CI to the Seller with their signed Tank Storage Agreement (TSA) for the Sellers Verification and Approval to enable injection programming.

3.  The 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)  Unconditional DTA
e)  Fresh SGS (not older than *8 hours)
f)  Tank Storage Receipt (TSR)
g)  ATS Authorization to Sell
h)  Injection Report

4.  The Buyer conducts inspection by SGS on buyers expense.

5.  Seller issues endorsed NCNDA/IMPFA to all intermediaries involved in the transaction and to Buyer.

6.  Upon successful dip test of the product, buyer makes payment of the product via MT **3 and Seller transfers Title Ownership to buyer.


CIF WORKING PROCEDURE AWSP

1.  Buyer confirms Soft Offer and acceptance of the Sellers procedures, issues ICPO with Sellers Procedures incorporated on the ICPO.

2.  Seller issues Draft Contract (SPA) and sends it to the Buyer, Buyer reviews SPA endorse and notarize with Russian Ministry of Energy and Ministry of Foreign Affair through an approved attorney at Buyers Cost.

3.  Seller reviews endorsed and notarized copy of SPA from Buyer, and release the following POP:
a)  Company Registration Certificate
b)  Company tax identification/registration Certificate
c)  Refinery Commitment to produce
d)  Refinery affidavit
e)  Statement of availability of product
f)  Refinery Product quality passport (Analysis)

4.  On confirmation of the receipt of the partial POP, Buyer issues DLC MT**0.

5.  On confirmation of clause 4 by Sellers bank, Sellers bank issues the Full POP documents listed below to buyer bank and the 2% PB.
a)  Copy of License to Export, Issued By the Department of the Ministry of Energy
b)  Copy of Approval to Export, Issued By the Department of the Ministry of Justice
c)  Copy of Statement of Availability of the Product
d)  Copy of the Refinery Commitment to Produce the Product
e)  Copy of the Transneft Contract to Transport the Product to the Port
f)  Copy of the Port Storage Agreement
g)  Copy of the Charter Party Agreement(S) To Transport the Product to Discharge Port
h)  Dip test Authorization, Tank receipt and SGS report
i)  Copy of Vessel Questionnaire *8
j)  Copy of Bill of Lading
k)  Certificate of Origin

6.  Upon receipt of the 2%PB & Full (POP) by buyers bank, Buyer immediately notifies seller refinery of readiness.

7.  Shipment commences as per contract schedule.

8.  Within 7 working days of Vessel arrival, buyer release full payment via MT**3 after CIQ or SGS at the destination port.


NOTE:
- Procedures are non-negotiable
- Prices are subject to change without prior notice

For inquiry, please contact us for further proceed.