Jet Fuel

* Buyer issues Letter of Intent for product

* Seller responds with SCO-FCO and terms of procedures
* Buyer responds with ICPO including the terms of procedures from
Seller with BCL

* Seller bank do bank to bank due diligence on buyers funds legibility
* This process takes approximately 24 to 36 hours

* Once funds has been approved and cleared by seller bank; seller
notify buyer and issue SPA (SALES PURCHASE AGREEMENT)
* Seller and buyer review contract/modify if necessary and finalize by
adding buyer bank coordinates and passport picture
* Seller complete package with passport picture/provide initial bank
coordinates and pdf final contract version to buyer

* Seller issues CI (Commercial Invoice) to buyer

* CI Package includes PARTIAL Proof of Product for initial trial order
with schedule
* DIP & Test Package this (includes DTA, TSR, Product analysis report
from the refinery lab, refinery commitment to producing the product and
seller corporation number)

* Buyer fill in the Notice of readiness letter (this includes
information required from buyer for their TANK Number; Tank Receipt; SGS
Company that will conduct the SGS; Mandates representing buyer to do
site visit);
* Seller send the Notice of readiness package (with buyer completed
form) and schedule meeting for buyer to do the DIP Test
* Within 12 hours buyer team contact the tank company and submit the
DTA issued by seller for arrangement to conduct the DIP Test on the
product
* Buyer team conducts the test and send the test report (SGS) to seller
within 12 hours
* Upon successful Dip Test buyer release the funds by MT103 to seller

* Once funds has been released and confirmed by seller bank, seller
issues to buyer the following:

* Title of Ownership
* Certificate to be followed by export documentation

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This Post Has 3 Comments

  1. Peter Muller

    Good Morning i am looking for Jet Fuel 1 a FOB Rotterdam

  2. Frankline

    Dear Sir/Madam,

    We have direct connection with the Refinery and we can supply all types of petroleum products as mentioned below:

    DIESELGASD2GOST 305-82, DIESEL D6 VIRGIN LOW POUR FUELOIL, AUTOMOTIVE DIESEL FUEL EN-590, ULTRA-LOWSULFUR DIESEL, -AVIATION KEROSENE COLONIAL GRADE JP54 JETFUEL, JETFUELA191/91, AUTOMOTIVE GAS OIL ( AGO ), GASOLINE, FUELOIL(IFO), BASEOILSN CST 500, MAZUT-100 GOST10585/75, BITUMEN, PETROLEUM COKE, LNG, LIQUI DIFIED NATURAL GAS, REBCO GOST 51 858-200 /9965-76, LIGHT CRUDE OIL, White SpiritL, Paraffin, Ethanol 99%, Methanol 99.85, CARBON BLACK FEED STOCK OIL, Granules Sulfur99.8%

    AGREEMENT PROCEDURES (NON NEGOTIABLE)

    1- The buyer shall issue ICPO + BCL upon verification, seller will issue completed signed/sealed FCO , following by Draft Contract for both parties countersigning.

    2- Within (3) three banking days buyer shall review, countersign and/or made any necessary Amendments.

    3-Within (7) seven working days from lodging the Agreement in both banks, Buyers Bank shall issue the financial instrument must be issued or confirmed and guaranteed by top world bank acceptable to the seller.

    4- Within (10) ten banking days of the receipt , verify and authenticate of buyers financial instrument, the seller shall submit full POP and 2% PB (Performance Bond) for the value of the Irrevocable Prime Bank Letter of Credit.

    5- The first shipment delivery within 28 working days from the date of the sellers acceptance of the financial instrument/

    6-(NCNDA/IMFPA) will be endorsed with sellers and buyers bank. Buyer Upon vessel arrival at destination port Buyer discharges the product and within 72 hours pays all parties their commissions.

    TEL/Whatsapp : +36306774323
    Email : Franklinegoddy1@gmail.com

  3. Jiten Mehta

    we required Jet fuel and D6 FOB Rotterdam. please send us SCO on norcacorporation@gmail.com
    we have already sent you the Buyers Company Profile .

    if you find its ok then please send us your SCO on Platts Prices.

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