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Jet Fue; Buyer and Importer from Nigeria - Buying Lead

14 Apr, 2024

Jet Fue;

Hello Jet A1 At FOB RotterdamOrigin RussianPrice : $128 USD Per Barrels Net $ 130 USD Per Barrels GrossQty : 2 Million Lifetable and 2 Million x 12 MonthsCommission : $1.00 USD Seller Side Closed $1.00 USD Buyer Side OpenSeller Pay Commission all Intermediary involve Note : No Hidden Charges , Show More...

Hello Jet A1 At FOB RotterdamOrigin RussianPrice : $128 USD Per Barrels Net $ 130 USD Per Barrels GrossQty : 2 Million Lifetable and 2 Million x 12 MonthsCommission : $1.00 USD Seller Side Closed $1.00 USD Buyer Side OpenSeller Pay Commission all Intermediary involve Note : No Hidden Charges , No TSR, No Tank Extension , No Tank EndorsementFREE ON-BOARD ROTTERDAM NON-NEGOTIABLE PROCEDUREStep 1: Buyer accepts Seller’s procedure and issues Irrevocable Corporate Purchase Order (ICPO) along with the following:(A) Seller’s Tank Extension: If TSA is absent Buyer submits the application consent to extend Seller’s Tank Storage with the product for a minimum of five (5) business days),(If buyer doesn't have TSA)(B) Banking details, Company Profile, and Signatories Passport copy.Step 2:(A) Seller conducts due diligence on Buyer and issues Commercial Invoice agreement(B) Buyer reviews, signs, and returns CI to Seller for endorsement along with Proof of Financial Capability (POF) i.e., requires MT 199 as per the verbiage from reputed banks for an estimated value of Trial Lift to Seller on a receipt of CI. POF is normally a bank-to-bank communication with a copy sent directly to the Seller.Step 3.(A) After confirmation of receipt of SWIFT MT199 in the Seller's bank, Seller issues UDTA to Buyer.(B) Buyer conducts a Dip Test in Seller tank at their cost after which they will receive the full POP from the Seller, which will be ready for Buyer due diligence, After the positive SGS test results, the Buyer makes the payment to extend Seller’s Tank Storage with the product for a minimum of five (5) business days), The buyer then returns a copy of the Commitment Letter to be signed and confirmed by the Seller.(C) To do the DIP test Seller obtains and Issues to Buyer Port Terminal Access Permit and Clearance for Buyer to come into its Tank Facilities and confirm product Quantity and Quality.(D) The below full Proof of Product documents are issued by Seller:• Company Registration Certificate• Tank Storage Receipt• Fresh SGS• Injection Report• Change of Ownership Certificate• Authorization to Sell and Collect• Company Tax Payment Certificate• Special Clause: Signed Non-Circumvention, Non-Disclosure Agreement (NCNDA) Irrevocable Master Fee Protection Agreement (IMFPA) - for intermediary fees protection and Legalization to be signed by all concerned upon which Seller will get it notarized and bank endorsed.Step 4. Buyer pays for the product by Swift MT-103 into Seller's account After Injection into Buyer's tank Tanker Vessel, and after Seller receives payment via MT103, Seller endorses all pop-under Buyer's name solely, transferring Title Ownership to Buyer.Step 5. Seller pays all intermediaries mandates involved for their commission by TT working hours according to signed NCNDA IMFPA documents.Step 6. After the successful trial contract, both parties agree to a 12- month contract with R & E, and Unconditional .

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