WTI WEST TEXAS INTERMEDIATE CRUDE OIL ORIGIN USA

I facilitate WTI West Texas Intermediate crude oil Origin: USA. Seller side is closed. I am buyer side too.

4 January 2023Price quoted is valid for 14 daysTo: End Buyer Soft Corporate Offer - SCOTo End Buyer / MandateWe on behalf End Seller Refinery / Logistics Company, hereby issue this Soft Corporate Offer with given terms and conditions as stated in this offer to confirm our readiness and to execute a Sales and Purchase Agreement with the end buyer, with the ability to supply the following commodities according to the terms and conditions stipulated in this formal corporate offer for the Petroleum Products our Seller can supply for immediate lift on FOB basis from Port of Houston or Rotterdam the following USA origin Product(s).Product West Texas Intermediate WTIORIGIN: USAQUANTITY (BARREL): 1,000,000 Spot, upto 5,000,000/month x 11 months with R&E FOB PRICE: Gross Platt Flat / Net $-1 per BarrelCOMMISSION: USD0.50 SELLER SIDE, USD0.50 BUYER SIDE PER BARREL MODE OF PAYMENT: TELEGRAC TRANSFER (TT) MT 103DISCHARGE PORT: FOB HOUSTON / ROTTERDAM****** Seller's Procedures are non-negotiable****** FOB Transaction ProceduresBuyer issues and sends irrevocable corporate purchase order (ICPO) with seller’s transaction procedure along with passport copy of the company representative. The buyer will also provide TSA to the seller.*Note*: 1. The TSA must be from a USA Company for FOB Houston.2. The TSA must be from a Netherlands Company for FOB Rotterdam.Seller issues Commercial Invoice (CI).Buyer sign CI and Return CI to seller.Seller releases Injection Programming Agreement (IPA) to Buyer for affirmation to program product injection with Buyer’s tank farm.Upon successful programming, Seller’s representative, SGS Team, and Buyer’s representative meets at seller tank storage for the tank and pipefication and Seller issues the hard copy POP documents to buyer representatives in person (Face to Face).Quantity and Quality Certificate (SGS) 48hrs freshTank Storage Receipt (TSR).Product Passport (Dip Test Result).Statement of Product Availability.Refinery Commitment to Supply.Authorization to Sell/Collect (ATSC).Authorization Letter to Verify the Product with the Tank Farm.Company Registration Certificate.Upon successful verification of documents and SGS report by buyer’s team, buyer commence dip test in seller’s tank, if need be, for more confirmation.Upon confirmation of product Q&Q, Seller begins injection into buyer’s tank storage and all parties sign NCNDA/IMFPA.The buyer makes payment by MT103 or TT for the total product available.The seller changes the title of ownership to the buyer’s name and pays all intermediaries according to the signed NCNDA/IMFPA for monthly deliveries and the buyer lifts the product Tank to Vessel ProcedureBuyer issue and send irrevocable corporate purchase order (ICPO) along with Chartered Party Agreement (CPA) from Buyer’s shipping company with seller’s transaction procedure along with passport copy of the company representative.Seller issues Commercial Invoice (CI) and Buyer signs CI and Return CI to the seller.Seller, Buyer and Pipesport company signs the Tank to Vessel injection Agreement (TVIA)Seller provides to Buyer:Notice of ReadinessInjection schedule from the Pipesport Company.Buyer provides vessel Q88 and Authority to Board (ATB) from Buyer’s shipping company to Seller/ Pipesport company.Buyer provides Injection Passage Clearance (IPC) in Buyer’s name registered with the port authority from the Pipesport Company required for commencement of product injection.Upon successful verification of the Injection Passage Clearance (IPC) by the Seller, the Seller issues the hard copy POP documents to buyer representatives in person (Face to Face)Quantity and Quality Certificate (SGS) 48 hrs freshTank Storage Receipt (TSR).Product Passport (Dip Test Result).Statement of Product Availability.Refinery Commitment to Supply.Authorization to Sell/Collect (ATSC).Authorization Letter to Verify the Product with the Tank Farm.Company Registration Certificate.Upon successful verification of documents and SGS report by buyer’s team, buyer commence dip test in seller’s tank if need be for more confirmation, upon confirmation of product Q&Q, begins injection into buyers’ vessel and all parties sign NCNDA/IMFPA.The buyer makes payment by MT103 or TT for the total product available.The seller changes the title of ownership to the buyer’s name and pays all intermediaries according to the signed NCNDA/IMFPA for monthly deliveries and the buyer lifts the product.Tank extension procedures with guaranteeBuyer issues and send irrevocable corporate purchase order (ICPO) with seller’s transaction procedure along with passport copy of the company representative.Seller issues Commercial Invoice (CI).Buyer extends Seller’s tanks for 2 days.Seller provides 2 days tank extension invoice to Buyer.NOTE: Seller shall refund Buyer within 4 business days of Seller does not perform. A commitment/guarantee letter will be issued to buyer.Upon successful programming, Seller’s representative, SGS Team, and Buyer’s representative meets at seller tank storage for the tank and pipefication and Seller issues the hard copy POP documents to buyer representatives in person (Face to Face):Quantity and Quality Certificate (SGS) 48hrs freshTank Storage Receipt (TSR).Product Passport (Dip Test Result).Statement of Product Availability.Refinery Commitment to Supply.Authorization to Sell/Collect (ATSC).Authorization Letter to Verify the Product with the Tank Farm.Company Registration Certificate.Upon successful verification of documents and SGS report by buyer’s team buyer commence dip test in sellers’ tank, if need be, for more confirmation.Upon confirmation of product Q&Q, begins injection into buyers’ tank storage all parties sign NCNDA/IMFPA.The buyer makes payment by MT103 or TT for the total product available.The seller changes the title of ownership to the buyer’s name and pays all intermediaries according to the signed NCNDA/IMFPA for monthly deliveries and the buyer lifts the product.