Performing Petroleum Supplier Available – CIF ASWP

DATE: MAY 2024 (VALID UNTIL FURTHER NOTICE)

TO: RESPECTIVE BUYERS & BUYER FACILITATORS

We are thrilled to announce that we have arranged a performing supplier that collaborates with several non-sanctioned refineries. This supplier provides delivery on a CIF (Cost, Insurance, and Freight) ASWP (Any Safe World Port) basis for a variety of products. Interested buyers should begin by sending us their ordered quantities, destination port, and confirmation on the issuing bank for accurate quotation and ICPO information. This will allow us to provide the necessary seller information and facilitate the initiation of the transaction.

PRODUCT:

EN590 10 PPM

MONTHLY QUANTITY:

MIN: 25,000 METRIC TON

MAX: 1,000,000 METRIC TON

CIF PRICE / MT:

$520.00 – $725.00

(PRICE DEPENDING ON QUANTITY AND DESTINATION PORT)

PRODUCT:

AVIATION TURBINE FUEL – JET A1

MONTHLY QUANTITY:

MIN: 2,000,000 BARRELS

MAX: 10,000,000 BARRELS

CIF PRICE / BBL:

$90.00 – $100.00

(PRICE DEPENDING ON QUANTITY AND DESTINATION PORT)

ORIGIN:

KAZAHSTAN/TURKMENISTAN/AZERBAIJAN/KUWAIT/QATAR AS PER SELLER´S OFFER, NON-SANCTIONED COUNTRIES

DELIVERY TERMS:

COST, INSURANCE AND FREIGHT (CIF)

DESTINATION PORT:

ASWP

PERFORMANCE BOND:

2%

PPOP:

ALL RELEVANT PPOP DOCUMENTS AFTER SPA SIGNING

TTM:

OPTIONAL: AFTER SIGNED FCO & POF BCL OR RWA

PAYMENT TERMS:

BY SBLC-MT760 OR DLC MT 700 FORMAT (FROM TOP 25 PRIME BANK OR CONFIRMED BY TOP 25 PRIME BANK) WITH ONE-MONTH TRANSACTION VALUE IS EQUIVALENT TO USD, VALID FOR ONE YEAR AND ONE MONTHS (13/14 MONTHS). THE SBLC/DLC IN THIS AGREEMENT SHALL BE

 

IRREVOCABLE, NON-TRANSFERABLE, AUTO-REVOLVING, DIVISIBLE, OPERATIVE, CONFIRMED (BANK TOP 25) AND UNCONDITIONAL

 

THE SELLER’S BANK SHALL SEND TO THE BUYER’S BANK A COMPLETE SET OF SHIPPING DOCUMENTS FOR CONFIRMATION AND VERIFICATION. THEN AFTER RECEIPT OF THE ORIGINAL DOCUMENTS 100% MT103 IN USD SHALL BE RELEASED BY THE BUYER’S BANK TO SELLER’S BANK AFTER THE SGS REPORT AT THE DESTINATION PORT, FOR EACH INDIVIDUAL DELIVERY OF GOODS TO EACH OF THE LISTED NAMED PORTS.             

 

SUMMARIZED TRANSACTION PROCEDURE:

 

  1. Buyer sends ICPO (incl. KYC/CIS, Bank Information, Passport Copy) addressed to: (TO BE ANNOUNCED)
  1. Seller issues Full Corporate Offer (FCO).
  1. Buyer signs FCO and sends it with Bank Commitment Letter BCL/RWA.
  1. Seller, after receiving signed FCO and BCL/RWA from the Buyer, within 3-5 days will send to the name of Buyer the Draft Contract for review. Buyer after receiving the Draft Contract within 2-3 days to familiarize himself and, if necessary, make his additions, changes and wishes, then send the Draft Contract to the Seller for the final approval of the contract. Seller, after receiving the Draft Contract, sends all possible changes and additions from the Buyer again to the Buyer for signing. Buyer signs the final draft contract and sends it back to the seller for signature. Seller upon receipt of the signed final draft contract from the Buyer, the Seller signs the contract and sends the Buyer to bank registration.
  1. Seller issues Commercial Invoice.
  1. Buyer signs Commercial Invoice and sends back to the Seller.
  1. Buyers bank issues financial guarantee valid for one year and one month. The SBLC MT760/DLC MT 700 swift in Agreement shall be Irrevocable, Non-Transferable, Auto-Revolving, Divisible, Operative, Confirmed (Bank TOP 25) and Unconditional to cover the first shipment to Sellers bank in 3 working days.
  2. Upon confirmation of Buyers bank SBLC MT760/DLC MT 700, Seller starts within 7 days at the latest with preparation and loading of the goods for the first shipment.
  3. The Seller’s bank shall send to the Buyer’s bank a complete set of shipping documents for confirmation and verification. Then after receipt of the original documents 100% MT103 in USD shall be released by the Buyer’s bank to Seller’s bank after the SGS report at the  destination port, for each individual  delivery of goods to each of the listed named ports.  

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