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VIRGIN D6 FUEL OIL

Dear Associate,
 
If your end buyer really need D6. Please review the D6 Offer below and advise if this is of interest to your buyer.
 
Fuel Offer
 
104 Week contract
(D6) No. 6 Fuel Oil Terms Sheet 
Product:
No.6 Fuel Oil USA origin
(Low Pour No.6 Fuel (LFPO) Oil 0.38% Sulphur)
Delivery Terms:
FOB Houston
Spot / Contract Total Quantity:
First Lift – 25,000,000 US Gallons
Contract – up to 200,000,000 US Gallons
Price Basis:
Spot: Price – $1.00 / $1.02 (Buyer pays commission)
Contract: Price – Platts Code PUAAB00 + 4 cent NET + 6 cents GROSS (Buyer pays commission)
 
The following transaction process is non-negotiable and shall be applicable to all products sold in Houston.
 
Procedure:
 
*** Buyer sends CP to seller for ICPO form/template and Soft Corporate Offer
 
1) Buyer issues ICPO
2) Seller issues Commercial Invoice
3) Buyer signs and returns the Commercial Invoice
4) Buyers Bank issues MT199 RWA OR MT799 OR BCL OR Bank Reference Letter (BRL)
5) Seller issues PPOP:
 -Tank Storage Receipt (TSR)
 -Fresh SGS
 -Dip Test Authorization (DTA)
 -Authorization to Verify (ATV)
6) Buyer confirms the PPOP and issues his logistic details (TSA)
7) Buyer performs Dip Test at his own cost
 
NOTE: Dip Test will be performed in the Sellers Storage Tanks
 
8) Buyer pays for lift-able fuel via MT103 and Title is transferred bank-to-bank
9) Buyer issues Tank Storage Receipt and Authorization to Inject (ATI)
10) Lifting commences
11) Buyer and Seller sign SPA and lodge with their banks
12) Seller issues 2% PB
13) Buyer issues IRDLC or SBLC
14) Contract Lifts commence
 
Regards,
 
Ben Asinya
Shamah Energy & Resources
Skype: ben.asinya
This email address is being protected from spambots. You need JavaScript enabled to view it. 
 
 
 
 

Comments  

 
0 # Robert Ah. 2016-08-10 12:45
Good day
We were cooperation in a subject of purchase and sale of oil products.
At the moment we are official mandates of a number of large buyers of various positions of oil products from around the world.
For specification and specification of opportunities of our
cooperation we suggest you to come to a conference communication by means of Skype and to discuss everything in live conversation. Yours faithfully Robert, Joint Consulting group.
we are interested in a particular - JP54 and D2 D6 Lnj have a very serious decisions on these key issues! We look forward to offer
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