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FOB TRANSACTION PROCEDURE FOR JP54 (TS-1)Quantity: 5million bbl monthlyPRICE: USD42/381. The buyer sends the ICPO to the seller / sellers mandate along with the registration certificate of the buyer company, the buyers company profile.2. Issuance of the seller (C.I) Commercial invoice for the quantity available in the storage tank for the buyer, the buyer signs and returns to seller with his TSA, ATV and NCNDA-IMFPA signed by all buyer groups with commission structures3, Seller verifies the Buyer’s TSA and issues the PPOP documents:A. Fresh SGS report not older than 7 calendar daysB. Tank receiptC. Commitment to supplyD. Product passport by SGSE. Injection reportF. Certificate of originG. Authorization to Sell (ATS)H. Immersion Test Authorization (DTA)I. Declaration of availabilityJ. Certificate of registration of the companyk. Export license4. After successful verification of the PPOP by the buyer, the buyer orders SGS to perform the product immersion test in the commercial tank at the buyers expense.5. After a successful immersion test, the buyer presents his tank storage receipt (TSR) and the seller injects the product into the buyer’s contracted tanks6. The buyer delivers 100% of the payment, through the MT103 TT bank transfer for the total payment of the product within 24 banking hours, while the seller simultaneously transfer title of ownership to the buyer.7. Seller pays the commission within 24 banking hours after the buyer’s payment.8. After the first successful contract of release of the seller of the transaction for the one-year contract and the payment term will be negotiatedIf interested in the above procedure, please contact me on jologunlekogmail.comN.B: Buyer’s tank farm will NOT sign a DTA letter from the Seller.Kindly send me the complete product catalog with Price list.