jet fuel fob rotterdam

RFQ Description

Buyers T&C?sJet Fuel FOB Rotterdam Qty 2 Million BBLS (Trial) followed by 2 Million BBLS x 36 months with R&EFOB Dip and Pay Procedure 1. Buyer accepts End seller?s SCO and issues ICPO.2. End Seller issues commercial invoice (CI). Buyer Signs it and returns to Seller. 3. Seller provides below listed PPOP along with unconditional Dip Test Authorization:a. Product passport (Product Analysis report) b. Irrevocable commitment to supply. c. Tank Storage receipt (TSR). d. Tank to Tank Injection Agreement (TTIA) to be signed by buyer tank farm. 4. Buyer provides Tank Storage Agreement (TSA) and conducts Dip Test in Seller?s tanks, at his own expense.5. NCNDA / IMFPA is Signed by buyer, Seller & Intermediaries.6. Buyer provides tank Storage receipt (TSR) for seller to proceed for Tank to Tank injection and provide buyer with the injection report of the Product in the Buyers Tanks. 6. Buyer makes payment for total cost of product injected into Tanks via MT103. Seller transfer title ownership to Buyer with all export documents required for the transaction. 7. Upon conclusion of first lift transaction seller pays all intermediaries involved in the Transaction and proceeds with the signing of contract with Buyer.