PRODUCT AVIATION FUEL (JET FUEL)
QUANTITY 2,000.000 BBLS
ORIGIN UNITED STATES
DELIVERY FOB ROTTERDAM, HOUSTON PORT
PRICE (FOB) PRICE: $102
PAYMENT TERMS BANK TRANSFER
INSPECTION SGS.
FOB PAYMENT PROCEDURE……1
1. THE BUYER ISSUE ICPO ATTACHED WITH COMPANY PROFILE /INTERNATIONAL PASSPORT COPY (DATA PAGE) TO THE SELLER.
2. THE SELLER ISSUES COMMERCIAL INVOICE (CI) TO THE BUYER ALONG WITH STATEMENT OF AVAILABILITY OF PRODUCT AND COMMITMENT TO SUPPLY. THE BUYER SIGNS AND RETURN THE CI TO THE SELLER WITH HIS SIGNED TANK STORAGE AGREEMENT (TSA) FOR THE SELLER’S VERIFICATION AND APPROVAL.
3. THE SELLER RELEASE THE POP DOCUMENTS AS BELOW AND SEND TO THE BUYER.
A. ANALYSIS REPORT BY SGS (NOT OLDER THAN 48 HOURS)
B. CERTIFICATE OF ORIGIN
C. NOTICE OF READINESS
D. UNCONDITIONAL DTA
5. WITHIN FORTY-EIGHT (48) HOURS UPON COMPLETION OF INJECTION OF THE PRODUCT INTO THE BUYER’S TANK, BUYER ISSUES 100% TT WIRE TRANSFER PAYMENT TO THE SELLER. THE SELLER TRANSFER THE TITLE OWNERSHIP TO THE BUYER.
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