Commodity: FUEL OIL. МАЗУТ М-100 GOST10585-75
Quantity: Minimum: 50,000 MT Trial Shipment / Maximum: 300,000 MT Monthly.
Price: Platt’s Europeam Marketscan FOB NWE Straight run 0,5 – 0,7% PKABA00
Platt Discount: Minus 12 / -2
Commission: $5 / $5
Port of loading: Vladivostok, Nakhodka
1. Buyer issue ICPO to seller.
2. Seller issues Draft Contract and Commercial Invoice for buyer to countersign upon acceptance of the terms and conditions.
3. Seller sends to buyer:• Commitment to Supply
• Product Availability in Storage Reservoir,
• Product Passport
• Company Registration Certificate.
4. Buyer endorse the tank storage agreement (TSA) with the hiredtank facilitator of the respective Port tank farm nominated by the seller.
Buyer pays the tank fee to the tank farm to enable seller Pump/lnject
the product into the tank
5. Seller issue Dip-Test Authorization to buyer.
6. Upon successful dip test, buyer makes payment by MT103 T/T wire transfer for the total product available.
7. Seller pays commission to seller side intermediaries involved in the transaction.