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Direct to Seller of - EN 590 Price - USD 570 MT and Jet fuel A1

Dear Sir,

We are Direct to Seller of - EN 590 Price - USD 570 MT and Jet fuel A1 price USD 86 MT
 Commission in EN 590 - USD 5 andJet fuel A1is USD 1 ( All the intermediaries including me and my partner)
TTV procedureNON- NEGOTIABLE TRANSACTION WORKING PROCEDURE FOB (TTV) (Ref. :Kam-f-1 ) 
To start with,
Buyer issues fresh official LOI , 
Seller agent replies with SCO to Buyer to sign and revert.
Upon receiving the signed SCO,
Seller agent sends an ICPO template.

1. Buyer issues official Irrevocable Corporate Purchase Order (ICPO) 
Inline with the seller procedure and guidelines, including :
full banking Information, Company profile and registration Certificate and buyer passport copy and a valid CPA.

2. Seller sends following Draft CI (Commercial Invoice), Draft DPST (Delivery Processing Schedule Table)

3. Buyer and vessel operator endorse and approve CI & DPST respectively and return to seller. Seller signs CI and issues final copy. An NCNDA/ IMFPA signed by all intermediaries with commission structures and sent to Seller for Endorsement and Notarization. . 


4.Seller programs injection and issues to Buyer the following documents:

A. Unconditional dip test authorization (DTA)
B. Fresh SGS report (less than 72 hours old)
C. Injection report

D. Certificate of Origin

E. Authorization to sell and collect (ATSC)
F. Tank Storage Receipt (TSR)
G. Seller Endorse and Notarize the NCNDA/IMFPA and send to Seller's bank for registration & legalization to Secure commission Payment and send a copy to Intermediaries Representative.

5. Buyer verifies POP within 24 to 48 hours.(Buyer has optional dip test inspection on the product in Supplier/Seller storage tanks via SGS at Buyer's expense.

6. Upon successful dip test inspection (if necessary), Buyer provides INOR (Injection Notice of Readiness) to Seller and Seller immediately commences injection of the product into Buyer's CPA Chartered vessel then Buyer makes payment for the total product value by MT103/TT upon injection of completion.

7. Seller immediately transfers the title of product ownership to Buyer with all export documents.

8. Seller pays all ( Both Sides) Mandates and intermediaries involved in the Transaction according to the Signed NCNDA/IMFPA within 24 hours of Buyer payment.
9. Buyer and Seller execute SPA for 12 months. The proceeding shipments shall continue in accordance with the same Procedures indicated above.

Regards
Victor Egwuatu (CEO)
Blue Sea Drill Oil & Gas LTD
Tel/WhatsApp: +234 902 914 5127

by "Bluesea Drill" <blueseadrill0@gmail.com> - 05:33 - 20 Nov 2024