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VESSEL TAKE OVER & WE SELL KAZAKHSTAN OIL & GAS

EN590 BLOW IS PROCEDURE

Dear Sir,

We are Direct to Seller of EN590 BLOW IS PROCEDURE
1) Buyer accepts the seller's procedure and issues an ICPO with the following banking details: company profile, passport copy, and CPA.

2) Seller sends the draft CI (Commercial Invoice) and draft DPST (Delivery Processing Schedule Table).

3) Refinery and vessel operator endorse and approve the CI & DPST respectively and return them to the seller, the refinery signs the CI and issues the final copy.

4) Refinery programs injection and issues the following documents to the buyer:
 * Fresh SGS report (less than 72 hours old)
 * Injection report
 * Certificate of origin
 * Authorization to sell and collect (ATSC)
 * Tank storage receipt (TSR)

5) Buyer verifies POP (Proof of Product) within 24 hours to 48 hours, buyer engages SGS at their own expense.

6) Upon successful DIP test inspection, buyer provides Q88 and NOR (NOTICE OF READINESS) to the refinery, and the refinery immediately commences the injection of the product into buyer's CPA (CHARTERED PARTY VESSEL)

7) Upon complete injection, buyer makes payment for the total product value injected into the buyer's vessel, along with any port charges (IF ANY) and the two days tank storage charge, by MT103/TT within 48 hours. The payment is made to the seller's bank account and includes the total billed on the Commercial Invoice.

8) Refinery immediately transfers the title of the ownership to the buyer with all export documents.
 
9) Buyer and seller execute a SPA for 12 months- Subsequent shipments shall continue in accordance with the same procedure indicated above.

Please furnish us with your request.

Best Regards
Victor Egwuatu
For
Blue Sea Drill Oil & Gas LTD
Tel/WhatsApp: +234 902 914 5127



by "Bluesea Drilla" <blueseadrilla@gmail.com> - 01:54 - 21 Jul 2024