VALIDITY DATE : 25 DECEMBER 2023

SOFT CORPORATE OFFER – CIF 
ORIGIN : QATAR

 Product

Minimum

Maximum PRICE

EN590 10 ppm

100,000 MT/month

300,000 MT/mpnth

550 per MT

JetA1

1,000,000 BBL/Month

4.000.000 BBL/month

88 per BBL

 

VALIDITY DATE : 24 DECEMBER 2023

SOFT CORPORATE OFFER No.25POL
ORIGIN : POLAND.

U1SD-EN590 10PPM
Minimum quantity: 25,000 metric tons per month
Maximum quantity: 300,000 metric tons per month
CIF Price gross: $ 560.00 per metric ton / CIF Price net: $ 540.00 per metric ton
FOB Price gross: $ 530.00 per metric ton / FOB Price net: $ 510.00 per metric ton

JET A1 FUEL
Minimum quantity: 500,000 barrels per month
Quantity: 5,000,000 barrels per month
CIF Price gross: $ 92.00 per barrel/ CIF Price net: $90.00 per barrel
FOB Price gross: $ 87.00 per barrel / FOB Price net: $85.00 per barrel

VIRGIN FUEL OIL D6
Minimum quantity: 50,000,000 gallons per month
Maximum quantity: 800,000,000 gallons per month
CIF Price gross: $ 1.00 per gallon /CIF Price net: $ 0.98 per gallon
FOB Price gross: $ 0.97 per gallon /FOB Price net: $0.95 per gallon

AVIATION KEROSENE COLONIAL GRADE 54 JET FUEL
Minimum quantity: 500,000 barrels per month
Maximum quantity: 5,000,000 barrels per month
CIF Price gross: $ 88.00 per barrel/ CIF Price net: $86.00 per barrel
FOB Price gross: $ 83.00 per barrel / FOB Price net: $81.00 per barrel

Diesel Gas D2 Oil
Minimum quantity: 10,000 metric tons per month
Maximum quantity: 500,000 metric tons per month
CIF Price gross: $ 500.00 per metric ton/ CIF Price net: $ 480.00 per metric ton
FOB Price gross: $ 470.00 per metric ton/ FOB Price net: $ 450.00 per metric ton

MAZUN M100
Quantity: 10,000 metric tons per month
Maximum quantity: 500,000 metric tons per month
CIF Price gross: $ 610.00 per metric ton /CIF Price net: $ 590.00 per metric ton
FOB Price gross: $ 550.00 per metric ton/ FOB Price net: $ 530.00 per metric ton

PETROLUEM COKE
Minimum quantity: 50,000 metric ton per month
Maximum quantity: 400,000 metric ton per month
CIF Price gross: $ 310.00 per metric ton / CIF Price net $290.00 per metric ton

BITUMEN GRADE 60/70 and 80/100
CIF Price gross: $470 per metric ton /CIF Price net: $450 per metric ton

 

TRANSACTION PROCEDURE FOB DIP & PAY ROTTERDAM TANK TO TANK

1. Buyer accepts seller working procedure and issue ICPO to the End seller via Seller’s representative with their company registration certificate.
2. Seller issues commercial invoice and Ex Tank, Into Tank, In Situ (stock transfer), and Free Into Pipeline Deliveries contract Buyer signs the contract and issue to the seller the buyer tank storage agreement (TSA) along with a letter of acceptance and readiness to lift the product with the contract signatory Passport copy.
3. The Seller issues the following PPOP to the buyer for evaluation:
– Product Certification
– Commitment to supply
– Injection programming agreement
4. Seller contact the buyer tank storage firm and validate the endorsement of the Injection programming agreement Upon successful verification Seller issues tank storage receipt, injection report, copy of the Q&Q analysis Report, Authorization to verify (Physical) and Unconditional Dip Test Authorization letter to Buyer, Buyer orders SGS, CIQ or equivalent inspection to conduct Dip Test of the product (Optional) in the Seller’s Tank on Buyer’s expense Upon successful Dip Test,
5. Buyer provide their Notice of Readiness to receive the product, Seller and buyer coordinates with the injection firm to initiate the injection to the buyers tanks, seller Issues to the Buyer Title holder transfer agreement and NCNDA/IMFPA between all intermediaries involved for commission payment to be signed by the buyer and seller prior to Injection.
6. Upon completion of the injection to the buyers tank Buyer makes 100% payment by MT103 TT wire transfer for the total product upon confirmation of the product payment, seller issued to the buyer the below documents:
– COO
– All export documents
7. Seller will release commissions payments to the intermediaries involved within three (03) working days of receiving the Payment for the product from the Buyer’s bank.
8. Seller issues draft Sales and purchase agreement to buyer to review for twelve (12) monthly contract delivery with role and extension.
9. Buyer review and approves the Sales and purchase agreement and issues Letter of credit, Standby letter of credit or Documentary letter of credit (non-transferable) auto revolving for 12 months shipment value, for length of contract and for each lift per schedule.
10. The subsequent delivery shall commence according to the terms and conditions of the contract; Seller pays commissions to all intermediaries as per IMFPA/NCNDA within three (03) working days after receiving the product payment from the buyer.

TRANSACTION PROCEDURE ON CIF

1. Buyer issues ICPO with this procedure incorporated on the ICPO along with Buyer’s Company registration certificate.
2. Seller Issues Sale & Purchase Agreement (SPA), and ICC warning letter Buyer review, amend (if necessary), signs and return the SPA in WORD format to Seller within 3 banking days. Seller sends final SPA to Buyer in PDF format; Buyer confirms final SPA and issues letter of acceptance of the final SPA.
3. Seller issues to Buyer via email the following transaction documents:
– Commitment to supply,
– Statement of product availability,
– ATSC, Buyer confirms the receipt of the documents by mail and issue confirmation letter within 24hrs.
4. The seller has made arrangements for chartered freight services through a well-established shipping company to facilitate the transportation of the product to the buyer’s designated discharge port. Both the seller and buyer have duly executed the Charter Party Agreement (CPA) in conjunction with the shipping company, acting as a third party in this agreement. It’s important to note that this arrangement pertains exclusively to the initial shipment.In accordance with this arrangement, the buyer is responsible for covering the CPA cost, which amounts to 1% of the total cost, via a T/T wire transfer directly to the shipping company. It’s worth mentioning that this cost will be subject to later adjustments, either through refunds or deductions, when the buyer settles the total cost of the products.
5. After completion of the above, Seller issues to Buyer product title transfer agreement, Buyer signs, and returns. Seller legalizes the joint Contract with the authorities in charge and sends to the buyer the legalized contract, the certificate of product title transfer, and then proceeds with the port & custom clearance of product and all internal routines operations accordingly.
6. Upon completion of the above and confirmation of this export approval by the Authority to Seller with the endorsement of the Charter Party Agreement (CPA) and the Shipping Schedule by the Port Authority, to enable Seller to release the below Proof of Product Documents:
~ Legalized Charter Party Agreement (CPA) with the Loading Port Authority.
~ Injection Report
~ Product Allocation Certificate.
~ Allocation Title Transfer Certificate.
~ Export License
~ Export Approval
~ Tank Receipt.
~ Test Authorization.
7. Seller issues the commercial invoice and sends to Buyer for Seller to lodge and activate a 2% PB (Performance Bond/Performance Guarantee) in the favor of the Buyer. If Seller fails to supply the cargo/ shipment of the product to the Buyer this 2% Performance Bond will be paid/forfeited to the Buyer.
8. The product SGS inspection charges will be borne by the Seller at the loading port. Seller invites buyer for visitation to witness the final inspection and TTM for negotiation of the future transaction (Optional to Buyer). Seller signs NCNDA/IMFPA between all intermediaries involved with the notarized copy sent to Seller’s bank.
9. Loading & Shipment of the product commences as per schedule. Upon Vessel’s arrival and finalization of SGS at the destination port, Buyer release payment via swift fund transfer within 3 to 5 banking days to Seller for total shipment value after discharge of product at destination port and receipt of the entire relevantshipping and export documents. Seller within 48 hours pays the intermediaries. Involved according to signed & notarized IMFPA.

VTO PROCEDURE

1. Buyer issues ICPO with the seller’s Sales procedure incorporated on the seller’s Soft Corporate Offer /Full Corporate Offer along with Buyer’s company registration certificate and International Passport copy
2. Seller issues sales Contract and Memorandum of understanding contract addendum for review and endorsement by all parties
3. The buyer contacts seller Escrow Company and signs a three-party escrow agreement reference to the signed contract the buyers make a $400,000USD security guarantee payment of the total cost of the product which serves as a Title Take-Over Fee to the escrow firm
4. Upon seller confirmation of the title takeover payment to the escrow firm, the seller re-routes to the buyer’s desired port, transfers the title to the buyer’s company’s name, and issues the full proof of product (SGS inclusive), with the product exports documents to the buyer’s company
5. Seller Issues the Buyer Title holder transfer agreement and commercial invoice for Seller to lodge and activate a 2% PB (Performance Bond/Performance Guarantee) in favor of the Buyer. If the Seller fails to supply the cargo/ shipment of the product to the Buyer this 2% Performance Bond will be paid/forfeited to the Buyer, and the Seller signs NCNDA/IMFPA between all intermediaries involved for commission payment with the notarized copy sent to Seller’s bank.
6. Upon the arrival of the vessel at the Discharge Port, Buyer submits Authorization to the Board (ATB)/ Bill of Lading (BL) with the Captain on board for the DIP Test. The product SGS inspection charges will be borne by the buyer at the delivery port.
7. After the successful conduct of the DIP Test, the vessel captain will hand over the hard copies of the export documents to the buyer’s or buyers representative, the buyer pays for the total shipment after SGS, CIQ, or equivalent inspection at the discharge port the Buyer release payment via swift fund transfer within 5 to 7 banking days via MT103, T/T Wire transfer, and seller issue to the buyer COO (Certificate of Ownership). the deposited fee would be deducted when the Buyer is paying for the total product cost while Trans-loading commences immediately.

8. Seller will release commission payments to the intermediaries involved within three (03) business days of receiving the Payment for the product from the Buyer’s bank.
9. Seller issues draft Sales and purchase agreement to the buyer to review for twelve (12) months contract delivery with role and extension.
10. Buyer reviews and approves the Sales and purchase agreement and issues Letter of credit, Standby letter of credit, or Documentary letter of credit (non-transferable) auto revolving for 12 months shipment value, for the length of contract and for each lift per schedule.
11. Upon the product’s arrival at the port of delivery the vessel captain will hand over the entire original POP documents to the buyer’s or buyers representative, the buyer pays for each shipment after SGS, CIQ, or equivalent inspection at the discharge port, the Buyer release payment within 5 to 7 banking days via MT103, T/T Wire transfer one each monthly quantity delivery.
12. The subsequent delivery shall commence according to the terms and conditions of the contract; the Seller pays commissions to all intermediaries as per IMFPA/NCNDA 72 hours after receiving payment from the buyer.

TRANSACTION PROCEDURE FREE ON-BOARD

1. Buyer accepts seller’s working procedure, seller representative issues seller draft letter of commitment to purchase the product to buyer, the buyer issues Irrevocable corporate purchase order (ICPO) and the signed letter of commitment to the End seller via Seller’s representative with their company registration certificate.
2. Seller issues commercial invoice and Ex-Tank, Into Tank, In Situ (stock transfer), and Free into Pipeline Deliveries contract
Buyer signs the contract and issues to the seller the buyer tank storage agreement (TSA) along with the contract signatory Passport copy.
3. Buyer coordinates with their tank farm to issue a notice of readiness to receive the commodity quantity in reference to the signed contract between the buyer and seller, addressed to the Seller
4. Seller contact the buyer tank storage firm and validates the notice of readiness to receive the commodity quantity Upon successful verification, the Seller issuestank storage receipt, injection report, copy of the Q&Q analysis Report, Authorization to verify (Physical), and Unconditional Dip Test Authorization letter to Buyer, Buyer orders SGS, CIQ or equivalent inspection to conduct Dip Test of the product (Optional) in the Seller’s Tank on Buyer’s expense Upon successful Dip Test.
5. Buyer provides their stank storage receipt to receive the product, Seller, and buyer coordinates with the injection firm to initiate the injection to the buyers’ tanks, seller Issues to the Buyer Title holder transfer agreement and NCNDA/IMFPA between all intermediaries involved for commission payment to be signed by the buyer and seller prior to Injection.
6. Upon completion of the injection to the buyer’s tank, the Buyer makes 100% payment by MT103 TT wire transfer for the total product Upon confirmation of the product payment, the seller issues to the buyer the below documents:
– COO,
– All export documents.
7. Seller will release commission payments to the intermediaries involved within 72 hours of receiving the Payment for the product from the Buyer’s bank.
8. Seller issues draft Sales and purchase agreement to buyer to review for 12 monthly contract deliveries with role and extension.
9. Buyer reviews and approves the Sales and purchase agreement and issues Letter of credit, Standby letter of credit, or Documentary letter of credit (non-transferable) auto revolving for 12 months shipment value, for length of contract, and for each lift per schedule.
10. The subsequent delivery shall commence according to the terms and conditions of the contract; the Seller pays commissions to all intermediaries as per IMFPA/NCNDA 72 hours after receiving the product payment from the buyer.

 

TTO FREE ON-BOARD FOB FUJAIRAH

1. Buyer accepts seller’s working procedure and issues ICPO to the End seller via Seller’s representative.
2. Seller issues a commercial invoice and ICC Warning letter and Buyer signs and returns commercial invoice and ICC Warning letter.

3. The Seller issues the following PPOP to the buyer for evaluation:
– Product certification (Kazakh)
– Buyers make $118,000USD security payment of the total cost of the product Fee prior to immersion testing.
– Letter of Guarantee
Upon receipt of the above Documents, the buyer provides their proof of payment, upon confirmation of the payment.
4. Buyer conduct immersion test and take over seller tanks seller issue to the buyer:
– Certificate Of Origin.
– Atsc (Authority to Sell and Collect)
– Tank Storage Receipt (Tsr)
– Title holder transfer agreement and NCNDA/IMFPA between all intermediaries involved for commission payment to be signed by the buyer and seller.
5. Buyer makes 100% payment by MT103 TT wire transfer for the total product and Seller issue to buyer Certificate of ownership and all export documents. Seller pays commission to all intermediaries involved in the transaction within 24 hours after confirmation of the buyer’s payment.
6. Seller issues draft SPA to the buyer to review for R&E monthly deliveries.
7. Buyer reviews and approves the SPA and issues SBLC/IRDLC irrevocable, non-transferable, auto revolving for 12 months shipment value, documentary letter of credit for length of contract and for each lift per schedule. Buyer pays after Dip Test by MT103 Wire Transfer one each monthly quantity.
8. The subsequent delivery shall commence according to the terms and conditions of the contract.
9. Seller pays commissions to all intermediaries as per IMFPA/NCNDA 24 hours after receiving payment from the buyer.