26/03/2019
Available Oil derivatives for sale:
D2, D6, JP54, Jet A1, LNG, LPGProcedure:
1. Buyer issues ICPO Containing the sellers working procedure with bank details, scanned copy of buyers passport along with “TSA” and buyer company certificate of incorporation.
2. Seller issues commercial invoice of the product in tanks at the port, to be signed by buyer and buyers logistic and to be returned back (commercial invoice) to seller after completed.
3. Seller issues to buyer PPOP listed below:
• Tank storage receipt (TSR) with GPS coordinate of where the tanks are located
• Injection report
• Dip Test Authorization Letter (DTA)
• Authorization to sell
• SGS Report
• Authorization to verify the product in the sellers tank (ATV)
4. Buyer inspects by SGS on buyers expenses and sends TSR
5. Upon successful DIP test in tanks, product will immediately be injected into buyers tanks. Buyer makes payment for the product via MT103/TT
6. Buyer lifts product and all intermediaries are paid and seller and buyer consider and signs further contracts after successful transaction.
