JP54 Procedures & Pricing
WE ARE LOOKING TO BUY THE FOLLOWING OFFERS:
Commodity: JET FUEL 54
Product / Quantity /Price
JP54 , Jet Fuel Colonial Grade 54 (Std. Export Quality)
Contract quantity Monthly: Min. 1 Million BBL - to 20 Million BBL
Price: Platts Minus $18/$16 or Better
Commission: Seller side $1/bbl + Buyer side $1/bbl
PROCEDURES:
1. Seller issues SCO (official letter on company).
2. Buyer issues this ICPO to End Seller.
3. Seller issues FCO.
4. Buyer signs and returns FCO with acceptance.
5. Seller issues Contract for ONE (1) year period, with full Seller’s details (Address & Banking) to the Buyer with rolls and extensions up to three years period.
6. Both Buyer and Seller sign sale and purchase contract, and lodge it to their bank respectively.
7. After contract signed by both parties, Seller sends by email to Buyer’s email the following documents:
• Confirmation and Approval from Ministry of Energy, Justice and Transport • Refinery Commitment Letter. Ownership Documents, ATB and Q88 • Copy of fresh cut SGS Report (on liftable amount ONLY!)
8. Upon the verification and authentication by Buyer of the documents mentioned in paragraph 7, Buyer will issue MT103/23 for the first trial shipment.
9. Buyer established payment through MT103 (money transfer) for the first trial shipment quantity against title transfer to Buyer’s name.
THE PROCEDURES, PRICES & COMMISSIONS ARE NOT NEGOTIABLE!
SUBJECT TO DEMAND AT TIME OF ORDER
