Agent for Real Majors Buyers | Petroleum Products (Buyers) | NCNDA.org 

Agent for Real Majors Buyers



Petroleum Products (Buyers) Published date: July 5, 2019



We are interest on JP54 D 6 D2 Regular Gasoline and Crude Oil
We can work with this procedures:
Please send me a soft offer with each product to: vhsprofessionalservices@gmail.com

PROCEDURE DIP AND PAY FOB HOUSTON - ROTTERDAM
1. Seller issues SCO
2. Buyer issues ICPO with CP, warning letter
3. Seller send CI, ATV with unconditional DTA and Authorization to sell and Collect (ATSC) to Buyer.
4. Buyer performed DI DIP Test.
5. Buyer pays Fuel within 12 HOURS after the issue of the SGS.
6. Sellers transfers titles
7. Buyer lift fuel.

PROCEDURE FOB ROTTERDAM – HOUSTON (D6 – D2 - JP54)

1. Buyer issues Corporate Profile (CP) to Seller.

2. Upon review and acceptance of Buyer’s CP, Seller issues Commercial Invoice (CI) to Buyer who upon review and acceptance countersigns and seals and returns to Seller.

3. Seller sends PPOP including ATV with Unconditional Dip Test Authorization (UDTA) and Authorization to sell and Collect (ATSC) to Buyer.

4. Buyer contracts with SGS or equivalent to conduct Dip Test of the product in Seller’s tanks in order to obtain Quantity and Quality (Q & Q) Analytical Report.

5. Buyer pays for the verified and contracted quantity of the product within twelve (12) working hours after the issuance of the SGS or equivalent Q & Q Analytical report ordered by Buyer by means of M/T 103 Wire Transfer to Seller’s designated Bank Account.

6. Upon receipt and confirmation by Seller of the FULL INVOICED payment amount, Seller transfers titles to the product to the Buyer.

7. Buyer lifts fuel into Buyer’s designated Tanks.

8. Seller pays all commissioned Parties in accordance with executed Commission Agreement.

9. Seller provides Buyer with draft SPA. Upon review and acceptance by both Parties, future monthly lifts continue in accordance with the agreed upon terms of said SPA.

  • Company Name: Lion Globe Distribution
  • Country: Florida



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