Soft Corporate Offer | Petroleum Products (Sellers) | NCNDA.org 

Soft Corporate Offer



Petroleum Products (Sellers) Published date: February 15, 2020



The list of Russian petroleum products available are: D2, D6, JP54, JET-A1, UREA, M100, LNG, PETCOKE, BITUMEN, LPG, EN590 and ESPO. Our preferences are FOB Rotterdam/Houston or Novo but we accept CIF for certain destinations.

SELLER FOB WORKING PROCEDURE
1. Seller validates this offer consignment existing with SGS report.
2. Both parties sign MoU, commercial invoice.
3. Buyer confirms his credibility with reference letter from his/her bank or any
storage facility management company or any oil & gas major.
4. Seller validates consignment with less than 24-hours old SGS/SYABOLT Q&Q report
onboard vessel or onshore tank, Master Invoice, Certificate of Origin; Authorization
to Sell & Collect (ATSC), Certificate of authenticity and product MSDS.
5. Buyer verifies SGS/SAYBOLT Q&Q report & product certification.
6. Buyer has a choice to procure/change assignment of consignment rights, certificate
of deposit or title of ownership plus SGS/SAYBORT in his/her company name or continue
processing procurement base on Seller’s SGS/SAYBOLT Q&Q report & product
certification.
7. Buyer will have 10 days from date of Master invoice to lease or extend tank farm
for 06 days in port terminal for immediate consignment injection or inject his/her
vessel or take over vessel charter party & re-schedule seller’s vessel enroute to
his/her final designation port.
8. Buyer pays or guarantees 100% of master invoice of quantity of commodity on
onshore Tank/ Vessel as confirmed by the SGS/surveyor report, via swift transfer TT/MT103-72.
9. Seller issues assignment of consignment rights, certificate of deposit or title of ownership.
10. Buyer’s bank credit full payment of the consignment.
11.Seller pays commission to all intermediaries involved within 24 hours after
confirmation of Buyers payment.
12.Both Party shall sign sales and purchase contract for extension of trade
partnership.

CIF APPROVED STANDARD BANKING WORKING PROCEDURE

1. Buyer issues ICPO
2. Seller issues draft contract with Commercial Invoice, buyer signs and return
3. Seller issues to the buyer the following PPOP;
A. Commitment to supply.
B. Statement of Availability to Supply.
C. Passport of Product.
D. Q88.
E. Loading report Certificate.
F. Vessel Details.

4. within 48 Hours buyer issues DLC covering the total shipment value. Seller sends
Notarized & endorsed NCNDA/IMFPA by Seller
5. Shipment commences to buyer destination port, and upon arrival of the goods at
buyer's destination port, the buyer releases the payment via MT103. Against CIQ
Inspection report. Seller pays commissions to all intermediaries as per IMFPA/NCNDA
within 24 hours after receiving payment from buyer.

Products from the Russian Federation terms and conditions.

PRICE LIST CATALOG

*RUSSIAN MAZUT M100. Quantity: Minimum 50,000 MT Trial Shipment.
Maximum: 200,000 MT Monthly CIF: $230. USD Gross /
$220 USD Net per Metric Tons FOB: $210 USD Gross/ $200 USD Net Metric Tons COMMISSION: $5 Buyer side and $5 Seller Side

*EN590 USLD 50 PPM
Quantity: Minimum 50,000 MT Trial Shipment / Maximum 500,000 MT Monthly
CIF: $270 Gross / $260 Net per Metric Tons FOB: $250 Gross /
$240 Net per Metric Tons

*VIRGIN D6 FUEL OIL
Quantity: Minimum: 1,000,000 Gallons Trial Shipment/ Maximum 2,000,000 Gallons Monthly CIF Price: $0.81 Gross/ $0.78 Net
FOB Price: $0.76 Gross/ $0.73 Net
Commission: : US$0.04 Per Gallon for both buyer and seller mandate.

*AVAIATION KEROSENE COLONIAL GRADE 54 JET FUEL Quantity: Minimum: 1,000,000 BBLS Trial Shipment / Maximum: 5,000,000 BBLS Monthly FOB: ROTTERDAM or PRIMORSK PORT CIF
CIF Price: $56 Gross/ $53 Net
FOB Price: $53 GROSS / $50 NET per Barrel
Commission: US$3 Per Barrel for both buyer and seller mandate


*RUSSIA D2 GAS OIL GOST 305-82 Quantity: 50,000-100,000 Metric Tons CIF Price: Gross US $230 /
NET US$ 220 per Metric Ton FOB: Gross US $210
Net US $200 Net Metric Ton Commission: $5 / $5 per Metric Tons

*RUSSIAN JET A1
Quantity: Minimum: 1,000,000 BBLS Trial Shipment/ Maximum 3,000,000 BBLS Monthly CIF Price: $55 Gross/ $52 Net
FOB Price: $52 Gross/ $49 Net
Commission: US$3 Per Barrel for both buyer and seller mandate




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