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russian d2 diesel
RUSSIAN D2 SCO

TO: M/S END BUYER / LEGAL MANDATE
COMMODITY: RUSSIAN (D2) GOST (305‐82) (FLASH POINT 57‐62%)
ORIGIN: RUSSIAN
TOTAL QTY: 6,000,000 MT /YEAR
MONTHLY QTY: 500,000 MT
PRICE: USD $845/835
DESTINATION: FOB ROTTERDAM FROM EXIST TANK
LIFTABLE: 300KMT 500K MTS AS FIRST SHIPMENT FOB ROTTERDAM EXISTING TANK.
PACKING: BULK
PAYMENT: MT103
INSPECTION: SGS OR EQUIVALENT SURVEY COMPANY PAID BY SELLER

PROCEDURES: BUYER & GROUP MUST SIGN NCND- MFPA.


(1) Buyer issues ICPO with full banking information. (Must state buyer readiness to issue
Mt 799 within 3-4 days of issuance)
(2) Seller presents the Full Corporate Offer (FCO) according to requisition of buyer.
(3) Buyer signs and stamps FCO and Seller issues contract.
(4) Buyer returns end contract to Seller by courier/email.
(5) Buyer Bank presents SWIFT MT799 Proof of fund of one month’s value within 3-4
WORKING DAYS of signed final contract (non-blocked) (Top 50 international bank)
(7) Seller sends Full POP by SWIFT MT799 within 4-5 days.
(i) SGS reports. (Max 72 hours)
(ii) Tank receipts and allocation Number.
(iii) Copy of License to Export, issue by department of the ministry of energy.
(iv) Copy of approval to export, issue by department of ministry of justice.
(v) Copy of statement of availability of product.
(vi) Copy of the refinery commitment to produce the product.
(vii) Copy of TRANSNEFT contract to transport the product to the port.
(viii) Copy of the port storage agreement.
(ix) Copy of the charter party agreement(s) to transport the product to discharge port.
(8) Buyer must provide Charter party agreement(s) to Seller within 12-hour upon
receiving POP.
(9) Buyer Bank issues RDLC (Transferable) (60 Days) to Seller Bank based on 500,000
MT as back up for Mt 103
(10) Payment is by Mt 103 per 500,000 MT shipment (partial shipments).
(11) Delivery commences as per schedule.
CONDITIONS
1- WE DO NOT ISSUE ANY UPFRONT DOCUMENTS SUCH AS PAST PERFORMANCE – PARTIAL POP
2-WE DO NOT ISSUE PB UPFRONT
3-WE DO NOT ACCEPT BCL, OR ENDROSED ICPO ONLY OUR PROCEDURES