Russian Pet Coke

PET COKE PROCEDURES

CONTACT SELLERS AGENT

CIF TRANSACTION PROCEDURES:

  1. BUYER ACCEPTS THE SCO AND ISSUES A PURCHASE ORDER (ICPO) WITH THE TERMS OF THE PROCEDURES
  2. SELLER ISSUES A DRAFT SPA FOR REVIEW AND SIGNING
  3. BUYER SIGNS THE SPA TO SELLER
  4. SELLER REGISTERS AND LEGALIZES THE SIGNED SPA
  5. SELLER SENDS THE BELOW PARTIAL POP DOCUMENTS TO BUYER AS LISTED VIA EMAIL

A) COMMITMENT TO SUPPLY
B) STATEMENT OF AVAILABILITY OF THE PRODUCT
C) EXPORT LICENSE

  1. BUYER MAKES A SECURITY GUARANTEE DEPOSIT PAYMENT OF USD$35,000.00 WHICH WILL BE SUBTRACTED FROM THE TOTAL FINAL PAYMENT OF PRODUCT, TO OBTAIN DECLARATION OF OWNERSHIP OF THE PRODUCT DULY AUTHORIZED BY THE MINISTRY OF ENERGY
  2. BUYER ISSUES THEIR FINANCIAL GUARANTEE DLC MT 700 /SBLC/BG TO COVER FIRST SHIPMENT TO SELLER’S FIDUCIARY BANK OUTSIDE RUSSIA WITHIN 7-10 WORKING DAYS OR
    ALTERNATIVELY SHALL MAKE PAYMENT OF 5% OF TOTAL VALUE OF FIRST SHIPMENT VIA TT WIRE TO SELLER FIDUCIARY BANK ACCOUNT AS PERFORMANCE TO SECURE THE CERTIFICATE OF OWNERSHIP AND THIS WILL ALSO BE DEDUCTED FROM THE TOTAL FINAL PAYMENT OF PRODUCT.
  3. UPON CONFIRMATION OF BUYERS DLC MT 700 /SBLC/BG, SELLER WILL ISSUE 2% PB, FULL POP AND SHIPPING DOCUMENTS VIA SWIFT BANK TO BANK AS SHOW BELOW:

A) PRODUCT ALLOCATION EXPORT PERMIT
B) PORT STORAGE AGREEMENT
C) CHARTER PARTY AGREEMENT TO TRANSPORT THE PRODUCT TO DISCHARGE PORT
D) TANK STORAGE RECEIPT
E) SGS QUALITIES AND QUANTITIES CERTIFICATE
F) BILL OF LOADING
G) VESSEL QUESTIONNAIRE 88

  1. SHIPMENT COMMENCES AND UPON ARRIVAL OF THE VESSEL TANKER AT THE DISCHARGE PORT, BUYER CONDUCTS SGS/EXOLUM INSPECTION AND MAKES OPERATIVE DLC OR MAKES PAYMENT FOR THE REMAINING PERCENT OF SHIPMENT VIA TT WIRE OR MT103.
    10.SELLER WILL PAY THE COMMISSION INCLUDED IN THE NCNDA/IMFPA.

And we give to 50,000 MT immediately

CONTACT SELLERS AGENT