Diesel
QEYTARAN TRADING LLC
Ref: Max – Ex
En590-10 PPM ROTTERDAM – HOUSTON – FUJAIRAH
SOFT CORPORATE OFFER (SCO)
To: Buyer
Dear Sir, Madam,
We, Maxwell CTSE, a company incorporated in The Netherlands, confirm that we are ready, willing and able to supply the following commodities in terms and conditions below:
Commodity 1:
|
Product Name: |
EN590 10PPM |
|
Product Quality |
Kazakhstan, European Union (Denmark), Norway, Sweden Specification to be provided by the Seller |
|
Product Quantity |
100,000 MT (trial) Extensive until 300,000 MT x 12 months |
|
Duration |
Trial + 12 months on successful trial |
|
Price |
NWE Platt (Platt Code No: AAWZD00) Minus US$70.00 Per |
|
Term of Payment |
By MT103/TT for the First Lift & Standby Letter of |
Commodity 2:
|
Product Name: |
JET A1 KEROSENE |
|
Product Quality |
Kazakhstan, European Union (Denmark), Norway, Sweden Specification to be provided by the Seller |
|
Product Quantity |
2,000,000 BBL (trial) Extensive until 5,000,000 BBL x 12 months |
|
Duration |
Trial + 12 months on successful trial |
|
Price |
NWE Platt (Platt Code No: PJAAV00) Minus US$6.00 Per BBL |
|
Term of Payment |
By MT103/TT for the First Lift & Standby Letter of Credit/MT760, or Documentary |
Terms Commodity 1 & 2:
FOB PROCEDURES: (TANK TO TANK)
1) Buyer issues ICPO containing the seller’s working procedure and banking details along with buyer’s nominated TSA, company registration certificate.
2) Seller issues a commercial invoice of the product in tanks at the port, buyer signs and returns commercial invoice along with an acceptance letter.
3) Seller issues appointment letter for seller representative to present a fresh SGS Report of less than 24 hours to Buyers and buyers’ logistics for proper verification at the buyer’s Tank. Terminal buyers’ issue TSR on seller Name to enable immediate injection upon successful SGS verification seller inspect buyer’s Tank for injections.
4 (Upon confirmation of successful verification of the SGS Report by the Buyer company and buyers Tank Farm Company, the Seller issue:
a. INJECTION PERMISSION AGREEMENT signed by buyers and buyers
Tank Farm:
b. Authorization to sell and collect.
c. commitment to supply
d. Statement of availabilities of product
5) Upon confirmation of the signed INJECTION PERMISSION AGREEMENT seller Issue to buyers:
a. A Fresh SGS report of less than 24 hours on buyer’s company name
b. Q&Q Report. And Injection Report.
c. Authorization to verify physically the product in the sellers’ tank (ATV)
d. Tank Storage receipt TSR
6) The buyer conducts a Dip test on the product in the seller Tank and makes the payment for the total value of the product via MT103-TT to enable the injection process into their Nominated tanks.
7) Seller pays all intermediaries involved in the transaction and subsequently monthly shipments continue as per terms and conditions of the sales and purchase agreement contract between buyer and seller.
The buyer should send ICPO and CIS with the name : Maxwell CTSE – www.maxwelltanks.com – +31-649289174 -and email to: Ahmad@maxwelltanks.com
