PURCHASE OFFER – Jet A1, EN590 (10 ppm), Virgin Fuel Oil D6
1. Scope of Purchase
Active interest in purchasing refined petroleum products, both on a spot basis and under long-term contracts (12–60 months). The products include:
- Jet A1 Aviation Fuel
- EN590 Diesel (10 ppm)
- Virgin Fuel Oil D6
Purchases are made under internationally accepted procedures, with flexible volume ranges depending on the supplier and agreement terms.
2. Requested Quantities & Delivery Terms
| Product | Spot Volume (Dip & Pay) | Contract Volume (12–60 months) | Delivery Method | Inspection Requirement |
|---|---|---|---|---|
| Jet A1 | 2,000,000 barrels | 5,000,000 barrels | FOB Rotterdam or Houston | SGS only |
| EN590 (10 ppm) | 200,000 metric tons | 500,000 metric tons | FOB Rotterdam or Houston | SGS only |
| Fuel Oil D6 | 200,000,000 gallons | 500,000,000 gallons | FOB Rotterdam or Houston | SGS, Intertek, Saybolt, Bureau Veritas |
- Origin: International, non-sanctioned (non-Russian) countries only
- Quality: Export grade
- Pricing: Fixed or Platts-based formula
3. Payment Terms & Financial Instruments
- Spot Deliveries:Payment via MT103/Telegraphic Transfer after verification of POP documents, including fresh SGS (<48h) or Buyer’s own dip test (at Buyer’s discretion)
- Contract Phase:Additional SBLC/DLC instruments required following successful performance of the trial transaction
- All payments are made through standard international banking channels. Full documentation required for verification and compliance.
4. Standard FOB Procedure (Tank-to-Tank / Tank-to-Vessel)
- ICPO is issued with full company documentation, tank storage/CPA agreement
- Seller provides CI; buyer signs and returns
- Seller delivers full Proof of Product (POP), including:
- Tank Storage Receipt (TSR) with GPS
- SGS (<48h), Authorizations (ATSC, UDTA, ATV), Certificate of Origin, Injection Report
- Buyer verifies POP and issues Proof of Funds (POF)
- Buyer conducts dip test at own expense
- Upon successful test, payment is made within 24h via MT103 or TT
- Ownership is transferred and product is injected into buyer’s tank or vessel
- Seller issues a long-term Supply Agreement (SPA) with Roll & Extension (R&E) clause
Required Documentation
ICPO, Commercial Invoice (CI), Proof of Product (POP), SGS certification, Proof of Funds (POF), and other standard international trade documents