Russian Petroleums FOB Russia and Rotterdam (VGN-F001)

(Offer Code: VGN-F001)

Russian Petroleums FOB Russia And Rotterdam

Grade: Russian Export Grade

Origin: Russian Federation

Incoterms: FOB Russia and Rotterdam

Loading Port: Novorossiysk / Primorsk / Vladivostok / Rotterdam

Payment Term: MT103

Inspection: By SGS

PRODUCT LIST AND PRICE

DIESEL GAS D2 OIL GOST305-82
Minimum Quantity: 10,000 Metric Tons per Month
Maximum Quantity: 500,000 Metric Tons per Month
FOB Price: Gross USD 290.00 per MT/ Net USD 280.00 per MT

MAZUT M100 GOST -10585/75/99
Minimum Quantity: 10,000 Metric Tons per Month
Maximum Quantity: 500,000 Metric Tons per Month
FOB Price: Gross USD 260.00 per MT / Net USD 250.00 per MT

AVIATION KEROSENE COLONIAL GRADE 54 JET FUEL
Minimum Quantity: 500,000 Barrels per Month
Maximum Quantity: 5,000,000 Barrels per Month
FOB Price: Gross USD 42.00 per BBL / Net USD 40.00 per BBL

VIRGIN FUEL OIL D6
Minimum Quantity: 400,000,000 Gallons per Month
Maximum Quantity: 800,000,000 Gallons per Month
FOB Price: Gross USD 0.77 per Gallon / Net USD 0.75 per Gallon

JET A1 FUEL
Minimum Quantity: 500,000 Barrels per Month
Maximum Quantity: 5,000,000 Barrels per Month
FOB Price: Gross USD 46.00 per BBL / Net USD 42.00 per BBL

DIESEL OIL EN590 ULSD 10 PPM
Minimum Quantity: 50,000 Metric Tons per Month
Maximum Quantity: 500,000 Metric Tons per Month
FOB Price: Gross USD 310.00 per MT / Net USD 300.00 per MT

RUSSIA EXPORT BLEND CRUDE GOST 51 858 -2002 / GOST 9965-76
Minimum Quantity: 500,000 Barrels per Month
Maximum Quantity: 3,000,000 Barrels per Month
FOB Price: Gross USD 44.00 per BBL / Net USD 42.00 per BBL

LIQUIDIFIED PETROLEUM GAS. GOST 20448-90
Minimum Quantity: 100,000 Metric Tons per Month
Maximum Quantity: 400,000 Metric Tons per Month
FOB Price: Gross USD 260.00 per MT / Net USD 250.00 per MT

LIQUEFIED NATURAL GAS (LNG)
Minimum Quantity: 100,000 Metric Tons Per Month
Maximum Quantity: 400,000 Metric Tons Per Month
FOB Price: Gross USD 270.00 per MT / Net USD 260.00 per MT

FUEL OIL CST-180
Minimum Quantity: 10,000 Metric Tons per Month
Maximum Quantity: 500,000 Metric Tons per Month
FOB Price: Gross USD 270.00 per MT/ Net USD 260.00 per MT

DIESEL GAS OIL ULTRA ‐ LOW SULPHUR DIESEL
Minimum Quantity: 100,000 Metric Tons
Maximum Quantity: 300,000 Metric Tons
FOB Price: Gross USD 335.00 per MT / Net USD 325.00 per MT

NON NEGOTIABLE FOB RUSSIA / ROTTERDAM PROCEDURE (OPTION 1)

1.    Buyer submits ICPO and Company registration certificate.

2.    Seller releases Commercial Invoice within 48 hours.

3.    Buyer signs the CI and returns for Seller to Notarize and legalize with the Ministry of Energy.

 

4.    Seller releases the following PPOP Documents to the Buyer.

a)   Dip Test Authorization (DTA)

b)   Fuel Injection Report

c)   Authorization to Sell and Collect (ATSC)

d)   Commitment and Guarantee Assurance Letter to supply

e)   Tank Storage Agreement (TSA)

f)     Tank storage receipt with GPS Coordinate

g)   Authority to verify (ATV)

 

5.    Buyer contacts seller’s tank and requests for TTO Agreement to enable buyer takes over Seller’s Tank.

 

6.    Buyer extends Seller’s tank for 3 days and obtain new TSR in Buyer’s name to enable Buyer contacts SGS for Dip Test in seller’s tank.

 

7.    This dip test by the Buyer should be done within 48 hours of receiving TSR. After a Successful Dip Test Buyer makes 100% product payment via swift MT 103 and lifts Product.

 

8.    Seller issues buyer CHANGE OF OWNERSHIP CERTIFICATE and PRODUCT ALLOCATION CERTIFICATE. All intermediaries is paid within 48 hours and Seller and Buyer consider and sign contract.

NON NEGOTIABLE FOB RUSSIA / ROTTERDAM PROCEDURE (OPTION 2) 

1.    Seller's representative issues SCO and Buyer sends ICPO, CP and Tank Storage Agreement (TSA) as proof of storage availability.

 

2.    Seller verifies TSA and issues Commercial Invoice for the available quantity. Buyer signs and returns the CI within 48 hours.

 

3.    Seller issues to Buyer the transaction documents:

a)   Product Origin Certificate

b)   Statement of Availability of Product

c)   Commitment to Supply

d)   Authorization to verify via call or emails only

 

4.    After receipt of the certified copy of the transaction documents, buyer provides the seller with ATV, which must be previously approved by its Tank Storage company.

 

5.    Upon receipt of the ATV and after successful inspection of buyer’s tank facilities by the technical team, seller issues the full POP documents below:

a)   Fresh SGS Report

b)   Seven (7) days Unconditional DTA

c)   Loading Port Injection Report

d)   Authorization to Sell and Collect (ATSC)

 

6.    Upon complete verification of the POP documents, Buyer orders SGS to Conduct Dip Test of the product in Seller’s Tanks at buyer’s expense.

 

7.    Following the completion of the Dip Test with results consistent to the specifications on the CI, Buyer provides their TSR and ATI and Seller injects fuel into Buyer's leased storage tanks. Seller submits the full Injection report to the Buyer.

 

8.    Buyer makes 100% payment by MT 103 TT wire transfer for the total product and Seller pays commission to all Intermediaries involved in the transaction within 24 hours after confirmation of the Buyer’s payment.

 

9.    Seller issues draft SPA to Buyer to review for Roll & Extension monthly deliveries.

 

10. The subsequent delivery shall commence according to the terms and conditions of the contract, and intermediaries will receive their commissions according to monthly deliveries.

NOTE:

·     Procedures are non-negotiable

·     Prices are subject to change without prior notice

For inquiry, please contact us for further proceed.

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