JET A1 - FOB -Rotterdam

Below is detailed procedure for Rotterdam JET A1 fuel 1. Buyer issues ICPO according to Seller's Transaction Procedures with their banking details. 2. Seller issue commercial invoice of the product in tanks at the port; Buyer signs and return back the commercial invoice to the Seller along with MT199 3. Seller issue to buyer POP listed below and any more documents that the buyer need to verify the product: a. GPS coordinate-tank storage receipt (valid for 72 hours on weekdays) (TSR) with scanned barcode. b. Unconditional Dip Test Authorization Letter (DTA) c. Authorization to Sell and Collect d. SGS Report (Less Than 48 Hours old from Rotterdam branch) e. Authorization to verify the product for physical verification (ATV) f. Fuel injection Report at Rotterdam. 4. Buyer inspected by SGS on Buyer's expenses. (lf buyer choose to inspect again). *In case Buyer is satisfied with the above POP, buyer have the opportunity to make payment by MT103 and after successful title transfer buyer will provide logistics ( TSR, ATV & ATI ) to move the product. 5. Upon successful verification of the full POP documents, Buyer orders SGS Intertek or its equivalent team to conduct a dip test on the product in the Seller's tank at Buyer's expense. 6. Following the completion of the dip test, Buyer provides his storage receipt ( TSR, ATV & ATI ) to Seller, injection commences into Buyer's leased storage tanks and upon completion Of full injection, Seller issues to the Buyer with full injection report. 7. Buyer makes 100% payment by MT 103 TT wire transfer for the total product value and the Seller transfers the title to the Buyer along with all documentations. The Seller pays commission to all intermediaries involved in the transaction within 24 hours upon confirmation of Buyer' s payment. 8. Seller issues draft sales purchase agreement (SPA) to the Buyer for review for R&E monthly deliveries. 9. Buyer reviews and approves the SPA and issues SBLC/IRDLC irrevocable, non-transferable auto revolving for 12 monthly shipment value and documentary letter of credit for length of the contract and for each lift per schedule. Buyer pays after dip test by MT103 wire transfer on each monthly quantity. 10. The subsequent delivery shall commence according to the terms and conditions of the contract. Product origin- KAZAKHSTAN Where the product available now STORAGE TANKS IN ROTTERDAM AND HOUSTON Any recent SGS SEE PROCEDURE Which country of origin documents KAZAKHSATAN