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FOB Rotterdam & Houston Ports RUSSIAN JET FUEL (JP54/JPA1) Minimum Quantity: Buyer request not less than 1,000,000 BBL Maximum Quantity: 5,000,000 BBL Monthly Price FOB: Gross $... USD/NET $... USD COMMISSION: $1.50 SELLER SIDE CLOSED / $1.50 BUYER SIDE OPEN SUPPLIER: PJSC LUKOIL Payment Terms Bank Transfer MT103 Inspection: SGS. *** Non-Negotiable *** FOB Terms: 1. Buyer provides ICPO to seller along with tank storage agreement (TSA). 2. Seller releases Commercial Invoice (CI), to be filled and completed by the Buyer. 3. Buyer signs and returns Commercial Invoice (CI) to seller and provides TSR (one day) to the Russian Ministry of Energy Accreditation Department along with a scanned copy / NCNDA / IMFPA signed by all buyers group with commission structures which was notarized by the Notary Public in Russia as well as Endorsed by the MINENERGO. 4. Seller releases Full POP documentation authorized from the Federal Ministry of Energy including 1) fresh SGS report less than 48 hours, 2) ATSC Authorization to sell and collect 3) ATV authorization to verify, 4) Tank Fact Sheet 5) an Unconditional DTA for buyers optional Dip test if needed. 5. Buyer verifies the full Proof of Product (POP) documentation. 6. Buyer pays after completion of injection for the total value of product injected into the tanks through the means of SWIFT MT103 / TT / SBLC / DLC, the title ownership will be immediately transferred to the buyer. 7. Seller pays commission to all the intermediaries involved in the transaction immediately after confirmation of the Buyers payment in accordance of the signed and sealed NCNDA / IMFPA which was notarized by the Notary Public in Russia as well as Endorsed by the sellers Bank.