Diesel Fuel

Product Description

We at Ovolv3 Group have Diesel Fuel availble for distribution. Product details and procedures are listed below. Please send offers along with your company profile. Offers should be from direct buyer or buyer's mandate. 

Buyer sends LOI, RWA, CP we then do conference call with Seller and Buyer. SELLER then sends buyer Ci and then SPA.

1) Commodity: D6 Fuel oil 
2) Price: Correlates with NWE Platts Pricing
3) Quantity: As Required by buyer
4) Payment terms: II wire transfer
5) Inspection: SGS

PROCEDURES:

1. Buyer issues ICPO to Seller with full banking details, Copy of Company
Certificate (English Version of), Company profile including office and
Mobile tel. numbers.

2. Seller issues Draft Contract and (CI) Commercial Invoice to Buyer

3. Buyer sign and return Draft Contract and (CI) Commercial Invoice to
Seller

4. Buyer/Seller facilitators sign NCND/IMFPA directly with Seller and
Buyer; facilitators notarize and legalize NCND/IMPFA via Russian
Ministry of Energy signed and endorsed for the protection to all
intermediaries and all involved in the transaction.

5. Seller and Buyers facilitators lodge NCND/IMFPA with their respective
banks

6. Seller issues original version of (POP) PROOF OF PRODUCT
     documents to buyer as shown below:
   6. 1.Copy of Product Passport Certificate Legalized and Approved
     Russian Ministry of Energy.
   6.2. Company registration certificate.
   6.3. Copy of Commitment to Supply Notarized and Legalized by National
      Petroleum Production and Export Department of the Ministry of Energy of
      the Russian Federation.
   6.4. Copy of Product availability in storage reservoir
   6.5. SGS/Dip-Test Passport Certificate Legalized and Approved by the
     Russian Ministry of Energy

6.6. Allocation Booking Certificate issued by the department Ministry of
Energy

7. Seller and Buyer negotiate on shipping schedule and payment
instrument.

8. Seller transport/ inject the product into the hired tank and furnish the
buyer with the FRESH TSR, FRESH SGS, INJECTION REPORT and
DTA to conduct the dip test after confirming readiness to lift.

9. Buyer conduct dip test of the product and upon successful dip test,
Buyer make payment by MT**3 or T/T wire transfer for the total product
available.

*0. Seller transfers the Title and Right of Allocation Ownership to Buyer
and all other export/shipping documents.

*1. Seller/buyer pays commission to all intermediaries and facilitators involved
in the transaction within ****8 hours after Seller received payment as per
signed and endorsed IMFPA