SOFT CORPORATE OFFER (SCO)
NON-SOLICITATION - INFORMATION PURPOSES ONLY
We, XXXXXXXXXXXXXXXXXXXXXXXX (www.XXXXXXXXXXXXXXXXXXXXXX) and XXX VENTURES LLC,
represented by Mr. Robert xxxxxxxxxxxx, CEO/Managing Director of an active company in California and in good standing, who hereby confirm with full legal responsibility that we are a corporate seller group of companies with high volume allocation from various refineries to supply fuel products to the qualified buyers. We as the seller group are allocation and title holders of the fuel products that we offer.
Product: EN 590 10 PPM
Origin: NON-SANCTIONED COUNTRIES
Duration: one year renewable up to three years
Price: Platts S&P Global Minus 30 USD/MT, FOB Rotterdam
Trial Quantity: 200,000MT with 200,000MT or more for rolls and extensions
FOB TRANSACTION PROCEDURE TANK TO TANK -ROTTERDAM
1. Buyer issues ICPO with CIS and tank ATV to the Seller. The seller proceeds with the verification of the buyer tank farm. Upon verification the buyer should be ready with RWA through bank-to- bank MT199 POF upon request by the seller plus provide the QR code of the buyer tank farm.
2. Seller issues a Commercial Invoice to the Buyer’s company with the seller's acceptable terms and procedure of transaction. The Seller receives the signed Commercial Invoice from the buyer and the Seller proceeds with the following proof of product documents.
3. Seller issues the following POPs under the seller’s name:
(a) Product Certificate of Origin
(b) Product injection report at shore tank
(c) Tank storage receipt (TSR) with full GPS coordinates
(d) Unconditional dip test authorization letter (UDTA).
(e) Authorization for physical verification of product at Seller's tank (ATV).
(f) Authorization to sell and collect (ATSC)
(g) SGS analysis report (Less than 72-hours)
4. Upon Buyer's successful SGS Q&Q/DIP TEST (optional) results consistent with the product specification the Buyer pays via MT 103 TT for the fuel in six hours.
After the payment is accepted by the Seller's bank, the seller proceeds with the injection into
the buyer’s thanks per the injection agreement. The Seller transfers the title ownership of the
product to the Buyer.
5. Seller pays commission.
6. After the first positive order, the Buyer issues SBLC by International Prime Bank to the Seller’s
bank for the value of around USD_________, for monthly delivery for the year, to renew every
month for up to 3 years.
Note:
1. The Platt price (S&P Global) will be locked on the day the commercial invoice is issued.
2. If the buyer provides the QR code of their premium tank farm with an advance
authorization letter headed to the seller to Inject the product into the buyer’s VOPAK tank
or any Premium tank farm in Rotterdam (subject to successful Q & Q in seller’s tank), this
will expedite the process of completing the transaction
3. POF MT199 from the same company name as the ICPO issuer.
We look forward to hearing from you.
Sincerely,
We only do TTT and no TTV
• CIS from the buyer with ATV to verify their tank farm (premium Tank farm only)
• After verification we issue commercial invoice after receiving ICPC From the buyer
• Buyers shows RWA POF via MT 199
• We give full POPs including physical verification on the fuel in Our tanks
• Buyer does his own SGS Q & Q in our tanks and upon success pays for the fuel via MT 103
• We then inject into fuel into buyer tanks based on the injection agreement and transfer title to the buyer
For information contact Jack Elmann. Direct +1 917 251 3834
Or Email: Jack.elmann@gmail.com