offer LNG origin Kazakhstan
Category: Petroleum
LIQUEFIED NATURAL GAS (LNG)
Origin : Kazakhstan
Intercoms : CIF, FOB
Trial Quantity: 50,000 Metric Tons
Monthly Qty: 100K - 200K MT
Price: $340 GROSS $330 NET PER MT
Commission: Seller $5 / Buyer $5
Destination Port any safe sea ports
FOB TTV/TTT at Jurong port, Houston port, and Rotterdam.
CIF any safe ports..
Price: Pls ask
CIF Procedure DLC, SBLC
1. Buyer issues ICPO and acceptance letter with sellers delivery procedures on buyer company letterhead along with buyer banking information & company registration certificate.
2. Seller issues sales purchase agreement to buyer
3a. Buyer signs and returns the SPA to seller with guarantee of compliance, seller issues partial proof of products to buyer:
(a) export license.
(b) certificate of origin.
(c) irrevocable commitment to supply.
(d) proforma invoice for the first value month.
(e) statement of availability of product.
3b. Within 7 banking days, buyers bank sends transferable irrevocable operative sblc via MT760 or dlc via MT700 according to sellers fiduciary bank verbiage to sellers nominated fiduciary bank account for first month shipment, should buyer fail to issue payment instrument within the 7 banking days,the buyer must make cash deposit of 3% the total quantity of the first trial shipment by MT103 tt wire transfer, for security guarantee to enable seller secure a charter vessel and commence shipment. This payment will be deducted from the total cost of product after inspection at discharge port, seller’s bank issues full POP documents to the buyers bank Alongside with the 2% performance bond (PB) and ttm will be held in buyers designated safe location upon arrival of cargo at buyer’s discharge port.
(A) NOR/ETA
(b) bill of lading.
(c) official export license.
(d) vessel questionnaire 88.
(e) port storage agreement
(f) SGS report at loading port.
(g) certificate of ownership transfer.
(h) dip test authorization (DTA) & ATB.
(I) charter party agreement to transport the product to discharge port.
(j) copy of transnet signed contract to transport the product to the loading port.
(k) allocation transaction passport code certificate (ATPCC) by ministry of energy.
4. Shipment commences only upon confirmation of buyers payment of security guarantee and the shipment should arrive at buyers discharge port within 5-25 days. The sgs inspection will be borne by the seller at the loading seaport and buyer at the unloading seaport.
5. Buyer releases payment to seller by TT/MT103 upon receipt of the shipping documents and confirmation of the q&q by sgs/ciq at destination port.
6. Seller pays commission within 48 hours by swift MT103 to all intermediaries assigned NCNDA/IMPFA
7. Seller/buyer proceeds on yearly basis as per signed draft contract.
Fob contract procedures (TTVIA)
1. Buyer sends ICPO with acceptance letter, company registration Certificate along with buyers tank storage agreement (TSA) from their Tank farm as proof of storage availability and readiness.
2. Seller issues commercial invoice for the available quantity in the Storage tanks to buyer along with ttvia
3. Upon buyer tank farm signed the tank-to-vessel injection agreement (TTVIA) and seller will provide to the buyer with the other ppop across the Table in buyers designated tank farm office in netherlands and is Exchanged with buyers TTVIA document along with the following ppop Documents:
A. Fresh 48hr SGS in buyer name.
B. Letter of guarantee.
C. Product passport.
D. Injection report.
E. Unconditional DTA.
F. Statement of product availability.
4. Seller issues complete dta and 5 days valid tank storage receipt to Buyer, buyer order sgs to conduct dip test of the product in the sellers Tank on buyer expenses and submit the injection report to the buyer.
5. Upon successful dip test, seller injects the fuel into the buyers leased Storage tank and seller submits the full injection report to the buyer.
6. Buyers make 100% payment by MT103 tt wire transfer for the total Product to seller bank account & and reseller pays commission to all Intermediaries involved in the transaction within 24 hours after Confirmation of the buyers payment.
7. Seller issues draft spa to buyer to review for r&e monthly deliveries.
8. Buyer review and approves the spa and issues sblc/irdlc irrevocable, Non-transferable, auto revolving for 12 months shipment Value,documentary letter of credit for length of contract and for each Lift per schedule, buyer pays after dip test by MT103 wire transfer one for Each monthly quantity.
9. The subsequent delivery shall commence according to the terms and Conditions of the contract.
10. Seller pays commissions to all intermediaries as per IMFPA/NCNDA 24 Hours after confirmation of payment from the buyer.
#Petroleum#CIF#Kazakhstan#Any Ports