Oil Product Direct of our Supplier

ONLY SERIOUS BUYERS, THAT CAN WORK, UNDER THE PROCEDURES OF THE SUPPLIER.

·         Supply within 7-10 working days after signing the contract and issuing a Conditional MT103”, “Wire Transfer Conditional” or “MT103/23”or MT103/72. (CONDITION: PAYMENT ONCE THE PRODUCT IS LOADED INTO THE VESSEL AND AGAINST DOCUMENTS AT THE LOADING PORT).

• The Supplier has Convention with 13 refineries, is headquartered in London.
•  Work under order and production, with very competitive prices.
• They have all the logistics ready and prepared to respond to buyers effectively.
• All the loads are made in the ports of Vladivostok and Novorossiysk.
• The product can do CIF ASWP, any safe port in the world, with no increase in the price, whatever the port, within of the price CIF, that the Supplier give.
• All the products of the Supplier, are governed by the International Standard Specifications.
•  No problems for the quantities: Minimum quantity are 25,000MT or 255,000bbls.
• We are in direct contact with the Oil Product Manager of the Supplier
• The mentioned procedure is not negotiable, cannot be changed and is no subject for any amendments.

--------------------------------------------------------------------------------------------------------------------

PRODUCTS& PRICE (CIF ASWP &FOB N/V) RUSSIAN ORIGIN

	PRICE
	CIF ASWP		FOB N/V
PRODUCT	NET	GROSS	NET	GROSS
AVIATION KEROSENE	BBL	BBL	BBL	BBL
AVIATION KEROSENE JP54	77	82	75	80
AVIATION KEROSENE JET A1	77	82	75	80
DIESEL GASOIL	MT	MT	MT	MT
DIESEL GASOIL D1	645	655	640	650
DIESEL GASOIL D2 ULSD (TYPE A 0,001%S)	630	640	625	635
GASOIL D2 (TYPE B 0,1% S)	610	620	605	615
DIESEL GASOIL D2 0,01% S (EUROPEAN EN590 10 PPM)	625	635	620	630
DIESEL GASOIL D2 L0.2/62 GOST 305/82 (0,02% S)	620	630	615	625
DIESEL GASOIL D6	410	420	405	415
FUEL OIL	MT	MT	MT	MT
FUEL OIL (NORMAL FOR ELECTRICITY)	450	460	445	455
IFO 180 / 380	380	390	375	385
GAS	MT	MT	MT	MT
LNG	430	440	425	435
LPG	430	440	425	435
GASOLINE	MT	MT	MT	MT
AGO	430	440	425	435
GASOLINE 95 ULSB	660	670	655	665
GASOLINE ALL THE OCTANES	430	440	425	435
MAZUT	MT	MT	MT	MT
MAZUT 100 (75/99)	400	410	395	405
UREA	MT	MT	MT	MT
UREA (Prilled / Granular N46%)	290	300	285	295



• DELIVERY TERM: 12 Months Contract or Spot (with possible R&E).
• QUANTITY  TO  SUPPLY  AND LIFTABLE QUANTITY:  According  to  the buyer capacity and the logistic. Minimum vessels of 25,000MT or 250,000 BBLS.
• PAYMENT:   Revolving  and  Conditional MT103, MT103/23, MT103/72 or Conditional Wire Transfer  (CONDITION: Payment once the product is loaded into the vessel and against documents at the loading port)
• Performance Bond: 2% (NOT FOR SPOTS)
• LOADING PORT: Vladivostok and Novorossiysk
• FOB TERMS: Vladivostok and Novorossiysk
• SPECIFICATIONS PRODUCTS: International Standard Specifications

PROCEDURES (STRICTLY NOT NEGOTIABLES)

1.       Buyer issues ICPO with full contact and bank details. NCNDA/IMPFA filled and signed by buyer.

 

2.       Supplier issues draft CONTRACT AND PROFORMA INVOICE for negotiation. Buyer and seller sign and seal after mutual agreement. (The contract and the invoice signed and sealed are sent to the banks).

3.       Upon de signature of the FINAL CONTRACT AND THE PROFOMA INVOICE with Transaction code reference number, Buyer's Bank issue for each cargo one MT 103 CONDITIONAL, MT 103/23, MT103/72 OR WIRE TRANSFER CONDITIONAL (to check and verify the documents and the product, including the Dip Test Authorization) and REVOLVING. Send via Swift to the supplier’s bank, with copy to supplier’s secure E-mail address.

4.       Upon confirmation of the MT 103 CONDITIONAL, MT 103/23, MT103/72 OR WIRE TRANSFER CONDITIONAL the Supplier Issue immediate the following:

ü  Supplier deposit 2% PB. (NOT FOR SPOTS)

ü  All the documents regarding to the product at following:

a)       The Dip Test Authorization, tank storage, receipt and survey report made by SGS or IASC

b)       Tanker Ullage report at loading port, with time log and Shipmaster report.

c)       Certificate of Origin, countersigned by a local Chamber of Commerce.

d)       Notice of readiness (NOR) lodged by Shipmaster at loading port, countersigned for acceptance by terminal’s representative.

e)       Signed commercial invoice, based on the delivered quantity/quality, showing name of vessel date of completion, loading quantity and state of delivery.

f)        Master sample receipt at loading port.

g)       Any other documents pertaining or related to the current trip, duly by the authorized Buyer’s persons.

h)       Certificate of Insurance Coverage with payment confirmation issued by Insurance Company.

i)         Plus all the documents that may be require by the buyer.

POP Documents

• Copy of license to export issued by the Ministry of Energy.

• Copy of registration with Ministry of Justice -Export Duty Control. 

• Copy of statement of allotment availability of the product by the refinery.

• Copy of the refinery commitment to produce the product.

• Copy contract to transport the Product to the Port.

• Copy of the Port Storage agreement.

• Copy of the charter party agreement(S) to transport the product to the discharge port.

• Assignment of ownership documents.

•   Seller issues SGS Q/Q certification, Tank Storage Receipts and Dip Test etc. 

5.       Once that the buyer have received all the documents have 5 (five) banking days to check and verify the product and all the documents. (Doing the Dip Test) 

6.       Upon the successful the Dip Test Supplier issues the Commercial Invoice to Buyer and once that the Buyer will be agree with all, he will give the order to him bank to release the payment. And the title is transferred to the buyer.

7.       Supplier shall issue the originals of clean Bill of lading within 24 hours upon completion of loading to the Buyer.

8.       After the vessel is completely loaded, the payment will be released before the vessel undocks the port. And the Seller transfer the title of the product to the buyer.

NOTE: Supplier will not provide Partial nor full POP before the buyer send the MT 103 CONDITIONAL, MT 103/23, MT103/72 OR WIRE TRANSFER CONDITIONAL.(CONDITION SINE QUA NUM).

---

REVOLVING & CONDITIONAL MT103, MT103/23 or  MT103/72 (CONDITION: Payment once the product is loaded into the vessel and against documents at the loading port).(VERBIAGE EXAMPLE - FOR BANK):

QUOTE

REVOLVING AND REVOLVING CONDITIONAL MT103 (CONDITION: Payment once the product is loaded into the vessel and against documents at the loading port)– VERBIAGE:

TO:
Bank Name:

S.W.I.F.T.:

Account Number:

Account Holder:

FROM:

Bank Officer:

Phone Number:

Fax Number:

S.W.I.F.T.:

Account Number:

Account Holder:

BY THE ORDER OF:

TRANSACTION CODE:

CONTRACT REFERENCE NUMBER:

BUYER’S CODE:

SELLER’S CODE:

WE, _____________ , HEREBY PRESENT OUR IRREVOCABLE, DIVISIBLE,  ASSIGNABLE, AND CALLABLE CASH BACKED S.W.I.F.T. WIRE TRANSFER CONDITIONAL MT 103 (CONDITION: Payment against documents and product at the loading port) IN YOUR FAVOR FOR THE ACCOUNT OF  (________________) IN THE AMOUNT OF ____________ USD$ FOR THE PURCHASE OF _____________ PRODUCT HEREIN DESCRIBED BY VERIFICATION FOR THE FOLLOWING  DOCUMENTS.

LIST OF THE DOCENTS:

a)       The Dip Test Authorization, tank storage, receipt and survey report made by SGS or IASC

b)       Tanker allege report at loading port, with time log and Shipmaster  report.

c)        Certificate of Origin, countersigned by a local Chamber of Commerce.

d)       Notice of readiness (NOR) lodged by Shipmaster at loading port, countersigned for acceptance by terminal’s representative.

e)       Signed commercial invoice, based on the delivered quantity/quality, showing name of vessel date of completion, loading quantity and state of delivery.

f)        Master sample receipt at loading port.

g)       Any other documents pertaining or related to the current trip, duly by the authorized Buyer’s persons.

h)       Certificate of Insurance Coverage with payment confirmation issued by Insurance Company.

i)         Plus all the documents that may be required by the buyer.

THIS S.W.I.F.T. IS CONDITIONAL UPON CERTIFICATION OF THE ABOVE DOCUMENTS.

WE HEREBY CONFIRM THAT THE FUND IS CLEAN, CLEAR AND NON-CRIMINAL ORIGIN AND FROM A LEGAL SOURCE.

THIS IRREVOCABLE S.W.I.F.T. IS A BINDING FULLY PERFORMED DUE BILL AND IS IMMEDIATELY CALLABLE CASH PAYMENT AGAINST CONDITIONAL THE VERIFY OIL PRODUCT DOCUMENTS OUR ACCEPTANCE FOR THE PURCHASE AND DELIVERY.

INSTRUMENTS:
CURRENCY:   UNITED STATES OF AMERICA DOLLARS

TERM:  OIL PRODUCT _________________________________________

THIS CONDITIONAL, IRREVOCABLE, DIVISIBLE, ASSIGNABLE, AND CALLABLE CONDITIONAL S.W.I.F.T. WIRE TRANSFER IS VALID FOR TEN (10) BANKING DAYS FROM ____ DAY OF ________ 2014 AND UNTIL THE ____ DAY OF _______ 2014 17: 00 HRS CENTRAL EUROPEAN TIME.

THIS IS AN OPERATIVE BANK INSTRUMENT AND IS SUBJECT TO THE UNIFORM COMMERCIAL CODE AS IT RELATES TO BANK CREDIT INSTRUMENTS.

___________________________ ______________________________
BANK OFFICER                                                                                                                                                     BANK OFFICER

NAME                                                                                                                                                                               NAME

TITLE                                                                                                                                                                                  TITLE

With revolving added the formula “the value of this instrument will be re-open every month till the end......... "

UNQUOTE

---

DETAILED EXPLANATIONS OF OUR DIRECT SELLER.: PROCESS AND OF THE INSTRUMENT OF PAYMENT OF THE NEGOTIATIONS

EXPLANATION, OF THE MANAGER SELLER:

EXPLANATION PROCESS

By the present we want to inform you the process to follow in reference to the supply of the requested product and after to be sent the conditional MT103 swift from your bank to our bank. At the moment that our bank confirm to us that the MT is attached to our account, we will starting with the process:

FOR THE FIRST LIFTABLE QUANTITY:

1. In about 2 – 3 banking days after the confirmation of the bank, buyer will receibe the documents of the product and the signed contract legalized and registered in the Russian’s Ministry of Industry and in the Chamber of Commerce, it’s neccesary for the refinery to issues the allocation number and all the documents referrents to the product.

 

2. With the legal documentaion, the product is being sent to the Port’s Tank Farm via Pipeline and the documentation must be sent to the Port Authorities to be verified and to obtain the permisium to do the inspection of the product in the Tank. This is a process that could take about 2 – 3 days more after the receipt of the legalized documents and the buyer will have 5 days to do the Dip Test and to check all the documentation of the product. Once that he’s agree with all (documents and Dip Test Result), he must inform to us to starting the loading of the vessel.

 

Once the product is loaded into the vessel and the buyer has received the Q&Q report and the Bill of Lading, together to all the documents of the product and he is conforms with all, then he gives the order to him bank to release the payment and after the payment is received, the seller gives the title to the buyer and the vessels is sent to the Destination Port.

 

The policicy of the company is to supply one first vessel of 25,000 MT of D2 GOST 305 / GASOIL ULSD – TYPE A – 0,001% SULPHURE/ Mazut / IFO 180 – 380 or 250,000 BBLS of Jp54 for the first liftable quantity. And within the next immediate week, after the first vessel have been lifted, we can start to supply the monthly quantity of the product within the week as per the schedule of supply arranged between buyer and seller. This is important to know if the buyer can perform and to know buyer and seller, each to other.

 

About the kind of vessels that we will use to supply the product, it will be according to the capacity of the buyer to receive the product and the destination port. Let’s inform to you that we are expert in the Oil Industry and that we have affiliated to our group of companies, the Shipments Companies, then we don’t have difficulty in to arrange the appropiate vessel to avoid problems and demurrage expenses in the destination port.

 

Note that the MT103 conditional send to our bank must be DIVISIBLE, because this condition allow the partial payments for vessel.

---

EXPLANATION MT 103 CONDITIONAL

Ref: Legal Report / MT103/23 CONDITIONAL / IN REFERENCE TO THE ISSUANCE OF

THE “MT 103 CONDITIONAL”, “WIRE TRANSFER CONDITIONAL” OR “MT103/23”, MT103/72.

 

Have in mind that the procedure herein described and the referenced documents constitute the normal and usual business process applied worldwide in the trade of hydrocarbons, which we hereby describe as follows:1. Basic Concept: The above mentioned definitions, they all refer to the same financial or bank instruments which in different countries are described under the following descriptions:

 

• WIRE TRANSFER, CONDITIONAL, USA

• MT 103 CONDITIONAL, EUROPE

• MT103/23 IS ONE OF THE MOST USED IN COMMERCE IN CHINA,

• MT103/72 New Format MT103/23, The bar /72"is the ‘conditional factor’, where the text sets forth the “Code” of the type of instrument based on the following principle: to verify that product is loaded with the corresponding product documentation and thereby release of payment

 

2. The bar 23 "/ 23" is the ‘conditional factor’, where the text sets forth the “Code” of the type of instrument based on the following principle: to verify that product is loaded with the corresponding product documentation and thereby release of payment.

 

3. It is VERY IMPORTANT to have in mind that this is a conditional transfer, not a TT: Only the Buyer can release the payment when the condition from the Seller is met, which in this case is:

 

“CONDITION: Payment is released only against documents and product being properly delivered and loaded at the loading port.

 

4. The payment is NEVER released before verification by The Buyer of all product documentation, and that the product loaded on the ship.

 

5. Therefore: The Money is always under the control of The Buyer. The Seller on his part, accepts withholding of the money by Buyer for 10 days, in those 10 days all documentation including DIP TEST and SGS, must be verified by the Buyer who will receive the BILL OF LANDING verifying that

 

(i) the product being delivered meets all the technical specifications of The Buyer;

and

(ii) that the product is loaded on the vessel, and ready to go, free and clear.

 

6. Be advised that, this is the only way to release the payment, that is: that product is verified by The Buyer and title over the product if transferred to The Buyer and that the Vessel leaves the port of destination, free and clear.

 

7. Finally, another point to review that must be clarified to the Buyer, is that The Buyer has the right, and so we recommend, to have a representative at the site of the Loading Port, so that Buyer can complete inspection of the product at his full satisfaction, and verifying that product is loaded into the Vessel, to the effects of verifying that all steps previously described are completed, before releasing the payment, and make sure that this is done under total security and safety.

 

8. In order to formalize what has been explained under point No. 7, be advised that along with the Contract of Sale, at the moment of signature, the Buyer may issue a formal written request on his own letterhead duly sealed, requesting that the Buyer or Buyer’s representative may be at The Loading Port of shipment, so the Seller may manage and issue the appropriate authorization to the Buyer or his representative, to be on the Loading dock, in situ, at the precise moment that product is being delivered and loaded into the Vessel, has been described above in this report, before the payment of the product is released by The Buyer. In this way, with this authorization, it will be possible for The Buyer or his representative to make direct verification with their own eyes, that all conditions of validity of the product and loading process are completed before the release of the payment.

 

9. All aspects of the issuance of the documents for the product and the MT 103 CONDITIONAL(or equivalent document as defined above) must be issued and verified with the person you mentioned tome (Manager Seller) and the release of payment be ordered after or against the product being fully loaded into the ship.

 

10. As a Final Conclusion: the application of this process means that payment is never released and is under complete control of the Buyer until the product is finally released to the full satisfaction of the Buyer (applying formalities of the above described financial documents.

 

“MT103 CONDITIONAL”, or MT103/23" MT103/72, or as it is in USA WIRE TRANSFER CONDITIONAL.

---

Best Regards

Investment Hnos.P & P S.L.

Email Contact:

inversiones.hnos.p.p@gmail.com

henryp59.hp@gmail.com

henryp_59@hotmail.com

---

We are in direct contact with the Oil Product Manager of the Supplier.

 

We are acting as facilitators of the Seller, to potential Buyers: 

a)      As facilitators Seller, we make no SCO, because we are not the owners of the product, we issue informative documents based in the SCO of the End Seller.

b)      As facilitators of trade relations, we entered into the Commission of the Buyer´s side, as facilitators of the Seller. As First Group, Directly to the seller.

Whenever the negotiation is conducted successfully between buyer and seller.

---

Clarification:

We are the facilitator , not the Buyer / nor Seller. Final contract will be signed between the Buyer and the Seller.

We give not guarantees nor to the Buyer, nor to the seller or the transaction between both. All due diligence is the responsibility of the Buyer and of the seller, all the information send between the buyer and the Seller are subject to verification of both to themselves, and under their responsibilities.

The author of this informative document cannot be held responsible for any misdeclaration or unavailability of products by the sellers/ funds or cash by the buyers /or persons that signed the contract. We only try to close the deal at our level best