Diesel fuel EN590 10ppm (Discount from Platts -10%)

We are Direct Sellers of EN590 10ppm

FOB Transaction Procedure – EN590 10 PPM (Fujairah – VTT)

1. Buyer Issues CIS, Seller Issues SCO
2. Buyer issues ICPO with all relevant details such as Trade license,
passport copy and Bank details.
3. Buyer shares the Terminal manager name and email for the seller to
verify the Buyer's Active account with Tier 1 Tank.
4. Buyer Demonstrate POF (Proof of Fund)
5. Seller issues the CI for the available quantity of EN590 10 ppm.
Buyer signs and revert the CI within 24 hrs
6. Seller Moor the vessel directly to the Buyer Tank terminal and issues
ATB & Q&Q Authorization (UDTA) to the Buyer.
7. Buyer board the vessel and conducts Quality & Quantity (Q&Q)
inspection at Seller’s Vessel/tank using an independent surveyor such
as SGS or equivalent, within 24 hours. Failure to perform Q&Q within
the stipulated timeframe shall result in automatic cancellation of
the transaction.
8. Buyer obtains the Q&Q report from Surveyor.
9. Buyer releases 100% payment via MT103 within 24 hours of receiving
the Q and Q report. Seller provides the remaining POP documents to
the Buyer.
10. Upon confirmation of the payment, Seller injects the product
directly into the Buyer’s nominated tank. Upon successful completion
of injection, Seller settles intermediary commissions.
11. SPA Execution- Seller and Buyer execute a 12-month SPA for
subsequent contractual supplies