EN590 (Diesel)

Dear Sir,

We need to buy EN590 (Diesel).
And wanted to know what is the actual total
metric ton quantity your company has readily
available in the tanks at Jurong port for TTT.

1. The buyer issues an official ICPO with the
seller's procedure, passport copy, banking
details and tank storage agreement.

2. The seller issues a commercial invoice
"CI" to the buyer; the buyer signs and
returns the commercial invoice to the seller.
3. Within 2-3 working days the seller allocates
the product and presents to the buyer the
Transfer Agreement for Title Holder Certificate
the buyer countersigns the Transfer Agreement
for Title Holder of the allocation.

4. The seller receives the signed Transfer
Agreement for Title Holder Certificate and
schedules the injection programming with
the buyer's tank storage facility.

5. After approval of the scheduled injection
programming from the buyer's storage facility
the seller issues the below complete POP
document to the buyer for their verification:
Product certificate of origin.
Injection Report.
Authorization to verify (ATV).
Ank Storage Receipt (TSR) with hub
access code 24 Hour SGS Report
Unconditional DTA.
Authorization to sell and collect.
NCNDA/IMFPA
6. (Optional) Buyer SGS team re-conducts
inspection on the product in the seller's shore
tank at buyer?s expense.

7. Upon successful verification of POP and
Dip Test in the seller?stank, the buyer provides
tank details and their Tank Storage to the seller
and the seller injects product into the buyers
tanks, and the buyer makes the payment for
the product via MT103.

8. The product's ownership and title are
transferred to the buyer by the seller.

9. After a successful trial lift (first lift) the
seller issues a SPA or contract for 12 months
with R&E to the buyer for processing.

10. According to the signed NCNDA and IMFPA
the seller pays commissions to all engaged
intermediaries for the initial lift and any future
lifts.

Thank you.

Contact: Mr. Michael Lim

Posted on : 04-Jul-2024
Posted From : United States

Related Products / Keywords

• EN590

• Diesel

• Diesel2

• Diesel6

• Petroleum