Diesel, LNG, LCO, Petcoke Buy Requirement from Iran - 01-Nov-2024

Dear Sir,

We want to import Diesel, LNG, LCO, Petcoke.

Please confirm the procedure TTV from your company:

Non -negotiable Transaction Procedure FOB Fujairah
(Tank To Vessel )
1. Buyer issues official Irrevocable Corporate Purchase
Order (ICPO) inline wth the Seller procedure with full
banking details, Company profile, Buyer passport copy,
and valid CPA.
2. Seller sends following Draft CI (Commercial Invoice),
Draft DPST (Delivery Processing Schedule Table)
3. Buyer and vessel operator endorse and approve the
CI & DPST respectively and return together with
acceptance letter to adher to the procedure to seller.
Seller signs CI and issued final copy. An NCNDA/ IMFPA
signed by all intermediaries with commission structures
and sends to Seller for Endorsement and Notarization.
4. Seller programs injection and issues to Buyer the
following documents:
A. Unconditional dip test authorization (DTA) Fresh SGS
report (less than 72 hours old) C. Injection report D.
Certificate of Origin Authorization to sell and collect
(ATSC) F. Tank Storage Receipt (TSR)
5. Buyer verify POP within 24 to 48 hours. (Buyer has
optional dip test inspection on the product in
Supplier/Seller storage tanks via SGS at Buyer's
expense. Seller Endorse and Notarize the
NCNDA/IMFPA and send to Seller's bank for registration
& legalization to Secure commission Payment and sends
a copy to Intermediaries Representative.
6. Upon successful dip test inspection (if necessary).
Buyer provides NOR (Injection Notice of Readiness) to
Seller and Seller immediately commences injection of
the product into Buyer's Chartered vessel then Buyer
makes payment for the total product value by
MT103/TT upon injection of completion.
7. Seller immediately transfers the title of product
ownership to Buyer with all export documents.
8. Seller pays all (Both Sides) Mandates and
intermediaries involved in the Transaction according to
the Signed NCNDA/IMFPA within 24 hours of Buyer
payment.
9. Buyer and Seller execute SPA for 12 months. The
proceeding shipments shall continue in accordance with
the same Procedures indicated above. (Ref. :Kam-f-1 )

The buyer prepares the following:
ICPO+CPA+Q88+NOR

Thank you.

Contact: Mr. Ahmad Sabouri

Posted on : 01-Nov-2024
Posted From : Iran

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