Dear Seller/Refinery Management,
We are submitting a formal inquiry on behalf of our client for the immediate and long-term supply of petroleum products under a Tank-to-Tank (TTT) FOB (Free On Board) basis at the Port of Rotterdam or another acceptable major hub.
1. Product Requirements (Monthly)
Our client requires the following significant quantities:
EN590: 200,000 Metric Tons (MT) per month (Minimum)
D6 Fuel: 600,000,000 Barrels per month (Minimum)
2. Confirmed Transaction Procedure
The transaction must strictly follow the TTT FOB procedure outlined below. We require confirmation of your acceptance of these exact steps before proceeding:
Buyer sends Company Profile along with ICPO (Irrevocable Corporate Purchase Order), Tank Storage Agreement (TSA) and data page of Buyer's passport.
Seller verifies Buyer's TSA and issues Commercial Invoice (CI). Buyer signs and returns CI back to Seller.
Seller issues the following POP (Proof of Product) documents to Buyer:
Statement of Product Availability
Commitment Letter to supply
Unconditional Dip Test Authorization (UDTA).
Authorization to Sell and Collect (ATSC)
Authorization to verify the product in seller's tanks (ATV).
Fresh SGS report Not more than 72 hours.
Injection Report
Tank storage receipt (TSR), GPS coordinates, location, tank number, barcode
Tank farm name, contact person name, and telephone number
NCNDA/IMFPA will be signed among all parties involved.
Buyer opts to conduct Dip Test on the product and makes the payment for the total value of product injected into the tanks through the means of SWIFT MT103 -TT.
Seller pays commission to all intermediaries involved in the transaction, and subsequently, monthly shipment continues as per terms and conditions of the commercial invoice and extension of transaction by issuing a 12-months contract to Buyer for proceeding.
We look forward to your prompt response and confirmation of your capacity and adherence to this procedure.
Sincerely,
Mauricio Merch
Quantity: 250000 TonsPayment Term: T/T
