MAZUT Sellers Published date: October 27, 2014 Modified date: October 27, 2014

1. Buyer issues ICPO
2. Refinery issues SPA
3. Buyer signs and returns.
4. Refinery issues Commercial Invoice for the immediately lift-able quantity along with the title Transfer
of Ownership
Form/Certificate of Origin of the products/Tanker Storage Receipt.
5. Buyer signs and returns
6. Refinery issues Dip Test Authorization upon transfer of Title to the buyers’ company name as the full
title holder.
7. Buyer Dips within 24 hours,
8. Upon conducting successfully Dip test Buyer pays by MT103 upon receipt of title to product along
with full POP.

• Company Name: KUZMIN TRADE
• Country: RUSSIAN

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