Virgin Fuel Oil D6 Russian FOR SALE | REBCO Sellers | MAZUT.org 

Virgin Fuel Oil D6 Russian FOR SALE



REBCO Sellers Published date: July 4, 2020



July 3rd, 2020 MTN-TAT – D6 G of MX 7/7
Foundation Fuels, llc
GENERAL OFFER:
30,000,000 Gal D6 Trial

Vessels containing 30,000,000 gallons each of Russian D6 VIRGIN FUEL OIL are scheduled to arrive at the Gulf of Mexico / Port of Houston area approximately JULY 7TH, 2020.

AVAILABLE PRODUCT:

RUSSIA VIRGIN FUEL OIL D6 (SPOT/CONTRACT) 30,000,000 GALS test / 400,000,000 GALS MONTHLY
CIF PRICE : $0.350 Gross. $0.280 Net. 50/50

PROCEDURES:

1. Upon acceptance of seller's Offer, buyer issues Purchase Order (ICPO) and Tank Storage Agreement.

2. Upon acceptance of buyer ICPO/TSA, Seller issues Commercial Invoice/ICC Warning Letter for buyer's review and signing.

3. Buyer signs the commercial invoice and returns to seller, the signed CI/ICC Warning Letter, seller issues the POP Documents as shown below:
- Refinery Q&Q Report
- Ullage Report
- Tanker Bill of Lading/Q88
- Export License
- Cargo Manifest

4. Buyer conducts due diligence on the arriving loaded vessel and upon satisfaction buyer/Or its assignee issues an acceptance letter confirming its readiness to secure and provide its storage tank facility details. NOTE: Storage tanks details which must include the following for seller confirmation of buyer tank farm readiness to receive the cargo quantity.
- TANK RECEIPT valid for 5 days (Minimum)
- Notice of Readiness issued by Storage Tank Company
- AUTHORITY LETTER TO VERIFY / INJECT

5. Upon vessel arrival at Buyer’s nominated port, Vessel Captain shall issue ATB to buyer’s supper cargo and inspectors inviting them to board the loaded vessel for Q and Q. * NCNDA/IMFPA is signed by the involved parties.
6. Upon successful Q and Q including Dip Test, BUYER pays for product by Wire Transfer / Swift MT-103 into the Seller’s account.
7. Seller releases original POP documents in buyer’s name and Trans-loading commences.
8. Seller pays commissions to all intermediaries, Both Parties proceed with the signing for a 12 Months CIF AWSP contract upon completion of the first trial order.
Attn: Bob MacDonald
Managing Partner
Reply: bobmac@foundationfuels.com

  • Publisher: BOB MacDONALD
  • Company Name: FOUNDATION FUELS LLC
  • Country: USA



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