This buyer is verified. I have a CP and LOI for this buyer at hand.

Buyer is funded and Capable. With this buyer we'll finalize a deal if given the approval by the refinery. For the procedure below please see buyer's requirement.

Commodity: JP54 Aviation Kerosene Colonial Grade 54

Trial Quantity: 500,000 – 1,000,000/bbl (DIP AND PAY)

Roll and extension 1,000,000/bbl to 5,000,000/bbl x 12 months

Loading Port: Rotterdam

Terms of delivery FOB Rotterdam with Seller TSR (Rotterdam tank receive)

Payment: MT103, MT760, or MT700

Commodity: D2 GAS OIL L-02-62 GOST 305-82

Trial Quantity: 100,000/MT – 200,000/MT

Roll and extension 200,000/MT or Greater x 12 months

Terms of delivery: CIF AWSP Singapore

Payment: MT103, MT760, or MT700

Commodity: MAZUT M100

Trial Quantity: 100,000/MT – 200,000/MT

Roll and extension 200,000/MT or Greater x 12 months

Terms of delivery: CIF AWSP China

Payment: MT103, MT760, or MT700

Working Procedures:

1. Seller Issues SCO to Buyer.

2. Buyer issues Seller ICPO. (ICPO will include Buyer’s Banking Details)

3. Seller issues FCO to Buyer. Buyer endorses and returns to Seller.

4. Seller sends Draft Contract to Buyer open for amendments.

5. Upon mutual acceptance of the contract, Buyer and Seller execute the contract.

6. Buyer signs and returns the contract and both parties lodge contracts at their respective banks.

7. Seller send Buyer Partial POP as follows:

a. Letter of Guarantee from oil Refinery

b. Copy of license to export issued by the Ministry of Energy

c. Copy of approval to export issued by the Ministry of Justice

d. Attestation Copy of Proof for Availability of the Product

e. Tanker’s Storage Receipt

f. Proof of Refinery Commitment to Produce the Product

g. Dip-Test Authorization

h. One Past Trade Reference

i. First Page of Seller’s National Passport

8. After PPOP Verification Buyer’s Bank issues Seller’s Bank a BCL or MT799 SWIFT POF.

9. Seller’s Bank issues Buyers Bank a NON-Operative 2% PB for the amount of the monthly shipment.

10. Buyer’s Bank issues an Operative IDLC (Irrevocable Documentary Letter of Credit) for the value of one month’s shipment to Seller’s Bank and at the same time Seller’s Bank makes Seller’s 2% PB Operational back to the Buyer’s Bank.

11. Seller signs contract with the shipping company, with Official Notification to the Buyer by the Shipping Company.

12. Seller provides to Buyer the Allocation Code Certificate / Partial POP and Seller’s Bank sends through SWIFT the Proof of Product (POP). Full POP documents are listed below:

a. Copy of Letter of Guarantee from oil Refinery

b. Copy of license to export issued by the Ministry of Energy

c. Copy of approval to export issued by the Ministry of Justice

d. Attestation Copy of Proof for Availability of the Product

e. Proof of Refinery Commitment to Produce the Product

f. Copy of TRASNEFT contract to transport the Product to the Loading Port

g. Copy of Port Storage Agreement

h. Copy of the Charter Party Agreement(S) to transport the product to the Discharge Port

i. Copy of Tank Storage Receipts

j. Copy of Dip-Test Authorization

k. Copy of SGS Reports from Loading Port

l. Copy of Bill of Lading

m. Copy of Vessel Questionnaire 88

13. After Verification of all POP Documents, Buyer’s Bank makes Effective Payment as agreed by both Parties.

14. Transfer of Title Ownership to the Buyer.

15. Lift commences with SGS Survey Report.

16. Buyer releases funds to the Seller via MT103/TT upon the issue of SGS or equivalent certificate at the destination port.