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SCO FOB Valid Till 12 April

BORNOVA, TOO is offering aviation fuel and ultra-low sulphur diesel from Kazakhstan with specified quantities and FOB pricing. The transaction requires a financial statement from the buyer's bank and involves detailed procedures for both tank-to-tank and tank-to-vessel transactions, including inspections and payment terms. The offer is valid until April 12, 2025, and includes provisions for insurance and documentation throughout the process.

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54 views3 pages

SCO FOB Valid Till 12 April

BORNOVA, TOO is offering aviation fuel and ultra-low sulphur diesel from Kazakhstan with specified quantities and FOB pricing. The transaction requires a financial statement from the buyer's bank and involves detailed procedures for both tank-to-tank and tank-to-vessel transactions, including inspections and payment terms. The offer is valid until April 12, 2025, and includes provisions for insurance and documentation throughout the process.

Uploaded by

josheplondon
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Valid Till 12 of April 2025

To Whom It May Concern

Attn: Managing Partner/Director

Dear Sir/Madam

SOFT CORPORATE OFFER

We “BORNOVA, TOO” a mandate and intermediary company on behalf of our END SELLER / REFINERY with corporate
and legal rights under penalty and Perjury hereby confirm the availability of the under listed Products. The Supply is
guaranteed to meet the Specifications and pass through the stringent requirements of SGS or Equivalent. Financial
Statement from the Buyer's bank clarifying buyer's financial capability will be required to consider buyer's
negotiations.

PRODUCT ORIGIN: KAZAKHSTAN

TRANSACTION MODE: FOB

PAYMENT TERMS: DLC /SBLC, T/T WIRE TRANSFER & MT103

INSPECTION: SGS OR EQUIVALENT

INSURANCE: PAID BY THE SELLER COVERING 110% OF THE SHIPMENT VALUE

AVIATION FUEL (JetA1)

Minimum Quantity: 500,000 BBL

Maximum Quantity: 5,000,000 BBL Monthly Price

FOB Price: Gross $76 per Barrel NET $74 per Barrel

DIESEL GAS OIL ULTRA-LOW SULPHUR DIESEL (EN590)

Minimum quantity 20,000 metric tons

Maximum quantity 300,000 metric tons

FOB price: Gross USD $520.00 MT NET: USD $510.00 MT

FOB TANK TO TANK TRANSACTION PROCEDURES

1. Buyer send a full ICPO, a current and valid (TSA) and buyer passport data page.
2. The seller issues a Commercial Invoice of the product in the seller’s tanks at the port, and the buyer signs and
returns the commercial invoice with an acceptance letter.

3. Seller submits a 48-hour hard copy of fresh SGS Report to buyer Tank Farm Company for verification of the
SGS report with SGS in the port of transaction.

4. Upon confirmation of SGS Report by Buyer's Tank Company, Seller requests for buyers active & Operational
TSR in seller’s name for injection program. (TSR days depend on the quantity to be injected). Seller injects
product to buyer’s tank and issues following POP documents to the buyer:

• Q&Q analysis report done by Indigenous Lab at the port of Origin.


• Full Injection report
• ATV / UDTA
• Copy of product Certificate of Origin
• Allocation transfer Certificate.
• Authority to sell and collect (ATSC).

5. Buyer conducts Dip test on the product at the buyer's cost for reconfirmation. (OPTIONAL TO THE BUYER)

6. Upon confirmation of the SGS test by the buyer for quantity and quality, the buyer makes 100% payment via
MT103 for the total value of the injected into the buyer’s tanks.

7. Seller pays all intermediaries involved via NCNDA/IMPFA and subsequently, monthly shipments continue as
per terms and conditions of the sales and purchase agreement contract between the buyer and seller.

FOB TANK TO VESSEL TRANSACTION PROCEDURE:

1. Buyer issues official ICPO addressed to the refinery or representative.

2. Seller issues Commercial Invoice (CI), buyer signs and returns the signed invoice to seller.

3. Seller issues to buyer the partial proof of product documents:

* ATSC - Authority to sell and collect


* DTA - Dip Test Authorization
* STATEMENT OF PRODUCT AVAILABILITY
* COMMITMENT LETTER TO SUPPLY

4. Buyer extends seller’s tank for 3 days and receives full GPS coordinates of the tanks, Hub Numbers, terminal
access permit and dip test is conducted immediately with buyer’s team to obtain fresh SGS report.

5. After successful Dip Test in Seller’s tanks, Buyer takes over seller’s tank or Seller injects into buyer’s vessel /
Tank and buyer conducts its own DIP TEST Inspection for Q & Q of the Petroleum Products aboard vessel /
Tank.
6. After successful Q &Q Dip test on the product, the buyer makes the payment for the total value of
The product injected into the tanks through the means of MTI03 - TT.

7. Upon the seller receiving the payment for the product from the buyer, the seller issues the buyer the title ownership
of the product and all exporting documents for the product. The seller pays all intermediaries involved in the
transaction.

Warm regards,

Olezka Mark
CEO, BORNOVA TOO

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