13/07/2026
SOFT CORPORATE OFFER (SCO)
Products & FOB Pricing
Product Price
EN590 10ppm Diesel USD 620/MT FOB
Jet Fuel A1 USD 98 / USD 96 per Barrel FOB
Virgin Fuel Oil D6 USD 88 / USD 84 per Barrel FOB
LNG USD 450 / USD 440 per MT FOB
LPG USD 520 / USD 510 per MT FOB
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Tank-to-Tank (TTT) Procedure – Dip & Pay
1. The Buyer issues an Irrevocable Corporate Purchase Order (ICPO) together with acceptance of the Seller’s terms and conditions and submits the Buyer’s Tank Storage Agreement (TSA).
2. Upon satisfactory review of the ICPO, the Seller issues the Commercial Invoice (CI) and the Dip Test Authorization (DTA) for ex*****on by the Buyer and the Buyer’s storage company.
3. The Buyer signs and returns the Commercial Invoice and DTA, duly endorsed by the Buyer’s storage company, within three (3) working days.
4. Upon receipt of the executed documents, the Seller provides the following Proof of Product (POP) documents:
* Statement of Product Availability
* Commitment Letter to Supply
* Notice of Readiness (NOR) for endorsement by the Buyer’s tank farm
* Fresh SGS Inspection Report
* Authorization to Physically Verify the Product at the Refinery Tank
* Product Quality Passport
* Previous Injection Report
* Invitation for a physical meeting at the refinery terminal, to be attended by representatives of the Buyer and the Buyer’s storage company
5. After reviewing the POP documents, the Buyer submits a valid Tank Storage Receipt (TSR) together with the tank farm GPS coordinates.
6. Upon receipt of the TSR and GPS coordinates, the Seller issues the official Injection Schedule.
7. The Seller commences product injection and provides the Buyer with daily injection progress reports.
8. Upon completion of the injection, the Seller issues the following final documents:
* Certificate of Origin
* Affidavit of Transfer of Ownership
* Final Injection Report
* Authorization to Sell and Collect
9. The Buyer signs and returns the Affidavit of Transfer of Ownership, confirming acceptance of ownership of the injected product.
10. The Buyer remits 100% payment via Telegraphic Wire Transfer (TT) for the total product quantity in accordance with the Commercial Invoice. Upon confirmation of payment, the transaction is concluded in accordance with the agreed contractual terms.
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Buyer Documentation Requirements
The Buyer’s ICPO/LOI must:
* Be issued on the Buyer’s official company letterhead.
* Be signed by an authorized company representative.
* Bear the company stamp or seal (where applicable).
* Include the Buyer’s bank name, account officer’s name, telephone number, and email address.
* Clearly state the name and position of the authorized signatory.
