EN590 10ppm Available for lift

[in...@tslenergyllp.com]

FOB PROCEDURE FOR TANK TO TANK
1. Buyer issues ICPO with Tank Storage Agreement (TSA) & Tank Storage
Receipt, Registration Certificate or any I.D; addressed to the
Seller/mandate.
2. Seller issues Draft Commercial Invoice, Buyer signs and returns it to
the Seller.
3. The Seller leases and pays the Buyer’s Tank for Tank Farm Company for
4days for the injection process; The Buyer will also pay the tank farm
for 1day, after this, the Tank Farm Company will send 5 day consolidated
TSR to the Buyer for forwarding to the Seller.
4. Seller provides Buyer with FULL POP Documents:
A - Fresh SGS Report 24 Hour.
B - Dip Test Authorization-Unconditional.
C - Injection Report.
D - Tank Storage Receipt.
E - Tank Farm Bar-code information.
F - Letter of Commitment to supply.
G - Registration Certificate.
H - Authority to Sell & Collect (ATSC).
I - Certificate of Origin
5. Buyer conducts Dip-Test in seller's tank, via SGS and after Dip Test,
after successful Dip Test, product will be injected in buyer tank and
Buyer makes Payment as per MT103 wire transfer/TT according to the
Commercial Invoice.
6. Seller transfers the title of ownership as per Buyer’s instruction.
The buyer lifts the product.
7. Seller pays commission to all intermediaries of the Seller Side and
buyer side involved in the transaction within 24 hours.
8. Subsequently monthly shipment continues as per terms and Conditions
of the sales and purchase agreement contract between Buyer and Seller to
be issued and accepted.
9. Seller and Buyer will respect NCNDA - IMFPA as agreed also on the
contract.