EN590 10 PPM and JET A1 are quality fuels, for industrial and aviation use. EN590 10 PPM offers low-sulfur diesel that complies with environmental standards. JET A1 is an aviation fuel, that offers excellent performance. ORGANISATION MONDIALE NOUVEL ESPOIR (OMNE), based in France, procures these fuels from Kazakhstan.

• PRODUCT: FUEL JET A1 and EN590
• ORIGIN: Kazakhstan.
• TERM: F.O.B Rotterdam Tank Port. The Netherlands. TTV/TTT
  
  
• QUANTITY:
  

FUEL JET A1

TRIAL: 2.000.000 Barrels DIP & PAY MT 103, ready to lift in Rotterdam Tanks.

CONTRACT: 5.000.000 Barrels per month x 12 months.

EN 590 10 PPM 

TRIAL: 100.000 MT ready to lift in Rotterdam Tanks. 

CONTRACT: 300.000 MT per month x 12 months.

JET A1

TRIAL: Platts European Marketscan, cod. PJABA00 less US$ 5 net Buyer as discount per Mton, DIP & PAY via MT 103.

CONTRACT: Platts European Marketscan, cod. PJABA00 less US$ 5 net Buyer as discount per Mtons.

COMMISSION: US$ 0.5/bbl, Seller’s side, US$ 0.50/bbl Buyer Side.

EN 590 10 PPM 

TRIAL: 650 USD net buyer, Dip & Pay via MT 103. 

CONTRACT: Platts European Marketscan, cod. AAJUS00 less US$ 50 net Buyer as 

discount per MT. 

COMMISSION: US$ 10/MT, $5 Seller’s side(closed), $5 Buyer Side.

• PAYMENT: Transferable Documentary Letter of Credit (DLC via MT 700) and MT103 payment per each shipment.
  
  
• SPECIFICATIONS: According as attached on your Letter of Intent.
  

• PROCEDURE: FOB TERMS TTV/TTT:

1. Buyer issue ICPO containing the below working procedures, as acceptation of the SCO, with attached a BCL or a Bank Statement signed and sealed by the Bank Officer, with ATV to proof the payment of the Commercial Invoice for the first lift delivery value, and the CPA (Charter Party Agreement)/TSA (Tank Storage Agreement).

2. The Seller after the receipt of the ICPO, BCL or Bank Statement with ATV and CPA/TSA, sends to the Buyer the Pro-Forma CI with the Draft Sales Purchase Agreement (SPA) for the buyer review, as per 2.000.000 barrels DIP&PAY, and twelve (12) months for 5.000.000 barrels monthly deliveries. Upon the Buyer’s approve and sign the SPA, the Buyer will send to Seller the Commercial Invoice and the SPA signed and approved.

3. After the receipt of approved CI and SPA, as per contract terms agreed, the Seller issues the POP documents, as follows:

• Seven (7) days Unconditional Dip Test Authorization.
• Fresh 48 hours SGS Report in Rotterdam.
• Commitment to supply.
• Certificate of origin of the product.
• Authorization to Sell and Collect (ATSC)
• Product Passport

4. Buyer may order an additional SGS to conduct Dip Test of the product in the Seller’s Tank at buyer expense.

5. Upon successful of the Dip Test, 24 hours after the Buyer make 100% payment by MT103 wire transfer for the total product.

6. Upon successful of payment MT 103, Seller pays commission to all intermediaries involved, as per terms agreed, and injects the product into Buyer’s Vessel/Tank submitting the full Injection Report to the Buyer.

7. In case of after 24 hour the successful MT103 payment, the Buyer’s vessel it is not in the port, the Buyer can contact a Tank Farm Company in Rotterdam Port to transfer the product from the Seller’s tank to the Buyer’s tank, or to pay to the Seller the daily cost of the tank for a maximum of 3 days.

8. Subsequently shipment(s) continues as per signed SPA and product payment will be made as per transferable DLC / MT103 per each product injection delivered, terms agreed