АДРЕС: 108840, г.
Москва, внутренняя ADDRESS: 108840, Moscow, internal
территория Троицкого городского territory of Troitsk Urban District, Troitsk
Mobile: +79175651632 округа, ул. Троицк Центральная, д. 5 Centralnaya St., 5
Email: export-stalnefteproduct@[Link] ИНН: 7751511026 ОГРН: 1137746365668 INN: 7751511026 OGRN: 1137746365668
CIF STANDARD PROCEDURES:
1. Buyer issues an Irrevocable Corporate Purchase Order (ICPO) with the company letterhead and banking information.
2. Seller issues a draft Sales Purchase Agreement (SPA) to the Buyer. Buyer signs and returns the SPA.
3. Upon receipt of the fully executed and legalized SPA, Seller releases below Partial Proof of Products (PPOP) with
authentication/approval legalized by the Ministry of Energy, Kazakhstan
a. Refinery Commitment to Supply
b. Certificate of Origin
c. Statement of availability of product
d. Product quality passport (Analysis test Report).
4. After the PPOP documents are received by the Buyer, within 7 banking days, Buyer's bank issues an Irrevocable Operative
Standby Letter of Credit (SBLC) MT-760 to the Seller’s bank for the Trial shipment. If the Buyer fails to issue the payment
instrument within the mutually agreed time, the Buyer immediately proceeds to make a Security Guarantee of cash deposit
3% of total cost of the product by MT-103 Telegraphic Transfer to enable the Seller to charter a vessel for the product
shipment, cover marine insurance policy of the cargo and commence with the product shipment immediately. This payment
will be deducted in full from the total face value when paying for the total cost of the product upon the Buyer confirming and
inspecting the product at their discharge port. Seller’s bank issues full POP documents to the Buyer’s bank along with the
2% Performance Bond.
a. Copy of Statement of Availability of the Product.
b. Copy of the Refinery Commitment to Produce the Product.
c. Copy of Transnet contract to transport the product to the loading port
d. Copy of the port Storage Agreement
e. Copy of the Charter Party Agreement to transport the product to discharge port.
f. Copy of Vessel Questionnaire 88 9
g. Copy of Bill of Lading.
h. SGS Report at loading port.
i. Dip test Authorization (DTA) & ATB
j. NOR /ETA the shipment should arrive at Buyer’s discharge port within 5-25 days. The SGS inspection will be borne by
the Seller at the loading seaport and Buyer at the unloading seaport
k. Certificate of Ownership Transfer
l. Allocation Transaction Passport Code Certificate (ATPCC) by Ministry of Energy.
5. Shipment commences as per signed contract delivery schedule and the shipment should arrive at Buyer's discharge port
within 5-15 days. The SGS inspection will be borne by the Seller at the loading seaport and Buyer at the unloading seaport
6. Buyer releases payment to Seller by TT/MT103 upon receipt of the shipping documents and confirmation of the Q& Q by
SGS/CIQ at destination port.
7. Seller pays commission within 48 hours by swift MT103 to all intermediaries as signed in the NCNDA/IMPFA.
8. Seller & buyer move on yearly basic as per signed draft contract.
LEGAL ADDRESS: 108840, Moscow, internal territory of Troitsk Urban District, Troitsk Centralnaya St., 5 Phone: +79175651632
Email: export-stalnefteproduct@[Link] INN: 7751511026 OGRN: 1137746365668
