Open new sources for ours overseas clients<\/strong><\/p>\n As Business finder and consulting. DIESEL FUEL | MARINE FUEL | GASOLINE | CRUDE OIL | LNG, LPG | JET A1 PROCEDURE CIF 1<\/strong><\/span><\/p>\n a) Certificate of Origin. a) Product Allocation Export Permit. <\/p>\n TRANSACTION PROCEDURE CIF 2<\/strong><\/span><\/p>\n a. Proforma invoice as confirmed and approved by Buyer. a. Copy of the beneficiary\u2019s unpaid final Commercial Invoice, duly signed <\/p>\n THE PARTIES UNDERTAKE TO FOLLOW BY THE FOLLOWING PROCEDURE OF PAYMENTS :<\/span><\/strong><\/span><\/p>\n <\/p>\n BUSINESS PROCEDURE ITT<\/strong><\/span><\/p>\n a. Legalized Commercial Invoice. <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" SALES AND DELIVERY TERMS Open new sources for ours overseas clients As Business finder and consulting. We are specialize in the sale of petroleum products, we have established ourselves as a reliable and trustworthy partner delivering high-quality products around the world (Brazil, Togo, Rd Congo, Emirate, Europa). Our deep understanding of the Market, Able… Lire la suite »TRANSACTION CIF PROCEDURE<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":100,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"class_list":["post-296","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/mitraenergie.com\/index.php\/wp-json\/wp\/v2\/pages\/296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mitraenergie.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mitraenergie.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mitraenergie.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mitraenergie.com\/index.php\/wp-json\/wp\/v2\/comments?post=296"}],"version-history":[{"count":106,"href":"https:\/\/mitraenergie.com\/index.php\/wp-json\/wp\/v2\/pages\/296\/revisions"}],"predecessor-version":[{"id":570,"href":"https:\/\/mitraenergie.com\/index.php\/wp-json\/wp\/v2\/pages\/296\/revisions\/570"}],"wp:attachment":[{"href":"https:\/\/mitraenergie.com\/index.php\/wp-json\/wp\/v2\/media?parent=296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nWe are specialize in the sale of petroleum products, we have established ourselves as a reliable and trustworthy partner delivering high-quality products around the world (Brazil, Togo, Rd Congo, Emirate, Europa).
\nOur deep understanding of the Market, Able to source: Diesel, Gasoline, Jet A1, Crude Oil, Bitumen and Coal.\u00a0We actively participates in amalgamating the supply and demand in the international petroleum commodity markets.
\nWe aim to be the preferred one-stop source for commodities from around the world to our clients, our business model provides complete practical theme for our buyers\/partners operations to be effective, skilled and
\nbeneficial and extremely competitive.
\nOur main tasks are constant management, accountable operational designing and forward thinking.
\nThe cluster features a extremely qualified personnel with intensive onshore and offshore expertise during a wide range of areas of this business.<\/p>\n
\n<\/strong><\/span><\/p>\n
\n![\"\"](\"https:\/\/mitraenergie.com\/wp-content\/uploads\/2023\/05\/1.png\")
Buyer issues ICPO to Seller after select the procedure which they agreed upon.
\n![\"\"](\"https:\/\/mitraenergie.com\/wp-content\/uploads\/2023\/05\/2-.png\")
Seller Issues Draft Sales and purchase Agreement Contract and, Commercial Invoice for
\nBuyer\u2019s review and Signing.
\n![\"\"](\"https:\/\/mitraenergie.com\/wp-content\/uploads\/2023\/05\/3.png\")
\u00a0Buyer Signs the Sales and Purchase Agreement Contract and Commercial Invoice back to
\nthe Seller together with RWA to Seller to confirm Buyer ready for the transaction.
\n![\"\"](\"https:\/\/mitraenergie.com\/wp-content\/uploads\/2023\/05\/4.png\")
Seller Registers and Legalizes the signed sales and purchase Agreement Contract.<\/p>\n
\nb) Commitment to Supply.
\nc) Product Passport
\nd) Statement of Availability of the Product.
\ne) Export License.<\/p><\/blockquote>\n![\"\"](\"https:\/\/mitraenergie.com\/wp-content\/uploads\/2023\/05\/5.png\")
Within 24 hours of receiving the PPOP documents, the Seller appoints a tested\/reliable
\nshipping logistic company in Russia (A shipping company that has record of shipments with
\nSeller). Following receipt of the Seller’s PPOP, the Buyer’s bank issues SBLC 760 \/ BG within
\n7 working days. If the Buyer is unable to issue the MT760 within the specified 7 banking days,
\nthe Buyer will pay the Seller 5% of the first month product value as an alternative guarantee
\nfor freight payment within 3 banking days. The Buyer’s Bank will deduct the freight payment
\nfrom the total cost value of the product contractual agreement.
\n![\"\"](\"https:\/\/mitraenergie.com\/wp-content\/uploads\/2023\/05\/6.png\")
Upon confirmation of Buyer\u2019s SBLC MT760 or 5% Guarantee payment TT Wire to Seller\u2019s
\nnominated Bank, Seller issue the legalized contract , 2% Performance Bond, including full
\nPOP and Shipping documents via Swift Bank To Bank as shown below:<\/p>\n
\nb) Allocation Title Ownership Affidavit.
\nc) Transneft Contract to Transport the Product to the Loading Port
\nd) Port Storage Agreement.
\ne) Charter Party Agreement to Transport the Product to Discharge Port.
\nf) Tank Storage Receipt.
\ng) SGS Quality and Quantity Certificate.
\nh) Bill of Landing- (B\/L)
\ni) Vessel Questionnaire 88. C.I.F. Cost, Insurance, Freight procedure:<\/p><\/blockquote>\n![\"\"](\"https:\/\/mitraenergie.com\/wp-content\/uploads\/2023\/05\/7.png\")
Shipment commences and upon arrival of the vessel tanker at the discharge port, buyer
\nconducts SGS inspection and makes operative SBLC\/DLC or makes payment for the full
\nshipment via TT wire or mt103.<\/p>\n Buyer issue Irrevocable Corporate Purchase Order (ICPO), certificate of incorporation and
\nfront-page passport copy to the Seller.
\n![\"\"](\"https:\/\/mitraenergie.com\/wp-content\/uploads\/2023\/05\/2.png\")
Seller issues the Sale and Purchase Agreement for signing by Buyer and Buyer sends back
\nthe signed and sealed contract to the seller. Buyer submits delivery order for parties to sign
\nand agree on the schedule of shipping.
\n The signed contract (hand signed or electronically signed) will be lodged with the respective
\nbanks and Seller send following documents to the Buyer as a Partial Proof of Product:<\/p>\n
\nb. Product passport
\nc. Allocation Letter\/Refinery Commitment
\nd. Sample of the Fully Funded LC to be signed back by Buyer as accepted and approved by
\nbuyer’s bank.
\n(Non-TRANSFERABLE SBLC MT 760)<\/p><\/blockquote>\n The Buyer\u2019s Bank, within max 7 banking days, upon the acceptance of the wordings, Texts
\nand formats, the Buyer\u2019s Bank issues non-transferable SBLC via SWIFT MT760. The text
\nof the SBLC to follow, should state the validity for 180 days, in the amount of the average
\nmonthly deliveries, with the price calculated according to discount from the date of issuance
\nof the Pro-forma Invoice.
\n4.1 If buyer is not able to issue a SBLC within 5 -7 days, buyer would make a provide
\npayment by T\/T amounting to 3% (pct.) Of the agreed shipment face value to conduct
\nreservation and loading of oil Products into oil tanker in accordance with the delivery
\nschedule. Non-Transferable SBLC MT 760 must be issued before Vessel sails to
\ndischarge port. The contract would be unilaterally cancelled in invent buyer fails to
\nperform.
\n Upon confirming the SBLC or provisional in the seller\u2019s fiduciary Bank, Seller Fiduciary
\nbank issue a one (1) % as performance bond in favour of buyer\/buyer\u2019s bank upon receipt
\nof the Letter of credit, Seller issues a NOR along with the following details:
\n\u2022 Refinery Commitment
\n\u2022 Shore-Tank measurement Report
\n\u2022 Details of the loading port of Loading
\n\u2022 Details of the vessel and charter \/ shipping company
\n\u2022 ETA (Estimated Date of Arrival) at the port of destination
\n Seller makes shipment of Product in accordance with the terms and conditions of the signed
\nSales and Purchase Agreement.
\n Loading commences within 14 -21 days, after accepting buyer\u2019s LC, and Seller hence
\nwill Forward the full shipping documents after compliance before sailing of the vessel to the
\nbuyer’s Discharge port. The documents not limited to:<\/p>\n
\nb. Certificate of Quality and Quantity issued by SGS, Intertek, Say bolt or equivalent
\nc. Full set of Bill of Lading (03 original copies)
\nd. Vessel Notice of Readiness (NOR)
\ne. Marine Insurance Certificate
\nf. Ullage report
\ng. Cargo Manifest
\nh. Vessel Q88
\ni. Certificate of Origin
\nj. IMO register information<\/p><\/blockquote>\n![\"\"](\"https:\/\/mitraenergie.com\/wp-content\/uploads\/2023\/05\/8.png\")
Upon arrival of the product at buyer’s destination port, the buyer conducts Inspection of the
\nproduct by SGS or similar at his expense, and Buyer transfers the outstanding payment MT
\n103 for the seller\u2019s commercial invoice, and with respect to Q\/Q. Reports issued at the port
\nof shipment. Seller transfers title and ownership to the buyer.<\/p>\n The Seller sends the draft Contract to the Buyer for signing.
\n Upon the Contract signing by the Buyer, the Buyer sends it back to the Seller in pdf format.
\nThe Buyer and the Seller place the Contracts at their banks.
\n The Seller submits the documents: allocation letter and required information to the Buyer:
\n3.1. Notice of Readiness
\n3.2. Consignment note
\n3.3. Product Passport and Safety Data Sheet
\n After the Bank-to-Bank confirmation of the wordings, texts and formats, the Buyer\u2019s Bank
\nwithin 3-5 banking days issues DLC via SWIFT MT700 to the nominated Seller Bank.
\n Within 14 days upon fulfilling n4 Seller shall organize shipping in accordance with the terms
\nand conditions of the signed Sales and Purchase Agreement and provide the following
\ninformation to Buyer:
\n\u2022 Details of Loading Port
\n\u2022 Schedule of Loading Dates
\n\u2022 Details of Vessel & Charter party \/ Shipping Company
\n\u2022 ETA (Estimated Date of Arrival) at Destination Port.
\n The delivery will be started according to the Contract schedule within minimum 15 days \u2013
\nmaximum 25 days after.
\n Buyer shall provide details of their Shipping Agent at destination Port and booking
\nconfirmation of SGS\/CIQ at discharge port inspection as per scheduled shipping Info.
\n The final payment for the Goods is to be performed at discharge port within 5 banking days
\nby means payment for the amount of the cost of the Goods shipped by MT 103 or telegraphic
\nwire transfer(T\/T).
\n![\"\"](\"https:\/\/mitraenergie.com\/wp-content\/uploads\/2023\/05\/9.png\")
The shipped goods are transferred and accepted by the buyer along with the following list
\nof documents:
\n– Commercial Invoice submitted by the Seller with indication of Contract No., description
\nof the Goods, the price per 1 MT of the Goods, the total value, gross\/net weight (based on
\nSGS inspection in loading port) \u2013 1 (one) original and 3 (three) copies, consignment notes
\nwith a mark of customs service;
\n– Complete set of 3\/3 bills of lading marked \u00ab\u00a0Clean on Board\u00a0\u00bb. Each original shall be signed
\nby the master or senior assistant in the port of loading;
\n– Quality Certificate issued by SGS (SAYBOLT) at the loading port – 1 original and 3 copies:
\n– Quantity Certificate issued by SGS (SAYBOLT) at loading port – 1 original and 3 copies;
\n– Certificate of Origin of Goods – 1 copy.
\n![\"\"](\"https:\/\/mitraenergie.com\/wp-content\/uploads\/2023\/05\/10.png\")
Final calculation payments under this Contract to be done at the end of the entire shipment of
\nthe consignment and fulfilment of all conditions of this Contract. The Parties sign the
\nReconciliation Report that allows to take into account the actual total value of the Goods
\ndelivered. The Report is compiled as a financial instrument. On the basis of this Report, the
\nParties will perform mutual settlement of possible deductions, differences in quantity and cost
\nof delivered Goods.<\/p>\n Buyer issues irrevocable corporate purchase order (ICPO) with international passport copy
\n(Data Page) to seller.
\n Refinery issues commercial invoice (CI) and framework agreement, Declaration of Origin
\nand Buyer signs the commercial invoice with evidence of finance or a bank reference.
\n2.1 Refinery provides framework agreement and individual storage contract for In Tank
\nTransfer (ITT) and disposition rights to petroleum stock reserved. Remuneration is
\ncharged according to the operator\u2019s tariff payable by the buyer for extended storage
\ncapacity and product survey\/Dip test.
\n Refinery company sends to the buyer the clearance sheet including the documents not limited
\nto:<\/p>\n
\nb. SGS Analysis Report
\nc. Tank Storage receipt
\nd. DTA \u2013 Dip Test Authorization (Unconditional);
\ne. ACT of transfer and acceptance;
\nf. ATSC<\/p><\/blockquote>\n Buyer conducts Dip Test and upon successful SGS\/Intertek inspection, the Seller
\ncommences injection of the product into the buyer\u2019s storage capacity or chartered vessel.
\nSeller proceeds with injection of product and seller issues the injection report for the quantity
\ntransferred tank to tank.
\n Buyer pays the final commercial invoice with deductions based on Q&Q for the injected
\nproduct by SWIFT MT103 and seller transfers full title to buyer with all export and title
\ndocuments within 24 hours.
\n Seller pays commission to all involved Mandates Intermediaries.
\n The Seller issues annual Contract on CIF for the Buyer\u2019s review and execution. Buyer signs
\nthe contract and issues IRDLC in favour of the seller for regular deliveries.<\/p>\n