GUBS OIL https://www.gubsoil.com Excellence in Energy Tue, 24 Mar 2026 17:34:12 +0000 en-US hourly 1 https://www.gubsoil.com/wp-content/uploads/cropped-GUBS_OIL__1_-removebg-preview-e1722434635144-32x32.png GUBS OIL https://www.gubsoil.com 32 32 EN 590 (10 ppm) FOB Ain Sokhna – Egypt https://www.gubsoil.com/en-590-10-ppm-fob-ain-sokhna-egypt/ https://www.gubsoil.com/en-590-10-ppm-fob-ain-sokhna-egypt/#respond Sat, 07 Feb 2026 19:35:38 +0000 https://www.gubsoil.com/?p=5692

Ref: Rickard Fus
SOFT CORPORATE OFFER
TTM is possible in the Seller’s office in Poland / Rotterdam  + past Performance +Refinery Allocation Letter + 2% PBG advance upon receiving MT705 Pre-advise 

To: End Buyer
We, GUBS OIL Company, on behalf of our supplier, hereby state and represent that it is our corporate intention to sell commodity EN590 10ppm (ULSD) in the quantity and for the price as specified in the Terms and Conditions stated below. This representation is made with full corporate authority and responsibility:

COMMODITY: EN590 10ppm (ULSD)

ORIGIN: Egypt with Barcode and customs documents

SPECIFICATIONS: EN590 10ppm Standard

TOTAL/CONTRACT QUANTITY: First lift 100.000 MT, then up to 300.000 MT per month in 12 months. Extension possible.

PACKAGING: Bulk

DELIVERY SIZE: 100.000 -300.000 MT +/- 5% (One vessel)

DELIVERY SCHEDULE: Delivery schedule in the SPA

MODE OF PAYMENT:

The seller shall issue the initial 2% PBG upon receipt of the MT705 pre-advice from the buyer’s bank to the seller’s bank

1. REGULAR S.P.A. RDLC MT700 for the monthly Value for 12 months, then after loading MT103/202

2. REGULAR S.P.A. SBLC MT760 for the monthly Value for 12 months +1 day, then after loading MT103/202

3. REGULAR S.P.A. SBLC MT760 for the monthly Value for 12 months +1 day, then on delivery to the receiving Port, MT103/202.

MODE OF SECURE LOGISTIC SERVICE: T.B.A.

PRICE:
*** 200,000 MT: Price minus -$15 USD per MT FOB Med Platt  (3 days average) – Platts code AAWYY00

LOADING SEA PORT: Ain Sokhna – Egypt

INSPECTION: SGS, BV or Similar Organisation

DOCUMENTS: FOR RELEASE PAYMENT ON DELIVERY TO VESSEL: T.B.A. at S.P.A.

Procedure 1.

TRANSACTION PROCEDURE FOB –  To Ain Sokhna – Egypt

**************************************

  1. The Buyer issues an LOI with CIS
  2. The Seller issues the SCO with CIS
  3. The Buyer issues the ICPO / TSA / POF (bank Statement print screen with an attorney attestation letter or signed and stamped by the CEO to our CEO).
  4. The Seller issues SPA with the first lift of 100,000 MT and regular deliveries at up to 300,000 MT per month in a minimum 12-month contract.
  5. The Buyer and Seller sign the SPA and lodge it with their banks, and the Buyer’s bank issues Pre-Advise RDLC SWIFT MT705 to the Seller’s bank and RWA MT799 (confirm ARDLC MT700) to the Seller’s Bank. The Seller’s bank, upon receiving the Pre-Advice ARDLC Swift MT705, responds with 2% PBG of the monthly ARDLC value to the Buyer’s Bank.
  6. Within five (5) banking days, Buyer Bank will issue ARDLC SWIFT MT700 service from a Top 50 EU/US Bank or true Top 25 EU corresponding bank to Seller’s Bank account.
  7. The Seller loads the first vessel with 100,000 MT, providing the following documents to the Buyer within 3-15 working days:
    a. Commitment to Supply
    b. Statement of Availability of Product
    c. Certificate of Origin
    d. ATV (Authorization to Verify)
    e. Product Passport
    f. Seller’s Certificate of Incorporation
    g. Q88 (Vessel Questionnaire 88) and other shipping documents
    h. Bill of Lading
    i. SGS Report at Loading Port
    j. Export License
    k. Dip Test Authorization (DTA)
    l. Authorization to Board (ATB)
    m. Copies of Charter Party Agreement(s) for product transfer to the discharge port
    n. Notice of Readiness (NOR) / Estimated Time of Arrival (ETA)
  8. The Buyer schedules a Quality & Quantity (Q&Q) dip test by SGS or BV in the seller’s vessel (optional). The Buyer conducts a dip test on the vessel.
  9. Upon confirmation that the dip test results match product specifications, the Buyer sends the Injection Report to the Seller.
  10. Once the Injection Report is confirmed, the Buyer transfers the full payment for the injected product via MT103/202 within 24 hours to the Seller’s designated bank account.
  11. After receiving the payment, the Seller transfers ownership title to the Buyer, and the vessel proceeds to the Buyer’s port of destination.
  12. The Seller delivers the next shipment as per the SPA terms and conditions

    **************************************

Or Procedure No. 2 

TRANSACTION PROCEDURE (FOB): To Ain Sokhna – Egypt 

  1. The Buyer issues an LOI with CIS
  2. The Seller issues the SCO with CIS
  3. The Buyer issues ICPO / TSA or CPA / POF (bank Statement print screen with an attorney attestation letter or signed and stamped by the CEO to our CEO only).
  4. The Seller issues a Sales and Purchase Agreement (SPA) to the Buyer, and both parties sign and lodge it with their banks.
  5. The Buyer’s bank provides a pre-advice SBLC via SWIFT MT705 for the first lift of 100,000 MT together with an RWA MT799 (that covers the SBLC).
  6. The Seller’s bank responds with a 2% Performance Bank Guarantee (PBG) of the SBLC’s monthly value.
  7. Within five (5) banking days, the Buyer’s bank issues the SBLC via SWIFT MT760 service from a Top 50 EU/US Bank or true a Top 25 corresponding EU bank to the Seller’s bank account.
  8. The Seller loads the first vessel with 100,000 MT, providing the following documents to the Buyer within 3-15 working days:         
    a. Commitment to Supply
    b. Statement of Availability of Product
    c. Certificate of Origin
    d. ATV (Authorization to Verify)
    e. Product Passport
    f. Seller’s Certificate of Incorporation
    g. Q88 (Vessel Questionnaire 88) and other shipping documents
    h. Bill of Lading
    i. SGS or BV Report at Loading Port
    j. Export License
    k. Dip Test Authorization (DTA)
    l. Authorization to Board (ATB)
    m. Copies of Charter Party Agreement(s) for product transfer to the discharge port
    n. Notice of Readiness (NOR) / Estimated Time of Arrival (ETA)
  9. The Buyer conducts a dip test on the vessel.
  10. Upon confirmation that the dip test results match product specifications, the Buyer sends the Injection Report to the Seller.
  11. Once the Injection Report is confirmed, the Buyer transfers the full payment for the injected product via MT103/202 to the Seller’s designated bank account.
  12. After receiving the payment, the Seller transfers ownership title to the Buyer, and the vessel proceeds to the Buyer’s port of destination.
  13. The next shipment will occur as per the contract
 

**************************************

Or Procedure No. 3 


TRANSACTION PROCEDURE (FOB): To Ain Sokhna – Egypt

 

  1. The Buyer issues an LOI with CIS
  2. The Seller issues the SCO with CIS
  3. The Buyer issues ICPO/TSA/POF (bank Statement print screen with attorney attestation letter or signed and stamped by the CEO to our CEO only).
  4. The Seller issues a Sales and Purchase Agreement (SPA) to the Buyer, and both parties sign and lodge it with their banks.
  5. The Buyer’s bank provides a pre-advice SBLC via SWIFT MT705 for the first lift of 100,000 MT together with an RWA MT799 (that covers the SBLC).
  6. The Seller’s bank responds with a 2% Performance Bank Guarantee (PBG) of the SBLC’s monthly value.
  7. Within five (5) banking days, the Buyer’s bank issues the SBLC via SWIFT MT760 service from Top 50 EU/US Bank or a true Top 25 corresponding EU bank to the Seller’s bank account.
  8. The Seller loads the first vessel with 100,000 MT, providing the following documents to the Buyer within 3-15 working days:          a. Commitment to Supply
    b. Statement of Availability of Product
    c. Certificate of Origin
    d. ATV (Authorization to Verify)
    e. Product Passport
    f. Seller’s Certificate of Incorporation
    g. Q88 (Vessel Questionnaire 88) and other shipping documents
    h. Bill of Lading
    i. SGS or BV Report at Loading Port
    j. Export License
    k. Dip Test Authorization (DTA)
    l. Authorization to Board (ATB)
    m. Copies of Charter Party Agreement(s) for product transfer to the discharge port
    n. Notice of Readiness (NOR) / Estimated Time of Arrival (ETA)
  9. The Buyer conducts a dip test on the vessel.
  10. Upon confirmation that the dip test results match product specifications, the Buyer sends the Injection Report to the Seller.
  11. Once the Injection Report is confirmed, the seller sends the NOR to the Buyer, and the vessel proceeds to the Buyer’s port of destination.
  12. When the vessel arrives at the Buyer’s port of destination, the Buyer can conduct a dip test on the vessel (option), and after the test result, the Buyer transfers the full payment for the injected product via MT103/202 to the Seller’s designated bank account.
  13. After receiving the payment, the Seller transfers ownership title to the Buyer, and the unloading of the vessel starts.
  14. The next shipment will occur as per the contract

***

For further information, technical details, or to initiate discussions, please get in touch with info@gubsoil.com.
Direct inquiries may also be addressed to Dr Ryan at +31 – 61 666 1606.

We look forward to building long-term partnerships based on transparency, reliability, and mutual benefit.

]]> https://www.gubsoil.com/en-590-10-ppm-fob-ain-sokhna-egypt/feed/ 0 ULSD FOB Houston – TTM https://www.gubsoil.com/ulsd-fob-houston-ttm/ Thu, 15 Jan 2026 15:03:55 +0000 https://www.gubsoil.com/?p=4136

Ref: JPC

To: Buyer

Dear Sir, Madam,

We are GUBS Oil companies on behalf of the supplier that are registered in the USA, with a strong database to resell petroleum products, operating in good standing with our governments and Refinery allocations. We confirm that our partner is ready, able and willing to re-route the refined petroleum product at any safe Port via Pipeline to Vessel as below:
COMMODITY:  

 

DELIVERY AND TERMS OF PAYMENT
Commodity: Ultra Low Sulphur Diesel (ULSD)
Origin: USA 
Specification: Standard Ultra Low Sulphur Diesel (ULSD)
Annual Quantity: 60,000,000 Gallons Monthly 
Duration of Contract: 12-month Contract, Shipping Schedule
Shipping Terms: FOB Houston – Pipeline Procedure / Shore Tank to vessel 
Packing: In Bulk
Price: AATGY00 minus $0.10/gal ≈ AATGY00 (minus ~$30 per MT)
Inspection: SGS or Equivalent

Transaction Procedure

1. Buyer issues ICPO + CIS + CPA to the Seller.
2. Seller issues the Proforma Invoice (PI).
3. Buyer provides a Bank-to-Bank Proof of Funds (POF) from a top-tier bank or a commitment letter from the Buyer’s attorney to the Seller’s attorney.
4. The Seller presents the Allocation Letter issued by the refinery at his office in Houston, along with past performance documents.
5. The Parties sign the SPA.
6. Buyer’s bank issues an Irrevocable DLC in favor of the Seller.
7. Seller issues the PPOP and the Laycan window. Buyer nominates the vessel and submits the Q88.
8. The product is injected into the Buyer’s nominated vessel.
9. Final Q&Q inspection is conducted by the Buyer.
10. Seller issues the Commercial Invoice based on the final Q&Q results.
11. DLC will be executed when the vessel is fully loaded, and all load documents (POP) are provided to the bank and bank-approved.
12. Title transfer at the loading port in accordance with FOB Houston Incoterms 2020.

For further information, technical details, or to initiate discussions, please get in touch with info@gubsoil.com.
Direct inquiries may also be addressed to Dr Ryan at +31 – 61 666 1606.

We look forward to building long-term partnerships based on transparency, reliability, and mutual benefit.

]]> Our Holdind https://www.gubsoil.com/our-holding/ Fri, 26 Dec 2025 16:31:51 +0000 https://www.gubsoil.com/?p=3836

OUR HOLDING

Where Energy Excellence Meets Global Trade

ABOUT OUR COMPANY

Al Hayat Co


Al Hayat International Company is one of the leading companies in Iraq, specializing in the import and distribution of medical equipment, pharmaceuticals, and healthcare supplies. The company was established to meet the growing needs of the healthcare sector in Iraq by providing high-quality products that comply with international standards.

Our Vision
To be the most trusted partner in the healthcare sector in Iraq by offering innovative products and services that enhance the quality of healthcare for the community.

Our Mission
Supplying the latest medical equipment and pharmaceuticals to ensure excellent healthcare services.
Strengthening partnerships with healthcare institutions to efficiently meet their needs.
Committing to the highest standards of quality and safety in all our operations.

Our Services
Medical Equipment Supply: Providing a wide range of modern medical devices and supplies for hospitals and clinics.
Pharmaceutical Import: Sourcing high-quality medicines from globally recognized pharmaceutical companies.
After-Sales Services: Offering technical support and regular maintenance to ensure the efficiency of medical equipment.

Our Values
Integrity: Maintaining transparency and credibility in all our dealings.
Quality: Delivering products and services that meet the highest global quality standards.
Innovation: Continuously seeking new solutions and technologies to improve our services.
Teamwork: Fostering collaboration and teamwork to achieve our shared goals.

Contact Information
Address: Basrah, Iraq
Phone: +7711111748 – +7801029400
Email: alhayatco45@gmail.com

At Al Hayat International Company, we believe that healthcare is a fundamental right for everyone. We are committed to providing the best products and services to support this right and ensure the health and safety of our community.

ABOUT OUR COMPANY

Al Dar
Diesel Trading FZE

Al Dar Diesel Trading FZC is a Free Zone Company established on January 22, 2009, in the United Arab Emirates. The company operates under the business name and is currently active. Its registered address is Plot No. OLG-21, under the jurisdiction of the Hamriyah Free Zone Authority. The company is led by contact person Abdullatif A Khalaf 

Al Dar Diesel Trading FZC specializes in the trading of premium quality diesel and low-sulfur automotive diesel for high-speed diesel-powered engines. The company’s core activity is to supply these diesel products to wholesalers, retailers, and end-users in a competitive business environment. They cater to a prestigious client portfolio that includes manufacturing and heavy industries, food processing facilities, shipping and logistics providers, transportation companies, hotels, construction projects, real estate companies, and housing projects.

Vision

To become a leading distributor of diesel and related products by offering the utmost quality in a sustainable environment.

Mission

To develop a prestigious client portfolio by meeting their demands, streamlining their daily operations, and enabling their businesses to be more efficient and cost-effective. The company aims to exceed client expectations by offering outstanding quality products and excellent customer service, increased flexibility, and greater value to achieve their goals and objectives by optimizing operational efficiency.

Values

Customer Focus
Time-Bound
Cost-Effective
Transparency
Credibility
Safer Environment
Services

Quality Products: Al Dar Diesel Trading FZC is well-equipped with experienced staff, tailor-made solutions, and storage facilities to meet deadlines in a competitive business environment. Quality products and time-bound service are the essence of their business.

Long-Term Experience: The company has the infrastructure, long-term experience, and expertise to ensure that clients receive the most effective and professional service. Their current storage facilities and fleet are ready to fulfill customer needs for uninterrupted supply.

Storage Facilities: Conveniently located with their own storage facilities and fleet of vehicles, they cater to clients promptly and timely with highly competitive prices.

Transportation: They undertake bulk diesel supply and emergency services all over the UAE via their own fleet of road tankers. The facilities are in full compliance with environmental norms to prevent pollution in storage and transportation as per standards.

Contact Information

Address: Plot No. OLG-21, Hamriyah Free Zone, United Arab Emirates
Phone: +971 4 3336446
Email: info@aldartrading.ae
Al Dar Diesel Trading FZC is committed to sustainable development and aims to be part of the global solution in their operations and practices.

ABOUT OUR COMPANY

Witte Brug
Export & Import

Witte Brug Export & Import is registered under the Chamber of Commerce (KVK) number 53696492 and is a premier trading company based in the Netherlands, specializing in the export and import of high-quality goods across multiple industries. With years of expertise in global trade, we bridge international markets, ensuring seamless transactions, reliable sourcing, and efficient logistics.

Our Services
We provide end-to-end trade solutions, including:
✅ Import & Export: Sourcing and distributing a diverse range of products worldwide.
✅ Logistics & Supply Chain Management: Ensuring timely and cost-effective delivery.
✅ Customs Clearance: Handling all regulatory and compliance processes smoothly.
✅ Wholesale Trading: Supplying bulk products to businesses and retailers.

Industries We Serve
🌍 Agricultural Products – Fresh produce, dairy, grains, and more.
🏗 Construction Materials – Cement, timber, and industrial supplies.
🛒 Consumer Goods – Electronics, home essentials, and textiles.
🚚 Automotive & Machinery – Spare parts and heavy-duty equipment.

Why Choose Us?
✔ Reliable Network: Strong partnerships with trusted suppliers and buyers.
✔ Competitive Pricing: High-quality products at affordable rates.
✔ Fast & Secure Shipping: Efficient logistics for timely delivery.
✔ Customer-Centric Approach: Dedicated support for all your trade needs.

Contact Us
📍 Location: Hazendijk 81, 3079 PE Rotterdam, Netherlands
📞 Phone: +31684368676 – +31687215689
📧 Email: info@witte-brug.nl

At Witte Brug Export & Import, we connect businesses globally with premium products and exceptional trade services. Let’s build successful partnerships together!

 

ABOUT OUR COMPANY

Al Makarim
Diesel Fuel Trading LLC

Al Makarim Diesel Fuel Trading LLC is a leading fuel trading company based in the United Arab Emirates, specializing in the distribution of high-quality diesel and related petroleum products. The company caters to a diverse clientele across various sectors, including marine, transportation, construction, and industrial operations.

Vision
To be the most preferred energy partner in the region and internationally, providing reliable and efficient fuel solutions that drive economic growth and sustainability.

Mission
To understand and fulfill customer requirements in the most efficient way, ensuring high-quality products and exceptional service that contribute to the success of our clients’ operations.

Values
Customer Focus: Prioritizing the needs and satisfaction of our clients.
Integrity: Conducting business with honesty and transparency.
Reliability: Ensuring consistent and timely delivery of products.
Sustainability: Committing to environmentally responsible practices.
Products and Services

Diesel Fuel: Supplying premium quality, low-sulfur automotive diesel fuel suitable for high-speed diesel-powered engines, generator sets, and other industrial applications.

Fuel Oil: Offering a range of residual fuel oils for various industrial uses, including marine engines, boilers, furnaces, and large central heating applications.

Kerosene: Providing superior-grade kerosene used for heating, lighting, refrigeration, and other industrial applications.

Lubricants: Catering to all types of lubricating requirements, including automotive, industrial, marine, and specialty products.

Bunker Supplies: Delivering a range of distillate fuels, such as diesel and marine diesel oil (MDO), for use in auxiliary engines, as well as residual fuels like intermediate fuel oil for main engines.

Transportation Services: Equipped with a fleet of road tankers, we undertake the bulk overland transportation of fuel for various oil companies within the UAE and across GCC countries.

Storage Facilities
Al Makarim Diesel Fuel Trading LLC boasts substantial storage capacity with well-equipped infrastructure to meet the demands of a competitive business environment. Our facilities are in full compliance with environmental norms to prevent pollution during storage and transportation, adhering to industry standards.

Transportation
With our own fleet of vehicles, we deliver a broad range of oil products across the UAE and internationally. Our transportation services are designed to ensure timely and efficient delivery, even on short notice during emergencies.

Contact Information
Address: Horizon Tower, D-block, Office No.601, Rashidiya 1, Ajman, UAE, PO Box: 231120
Phone: +971 52 119 8774 / +971 6 544 1010
Email: info@makfueltrading.com

]]> methanol https://www.gubsoil.com/methanol/ Fri, 26 Dec 2025 14:32:05 +0000 https://www.gubsoil.com/?p=3696

metanol

Where Energy Excellence Meets Global Trade

GUBS Oil Company is a specialized supplier providing high-quality, reliable methanol in Dubai, adhering to stringent international standards for various industrial applications.

Why Choose GUBS Oil Company for Your Methanol Needs?

Quality You Can Trust
At GUBS Oil Company, our methanol is sourced exclusively from reputable manufacturers, ensuring superior quality and dependable performance for all applications.

Wide Range of Applications
Methanol is a vital chemical used across numerous industries, including:

  • Chemical Production: A key raw material for producing formaldehyde, acetic acid, and other essential chemicals.

  • Energy Sector: Used as a fuel and in fuel blending to support cleaner-burning energy solutions.

  • Pharmaceuticals: Plays an important role in the synthesis of various medicines and pharmaceutical products.

  • Automotive Industry: Commonly used in antifreeze, windshield washer fluid, and as a fuel additive.

  • Plastics and Resins: Essential in the manufacturing of resins and plastics used in a wide range of products.

 

]]> diesel https://www.gubsoil.com/diesel/ Fri, 26 Dec 2025 14:18:53 +0000 https://www.gubsoil.com/?p=3673

DIESEL

Where Energy Excellence Meets Global Trade

Procedures:

Procedure 1: EN590-10 PPM FOB FUJAIRAH

Procedure 2: ULSD FOB HOUSTON – TTM  

Procedure 3: En590-10 PPM CIF Rotterdam

Procedure 4: EN 590 (10 ppm) FOB Ain Sokhna – Egypt

]]> EN590 10 PPM CIF Rotterdam https://www.gubsoil.com/en590-10-ppm-cif-rotterdam/ Fri, 26 Dec 2025 14:16:15 +0000 https://www.gubsoil.com/?p=3686

Ref: Rickard Fus
SOFT CORPORATE OFFER

To: End Buyer
We, GUBS OIL Company, on behalf of our supplier, hereby state and represent that it is our corporate intention to sell commodity EN590 10ppm (ULSD) in the quantity and for the price as specified in the Terms and Conditions stated below. This representation is made with full corporate authority and responsibility:

COMMODITY: EN590 10ppm (ULSD) 

ORIGIN: European Refinery with Barcode and customs documents

SPECIFICATIONS: EN590 10ppm (see Appendix 1) 

TOTAL/CONTRACT QUANTITY: First lift 100.000 MT, then up to 300.000 MT per month in 12 months. Extension possible. 

PACKAGING: Bulk 

DELIVERY SIZE: 100.000 -300.000 MT +/- 5% (One vessel) 

DELIVERY SCHEDULE: Delivery schedule in the SPA 

MODE OF PAYMENT: 

1. REGULAR S.P.A. ARDLC MT700 for the monthly Value for 12 months, then after loading MT103/202

2. REGULAR S.P.A. SBLC MT760 for the monthly Value for 12 months +1 day, then after loading MT103/202

3. REGULAR S.P.A. SBLC MT760 for the monthly Value for 12 months +1 day, then on delivery to the receiving Port, MT103/202.

MODE OF SECURE LOGISTIC SERVICE: T.B.A.

TARGET PRICE:
*** 200,000 MT: Price minus -$15 USD per MT CIF NWE Platt  (3 days average)

LOADING SEA PORT: European Refineries 

UNLOADING SEA PORT: Rotterdam or other European ports

INSPECTION: SGS, BV or Similar Organisation

DOCUMENTS: FOR RELEASE PAYMENT ON DELIVERY TO VESSEL: T.B.A. at S.P.A.

Procedure 1.

TRANSACTION PROCEDURE CIF –  To Rotterdam Port 

       **************************************

  1. The Buyer issues an LOI with CIS
  2. The Seller issues the SCO with CIS
  3. The Buyer issues the ICPO / TSA / POF (bank Statement print screen with an attorney attestation letter or signed and stamped by the CEO to our CEO).
  4. The Seller issues SPA with the first lift of 100,000 MT and regular deliveries at up to 300,000 MT per month in a minimum 12-month contract.
  5. The Buyer and Seller sign the SPA and lodge it with their banks, and the Buyer’s bank issues Pre-Advise ARDLC SWIFT MT705 to the Seller’s bank and RWA MT799 (confirm ARDLC MT700) to the Seller’s Bank. The Seller’s bank, upon receiving the Pre-Advice ARDLC Swift MT705, responds with 2% PBG of the monthly ARDLC value to the Buyer’s Bank.
  6. Within five (5) banking days, Buyer Bank will issue ARDLC SWIFT MT700 service from a Top 50 EU/US Bank or true Top 25 EU corresponding bank to Seller’s Bank account.
  7. The Seller loads the first vessel with 100,000 MT, providing the following documents to the Buyer within 3-15 working days:
              a. Commitment to Supply
              b. Statement of Availability of Product
              c. Certificate of Origin
              d. ATV (Authorization to Verify)
              e. Product Passport
              f. Seller’s Certificate of Incorporation
              g. Q88 (Vessel Questionnaire 88) and other shipping documents
              h. Bill of Lading
              i. SGS Report at Loading Port
              j. Export License
              k. Dip Test Authorization (DTA)
              l. Authorization to Board (ATB)
              m. Copies of Charter Party Agreement(s) for product transfer to the discharge port
              n. Notice of Readiness (NOR) / Estimated Time of Arrival (ETA)
  8. The Buyer schedules a Quality & Quantity (Q&Q) dip test by SGS or BV in the seller’s vessel (optional). The Buyer conducts a dip test on the vessel.
  9. Upon confirmation that the dip test results match product specifications, the Buyer sends the Injection Report to the Seller.
  10. Once the Injection Report is confirmed, the Buyer transfers the full payment for the injected product via MT103/202 within 24 hours to the Seller’s designated bank account.
  11. After receiving the payment, the Seller transfers ownership title to the Buyer, and the vessel proceeds to the Buyer’s port of destination.
  12. The Seller delivers the next shipment as per the SPA terms and conditions

    **************************************

Or Procedure No. 2 


TRANSACTION PROCEDURE (CIF): to Rotterdam Port 

  1. The Buyer issues an LOI with CIS
  2. The Seller issues the SCO with CIS
  3. The Buyer issues ICPO / TSA / POF (bank Statement print screen with an attorney attestation letter or signed and stamped by the CEO to our CEO only).
  4. The Seller issues a Sales and Purchase Agreement (SPA) to the Buyer, and both parties sign and lodge it with their banks.
  5. The Buyer’s bank provides a pre-advice SBLC via SWIFT MT705 for the first lift of 100,000 MT together with an RWA MT799 (that covers the SBLC).
  6. The Seller’s bank responds with a 2% Performance Bank Guarantee (PBG) of the SBLC’s monthly value.
  7. Within five (5) banking days, the Buyer’s bank issues the SBLC via SWIFT MT760 service from a Top 50 EU/US Bank or true a Top 25 corresponding EU bank to the Seller’s bank account. 
  8. The Seller loads the first vessel with 100,000 MT, providing the following documents to the Buyer within 3-15 working days:

              a. Commitment to Supply
              b. Statement of Availability of Product
              c. Certificate of Origin
              d. ATV (Authorization to Verify)
              e. Product Passport
              f. Seller’s Certificate of Incorporation
              g. Q88 (Vessel Questionnaire 88) and other shipping documents
              h. Bill of Lading
              i. SGS or BV Report at Loading Port
              j. Export License
              k. Dip Test Authorization (DTA)
              l. Authorization to Board (ATB)
              m. Copies of Charter Party Agreement(s) for product transfer to the discharge port
              n. Notice of Readiness (NOR) / Estimated Time of Arrival (ETA)

  9. The Buyer conducts a dip test on the vessel. 
  10. Upon confirmation that the dip test results match product specifications, the Buyer sends the Injection Report to the Seller. 
  11. Once the Injection Report is confirmed, the Buyer transfers the full payment for the injected product via MT103/202 to the Seller’s designated bank account. 
  12. After receiving the payment, the Seller transfers ownership title to the Buyer, and the vessel proceeds to the Buyer’s port of destination. 
  13. The next shipment will occur as per the contract
 

         **************************************

Or Procedure No. 3 


TRANSACTION PROCEDURE (CIF): to Rotterdam Port  

  1. The Buyer issues an LOI with CIS
  2. The Seller issues the SCO with CIS
  3. The Buyer issues ICPO/TSA/POF (bank Statement print screen with attorney attestation letter or signed and stamped by the CEO to our CEO only). 
  4. The Seller issues a Sales and Purchase Agreement (SPA) to the Buyer, and both parties sign and lodge it with their banks. 
  5. The Buyer’s bank provides a pre-advice SBLC via SWIFT MT705 for the first lift of 100,000 MT together with an RWA MT799 (that covers the SBLC). 
  6. The Seller’s bank responds with a 2% Performance Bank Guarantee (PBG) of the SBLC’s monthly value. 
  7. Within five (5) banking days, the Buyer’s bank issues the SBLC via SWIFT MT760 service from Top 50 EU/US Bank or a true Top 25 corresponding EU bank to the Seller’s bank account. 
  8. The Seller loads the first vessel with 100,000 MT, providing the following documents to the Buyer within 3-15 working days:

              a. Commitment to Supply
              b. Statement of Availability of Product
              c. Certificate of Origin
              d. ATV (Authorization to Verify)
              e. Product Passport
              f. Seller’s Certificate of Incorporation
              g. Q88 (Vessel Questionnaire 88) and other shipping documents
              h. Bill of Lading
              i. SGS or BV Report at Loading Port
              j. Export License
              k. Dip Test Authorization (DTA)
              l. Authorization to Board (ATB)
              m. Copies of Charter Party Agreement(s) for product transfer to the discharge port
              n. Notice of Readiness (NOR) / Estimated Time of Arrival (ETA)

  9. The Buyer conducts a dip test on the vessel. 
  10. Upon confirmation that the dip test results match product specifications, the Buyer sends the Injection Report to the Seller. 
  11. Once the Injection Report is confirmed, the seller sends the NOR to the Buyer, and the vessel proceeds to the Buyer’s port of destination. 
  12. When the vessel arrives at the Buyer’s port of destination, the Buyer can conduct a dip test on the vessel (option), and after the test result, the Buyer transfers the full payment for the injected product via MT103/202 to the Seller’s designated bank account. 
  13. After receiving the payment, the Seller transfers ownership title to the Buyer, and the unloading of the vessel starts.
  14. The next shipment will occur as per the contract

***

For further information, technical details, or to initiate discussions, please get in touch with info@gubsoil.com.
Direct inquiries may also be addressed to Dr Ryan at +31 – 61 666 1606.

We look forward to building long-term partnerships based on transparency, reliability, and mutual benefit.

]]> en590 10-ppm tto https://www.gubsoil.com/en590-10-ppm-tto/ Fri, 26 Dec 2025 14:13:19 +0000 https://www.gubsoil.com/?p=3682

Ref: Ex TTO 2

To: Buyer

Dear Sir, Madam,

We are GUBS Oil on behalf of title holder companies registered in the UK and USA, with a strong database to resell petroleum products, operating in good standing with our governments and Refinery allocations. We confirm that Exodus is ready, able and willing to re-route the refined petroleum product at any safe Port via Tank Take Over as per below:
COMMODITY: DIESEL GAS OIL EN590 (10 PPM Specification: “As per Exhibit-1, Attached”    

Commodity: DIESEL GAS OIL EN590 (10 PPM)

Origin: Non-Sanction Countries

Specification: Standard En590-10 PPM (Attached)

Annual Quantity: 100,000 MT Monthly

Duration of Contract: 12-month Contract, Shipping Schedule: as per “Exhibit-2”, attached

Shipping Terms: Tanker Take Over (TTO)

Packaging: In Bulk

Price: Price minus $60 USD NWE platt
Commission: $5 USD seller side (closed), $5 USD buyer side (open)

Inspection: SGS or Equivalent

Payment Method:By MT103 SWIFT upon successful SGS Inspection at the Vessel in the nearest Safe Port

TTO TRANSACTION PROCEDURES TERMS & CONDITIONS

  1. The Buyer issues an official ICPO with their banking details and Certificate of Company Registration. And Buyer’s Passport Copy.
  2. The Seller issues a Draft Contract SPA (Sales and Purchase Agreement), Addendum Agreement and CI (commercial Invoice), along with the Seller’s KYC /CIS, and both parties are to sign within 48 hours. Buyer signs and returns it along with a POF (BCL/RWA) bank-to-bank for the contractual agreement within 48 hours.
  3. The Seller provides the Product’s Proof of Product Documents (POP) in the Seller’s company name as listed below:
    – Product Passport
    – Certificate of Origin
    – Product Specification Sheet (Spec Sheet)
    – Vessel IMO Number
    – Export License
    – Commitment to Supply
    – Q88
    – ATSC.
  4. The Seller issues an Authority to Board (ATB) and Verification Authorization, granting the Buyer or the Buyer’s appointed third-party inspector access to board and inspect the vessel within 48-72 hours. Buyer, at own cost, engages a recognized third-party inspection company (e.g., SGS, Saybolt, or Intertek) to conduct Quality & Quantity (Q&Q) verification at high sea, at the nearest safe location to the vessel within 24 hours.
  5. Upon successful Q&Q verification and confirmation of product conformity, Buyer remits payment via MT103 (SWIFT wire transfer) to Seller’s designated bank account as per SPA terms within 48-72 hours.
  6. Upon confirmed receipt of payment, the Seller issues: – Final Title Transfer, transferring full ownership of the product and all associated rights to the Buyer within 24-48 hours.
  7. Seller executes the 8. Seller’s Intermediaries and Buyer’s Mandates are compensated according to (IMFPA) lodged and acknowledged with the SPA within 72 hours after payment has been received by the seller.

 ********

Seller bank: Bank of America 

Address: 222 Broadway, New York 

SWIFT Code: BOFAUS3N

********

PLEASE TAKE NOTE:

If you accept the procedure and price, please issue loi and send me your CIS and company profile to: 

GUBS OIL 
Attn: Sales Manager 

Email: 
info@gubsoil.com

For further information, technical details, or to initiate discussions, please get in touch with info@gubsoil.com.
Direct inquiries may also be addressed to Dr. Ryan at +31 – 61 666 1606.

We look forward to building long-term partnerships based on transparency, reliability, and mutual benefit.

]]> EN590-10 PPM FOB FUJAIRAH https://www.gubsoil.com/en590-10-ppm-fob-fujairah/ Fri, 26 Dec 2025 14:09:36 +0000 https://www.gubsoil.com/?p=3678

SOFT CORPORATE OFFER – FOB FUJAIRAH


TTM is possible in the Seller’s office in Dubai  + past Performance + 2% PBG advance upon receiving MT705 Pre-advise

To: End Buyer

We, GUBS OIL as representative of supplier, hereby state and represent that it is our corporate intention to sell commodity EN590 10ppm (ULSD) in the quantity and for the price as specified in the Terms and Conditions stated below. This representation is made with full corporate authority and responsibility:

COMMODITY: EN590 10ppm (ULSD) 

ORIGIN: Saudi Arabia Refinery or Refinery in Middle East with Barcode and customs documents

SPECIFICATIONS: EN590 10ppm (see Appendix 1) 

TOTAL/CONTRACT QUANTITY: First lift 100.000 MT, then up to 300.000 MT per month in 12 months. Extension possible. 

PACKAGING: Bulk 

DELIVERY SIZE: 100.000 -300.000 MT +/- 5% (One vessel) 

DELIVERY SCHEDULE: Delivery schedule in the SPA 

MODE OF PAYMENT: 

The seller shall issue the initial 2% PBG upon receipt of the MT705 pre-advice from the buyer’s bank to the seller’s bank 

  1. REGULAR S.P.A. ARDLC MT700 for monthly Value for 12 months period, then on delivery MT103/202
  2. REGULAR S.P.A. SBLC MT760 for monthly Value for 12 months +1 day then on delivery MT103/202

MODE OF SECURE LOGISTIC SERVICE: T.B.A.

TARGET PRICE:

Target price: 3 days average price minus -$28 USD per MT from GULF FOB Platts code AAIDT00

LOADING SEA PORT: Fujairah Port, U.A.E.

UNLOADING SEA PORT: TBD

INSPECTION: SGS, BV or Similar Organisation

DOCUMENTS: FOR RELEASE PAYMENT ON DELIVERY TO VESSEL: T.B.A. at S.P.A.
*****

*****

*****

TRANSACTION PROCEDURE FOB – FUJAIRAH TANK TO VESSEL EN590 10ppm (ARDLC)

  1. The Buyer issue LOI with CIS
  2. The Seller issue SCO with CIS
  3. The Buyer issue ICPO and POF (bank Statement print screen with attorney attestation letter or sign and stamp by CEO to our CEO).
  4. The Seller issues Sales and Purchase Agreement (SPA) with the first lift of 100,000 MT and regular delivery of 100,000 MT per month in minimum 12 months contract to Buyer.
  5. The Buyer and Seller sign the SPA and lodge it with their banks and Buyer’s bank issues Pre-Advise SWIFT MT705 together with a RWA MT799 (confirm ARDLC MT700) to the Sellers Bank. The Seller’s bank upon receiving the Pre-Advice SWIFT MT705, responds with 2% PBG of the ARDLC monthly value to Buyer’s Bank.
  6. Within five (5) banking days, Buyer’s Bank will issue ARDLC SWIFT MT700 service from either a Top 50 EU/US bank or via Top 25 EU corresponding bank to Seller’s Bank account.
  7. Seller issues the full POP within 3-15 banking days including Fresh SGS and Unconditional Dip Test Authorization (UDTA) to the buyer.
  8. The Buyer schedules a Quality & Quantity (Q&Q) dip test by SGS in the seller’s tanks (optional) and issue CPA/Q88.
  9. Upon verification of the Proof of Product (POP), the buyer makes the payment MT103/202 within 24 hours and the seller provides the laycan date for product injection into buyer’s nominated vessel. After receiving 100% payment, the Seller will transfer title ownership to the buyer.
  10. The Seller delivers next shipment as per the SPA terms and conditions

    ******
    ******
    ******

TRANSACTION PROCEDURE FOB – FUJAIRAH TANK TO VESSEL EN590 10ppm (SBLC)

  1. The Buyer issue LOI with CIS
  2. The Seller issue SCO with CIS
  3. The Buyer issue ICPO and POF (bank Statement print screen with attorney attestation letter or sign and stamp by CEO to our CEO only).
  4. The Seller issues Sales and Purchase Agreement (SPA) for the first lift of 100,000 MT and regular delivery of 100,000 MT per month in minimum 12 months contract.
  5. The Seller and Buyer signs the SPA and lodges with their banks and Buyer’s bank issues Pre-Advise SWIFT MT705 together with a RWA MT799 (confirm SBLC MT760) to Seller’s Bank.
  6. The Seller’s bank upon receiving the Pre-Advice Swift MT705 responds with 2% PBG of the SBLC monthly value to Buyer’s Bank.
  7. Within five (5) banking days, Buyer’s Bank will issue SBLC SWIFT MT 760 service from either a Top 50 EU/US bank or via a Top 25 corresponding EU Bank to Seller’s Bank account.
  8. Seller issues the full POP within 3-15 working days including Fresh SGS and Unconditional Dip Test Authorization (UDTA) to the buyer.
  9. The Buyer schedules a Quality & Quantity (Q&Q) dip test by SGS in the seller’s tanks (optional) and issue CPA/Q88.
  10. Upon verification of the Proof of Product (POP), the buyer makes the payment MT103/202 within 24 hours and the seller provides the laycan date for product injection into buyer’s nominated vessel.
  11. After receiving 100% full payment, the Seller transfers ownership title to the Buyer.
  12. The Seller delivers next shipment as per the SPA terms and conditions.

    *******
    *******
    *******

Declaration

We, the undersigned Buyer, hereby confirm full acceptance of the stated procedures and agreed price and affirm our readiness and commitment to proceed accordingly by issuing an Irrevocable Corporate Purchase Order (ICPO) with POF or an MT705 Pre-Advice for an RDLC, or an MT799 Pre-Advice for an SBLC, followed by the issuance of a Documentary Letter of Credit (DLC) or Standby Letter of Credit (SBLC) from a Top 50 international bank in strict compliance with the agreed terms.

Buyer Company:……………..

CEO: …………….

If you accept the procedure and price, please confirm which procedure is suitable for you. Then, kindly send your CIS and company profile to our email, and we will provide you with the ICPO draft.

GUBS OIL 
Attn: Sales Manager 
info@gubsoil.com

More information: +31-61-666-1606   Dr. Ryan

]]> en590 10ppm cif dlc non transfferable https://www.gubsoil.com/en590-10ppm-cif-dlc-non-transfferable/ Fri, 26 Dec 2025 13:57:38 +0000 https://www.gubsoil.com/?p=3674

Ref: Ex OIl 

To: End Buyer

Dear Sir, Madam,

We, GUBS Oil, on behalf of the Title holder and Supplier, a company incorporated in the Netherlands, confirm that we are ready, willing and able to  supply the following commodities in terms and conditions below:

COMMODITY: DIESEL GAS OIL EN590 (10 PPM)

 

Specification: “As per Exhibit-1, Attached”                  

DELIVERY AND TERMS OF PAYMENT

 Commodity:

 DIESEL GAS OIL EN590 (10 PPM)

 Origin:

 Non-Sanction Countries 

 Specification:

 Standard En590-10 PPM (Attached) 

 Annual Quantity:

 100,000 MT Monthly 

 Duration of Contract:

 12-month Contract, Shipping Schedule: as per “Exhibit-2”, attached

 Shipping Terms:

 CIF Port of  Any Safe World Ports (ASWP)

 Packing:

 In Bulk

 Price:

 

 Commission

 Minus $60 USD  per MT NEW Platt

 

$5 USD seller side (closed), $5 USD buyer side (open)

 Inspection:

 SGS or Equivalent

 Payment Method:

 

 Payment Guarantee:

 

 

 

 

By MT103 SWIFT upon successful SGS  Inspection at the Discharge Port

By DLC/MT700–SBLC/MT760 issued for the value of one-month shipment of 100,000 MT, valid for the duration of the contract.

The DLC/SBLC will be Non-operative, to be operative automatically by the Seller’s 3% Performance Bond (PB). DLC/SBLC should be Irrevocable, Revolving, Non-transferable, issued or confirmed by one of the top 50 world banks.

 

CIF TRANSACTION PROCEDURES, TERMS & CONDITIONS

 1.  The Buyer signs the SCO, which includes the agreed procedure in the ICPO on the company’s official letterhead, completes all company and banking information, signs/stamps, and sends both documents back to Exodus Energy Group along with the following:                                                            ·       Company Profile (including year of establishment, founders, and a history of major completed projects)

·       CIS

·       Passport copy of the company’s authorized signatory

·       Certificate of Registration

2.    The Seller issues the Sales and Purchase Agreement (SPA), Proforma Invoice (PI), and Addendum.

·       The Buyer reviews, amends (if necessary), signs, and returns them in Word format to the Seller within three (3) banking days.

·       The Seller submits the signed SPA, PI, and Addendum via secured email to the Buyer.

·      The Buyer may provide Proof of Funds (POF) via SWIFT MT199 or MT799, or issue an MT705 Pre-Advice for an RDLC, or an MT799 Pre-Advice directly for an SBLC.

3.    The Seller submits the following documents:

·       Product Certificate of Origin

·       Commitment Letter to Supply

·       Statement of Product Availability in Storage

·       Legalized copy of a fully endorsed Proforma Invoice for the trial lift quantity

4.  Within ten (10) working days of signing the SPA, the Buyer’s bank issues a Non-Operative, Irrevocable, Non-Transferable, Revolving, and Confirmed DLC/MT700 or SBLC/MT760 (covering the value of the first-month shipment) with full bank responsibility via SWIFT MT700 or MT760 to the Seller’s bank.

The instrument becomes automatically operative upon the Seller’s issuance of a 3% Performance Bond. The Buyer provides the Seller with a SWIFT copy.

5.    Within five (5) banking days of accepting the DLC/SBLC, the Seller’s bank issues the 3% Performance Bond, making the DLC/SBLC operative.

6.    Within 5–15 working days after confirmation and acceptance of the Buyer’s DLC, the Seller commences loading and issues full POP/shipping documents as listed below (with legalized SPA) to the Buyer’s company via bank-to-bank and email copies.

The Buyer shall officially notify the Seller upon receipt of the Seller’s full POP/shipping documents.

Documents include:
a. Export License issued by the Ministry of Petroleum and Energy
b. Approval to Export issued by the Ministry of Justice
c. Port Storage Agreement / Insurance
d. Certificate of Origin
e. Product Passport
f. Statement of Product Availability
g. Commercial Invoice
h. Charter Party Agreement
i. Customs Clearance Certificate
j. Tank Receipt issued by the storage facilitator
k. Fresh SGS Report or equivalent at loading port
l. Vessel Q88
m. Bill of Lading
n. Cargo Manifest
o. DTA & ATB
p. NOR / ETD

7.    Shipment commences as scheduled in the contract. Upon receipt of full POP documents, the Buyer provides the Seller with logistics details (TSR or Vessel Q88) and other necessary requirements to enable Buyer’s SGS/CIQ to conduct a dip test upon vessel arrival at the discharge port.

8.    The Seller provides the Buyer with DTA for immediate inspection by the Buyer’s SGS/CIQ agent. Within two (2) working days of vessel arrival at the discharge port, the Buyer’s inspection team conducts SGS/CIQ (or equivalent) inspection to verify the product’s quality and quantity.

9.    Upon successful SGS/CIQ inspection by the Buyer, the Buyer’s bank releases payment for the total shipment value via SWIFT fund transfer (MT103/TT) within two (2) banking days of the SGS report issuance at the discharge port.

The product is then discharged into the Buyer’s destination storage facility, and title ownership is transferred to the Buyer.

10. The Seller pays all intermediaries involved in the transaction as per the signed NCNDA/IMFPA within seventy-two (72) hours.

 

11.  Monthly shipments continue as per the signed SPA, and payments are made against successful SGS/CIQ or equivalent inspection via TT/MT103.

 

 ********

Seller bank: Bank of America 

Address: 222 Broadway, New York 

SWIFT Code: BOFAUS3N

 

 

 PLEASE TAKE NOTE:

Declaration and Non-Performance

We, the undersigned Buyer, hereby confirm full acceptance of the stated procedures and agreed price and affirm our readiness and commitment to proceed accordingly by issuing an Irrevocable Corporate Purchase Order (ICPO) with bank-to-bank Proof of Funds (POF) via SWIFT MT199 or MT799, or an MT705 Pre-Advice for an RDLC, or an MT799 Pre-Advice for an SBLC, followed by the issuance of a Documentary Letter of Credit (DLC) or Standby Letter of Credit (SBLC) from a Top 50 international bank in strict compliance with the agreed terms; failure by the Buyer, after execution of the ICPO, SPA, and CI, to provide bank-to-bank POF within seven (7) banking days and/or to issue the agreed DLC/SBLC within fourteen (14) banking days shall constitute non-performance, in which event the Seller reserves the right to claim USD 500,000 as non-performance compensation and to report the Buyer to relevant ports, trade authorities, and industry counterparts, without prejudice to any other rights or remedies available.

Buyer Company:……………..
CEO: …………….

If you accept the procedure and price, please issue loi and send it with your CIS and company profile to: 

GUBS OIL
info@gubsoil.com

More information: +31-61-666-1606   Dr. Ryan

 

]]> jetfuel a1 d6 cif dlc sblc non transferrable https://www.gubsoil.com/jetfuel-a1-d6-cif-dlc-sblc-non-transferrable/ https://www.gubsoil.com/jetfuel-a1-d6-cif-dlc-sblc-non-transferrable/#respond Fri, 26 Dec 2025 13:47:27 +0000 https://www.gubsoil.com/?p=3666

Ref: Ex CIF

To: End Buyer

Dear Sir, Madam,

We, GUBS OIL, On Behalf of the Title holder and Supplier, a company incorporated in the Netherlands, confirm that we are ready, willing and able to  supply the following commodities in terms and conditions below:

COMMODITY:   Jet Fuel A1 & D6

DELIVERY AND TERMS OF PAYMENT

 Commodity:

 Jet Fuel A1 & D6

 Origin:

 Non-Sanction Countries 

 Specification:

 Standard Specifications 

 Annual Quantity:

Jet Fuel A1: 2,000,000 Barrels Monthly 

 D6: 100,000,000 Gallons Monthly

 Duration of Contract:

 12-month Contract

Shipping Terms:

 CIF Port of  Any Safe World Ports (ASWP)

 Packing:

 In Bulk

 Price:

 Commission

 Jet Fuel A1: Price minus US$5  per Barrels Gross / Price minus US$6  per Barrels Net

 $0.50 USD seller side (closed), $0.50 USD buyer side (open)

 D6:  Price minus US$0.06  per gallon Gross / Price minus US$0.08  per gallon Net

 $0.01 USD seller side (closed), $0.01 USD buyer side (open)

 Inspection:

 SGS or Equivalent

 Payment Method:

 

 Payment Guarantee:

 

By MT103 SWIFT upon successful SGS  Inspection at the Discharge Port

By DLC/MT700–SBLC/MT760 issued for the value of one-month shipment, valid for the duration of the contract.

The DLC/SBLC will be Non-operative, to be operative automatically by the Seller’s 3% Performance Bond (PB). DLC/SBLC should be Irrevocable, Revolving, Non-transferable, issued or confirmed by one of the top 50 world banks.

 CIF TRANSACTION PROCEDURES, TERMS & CONDITIONS

  1. The Buyer signs the SCO, which includes the agreed procedure in the ICPO on the company’s official letterhead, completes all company and banking information, signs/stamps, and sends both documents back to Exodus Energy Group along with the following:
    • Company Profile (including year of establishment, founders, and a history of major completed projects)
    • CIS
    • Passport copy of the company’s authorized signatory
    • Certificate of Registration
  2. The Seller issues the Sales and Purchase Agreement (SPA), Proforma Invoice (PI), and Addendum.
  • The Buyer reviews, amends (if necessary), signs, and returns them in Word format to the Seller within three (3) banking days.
  • The Seller submits the signed SPA, PI, and Addendum via secured email to the Buyer.
  • The Buyer may provide Proof of Funds (POF) via SWIFT MT199 or MT799, or issue an MT705 Pre-Advice for an RDLC, or an MT799 Pre-Advice directly for an SBLC.
  1. The Seller submits the following documents:
    • Product Certificate of Origin
    • Commitment Letter to Supply
    • Statement of Product Availability in Storage
    • Legalized copy of a fully endorsed Proforma Invoice for the trial lift quantity
  2. Within ten (10) working days of signing the SPA, the Buyer’s bank issues a Non-Operative, Irrevocable, Non-Transferable, Revolving, and Confirmed DLC/MT700 or SBLC/MT760 (covering the value of the first-month shipment) with full bank responsibility via SWIFT MT700 or MT760 to the Seller’s bank.

The instrument becomes automatically operative upon the Seller’s issuance of a 3% Performance Bond. The Buyer provides the Seller with a SWIFT copy.

  1. Within five (5) banking days of accepting the DLC/SBLC, the Seller’s bank issues the 3% Performance Bond, making the DLC/SBLC operative.
  2. Within 5–15 working days after confirmation and acceptance of the Buyer’s DLC, the Seller commences loading and issues full POP/shipping documents as listed below (with legalized SPA) to the Buyer’s company via bank-to-bank and email copies.

The Buyer shall officially notify the Seller upon receipt of the Seller’s full POP/shipping documents.

Documents include:
a. Export License issued by the Ministry of Petroleum and Energy
b. Approval to Export issued by the Ministry of Justice
c. Port Storage Agreement / Insurance
d. Certificate of Origin
e. Product Passport
f. Statement of Product Availability
g. Commercial Invoice
h. Charter Party Agreement
i. Customs Clearance Certificate
j. Tank Receipt issued by the storage facilitator
k. Fresh SGS Report or equivalent at loading port
l. Vessel Q88
m. Bill of Lading
n. Cargo Manifest
o. DTA & ATB
p. NOR / ETD

  1. Shipment commences as scheduled in the contract. Upon receipt of full POP documents, the Buyer provides the Seller with logistics details (TSR or Vessel Q88) and other necessary requirements to enable Buyer’s SGS/CIQ to conduct a dip test upon vessel arrival at the discharge port.
  2. The Seller provides the Buyer with DTA for immediate inspection by the Buyer’s SGS/CIQ agent. Within two (2) working days of vessel arrival at the discharge port, the Buyer’s inspection team conducts SGS/CIQ (or equivalent) inspection to verify the product’s quality and quantity.
  3. Upon successful SGS/CIQ inspection by the Buyer, the Buyer’s bank releases payment for the total shipment value via SWIFT fund transfer (MT103/TT) within two (2) banking days of the SGS report issuance at the discharge port. The product is then discharged into the Buyer’s destination storage facility, and title ownership is transferred to the Buyer.
  1. The Seller pays all intermediaries involved in the transaction as per the signed NCNDA/IMFPA within seventy-two (72) hours.
  1. Monthly shipments continue as per the signed SPA, and payments are made against successful SGS/CIQ or equivalent inspection via TT/MT103.

 ********

Seller bank: Bank of America 

Address: 222 Broadway, New York 

SWIFT Code: BOFAUS3N

 

 PLEASE TAKE NOTE:

If you accept the procedure and price, please send me your CIS and company profile to: 

GUBS OIL 

Attn: Sales Manager
info@gubsoil.com

More information: +31-61-666-1606   Dr. Ryan

]]> https://www.gubsoil.com/jetfuel-a1-d6-cif-dlc-sblc-non-transferrable/feed/ 0