Fuels
Fuel Origin: Non-Russian and non-sanctioned sources from Turkmenistan, Kazakhstan, Azerbaijan, and the U.S. Ports of Delivery: FOB: Houston, Rotterdam, Fujairah, Jurong, Ningbo-Zhoushan; CIF: Aktau, Bautino, Pavlodar, ASWP. Incoterms: FOB and CIF. Payment Terms: FOB: MT-103/TT; CIF: SBLC/DLC MT-700/LC, followed by MT-103/TT. Inspection: SGS or equivalent, to be carried by the seller at the port of loading.
Commissions: 50%/50% split between buyer and seller; seller's commissions closed. Insurance: Seller covers 110% of the shipment value. Maximum test cargoes: 2,000,000 barrels Jet A1; 200,000 metric tons EN590; 2,000,000,000 gallons D6. Fuel Availability: Always available; buyer's market share guarantees allocation. Prices: Subject to change without notice. Procedures: Seller's procedures are non-negotiable. Contracts: Compliant with ICC and SGS standards.
Refineries have decades of experience. Buyers must invest in fuel receipts (e.g., tanker leasing) before receiving the POP. The POP is not provided free of charge; buyers must demonstrate investment capacity. Investments are typically paid to third-party logistics providers, not manufacturers. Buyers with leased tanks demonstrate their willingness. Procedures are non-negotiable; any attempt to modify them will cancel the transaction.
