POLAND REFINERY

PORT LOCATIONS:

Houston, USA

Rotterdam, Netherlands

 

PRODUCTS AVAILABLE (Monthly Allocation – TTT ONLY)
EN590:

Minimum: 50,000 MT

Maximum: 500,000 MT

 

Jet A1:

Minimum: 1,000,000 BBL

Maximum: 6,000,000 BBL

 

D6 Fuel Oil:

Minimum: 100,000,000 Gallons

Maximum: 400,000,000 Gallons

 

Tank Injection: Daily
Fuel Availability Timeline: Weekly

 

PROCEDURES:

FOB DIP AND PAY PROCEDURES

Locations: Rotterdam / Houston / Fujairah
(Refinery: European Union)

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1. Buyer Confirmation & ICPO Issuance
   The Buyer accepts the Seller’s procedures and issues an ICPO addressed to the End Seller through the Seller’s authorized representative.

2. Contract & Document Exchange
   The Seller provides the Sales Contract, Commercial Invoice, and Corporate Profile (CIS). The Buyer reviews, signs, and returns these documents along with the Buyer’s Tank Storage Agreement by the agreed due date.

3. PPOP Submission
   The Seller issues the following documents for Buyer evaluation:
   a. Certificate of Quality Conformance (COQC)
   b. Commitment to Supply
   c. Tank In Situ Agreement

4. Injection Preparation & Dip Test Authorization
   Once the signed Tank In Situ Agreement is received from the Buyer and its storage provider, confirming readiness to receive the product, the Seller provides:

   • Injection Report

   • Q&Q Analysis Report

   • Unconditional Dip Test Authorization Letter
     The Buyer arranges SGS, CIQ, or an equivalent inspector (at Buyer’s cost) to perform a Dip Test on the product in the Seller’s tank.
     Dip Test proceeds upon successful validation.

5. Readiness Notice & Documentation
   The Buyer issues a Notice of Readiness to receive the product in their tank. Coordination takes place between the Buyer, Seller, and injection firm for transfer from Seller’s tank to Buyer’s.
   The Seller then provides the Buyer with:

   • Title Holder Transfer Agreement

   • NCNDA/IMFPA agreements for all intermediaries, to be signed before injection.

6. Payment & Final Documentation
   Upon completion of injection into the Buyer’s tank, the Buyer makes full payment via MT103 TT wire transfer. Upon payment confirmation, the Seller provides:
   a. ATCS (Authorization to Collect Shipment)
   b. COO (Certificate of Origin)
   c. All necessary export documentation

7. Intermediary Commission Payments
   The Seller releases commissions to intermediaries within three (3) working days after receiving payment from the Buyer’s bank.

8. Long-Term Agreement Drafting
   The Seller issues a draft Sales and Purchase Agreement for the Buyer’s review, covering a twelve (12) month delivery term with applicable roles and extension clauses.

9. Buyer’s Review & Financial Instrument Issuance
   The Buyer reviews, signs, and returns the agreement, and issues one of the following instruments (non-transferable) auto-revolving for 12 months:

   • Letter of Credit

   • Standby Letter of Credit (SBLC)

   • Documentary Letter of Credit (DLC)

10. Ongoing Deliveries & Commission Payments
    Future deliveries proceed as per the contractual terms. Commissions are paid to intermediaries within three (3) working days after each payment is received from the Buyer.

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​To Engage or Inquire:

Please contact us directly with your ICPO and company profile to initiate procedures.