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AS Title Holder SOUTHERN OIL-GAS THIRD QUARTER OF FCO 2018 PETROLEUM PRODUCT



We are the end seller company and the title holder of the product.With our 38 years experience in this petroleum sector,You are in the right place at the right time.



1. upon acceptance of seller operational terms and procedure. Buyer Provides Irrevocable Corporate Purchase Order & Tank Storage Agreement addressed to the seller representative.

2. Seller verify Tank Storage Agreement and issue commercial invoice to buyer, buyer countersign and return back commercial invoice to seller.

3. Upon the receipt of countersigned commercial invoice, Seller issue the below proof of product to buyer:

* Product passport (Analysis Report),

* Ocean Bill Of Lading,

* Q88.

4. Buyer provides Tank Receipt & Authorization to Inject into buyer tank from seller vessel, before Transhipment and provide to commence on transhipment.

5. Seller issue DTA to buyer, buyer visit port with their own SGS survivor to conduct Dip Test at Rotterdam port.

6. After SGS inspection is successful, buyer makes payment by MT103 or TT Wire transfer for the total product available after the result of buyer dip test result.

7. Seller change title of ownership to buyer's name and seller pays all intermediaries according to the signed NCNDA/IMFPA for monthly deliveries.



1. Buyer issues Irrevocable Corporate Purchase Order ICPO with seller procedures.



2. Seller issues the Tanker Take-Over Contract for review and endorsement by the buyer.



3. Seller issues partial Proof of Product and Shipping documents as listed below;



A. Certificate of Origin



B. Company License to Export



C. Product Passport (Analysis Result)



D. FRESH SGS



E. Bill of Lading



F. Vessel's Q88



4. Upon receipt of the above documents by Buyer, Buyer makes payment for 5% via T/T Wire transfer total costs of the shipment within 48 hours into seller’s nominated bank account as per invoice issued by the seller to buyer and vessel leave for discharge port.



5. Upon arrival of the vessel at Discharge Port, the vessel captain will hand over all the original POP documents to the buyer's representative while buyer pays for the total contract after SGS, CIQ or equivalent inspection at the discharge port via T/T Wire transfer and the amount payable for Allocation Guaranty Deposit will be deducted while offloading will commence immediately.



6. Seller pays Commission to all involved mandates and intermediaries by T/T Wire Transfer as mutually agreed in the NCND/IMFPA.SELLER SIGNED SEALED



Real Petroleum Buyer vs. Fake Buyer – How to Identify Them



Buyers insisting on their banking procedures.



Every veteran buyer knows that the petroleum trading business is the Seller’s call. They know that no matter how much money they have in their bank, it is useless unless a seller is willing to sell. Every seller has a procedure that he/she wants followed, to protect his business and guarantee a fair treatment of Buyer and Seller. A serious buyer will put up the required Bank Comfort Letter or cheap Pre-Advice, knowing that there is nothing to lose should the supplier default on his/her commitment.



Buyers not willing to issue an RWA letter.



The most important document for us is the RWA letter from Buyer’s bank. The Buyer can dowload it from here and let his bank fill out and sign. Without this RWA letter we will not proceed as this is the key to make sure that the Buyer has the funds and is ready, willing and able to proceed with the deal.





Delayed compliance with documentation requirements.

Every new or fake buyer or intermediary will cause a great delay in complying with procedures. Frequently this is because the buyer does not have real, available funding as he/she claims to have in the beginning. Those who have no word of honor will never close a deal in this trust-controlled business. The contract always goes to the buyer who complies without making it difficult for the seller.



There is a large fishing market of brokers (98%)

Especially when they ask for the Dip and Pay it’s exactly the profile of Brokers and not the real buyers. It means they need POP first to go on market chasing buyers. A real buyer has no problem to issue an MT799 or MT999�or any other bank Instrument as SBLC�or BG�upfront to a real seller.



No refinery issues a Performance Bond.

It’s again a request of brokers and USA Traders to make it difficult for other partners involved and reduce the number of Traders to control the market from the Majors. No refinery is going to prepare 100,000 MT of oil in tanks without a bank instrument issued and confirmed by his bank. If buyer feels uncomfortable with the seller, he can ask for trial of small shipment to verify the seller performance. If buyer argues by saying it costs money to issue bank instruments then he is not a buyer.



All biggest refineries in Russia are property of majors and these majors trade through own sales departments or trading companies or major traders and all these companies are well-known on real market. Refineries doesn`t work directly on export. That's all.



For Your information.



Gasprom Neft never issues any PB and most of majors never do it because these are well-known companies and the have enough reputation which tells ''this seller will supply''. In this case You`ll receive detailed schedule of supplies on FOB.



The largest of these are the Very Large Crude Carrier (VLCC), which can carry 200,000 tons or more of oil, and the Ultra Large Crude Carrier (ULCC), which can manage over 300,000 tons.



( AKA veseel voume 30,000 MT) THAT IS 16. 6 SHIPS PER month

500,000( AKA veseel voume 75,000 MT) THAT IS 6. 6 SHIPS per MONTH



Majors are 100 ,000 MT Contract per month



Non Major are 50,000 Contract per month



Real SPOT volumes are from 10 to 30,000 MT of the product (aka vessel`s volume) ( aka vessel volume can go up to 75,000 MT) of course depends of the product but for gasoil is usually like this. ( Spot are 3 days ONLY)



Unfortunately I do not know ANY real supplier who will sell a product at a HUGE discount; and include delivery in that price.



Furthermore; no real supplier will pay $10 per MT in commissions. If that were the case; we will all be Millionaires by now.



Unfortunately I do not know ANY real supplier who will sell a product at a HUGE discount; and include delivery in that price.



Word of advice: please do not rely on fake internet offers as a benchmark.



I deal direct with Russian, Belarusian, Azerbaijan and Kazakhstan oil companies, refineries and we are allocation holders.



In the industry we call those offers ''Это клоунский движение''. Those offers belong to the circus clowns!



Your buyer has an unrealistic expectation. I would ask them if they bought at those prices before or Roseneft. Usually they all say yes... which is fine; then I would ask the most logical question thereafter - why don't you continue to buy from them? Why are you seeking a new supplier. Then there is a long and as expected silence...



1. Purchaser must send corporate registration license and corporate profile for re-view before submitting the purchase order. Buyer’s company will send authorization with passport copy and communication of company officer to conduct transaction, directly. A proxy authorization will be required for third party acting as financial institute, insurance company, and legal representative or other entity. Such company must meet our standard for qualified purchaser.



2.Purchaser must have government/state entity authorization/license to import the commodity the company is soliciting. We require copies of such authorization.



3.Purchaser must have storage facility/pipeline or full logistic contractual arrangements to take delivery of the commodity the company solicit. We require to be informed of (1) the company’s choice of shipping lines, agents and insurance (2) delivery port/vessel data/port data sheet/storage facility and capacity.



4.Purchaser’s company information or document are held in complete confidence and would only be shown or transferred to outside agency with purchaser’s formal approval. No upfront Proof of product will be given for any reason until the company is certified qualified purchaser.



5. Buyer endorses the tank storage agreement (TSA) with the hired tank facilitator of the respective port tank farm and provides their TSA along with Tank Storage Receipt (TSR) from their respective tank operator for Seller's verification and pumping of the product to the rented tank.



You have many advantages to close with us when you are official register with our company because when you are register we sell for you with your buyer term,so Stand out against the crowd and get the recognition you deserve for your hard work. There are lots of so-called traders/agents/mandates who have nothing, but they never stop to publish their endless offers on every free message board they can find, acting as real oil traders. It's amazing, but you keep dealing with these people month after month and you don't want anything to change unless it's free. Yes, but how many months/years of your life have you wasted? Is it a business or a hobby for you?



Deal with reliable partners who have money and connections. For example, many registered companies don't even publish their listings on our website, but they are browsing it to find a new reliable partner (you)! If you represent a genuine company who can supply oil, stop hiding yourself on free message boards! Belong to the best oil trading community.



I see most of you shopping around and around to connect seller and buyer,but you are wasting your time.



The principal is very simple.



- IF YOU NEED TO BUY A PEN, YOU MUST HAVE MONEY IN YOUR POCKET OR CARD.



- THAT IS THE SAME ON PETRO FIELD. IF YOU HAVE NO MONEY, YOU CAN NOT BUY A DROP OF OIL.



BUT :



Even you have money; you cannot buy a drop of oil, if you do not work with REAL seller.



If you prove you ready have fund (WITHOUT ISSUING ANY FINANCIAL INSTRUMENTS) , We will put 2% PB to show how serious we are as our register and official mandate of our company.



If you are ready to work with us,Kindly scan your company registration then your scan passport,then we would send you the Mandateship contract,MOU and an agreement form.



But before giving such information we must be sure of the buyer too because there are a lot of time waster buyer and who have nothing to buy, Please we do our DD through the buyer Embassy in our country not by internet most buyer do because they cannot provide documents the Embassy would request from them before DD is concluded by the Embassy.



So please feel free to contact me,if there is any inquiry and if you need an FCO,Then kindly issues your LOI and we are the end seller company and the title holder of the product,Thank you and look forward doing business with your honorable company.



We have other product allocation too like D6 and we do all our transaction through the help of our Government Embassy in Russia Federation,Thank you and look forward doing business with your honorable company.



SELLER PROCEDURES CIF A:



1. Buyer issues ICPO.



2. Seller issues contract open for amendments.



3. Buyer counters signs and seals the contract and sends via e-mail to Seller.



4. Seller issues proforma invoice and Partial POP documents to Buyer via Seller official email address to Buyer official email address on listed below:



A. Copy of License certificate.



B. Copy of Statement of Availability of the product.



C. Copy of Proforma Invoice



5. Within three (3) banking Days, Buyer’s bank Sends Swift Operative Irrevocable Confirmed Standby letter of Credit (SBLC) via Swift MT760 to Seller’s bank.



6. Seller sends 2% PB to Buyer to Guarantee immediately after operative SBLC the Monthly shipment and commences injection into Buyer’s tank or ship. Seller issues full POP and shipping documents including Q88, SGS report certificate, Bill of Lading, and also test report to Buyer/Bank.



7. If CIF, Ship arrives at destination port and Buyer conducts inspection on the goods. Buyer releases payment to Seller’s bank after inspection at discharge port, 100% payable for each shipment within 3-5 banking days upon the cargo passing SGS and receipt of all the relevant payment documents.



8. Seller pays Commission to all Agents and Mandates as per signed IMFPA.



SELLER PROCEDURES CIF B:



1. Buyer issues ICPO.



2. Seller issues draft contract to buyer. Buyer makes review, sign and return to seller. Open for amendments.



3. Seller registers and notarizes the final contract, sellers expenses accompanied with approval to Commission agreements



Upon final contract successful lodging to both banks.



4 Buyers is invited to Russia Office and the Refinery at their own expense to the loading port Inspection receives Q&Q report. Those interested should provide their passport copy in order for us to arrange visa/invitation letter including usd5, 000 (Five Thousand Dollar) to prepare all the arrangement and logistical of the buyer in Russia Federation.



Which was the seller company through the Ministry of Foreign Affair that would issues you or company an invitation letter because we are talking about oil business or don’t know that is business visa that you would apply for in the first place that is been authorize by our company, so we know what we are saying and is the fact again, if you come to do oil business with OOO SOUTHERN-OIL-GAS.



5. Seller pays for the storage on commodity pumping (injection fee) to buyer’s tanker.



6. Seller bank issue 2% performance bond (PB) to Buyer’s bank.



7. Within three (3) working days after Seller’s vessel with the product reaches the port of discharge, both banks open



communication, seller’s bank swifts full POP to buyer’s bank including submission of fresh SGS report, BL, TSR and DTA (All documents shall be based on the product at the port of discharge)..



8. After the Buyer verifies the full POP, Buyer’s bank swifts MT700 to seller’s bank.



9Upon buyer’s successful Q&Q Dip Test at port of discharge and buyer’s bank releases payment to seller’s bank for the approved discharge.



SELLER PROCEDURES CIF C:



1. Buyer issues ICPO.



2. Seller issues draft contract open for amendments.



3. Buyer sign and seals the draft contract and sends via e-mail to seller with a letter of acknowledgement and scanned copies of the buyer’s company registration license and passport copy of buyer.



4 Seller issue Allocation Certificate of the product, Certificate of ownership and Passport of the product to the buyer.



5a. Seller registers the contract. Buyer pays for the change of ownership and Title Documents through the Ministry of Energy that is in charge of Ownership Title of the product from the Seller name to the Buyers name as legal owner to be approved for export to destination Port.



5b. Seller Invite the Buyer Company to Russia Federation for the signing of the hard copy contract and also inspect the Refinery production of the petroleum products.



6. Judicial Broker Company sends the registered contract and POP documents to the buyer together with the Charter Party Agreement.



7. Seller Company appoints a shipping company and sends to the buyer the full details of the shipping company.



8. Buyer contact shipping company and sign shipping agreement with the shipping company and procures insurance policy. The Shipping Company releases the following document to the buyer/seller:



a. Copy of shipping schedule document.



b. Copy of shipping particulars.



c. Copy of custom clearance certificate.



d. Copy of SGS Report.



e. Copy of license to export, issued by the department of the ministry of energy.



f. Copy of approval to export, issued by the department of the ministry of justice.



9. Seller issues 2% Performance Bond Guarantee via SWIFT to Buyer Bank. Buyer Bank reply with irrevocable revolving Non-transferable documentary letter of credit to seller bank and the assignee names by means of prime 50 first world ranking banks guarantee Model ICC 458 acceptable in written by Buyer and if Seller Company fail to supply the cargo of the product this 2%PBG will be paid to buyer.



10. The SGS inspection will be borne by Seller Company at the loading port and Buyer at the unloading port.



11. Delivery commence as scheduled. Buyer release payment to Seller Company via Swift Fund Transfer within 7 banking days after the discharge of cargo and receipt of the entire relevant shipping document for immediate negotiation and credited at Buyer’s Bank Account

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