Date of Issue: December 13 , 2024
Date of Expiration: June 13, 2025
SCO Ref: NKT-SCO1071A15-Pet-Product-Services-2024
To: End-Buyer’s/Buyer’s Mandate
SOFT CORPORATE OFFER
We LLP "NK TRADINGS", an oil and gas investment company and the official representative
of refineries, with full legal responsibility, under penalty of perjury confirms that our
Seller/Refinery are capable, willing and able to sell and supply the following Products on the
following terms and with total guarantee to meet the specifications and pass through the
stringent of SGS or Equivalent, hence complies with the Sellers procedure and prices.
ORIGIN: NON-SANCTIONED
CONTRACT DURATION: 12 MONTHS & MORE
INCOTERMS: CIF/FOB/TTO
FOB PORTS: ROTTERDAM, JURONG, QINGDAO, FUJAIRAH, HOUSTON
CIF: ASWP
COMMISSION: SELLER’S SIDE 50% /BUYER’S SIDE 50%
NOTE: WE ONLY ACCEPT ICPO FROM END BUYERS. NO PROXY BUYERS
PRODUCT: ULTRA-LOW-SULPHUR DIESEL EN590-10PPM
QUANTITY: MINIMUM 20,000 / MAXIMUM 500,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD450/ USD 440 Net
CIF PRICE: Gross USD 480 / USD 470 Net
COMMISSION: USD 5 / USD 5
PRODUCT: JET A1 AVIATION FUEL
QUANTITY: MINIMUM 1,000,000 / MAXIMUM 5,000,000 BARRELS PER MONTH X 12
MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD72/ USD 70 Net
CIF PRICE: Gross USD 74 / USD 72 Net
COMMISSION: USD 1 / USD 1
PRODUCT: JP54 AVIATION KEROSENE
QUANTITY: MINIMUM 1,000,000 / MAXIMUM 5,000,000 BARRELS PER MONTH X 12
MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD72/ USD 70 Net
CIF PRICE: Gross USD 74 / USD 72 Net
COMMISSION: USD 1 / USD 1
PRODUCT: CRUDE OIL REBCO
QUANTITY: MINIMUM 1,000,000 / MAXIMUM 5,000,000 BARRELS PER MONTH X 12
MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD56/ USD 54 Net
CIF PRICE: Gross USD 58 / USD 56 Net
COMMISSION: USD 1 / USD 1
PRODUCT: D6 VIRGIN FUEL
QUANTITY: MINIMUM 10,000,000 / MAXIMUM 100,000,000 GALLONS PER MONTH
X 12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 0.86/ USD 0.84 Net Per Gallon
CIF PRICE: Gross USD 0.90/ USD 0.88 Net Per Gallon
COMMISSION: USD 0.02 / USD 0.02
PRODUCT: FUEL OIL
QUANTITY: MINIMUM 50,000 / MAXIMUM 200,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 290/ USD 280 Net METRIC TON
CIF PRICE: Gross USD 320/ USD 310 Net METRIC TON
COMMISSION: USD 5/ USD 5
PRODUCT: PETCOKE
QUANTITY: MINIMUM 20,000 / MAXIMUM 300,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 100/ USD 90 Net METRIC TON
CIF PRICE: Gross USD 130/ USD 120 Net METRIC TON
COMMISSION: USD 5/ USD 5
PRODUCT: LIQUIDIFIED NATURAL GAS (LNG)
QUANTITY: MINIMUM 50,000 / MAXIMUM 300,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 350/ USD 340 Net METRIC TON
CIF PRICE: Gross USD 380/ USD 370 Net METRIC TON
COMMISSION: USD 5/ USD 5
PRODUCT: LIQUIFIED PETROLEUM GAS (LPG)
QUANTITY: MINIMUM 50,000 / MAXIMUM 300,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 350/ USD 340 Net METRIC TON
CIF PRICE: Gross USD 380/ USD 370 Net METRIC TON
COMMISSION: USD 5/ USD 5
PRODUCT: AUTOMOTIVE GAS OIL/ AGO
QUANTITY: MINIMUM 20,000 / MAXIMUM 300,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 320/ USD 310 Net METRIC TON
CIF PRICE: Gross USD 350/ USD 340 Net METRIC TON
COMMISSION: USD 5/ USD 5
PRODUCT: BITUMEN
QUANTITY: MINIMUM 20,000 / MAXIMUM 300,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 260/ USD 250 Net METRIC TON
CIF PRICE: Gross USD 290/ USD 280 Net METRIC TON
COMMISSION: USD 5/ USD 5
PRODUCT: D2 - DIESEL GAS OIL
QUANTITY: MINIMUM 20,000 / MAXIMUM 300,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 330/ USD 320 Net METRIC TON
CIF PRICE: Gross USD 360/ USD 350 Net METRIC TON
COMMISSION: USD 5/ USD 5
PRODUCT: MAZUT 100 GOST
QUANTITY: MINIMUM 20,000 / MAXIMUM 300,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 260/ USD 250 Net METRIC TON
CIF PRICE: Gross USD 290/ USD 280 Net METRIC TON
COMMISSION: USD 5/ USD 5
PRODUCT: LIGHT CYCLE OIL (LCO)
QUANTITY: MINIMUM 20,000 / MAXIMUM 300,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 320/ USD 310 Net METRIC TON
CIF PRICE: Gross USD 350/ USD 340 Net METRIC TON
COMMISSION: USD 5/ USD 5
PRODUCT: SULPHUR
QUANTITY: MINIMUM 20,000 / MAXIMUM 300,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 340/ USD 330 Net METRIC TON
CIF PRICE: Gross USD 370/ USD 360 Net METRIC TON
COMMISSION: USD 5/ USD 5
PRODUCT: GASOLINE
QUANTITY: MINIMUM 20,000 / MAXIMUM 300,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 270/ USD 260 Net METRIC TON
CIF PRICE: Gross USD 300/ USD 290 Net METRIC TON
COMMISSION: USD 5/ USD 5
PRODUCT: NEPHTHA
QUANTITY: MINIMUM 20,000 / MAXIMUM 300,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 280/ USD 270 Net METRIC TON
CIF PRICE: Gross USD 310/ USD 300 Net METRIC TON
COMMISSION: USD 5/ USD 5
PRODUCT: BASE OIL
QUANTITY: MINIMUM 20,000 / MAXIMUM 300,000 METRIC TONS PER MONTH X
12 MONTHS WITH R & E UP TO (36) MONTH'S
FOB PRICE: Gross USD 290/ USD 280 Net METRIC TON
CIF PRICE: Gross USD 320/ USD 310 Net METRIC TON
COMMISSION: USD 5/ USD 5
FOB PROCEDURE FOR TANK TO VESSEL [TTV] AND TANK TO TANK [TTT]
FOR IMMEDIATE DELIVERY WITH TTM
1. Buyer issues an ICPO addressed to the Seller that incorporates the Seller's procedure. The
ICPO must include the buyer's company details, banking details, and passport copy.
2. Seller sends a commercial invoice contract agreement to the buyer indicating the available
quantity of the product in the leased tank and a letter of Performance. The buyer signs and
returns the commercial invoice and the Letter of Performance.
3. The seller allocates the product to the buyer and provides the buyer with the proof of the
product listed below.
3. (a) Product Quality Passport
3. (b) Commitment Letter to Supply
3. (c) ATSC – Authorization to Sell & Collect
4. The buyer issues a BCL via MT-199 or MT-799 bank to bank within 2 days after the seller
allocates the product to the buyer and issues the PPOP, for the seller to confirm the buyer's
financial ability to make the purchase
4. (a) In the event that the buyer's MT-199 or MT-799 is not issued or received within the
specified time period, they will effect payment in the amount of USD135,000 via MT103, as a
Procurement Guarantee (PG) in order to receive Authorization Letter and Access to seller’s
tank for product Physical inspection, TTM, Sample collection and Dip test. This Procurement
Guarantee payment also serves to confirm the buyer's financial capacity to complete the
purchase. The amount for the (PG) will be deducted from the product total value.
5. The following proof of product document will be provided to the buyer. All intermediaries
must sign and endorse the NCNDA/IMFPA.
Fresh SGS report or equivalent not less than 48-72 hours
Product Injection report
Authorization to sell and collect certificate
Port clearance authorization
Product certificate of origin
Unconditional dip test authorization to enable buyers Chemist/SGS team to conduct dip test for
product quality and quantity in the sellers leased tanks
Proforma invoice for product total value
6. The buyer provides the necessary information of their chemist company/inspection team to
conduct a physical inspection, TTM, sample collection, and dip test. (OPTIONAL)
6. (a) The seller issues an Authorization with Tank Location Coordinates and Terminal access
in VTTI, granting the buyer's chemist company/inspection team access to conduct product
physical verification and a dip test in the seller's leased storage tank at the port.
7. Product injection into the buyer's storage facility will commence.
8. Upon completion of the product injection, buyer makes the full payment of the total product
value, via MT103-T/T, to the seller within 1-2 banking days and upon confirmation of the
product payment, The seller company transfers the Title of Ownership and all exporting
documents of the Product to the buyer's company or their bank for record-keeping and customs
purposes.
9. Seller pays commission structure via MT103-T/T, within 1-2 banking days in accordance
with the signed [NCNDA/IMFPA] to agents, intermediaries involved
10. Subsequently, monthly delivery continues according to the terms of the commercial invoice
and the transaction is extended by issuance of a 12-month contract with possible R&E by the
seller
FOB PROCEDURE FOR TANK TO VESSEL [TTV] AND TANK TO TANK [TTT]
FOR IMMEDIATE DELIVERY WITH TTM
1. Buyer issues an ICPO addressed to the Seller that incorporates the Seller's procedure. The
ICPO must include the buyer's company details, banking details, and passport copy.
2. Seller sends a commercial invoice contract agreement to the buyer indicating the available
quantity of the product in the leased tank and a letter of Performance. The buyer signs and
returns the commercial invoice and the Letter of Performance.
3. The seller allocates the product to the buyer and provides the buyer with the proof of the
product listed below.
3. (a) Shore tank Quality and Quantity Report
3. (b) Time Sheet
3. (c) Receipt of Samples
3. (d) Commitment Letter to Supply
3. (e) ATSC – Authorization to Sell & Collect
4. The buyer will effect a payment of USD135,000 via MT103-T/T as a Procurement
Guarantee (PG) to receive a fresh SGS report and access to the seller’s tank for product
physical inspection, sample collection, and dip test. This Procurement Guarantee payment also
serves to confirm the buyer's financial capacity to complete the purchase. The PG amount will
be deducted from the total product value.
5. The following proof of product document will be provided to the buyer. All intermediaries
must sign and endorse the NCNDA/IMFPA.
Fresh SGS report or equivalent not less than 48-72 hours
Product Injection report
Authorization to sell and collect certificate
Port clearance authorization
Product certificate of origin
Unconditional dip test authorization to enable buyers Chemist/SGS team to conduct dip test for
product quality and quantity in the sellers leased tanks
Proforma invoice for product total value
6. The buyer provides the necessary information of their chemist company/inspection team to
conduct a physical inspection, TTM, sample collection, and dip test. (OPTIONAL)
6. (a) The seller issues an Authorization with Tank Location Coordinates and Terminal access
in VTTI, granting the buyer's chemist company/inspection team access to conduct product
physical verification and a dip test in the seller's leased storage tank at the port.
7. Product injection into the buyer's storage facility will commence.
8. Upon completion of the product injection, buyer makes the full payment of the total product
value, via MT103-T/T, to the seller within 1-2 banking days and upon confirmation of the
product payment, The seller company transfers the Title of Ownership and all exporting
documents of the Product to the buyer's company or their bank for record-keeping and customs
purposes.
9. Seller pays commission structure via MT103-T/T, within 1-2 banking days in accordance
with the signed [NCNDA/IMFPA] to agents, intermediaries involved
10. Subsequently, monthly delivery continues according to the terms of the commercial invoice
and the transaction is extended by issuance of a 12-month contract with possible R&E by the
seller
CIF - (STS) Port/IPL/OPL-ASWP
1. Buyer issues official ICPO with banking details and company registration certificate
2. Seller issues Sale and Purchase Agreement Contract and a letter of Performance for buyer's
review and signing.
3. Seller releases to buyer the below listed Partial proof of products.
A. Irrevocable Commitment to Supply
B. ATSC – Authorization to Sell & Collect
C. Product quality passport
4. The buyer issues a Pre-Advised Standby Letter of Credit (SBLC/MT760), or
(IRDLC/MT700) for an amount equal to value of the one-month shipment, to the Seller’s
nominated bank within 7 days after receiving the PPOP or the buyer effects a payment in the
amount of USD200,000 via TT within 7 days after receiving the PPOP
6. Time frame for the loading of product will be 10-15 days after receipt of the (SBLC/MT760),
(IRDLC/MT700) or TT-MT103 by the seller’s Bank, Upon completion of loading, part of the
shipping document will be sent to buyer , (Bill of Lading, Master's receipt for Samples and
Documents, Commercial Invoice, Tanker Time Sheet, Certificate of weight and quality
analysis, Cargo Manifest) including IMO/MMS/Vessel(s) name
7. Upon receipt of the documents by the buyer, The buyer proceeds to pay 3% total product
value as per commercial invoice within 3 banking days, If the buyer is unable to provide the
payment within this time frame, the seller will consider the buyer incapable of finalizing the
transaction, and the transaction will be terminated.
7. Seller confirms readiness of registered vessel (ETA) for LAYCAN Birth at buyer's port of
discharge and buyer provides seller the LAYCAN/ Birth window dates and seller confirms it
for final (ETA) confirmation and notifies the buyer. Intermediaries sign and endorse
NCNDA/IMFPA.
8. Seller issues full original POP documents and send to buyer via courier, Buyer is the
consignee and Seller notifies buyer of clearance for vessel to set sail to buyer's nominated port,
undertaking that all the costs to CIF port waters is covered by the seller , Charter party BL and
ownership title will be transferred to buyer on receipt of full payment at Off-loading ports
9. Full Payment with (TT) will be within 7days at discharge port , after SGS/SAYBOLT
inspection.
10. Seller Pays commission to all intermediaries involved as per singed NCNDA /IMFPA.
SHIPPING DOCUMENTS LIST WILL CONSIST OF THE FOLLOWING:
A. Clean Ocean Bill of Lading, One (1) original and three (3) copies.
B. Sellers commercial Invoice , One (1) original and three (3) copies.
C. Certificate of Origin , One (1) original and three (3) copies.
D. Master's receipt for samples and Documents
E. Ullage report issued at loading terminal, One (1) original copy
F. Cargo Manifest
G. Tanker Time Sheet, One (1) Original and two (2) copies
H. Certificate of weight, quality and analysis - by SGS at time of loading.
I. Custom clearance at the loading port, one (1) original and two (2) copies.
J. Export License , issued by the department of the Ministry of Energy Republic of Kazakhstan
K. Charter party agreement to transport the product to Discharge port
L. Vessel Questionnaire 88
M. Dip test Authorization (DTA) & ATB
N. NOR /ETA
O. Insurance policy to cover 110% value of the goods
TITLE TAKE OVER PROCEDURE:
1. Buyer issues official ICPO with banking details and company registration certificate
2. Seller issues Draft Sales and Purchase Agreement Contract with Commercial Invoice for
buyer's review and signing.
3. The seller sends the Product’s Proof documents in the buyer company's name as listed below.
3. (a) Certificate of Origin.
3. (b) Product quality passport (Analysis test Report).
3. (c) Commitment to Supply.
3. (d) Bill of Lading.
3. (e) Cargo Manifest.
3. (f) Certificate of Quality and Quantity.
3. (g) Master’s Receipt of Documents.
3. (h) Master’s Receipt of Samples.
3. (i) Vessel Q88.
4. The buyer provides his/her shipping agent contact details for the vessel master to open
communication, issue the Notice of Readiness (NOR) and Power of Attorney to the buyer’s
shipping agent entrusting them to perform all needed shipping agency and freight forwarding
services in the discharge port.
5. The buyer makes a guaranteed deposit of 4% of the total product value via MT103 and upon
receipt of buyer’s payment, the seller will instruct the vessel master to re-route the vessel tanker
and change its destination to the buyer’s discharge port and seller will also issue 2%
Irrevocable Performance Guarantee MT760.
Intermediaries sign and endorse NCNDA/IMFPA.
6. The seller will issue the Title Transfer Affidavit for buyer’s signing. The seller and the buyer
sign the Title Transfer Affidavit, and the ministry of energy issues the allocation Title
Ownership Certificate in the buyer’s company name.
7. The seller instructs vessel master to countersign the shipping agent Power of Attorney and
proceed to send the complete set of maritime and shipping documents to enable the buyer
shipping agent file for maritime report and make all preparation to receive the vessel tanker at
the destination port terminal.
8. On arrival of the vessel tanker at the destination port and completion of CIQ Inspection, the
buyer pays for full cargo value via MT103/TT Wire within 48Hours deducting all paid
expenses.
9. Seller pays the intermediaries involved within 72 hours after receipt of payment of the
product from the buyer.
All ICPOs must be addressed to the refinery/end seller through our company, as their official
representative. All transactions are managed directly by the refinery/end seller.
Mr. Arsen Amangeldi
General Director
LIMITED LIABILITY PARTNERSHIP "NK TRADINGS"
