Commodity: Russian Gasoil L0.02/62 D2
Origin: Russian Federation/CIS States
Specification: GOST 305-82 HSD
Minimum Order Quantity: 50,000 metric tons per month for 12 months
Price: TBD
Attention: END BUYER
We, seller’s mandate, as official seller agent, hereby confirm with full legal corporate responsibility and authority that the following commodities are available under the stated terms and condition herein:
IMPORTANT NOTE: FOB Russia is immediate lift between 1mmt -5mmt for D2 and 3-6m barrels JP54, other products must be discussed. Quantity can be broken down to smaller spots or yearly contract orders. Price will depend on quantity and market status. First delivery time for CIF orders is about 15-30 days. FOB Russia allows immediate lift. Please feel free to ask for a quote for your desired product and quantity.
Full list of Procedures
1) Buyer sends ICPO
2) Seller sends FCO.
3) Buyer sends SWIFT MT799 POF (or other POF swift to seller’s bank) Bank to Bank
4) Seller bank sends SWIFT Partial POP (bank to bank) and Performance Bond (PBg)2%
OPTIONAL: Seller and buyer may agree on a penalty clause. Whichever side does not perform the other side can collect the mutually agreed penalty amount.
Verifiable partial POP will include part of the documents below
- COPY OF LICENSE TO EXPORT ISSUED BY THE MINISTRY OF ENERGY
- COPY OF APPROVAL TO EXPORT ISSUED BY MINISTRY OF JUSTICE.
- COPY OF STATEMENT OF AVAILABILITY OF PRODUCT.
- COPY OF REFINERY COMMITMENT TO PRODUCE THE PRODUCT – BANK TO BANK ONLY
- STORAGE TANK RECEIPT FOR LIFT-ABLE PRODUCT – BANK TO BANK ONLY
5) Seller issues DRAFT CONTRACT
6) Buyer signs, seals, and sends DRAFT CONTRACT back to seller
7) Payment instrument. Accepted forms are: LPG, MT103/23, SBLC, RDLC, DLC and MT760. One month value Collateral Guarantee may be required for yearly contracts.
8) POP to Buyer's Bank. Documents included are:
COPY OF LICENSE TO EXPORT ISSUED BY THE RUSSIAN MINISTRY OF ENERGY
- COPY OF APPROVAL TO EXPORT ISSUED BY MINISTRY OF JUSTICE.
- COPY OF STATEMENT OF AVAILABILITY OF PRODUCT.
- COPY OF REFINERY COMMITMENT TO PRODUCE THE PRODUCT
- ROUTING TELEGRAMS ISSUED BY TRANSNEFT OR RAILWAY AUTHORITIES EVIDENCING
- DISPATCH SCHEDULES OF GAS-OIL FROM REFINERY TO LOADING PORT.
- STORAGE AGREEMENT WITH LOADING TERMINAL AUTHORITIES.
- OWNERSHIP TITLE.
- STORAGE TANK RECEIPTS.
- QUANTITY CERTIFICATE ISSUED BY SGS.
- QUALITY CERTIFICATE ISSUED BY SGS.
- CERTIFICATE OF ORIGIN.
- CUSTOMS DECLARATION.
- COPY OF EXPORT LICENSE.
- SELLER COMMERCIAL INVOICE
9) When the product is arrived & discharged at buyer's port and then upon the receipt of final SGS report in front of the buyer's and with fully satisfactory they will release us / seller's the payment by TT or RDLC or DLC (Buyer’s Choice).
10) Delivery Commence as per Contract
SPECS : No Indicators Standard parameters
1. Cetane number, min. 45
2. Distillation, ºC:
- 50 %, distills at temperature, max. 280
- 96 % (final boiling point), distills at temperature, max. 350
3. Cinematic viscosity at 20ºC, mm2/c, (cst) 3.0 – 6.0
4. Pour point, ºC, max. minus 10
5. Cloud point, ºC , max. minus 5
6. Flash point (closed crucible), ºC, min. 62
7. Sulphur, %, max. .02
8. Mercaptan sulphur, %, max. 0.01
9. Hydrogen sulphide, % absent
10. Copper strip test passes
11. Water soluble acids and alkalis, Absent
12. Actual resins content, mg/100 cm3, max. 25
13. Acidity, mg/100 cm3 of gasoil, max. 5
14. Iodine number, g/100g, max. 6
15. Ash, %, max. 0.01
16. Coking capacity of 10% residue, %, max. 0.20
17. Maximum filtration temperature, ºC, max. minus 5
18. Sediments Absent
19. Water Absent
20. Density at 20ºC kg/m 3, max. 840
