2.1 PETROLEUM PRODUCTS ORIGIN KAZAKHSTAN CIF SPOT TTO (Tanker Take-Over).
CIF Total Price /MT Including the transfer of ownership will be provided to the Buyer on receipt of Buyer’s complete LOI
Petroleum Product - 100% Origin Kazakhstan - Despite the fact that it is transported from Kazakhstan by pipelines etc. via the Russian territory to a Transit Port.
Kazakhstan oil is currently not subject to sanctions.
A. For deliveries to Africa, Europe and Arab World, we use the Black Sea and the transit ports below:
1 - Novorossiysk Port.
2 - Kavkaz Port.
The vessels then have TTO into a none Russian Vessel in the Tuzla
anchorage in Turkey.
CIF Total Price /MT Including the transfer of ownership will be provided to the Buyer on receipt of Buyer’s complete LOI.
B. For Asian deliveries, we use the in Japan Sea and the transit ports below:
1 - Nakhodka Port.
2 - Vladivostok Port.
3 - Vostochny Port.
4 - Korsakov Port.
The vessels then have TTO into a none Russian Vessel in the Japan Sea
CIF Total Price /MT Including the transfer of ownership will be provided to the Buyer on receipt of Buyer’s complete LOI.
No upfront payments.
Buyers Financial Performance Instrument will be by SWIFT MT 760 SBLC or SWIFT MT 760 Bank Guarantee for 100% of the monthly shipment value, valid for 45 days, which will be issued only after Swift pre-advice fron your Buyers bankers after transfer contract is signed and formalizing the CPA addendum, Seller issues POP and shipping documents, then the SWIFT MT 760 SBLC or SWIFT MT 760 Bank Guarantee will be activated.
Payments are made after inspection at Buyers destination port, 100% of shipment value by MT103 in USD.
Prices for other products can be provided on receipt of complete buyers loi.
