JP54, D2, Mazut, LNG, D6, BLCO Flow – CP & LOI Get Transactions Rolling

RJ Hender – Honest Oil Man
Fri, Feb 6, 2015
Subject; jp54, d2, mazut, lng, d6 blco Source
www.MorningLiberty.com

We sell oil products to Majors. Our procedures, for Majors, are displayed at the bottom
of this article…

It was exciting to see Brent Crude rates rise above $58 today. It looks like we have
found the bottom for oil prices.

If you are serious about securing JP54, JPA1, Gas Oil, ULSD, LNG, Mazut, D6, BLCO, LPG, Bitumen or other oil products then contact me. I can help. RJ@MorningLiberty.com

Some of my Direct to Refinery sources have platt rates at 7 or 8 below platt. Others
can provide fuel at 5 or 6 below platt rates. From one source, we can even provide
BLCO at 7 or 8 below platt and some times at 10 or 12 below platt. Prices continue to
rise and fall, with all fuel products. BLCO is available at Ghana, Coutonou or Rotterdam.

Recently, we nice to bend a little for 1 Buyer as we negotiated for weeks and weeks, just
to find out that the Buyer did not have the $ to close the oil transactions. What a
waste of our time. Already, we have been very busy, as January 15th arrived.

If you or your End Buyer will provide us with a legitimate Corporate Profile, then we can
do our Due Diligence. Once approved, we will immediately line up the JP54, D2, Mazut, D6,
JPA1, LNG, BLCO, ULSD or Bitumen Conference Call with the Seller/Seller Mandate and your
End Buyer. Now this isn’t too complicated. Contact me at RJ@MorningLiberty.com

Below is an email message I received from 1 of my Direct to 157 Refinery Seller/Seller
Mandate sources, recently…

Hi RJ,
As you know, XXXXXXX XXXXX has access to any type of fuel product your End Buyers
require. XXXXXXX requires a legitimate CP and LOI from the End Buyer, with the amount
and product they require.

Normally JP54 is available at 5 million bbls a month to start…

D2 and Mazut are available at 500,00 MT a month…

If your End Buyers can provide a letter of good standing from the Bank then this can
move things faster.

Procedures and prices will be discussed after DD has been completed. Please tell all
End Buyers that XXXXXXX refuses to deal with time wasters. If they claim they are ready
to buy fuel then they MUST be ready.

I’ve known my Shell Oil source since 1985. Trust takes time. XXXX is one of them oil
men that I trust and count on. We have oil buyers who are very happy as they secure
Production Contracts with XXXX. This fuel can be lifted in the States or at Rotterdam.

My Saudi Arabia source for oil products, allows me to avoid some of the challenges that
some buyers have with Russian supplies of fuel. I’d love to make this introduction to
you, but I must know that you are or that you work with a legitimate End Buyer. Thre are some things that we need to know…

1 – What oil product(s) do you need
2 – What price target do you have for this fuel
3 – What quantity are you looking to secure?
4 – What is the destination for this fuel?
5 – Contact information with Oil Decision Makers – Skype, Phone, Email…
6 – Which procedure is best for you CIF, FOB, TTO, TTT, CI Dip & Pay
7 – Will you sure your oil with your own Oil Tanker or do you have Tanks located somewhere
8 – at least a CP from End Buyer is needed, to get things rolling

I have 1 Direct to Refinery Seller who provides fuel to Majors. The procedures are
different, but he still requires a CP to get started. Below are some of the procedures for Majors…

1 1 Seller issues to Buyer the followings:-
1.2 Contract and Commercial Invoice (CI) with Tank Storage Information to:
xxxxxxx
1.3 Seller’s Company Profile (CP);
1.4 Seller issues a Non-Circumvent Non-Disclosure/Irrevocable Master Fee
Protection Agreement (NCNDA/IMFPA) to be signed by all parties entitled to
commissions. IMFPA must be sealed, notarized and lodged in the Seller’s Bank
upon the receipt of the Quality and Quantity Inspection Report (IMPFA
applicable to rolls and extensions.)
2. xxxxxxxx reviews Contract and CI, signs and sends secured email address
and direct contact number to the Seller (Seller communicates directly with
xxxxxxxxx from this point on).
3. Seller releases to Buyer the followings:
3.1 Tank Storage Receipts (TSR);
3.2 Dip Test Authorization (DTA).
4.xxxxxxxx performs their Due Diligence (DD) and orders their dip test.

From 1 of my Strong BLCO Sources, these procedures were recently available. Based upon
the quality of the End Buyer, the procedures could change a little, for the buyer. We
need the CP and LOI from the End Buyer to get BLCO things started…

There is as much BLCO as your End Buyer(s) can handle. XXXXX…
NIGERIAN BONNY LIGHT CRUDE OIL (NBLCO) ON BOARD AVAILABLE VESSEL
DISCOUNT Minus – $5 Ghana, Minus -$3 Rotterdam FOB – TTO
Purchase & Shipment Procedures

1: Seller releases his Sales and Purchase Agreement (SPA) via electronic
mail to the Buyer. Both agree to work on a mutually acceptable procedure.
Upon agreed procedures by both Seller and Buyer, Seller sends final SPA
to be signed by the buyer and to be returned to the seller signed.

2: Buyer signs and seals this agreement, locks in PDF format and forwards
a copy electronically to the seller along with detailed ATB/NOR/ETA
formats and details of Shipping agent at Port of Q&Q for taking-over of
cargo. The electronic copy of this Sales ad Purchase Agreement duly
executed by both parties is legally binding and enforceable. Both parties
deposit copies of the Agreement with their respective banks. Buyer will
include the ATB and ETA format.

3: Seller will secure Provisional Cargo Documents of the loaded vessel &
issue NNPC Authority to sell (ATS)

4: Immediately Buyer confirms ATS & loading documents within 24-48 hrs
Buyer instructs his bank to issue RWA through MT199 to Sellers Bank
stating their capability and readiness to issue MT103 for the
transaction. Seller, after confirmation of RWA through his bank, will
issue a marine ATB & Boarding Clearance to Buyers inspectors to come
on-board for cargo confirmation.

5: Seller issues ATB/NOR/ETA Formats, Buyers inspectors boards and
confirms cargo and disembark with samples for Quality and Quantity
Analysis within 48-72 ours after DIP Test and upon the release and
acceptance of Q&Q report to both parties, Buyer transfers full payment
via MT103 for the total cost of cargo into Sellers Account as per
out-turn basis in accordance with the independent Q&Q report.

6: Seller releases all the original documents to the buyer under buyers
name and vessel is re-chartered by buyer for final voyage to Final Port
of Discharge (CPA payment is made directly to vessel owner and as agreed
upon between the shipping company and the buyer) All documents in final
buyer’s/seller’s name.

7: Seller will arrange safe voyage to international waters.

Always, we do not go around the very people who help bring us legitimate Buyers.
If you are serious and prepared to provide Buyer docs then contact me RJ@MorningLiberty.com

PROCEDURES FOR MAJORS (ONLY)…
1. Product: Aviation Kerosene Colonial Grade 54 (JP54)
2. Product Origin: Russian Federation
3. Quantity: Spot of 500,000 to 2 million barrels; Monthly deliveries up to 10 million bbls x 12 months
4. Delivery: FOB Rotterdam
5. Price: To be discussed with the principal party of the major buyer
Procedures for Transaction:
Note: These procedures and transaction details are only conducted directly with the Major
Buyer/End Buyer. Major Buyer will be expected to submit their AAA+ certificate and credentials for verification. There will be no interface or involvement with intermediary parties. Introductory parties will be included on the necessary fee protection agreements for payment to these parties.
1. Buyer issues LOI or Purchase Request from authorized Buyer/Purchasing Agent, along with
the buyers AAA+ certificate details.
2. Buyer and Seller have a Conference Call to discuss the transaction details.
3. Seller issues commercial invoice and SPA to the Buyer for signature and completion.
4. Buyer signs and returns commercial invoice and SPA to Seller.
5. Seller issues dip test authorization and full Proof of Product (POP)*
6. Buyer orders dip test at their expense with their chosen independent testing agency.
7. Based on dip test results, Buyer issues full payment of commercial invoice within four (4) hours via MT103.
8. Seller transfers title to the buyer and loading starts.
9. Contract deliveries begin in accordance to delivery schedule within the SPA.
FULL PROOF OF PRODUCT (“POP”) INCLUDES, BUT NOT LIMITED TO:
• COPY OF LICENSE TO EXPORT, ISSUED BY THE MINISTRY OF ENERGY
• COPY OF EXPORT APPROVAL, ISSUED BY THE MINISTRY OF JUSTICE
• REFINERY LETTER OF COMMITMENT TO SUPPLY
• COPY OF PRODUCT AVAILABILITY
• COPY OF TRANSNEFT CONTRACT TO TRANSPORT PRODUCT
• PIPELINE INJECTION REPORT
• COPY OF TANK STORAGE RECEIPT
• INDIGENOUS QUALITY REPORT OR SGS
• COPY OF PORT STORAGE AGREEMENT, IF APPLICABLE
• AUTHORITY TO SELL (ATS)
Regards,
CEO, XXXXXXX XXXXX

Here’s to a Strong 2015 Oil Year – Robert A Hender Jr – Honest Oil Man


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