$60 JP54 CIF, D2 $480 CIF – Buyers Who Follow Procedures Lift Fuel

RJ Hender – Honest Oil Seller
Mon, May 25, 2015
Subject; JP54, D6, Mazut, LNG & BLCO for Buyers Who Follow Procedures
www.MorningLiberty.com Prices & Procedures for JP54 & D2 displayed below…

As Buyers follow Seller Procedures, it’s rewarding to see transactions completed.
I do not understand Buyers who demand their own procedures. Refineries set the
procedures, for the purchase of JP54, LNG, D6, Mazut, BLCO, JPA1, D2, Bitumen, ULSD
and other fuel products. You can reach me by email… RJ@MorningLiberty.com

Most of the time, my Direct to Refinery Seller friends don’t hand out SCOs. If you
can bring me 1 – Corporate Profile from legitimate End Buyer, on buyer letterhead
and 2 – Bank Referral Letter, signed by 2 bank officials stating that the Buyer is
in good standing with the bank and is RWA Ready Willing and Able to procure fuel then
I can line up an Oil Conference Call with 1 of my best Sellers. This banking reference
letter does not need to be a BCL and is not expected to be a financial instrument, but
1 of my best Direct to several Refinery sellers requires this from every Buyer. This
Direct to Refinery Seller friend works with many refineries, therefore he does not have
1 set procedures for buyers but he/we do our best to match every legitimate Buyer with
the right refinery.

I’ve been involved in radio for over 23yrs. I worked for a TV station, for a year.
I worked with a couple of newspapers, gathering news and writing articles. It was
a surprise to me, as Oil Seller friends asked me if I knew of legitimate Buyers, several
years ago. From many corners of the world, I have interviewed significant politicians
and researchers on my radio program. A couple of my Radio Guests began introducing me
to their trusted Seller sources, several years ago. I have also been introduced to
several trusted Buyers, by my Radio Guests. Trust takes time. I never operate from
What Is In It For Me! Always, I do my best to help bring my trusted Oil Buyers and
Sellers together, with the intent to help my friends.

I work with several Direct to Refinery Seller friends. We work diligently for every
End Buyer who is serious about buying fuel. You can reach me RJ@MorningLiberty.com
We can provide fuel with CIF, FOB and CI Dip & Pay procedures.

I have taken these procedures for fuel directly from 2 SCOs that 1 of my Sellers sent
me this week. Let me know if these procedures work for you.

JP54 Procedures – R.A. source… prices subject to change…

RJ, Seller just confirmed new JP54 allocation. Here are our procedures…

1. Seller issues CI for the first liftable quantity
2. Buyer returns signed/sealed CI to Seller along with Q88,CPA and PCC or Storage
Tank details
3. Seller issues PPOP for the first lift of the product at the
discharge port FOB Rotterdam. PPOP includes DTA, Tank Receipt and Inspection
Report SGS.
4. Buyer conducts Dip Test at his cost and upon positive Dip Test,
buyer pay the Seller by MT 103/ TT Wire Transfer against title first lift of
SPOT.
5. Seller sends 2% performance bond to buyers bank to bank (PB only for
contract), and the IRDLC/SBLC/DLC become operative.
6. The contract for 5 million per month commences.

JP54 Procedures – Valid to: 31st May 2015 E.K. source…

Product: JP54 – Aviation Kerosene Colonial Grade 54
· Origin: Russian
· Quantities: 1000000 bbl/month
larger volumes available over time
· Price NET: 60 USD/bbl – Subject to Change, under normal market conditions
· Delivery terms: CIF ROTTERDAM / ASWP
· Payment terms: LC activated by 2% PB of the seller,
· Payment is effected against presentation to Buyer’s bank of complete set of export
documents within 48 hours after SGS / CIQ report via MT103 / TT.

1. Buyer provides Corporate profile (CP) with Bios on the signatory and
2. Buyer’s General LOI with
· Product required – quantities for Contract monthly deliveries
· Payment terms proposed (proposed Bank and LC/payment structure)
· CIF port required
· Agreement confirming the general seller’s Procedures
3. Skype cc arranged by K-Trading – Direct contact between the buyer’s signatory and
the contracted Representatives of Title holders/Sellers
4. After the Seller’s approval, the buyer issues ICPO to the Seller via the contracted
seller’s Representatives and K-Trading
5. The seller/title holder responds with a Formal Offer, and direct discussions with the
Buyer.

1. Buyer issues formal ICPO with Sellers’s procedures incorporated in the ICPO.
2. Seller issues Draft Contract, and Buyer signs and returns Draft Contract.
3. Seller legalizes and notarizes the endorsed Contract officially with the appropriate
authorities, expenses borne by Seller.
4. Seller sends to Buyer Partial POP Documents:
a. Certificate of Origin of the Product.
b. Company Registration Certificate.
c. Statement of Product Availability
d. .Product Quality Passport (Dip Test Analysis).
e. Refinery Commitment to Produce the Product.
f. Refinery Affidavit.
5. Buyer issues preadvice DLC via MT705 as guarantee, and Seller issues the Attestation
Act of Transfer for Buyer’s endorsement to facilitate booking of allocation, obtaining
transaction code, and securing legitimate approval for the transfer of Ownership Title by
relevant authorities to Buyer’s name
6. Upon completion of the Act of Transfer with the Ownership Title transferred to Buyer’s
name, Seller submits all documentation stating Buyer as legal Title Holder and Owner of
Allocation to the shipping company.
7. Seller provides Buyer the full information of the shipping company. Buyer contacts
shipping company and finalizes the shipping schedule.
8. Seller sends Full Proof of Product to Buyer’s bank. The Full POP Documents include:
a. Copy of license to export, issued by the department of the Ministry of Energy, Russian
Federation
b. Copy of Approval to Export, issued by the Ministry of Justice, Russian Federation
c. Copy of statement of availability of the product.
d. Copy of the refinery commitment to produce the product.
e. Copy of Transneft contract to transport the product to the loading port.
f. Copy of the port storage agreement.
g. Copy of the charter party agreement(s) to transport the product to discharge port.
h. Copy of Tank Receipt.
i. Copy of Vessel Questionnaire 88.
j. Copy of Bill of Lading.
k. Dip Test Authorization.
9. After Buyer review of POP information, Seller activates Buyer’s LC by issuing 2% PB.
10. Delivery commences as per contract. Upon arrival of the cargo at the discharge port,
and after SGS / CIQ at the discharge port, payment is effected against presentation to
Buyer’s bank of complete set of export documents within 48 hours after SGS / CIQ report
via MT103 / TT.

Commission on the buyer’s side paid by the buyer in addition to the Invoiced price:
JP54 – total commission at 2 USD/bbl split
50% = 1 USD/bbl for XXXXX – Seller – closed
50% = 1 USD/bbl open for your group of intermediaries.
a) The agreed commission will be included within an Irrevocable Master Fee Protection
Agreement (IMFPA) to be signed between the Buyer and the nominated Consultants of
each party prior to issuance of the final Sales and Purchase Agreement (SPA).
b) The Buyer will be required to submit the signed and sealed IMFPA to his bank and
ensure automatic pay orders are issued by his bank in accordance with the terms and
conditions of the IMFPA and SPA.

D2 Procedures – Valid to: 31st May 2015 E.K. source…

Product: D2 – GASOIL L0.2-62, GOST 305-82
· Origin: Russian
· Quantities: 50000 – 100000 MT/month
larger volumes available over time
· Price NET: 480 USD/MT
· Delivery terms: CIF ROTTERDAM / ASWP
· Payment terms: LC activated by 2% PB of the seller,
· Payment is effected against presentation to Buyer’s bank of complete set of export
documents within 48 hours after SGS / CIQ report via MT103 / TT.

1. Buyer provides Corporate profile (CP) with Bios on the signatory and
2. Buyer’s General LOI with
· Product required – quantities for Contract monthly deliveries
· Payment terms proposed (proposed Bank and LC/payment structure)
· CIF port required
· Agreement confirming the general seller’s Procedures
3. Skype cc arranged by K-Trading – Direct contact between the buyer’s signatory and
the contracted Representatives of Title holders/Sellers
4. After the Seller’s approval, the buyer issues ICPO to the Seller via the contracted
seller’s Representatives and K-Trading
5. The seller/title holder responds with a Formal Offer, and direct discussions with the
Buyer.

1. Buyer issues formal ICPO with Sellers’s procedures incorporated in the ICPO.
2. Seller issues Draft Contract, and Buyer signs and returns Draft Contract.
3. Seller legalizes and notarizes the endorsed Contract officially with the appropriate
authorities, expenses borne by Seller.
4. Seller sends to Buyer Partial POP Documents:
a. Certificate of Origin of the Product.
b. Company Registration Certificate.
c. Statement of Product Availability
d. .Product Quality Passport (Dip Test Analysis).
e. Refinery Commitment to Produce the Product.
f. Refinery Affidavit.
5. Buyer issues preadvice DLC via MT705 as guarantee, and Seller issues the Attestation
Act of Transfer for Buyer’s endorsement to facilitate booking of allocation, obtaining
transaction code, and securing legitimate approval for the transfer of Ownership Title by
relevant authorities to Buyer’s name
6. Upon completion of the Act of Transfer with the Ownership Title transferred to Buyer’s
name, Seller submits all documentation stating Buyer as legal Title Holder and Owner of
Allocation to the shipping company.
7. Seller provides Buyer the full information of the shipping company. Buyer contacts
shipping company and finalizes the shipping schedule.
8. Seller sends Full Proof of Product to Buyer’s bank. The Full POP Documents include:
a. Copy of license to export, issued by the department of the Ministry of Energy, Russian
Federation
b. Copy of Approval to Export, issued by the Ministry of Justice, Russian Federation
c. Copy of statement of availability of the product.
d. Copy of the refinery commitment to produce the product.
e. Copy of Transneft contract to transport the product to the loading port.
f. Copy of the port storage agreement.
g. Copy of the charter party agreement(s) to transport the product to discharge port.
h. Copy of Tank Receipt.
i. Copy of Vessel Questionnaire 88.
j. Copy of Bill of Lading.
k. Dip Test Authorization.
9. After Buyer review of POP information, Seller activates Buyer’s LC by issuing 2% PB.
10. Delivery commences as per contract. Upon arrival of the cargo at the discharge port,
and after SGS / CIQ at the discharge port, payment is effected against presentation to
Buyer’s bank of complete set of export documents within 48 hours after SGS / CIQ report
via MT103 / TT.

Commission on the buyer’s side paid by the buyer in addition to the Invoiced price:
D2 – total commission at 10 USD/MT split
50% = 5 USD/MT for XXXXX – Seller – closed
50% = 5 USD/MT open for your group of intermediaries.
a) The agreed commission will be included within an Irrevocable Master Fee Protection
Agreement (IMFPA) to be signed between the Buyer and the nominated Consultants of
each party prior to issuance of the final Sales and Purchase Agreement (SPA).
b) The Buyer will be required to submit the signed and sealed IMFPA to his bank and
ensure automatic pay orders are issued by his bank in accordance with the terms and
conditions of the IMFPA and SPA.

Here’s to a strong and profitable 2015 Oil Year – RJ Hender


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