[Open for Buyers] CIF PROCEDURE③ – EN590 Supply Process Information

12/10/202512/18/2025

We are currently seeking sellers who are able to supply EN590 (10ppm) diesel under CIF (Cost, Insurance & Freight) terms.

This page provides the full official PROCEDURE (original English text) as presented by the seller,
along with an explanation of the conditions required for issuing an SCO (Soft Corporate Offer).

■ About SCO Issuance
For this transaction, the buyer must fully accept the PROCEDURE as a prerequisite.

First, we confirm whether the buyer’s required conditions match the PROCEDURE.
If the procedure aligns, the buyer proceeds to check and confirm the price (Price Check).
Once the buyer agrees to both procedure and price, the seller will issue the official SCO.

The flow is:Agreement to PROCEDURE → Price Confirmation → SCO Issuance
※ Buyers who cannot accept the PROCEDURE will not receive an SCO.

■APPROVED NON-NEGOTIABLE SPOT CIF PROCEDURES:
1.BUYER ISSUE ICPO MUST BE WITH BUYER COMPANY LETTERHEAD AND BUYER BANKINGINFORMATION.
2.SELLER ISSUE DRAFT CONTRACT TO BUYER.
3.BUYER SIGN AND RETURN BACK TO SELLER.
4.SELLER ISSUE THE PPOP DOCUMENTS TO BUYER VIA EMAIL ADDRESS SUCH AS A)STATEMENT OF AVAILABILITY OF PRODUCT, B)COMMITMENT TO SUPPLY, C)CERTIFICATE OF ORIGIN, D)PRODUCT QUALITY PASSPORT (ANALYSIS TEST REPORT) BY AZERBAIJANI STANDARD GOSTAZ.
5.SELLER SHALL SEND THE BUYER AN ESCROW CONTRACT TO STUDY AND SIGN
6.UPON THE SIGNATURE OF THE BUYER AND RETURN TO THE SELLER, THE BUYER ANDSELLER SHALL DEPOSIT ONE MILLION DALLARS EACH INTO THE SELLER ESCROW LAWYERACCOUNT IN SINGAPORE OR THE UNITED STATE OF AMERICA AND THIS PAYMENT WILL BEDEDUCTED FROM THE TOTAL COST OF PRODUCT AFTER INSPECTION AT DISCHARGE PORT.
7.UPON RECIEVING THE ESCROW PAYMENT, SELLER SHALL RELEASE THE FULL POPDOCUMENTS TO THE BUYER
A)COPY OF LICENSE TO EXPORT, ISSUED BY THE DEPARTMENT OF THE MINISTRY OF ENERGY,OF AZERBIJANI.
B)COPY OF APPROVAL TO EXPORT, ISSUED BY THE MINISTRY OF JUSTICE, AZERBIJANI. C)COPY OF STATEMENT OF AVAILABILITY OF THE PRODUCT
D)COPY OF THE REFINERY COMMITMENT TO PRODUCE THE PRODUCT.
E)COPY OF TRANSNET CONTRACT TO TRANSPORT THE PRODUCT TO THE LOADING PORT.
F)COPY OF THE PORT STORAGE AGREEMENT.
G)COPY OF THE CHARTER PARTY AGREEMENT TO TRANSPORT THE PRODUCT TO DISCHARGEPORT.
H)COPY OF VESSEL QUESTIONNAIRE 88.
I)COPY OF BILL OF LADING.
J)SGS REPORT AT LOADING PORT.
K)DIP TEST AUTHORIZATION (DTA) & ATB
L)NOR /ETA.
M)CERTIFICATE OF OWNERSHIP TRANSFER.
N)ALLOCATION TRANSACTION PASSPORT CODE CERTIFICATE (ATPCC) BY MINISTRY OFENERGY.
8.THE SHIPMENT SHOULD ARRIVE AT BUYER’S DISCHARGE PORT WITHIN 10~15 DAYS.
9.THE SGS INSPECTION WILL BE BORNE BY THE SELLER AT THE LOADING PORT AND BUYER ATTHE UNLOADING SEA PORT.
10.BUYER RELEASES PAYMENT TO SELLER BY TT/MT103 OR RELEASE THE ESCROW PAYMENTTO SELLER BANK UPON RECEIPT OF THE SHIPPING DOCUMENTS AND CONFIRMATION OF THEQ &.Q BY SGS/CIQ AT DESTINATION PORT.
11.SELLER PAYS COMMISSION WITHIN 48 HOURS BY SWIFT MT103 TO ALL INTERMEDIARIES ASSIGNED NCNDA/IMPFA.

For sellers or buyers interested in this CIF EN590 opportunity, please feel free to contact us.
SCO will be issued only after the buyer confirms compliance with the PROCEDURE and completes price confirmation.