SCO (JET A 1-EN590 10PPM-D6)

PROCEDURE TANK TO TANK (TTT). 1. Buyer issues ICPO and Company Registration Certificate or any I.D. With TSA for seller's approval 2. Seller issues Draft Commercial Invoice; Buyer signs and returns to Seller . 3. Seller issues a copy of SGS report to the Buyer' s Tank Farm to verify product in seller's tank reservoir & SGS report, along with Confidential Non-disclosure agreement (NDA) 4. Upon successful verification of SGS &product by the buyer's tank farm, buyer pays his tank farm for 2 days and seller pays for 3 days . 5. Seller provides buyer with FUL POP Documents : A. Fresh SGS Report less than 48 hours B. Dip Test Authorization-Unconditional C. Injection Report D. Tank Storage Receipt with GPS Coordinates E. Tank Farm Bar—code Information F. Letter of Commitment to Supply G. Registration Certificate & Export License Copy H. Authority to Sell & Collect (ATSC) I. Endorsed Injection Schedule by the buyer & buyer Tank Farm K. 6.Irrevocable Commitment to Supply for Spot and 12 months Contract Injection Schedule signed by buyer & buyer' s tank farm tank, via SGS on buyer s cost, seller injects the fuel to buyer' s tank and Buyer makes payment based on Q&Q by MT103 Wire Transfer/ TT according to the final Commercial Invoice . 7. Seller transfers the title of ownership as per Buyer' s instruction. Buyer lifts the product . 8. Seller pays all intermediaries involved in the transaction and subsequently monthly contract shipment continues as per terms and conditions of the sales and purchase agreement contract between buyer and seller . TRANSACTION PROCEDURE: (TANK TO VESSEL) 1. Buyer confirms soft offer and issues ICPO along with Charter Party Agreement (CPA) for seller's approval 2. Seller issues commercial invoice (CI) for the available quantity in the seller's storage tank. 3.Buyer signs CI and return Product (PPOP) documents to the buyer : A. Tank storage reservoir receipt B. Product passport report C. Title Transfer Affidavit document D. Certificate of origin E. DTA (to be endorsed by buyer and buyer shipping company to program dip test in seller’s tank) 4. Buyer conducts the quality and quantity SGS inspection. Upon the satisfactory dip—test report, the buyer pays the seller for the total cost of the product. 5. The seller transfers title to the buyer and injects the product into the buyer' s reservoir or vessel . Necessary documents like the Irrevocable Paymaster Agreement (IPA) or Tank to Vessel injection agreement (TTVIA) are signed by the seller and buyer before pumping . 6.The seller pays commissions to all intermediaries within 48 hours after receiving payment from the buyer. 7.The seller and buyer sign a contract for a 12—month shipment if necessary and satisfactory. The buyer schedules for the dip test at the seller' s tank storage It is essential to ensure that all steps and documents in the transaction adhere to legal and regulatory requirements specific to the jurisdictions involved. Consulting legal professionals experienced in international trade or energy transactions can help ensure compliance with all relevant laws and regulations . 8. We appreciate the opportunity to engage in this transaction and look forward to a mutually TRANSACTION PROCEDURE: (TANK TO VESSEL 2) 1. Buyer issues ICPO and CPA for seller's verification. 2. The Seller issues the Commercial Invoice, which the Buyer signs and returns to the Seller 3. The Seller and Buyer equally share the Q88 cost (50/50), payable to the Buyer’s nominated shipping company. This payment is secured by an MOU among the Seller, Buyer, and Shipper, ensuring refunds to both parties if either fails to proceed with the allocation. 4. Within 48 hours of receiving the Q88 from the Buyer’s shipping company, the Seller will release the following Proof of Product (POP) documents: A. Tank Storage Receipt (TSR) with full info including Terminal, Barcode & GPS. B. Injection report. C. Fresh SGS Report less than 48 hours D. Unconditional DTA on buyer’s name E. Authorization to verify (ATV) F. Authorization to Sell and Collect fund (ATSC) G. Commitment to Supply. (CTS) H. Product passport and analytical report (PP) I. Certificate of origin (COO) J. Attestation of allocation (AOA) K. Legalized commercial invoice. 5. Buyer verifies and confirms POP as above & orders SGS to conduct Dip Test of the product in the seller tanks. 6. Upon successful Dip Test, Seller issues the full injection schedule to the Buyer. 7. The Buyer shall make the total payment via MT103, covering the product cost and the seller’s initial 50%share of the Q88 payment, upon a successful Dip Test at the Seller’s tank. Payment must be completed within 48 hours, or the Buyer will be responsible for the daily tank extension costs.