Navigating For sale EN590 10PPM Transaction Steps from Kazakhstan to Global Markets

The global demand for cleaner diesel fuels has pushed EN590 10PPM diesel into the spotlight. Originating from Kazakhstan, this fuel grade meets strict sulfur content regulations, making it a preferred choice for many international buyers. However, the process of purchasing and transporting EN590 10PPM diesel involves several detailed steps to ensure quality, compliance, and smooth delivery. This post breaks down the transaction process, pricing, and logistics involved in moving EN590 10PPM diesel from Kazakhstan to key global ports like Rotterdam, Fujairah, and Houston.

Storage tanks at Kazakhstan refinery

Understanding EN590 10PPM Diesel and Pricing

EN590 10PPM diesel is a European standard diesel fuel with a maximum sulfur content of 10 parts per million. This low sulfur content reduces emissions and complies with environmental regulations in many countries.

• Price per Metric Ton (MT): $650 to $640

• Minimum Order Quantity: 100,000 MT

• Maximum Order Quantity: 500,000 MT

• Trial Lift: 100,000 MT

• Commission: $5 per MT on the buy-side

  
  

The pricing reflects the quality and origin of the product, with Kazakhstan serving as the supply source. Buyers can expect competitive rates given the volume and contract terms.

For sale EN590 10PPM: Key Transaction Terms and Payment

The transaction operates on a spot/trial basis initially, followed by a 12-month contract after a successful trial lift. Payment is made via MT103 or Telegraphic Transfer (TT), ensuring secure and traceable fund transfers.

• Mode of Transaction: Tank to Tank (TTT) with dip and pay method

• FOB Locations: Rotterdam, Fujairah, Houston

• Contract Terms: Spot/trial lift followed by a long-term contract after successful delivery

  
  

This structure allows buyers to verify product quality and delivery reliability before committing to larger volumes.

Step-by-Step Transaction Procedure

The transaction process is designed to protect both buyer and seller interests while ensuring transparency and compliance.

1. Buyer Acceptance and ICPO Issuance

   The buyer reviews and accepts the seller’s working procedure, then issues an Irrevocable Corporate Purchase Order (ICPO) addressed to the end seller via the seller’s representative.

   
   

2. Commercial Invoice and Tank Storage Agreement

   The seller issues a Commercial Invoice (CI). The buyer signs and returns the CI along with the Tank Storage Agreement (TSA) for the buyer’s storage facility.

   
   

   • Product Passport (analysis report)

   • Authorization to Verify (ATV) via email or call

   • Commitment Letter to Supplier

   • Authorization to Sell and Collect (ATSC)

   • Tank to Tank Injection Agreement (TTIA) signed by buyer’s tank farm

3. Provision of Proof of Product (PPOP)

   The seller provides essential documents to verify product authenticity and availability:

   
   

4. Quality and Quantity Verification

   The seller supplies SGS reports, Injection Reports, and an unconditional Dip Test Authorization (DTA) to confirm product quality and quantity.

   
   

5. Signing of NCNDA/IMFPA and Dip Test

   Both parties sign Non-Circumvention, Non-Disclosure Agreement (NCNDA) and International Master Fee Protection Agreement (IMFPA). Within 24 hours of a successful dip test in the seller’s tanks, the buyer provides a Tank Storage Receipt (TSR). The seller then proceeds with tank-to-tank injection and provides the injection report.

   
   

Diesel loading at Rotterdam port

1. Payment and Title Transfer

   The buyer pays the total cost of the injected product via MT103. The seller transfers title ownership and provides all necessary export documents.

   
   

2. Contract Signing and Intermediary Payments

   After the first lift, the seller pays all intermediaries involved and proceeds to sign a long-term contract with the buyer.

   
   

3. Simultaneous Payment and Delivery

   Buyer-side and seller-side commissions are paid simultaneously. The buyer pays the seller for the fuel, managed by a paymaster to ensure secure transactions.

   
   

Logistics and Loading Ports

The FOB loading points are strategically located in major global hubs:

• Rotterdam, Netherlands – Europe’s largest port, ideal for European distribution.

• Fujairah, UAE – A key bunkering and storage hub in the Middle East.

• Houston, USA – A major energy port serving North America.

  
  

These ports facilitate efficient delivery and distribution to end users worldwide.

Fuel injection at Fujairah storage tanks

How to Proceed with a Purchase

Interested buyers should submit a Letter of Intent (LOI) addressed to:

Jose Pagan

Nationwide Brokerage Group Inc

Email: CEO@nationwidebgny.com

The LOI initiates the transaction process and opens communication with the seller’s representative. For sale EN590 10PPM