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FULL CORPORATE OFFER CIF & FOB


DATE: 02 SEPTEMBER 2019 VALIDITY UNTIL: 08 DECEMBER 2019
FULL CORPORATE OFFER
CIF AND FOB PROCEDURES

GNGROUP in collaboration with Our Refinery, Manufactory, Factory, Supplier or Seller, with Ref GNG/TRO-SGD45GDH4784CC/SEP-DEC/2019 full legal responsibility, hereby issue this Soft/Full Corporate Offer with given terms and conditions as stated in this Offer to confirm our readiness to execute a Sales and Purchase Agreement with the ability to supply the following commodity according to the terms and conditions stipulated in this soft corporate offer

ITEM
CONTENTS
DESCRIPTIONS
1.
DELIVERY DURATION CIF
Shipment Time 15 Days – 21 Days
2.
DELIVERY DURATION FOB
Shipment Time 2 Days – 3 Days
3.
INSPECTION PRODUCT
SGS or Equivalent
4.
SPECIFICATION
Standard Specifications
And the Refinery Can Realize and Serve Any Variation in The Specification as Products If the Buyer Asks for It in the ICPO
5.
PAYMENTS TERMS FOR: 
PROCEDURES NO.1
PROCEDURES FOB DIP & PAY
FOB STORAGE TANK TO STORAGE TANK ONLY
BUYER COMMITMENT:
Buyer's signs and returns Draft Contract + CI + Warning Letter + NCND IMFPA + TSA to seller. Seller will complete Verification on the TANK FARM of the buyer before making their three (3) days tank lease payment.

SELLER + BUYER COMMITMENT:
Seller leases and pays the buyer’s tank for 3 days for the Injection Process. Buyer pays his Tank Farm Company for his two (2) days’ tank storage costs, (totalling a five (5) day TSR) after his Tank Farm Company has received the payment from Seller Company three (3) days cost.

FINAL PAYMENT:
Buyer conducts Dip test on the product and makes the payment for the total value of product injected into the tanks through the means of MT103- TT.
6.
PAYMENTS TERMS FOR: 
PROCEDURES NO.2
PROCEDURES FOB DIP & PAY
FOB STORAGE TANK TO STORAGE TANK ONLY
BUYER COMMITMENT:
Buyer contact their tank farm to obtain the BOOKING CONFIRMATION LETTER and NOR from there tank farm confirming their readiness to receive the product in their storage tank and send to the seller. 

SELLER COMMITMENT:
Seller approve and issue DTA for buyer and its SGS Agents to proceeds with the dip Test inspection process on seller's tank. 

FINAL PAYMENT
Upon successful dip test, Buyer makes 100% payment by MT103 TT Wire Transfer for the total product
7.
PAYMENTS TERMS FOR: 
PROCEDURES NO.3
PROCEDURES FOB DIP & PAY
BANKING PROCEDURES
STORAGE TANK TO STORAGE TANK OR STORAGE TANK TO VESSEL
Dip Test on Seller tank before injection into buyer hire tank
BUYER COMMITMENT:
Buyer bank within 4 days issues DLC MT700 or SBLC MT760 to nominated seller bank and sends swift Copy to Seller

FINAL PAYMENT:
Buyer conduct dip test in hired tanks by SGS or Agent and Buyer authorize Payment for the Fuel via MT103 or T/T and Seller transfer the ownership of the tank to buyer and along with Title documents to buyer.
8.
PAYMENTS TERMS FOR: 
PROCEDURES NO.4
PROCEDURES FOB DIP & PAY
FOB STORAGE TANK TO VESSEL ONLY
BUYER COMMITMENT:
Buyer itself complete CPA with Russian Shipping Company. Russian Shipping Company issued Q88 to buyer. Q88 and All Shipping Documents must contain the Seller name as Supplier and the buyer as the tenant.

FINAL PAYMENT:
Upon Buyer lift fuel into their own Vessel and after the buyer make payment via MT103/T/T against lifted quantity to Seller nominated bank.
9.
PAYMENTS TERMS FOR: 
PROCEDURES NO.5
PROCEDURES FOR CIF ASWP TRIAL/CONTRACT
Payment guarantee: DLC via MT700 or SBLC or BG via SWIFT MT760 only, Payment to Fiduciary Company Outside Russia

BUYER COMMITMENT:
Buyer within 5 banking days, buyer's bank sends DLC MT700 or SBLC/BG MT760 to seller nominated bank and send swift copy to Seller.

But if the buyer fails to issue sends SWIFT MT700 DLC or MT760 SBLC/BG within Five 5 Banking days, as an alternative provision buyer pays via MT103 TT the shipping cost to seller, the amount of the shipping cost depends on the location of the country and continental port. Upon the confirmation of the shipping cost, the Seller will proceed with the loading of the product without any delay, which will be deducted from the product’s invoice value when final payment is made by the buyer after discharge of product at the destination port

FINAL PAYMENT:
IF SHIP TO SHIP OCEAN:
Buyer submits his Vessel information. Q88, CPA and Location Clearance. Vessel Captains contact each other and coordinate boarding of vessel for buyer’s inspectors. Upon successful dip test, Buyer pays for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer delivered into vessel, 100% payable for each shipment within 1-2 banking days upon the cargo passed SGS.

IF SHIP TO BUYER’S PORT:
GNGROUP or Refinery loads the vessel, inspects the product on-board the vessel and deliver the product at a mutually agreed safe port. At the delivery port, the buyer will conduct his own inspection to ascertain the quantity and quality of the product. Upon successful dip test, Buyer pays for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer delivered into vessel, 100% payable for each shipment within 1-2 banking days upon the cargo passed SGS.
10.
PAYMENTS TERMS FOR: 
PROCEDURES NO.6
PROCEDURES FOR CIF ASWP TRIAL/CONTRACT
Payment guarantee: DLC via SWIFT MT700 only, Payment to Fiduciary Company Outside Russia
Country Receiving Bank: MALAYSIA
BUYER COMMITMENT:
Buyer within 5 banking days, buyer's bank sends SWIFT MT700 via DLC to seller nominated bank and send swift copy to Seller.

But if the buyer fails to issue sends SWIFT MT700 via DLC within Five 5 Banking days, as an alternative provision buyer pays via MT103 TT the shipping cost to seller, the amount of the shipping cost depends on the location of the country and continental port. Upon the confirmation of the shipping cost, the Seller will proceed with the loading of the product without any delay, which will be deducted from the product’s invoice value when final payment is made by the buyer after discharge of product at the destination port

FINAL PAYMENT:
IF SHIP TO SHIP OCEAN:
Buyer submits his Vessel information. Q88, CPA and Location Clearance. Vessel Captains contact each other and coordinate boarding of vessel for buyer’s inspectors. Upon successful dip test, Buyer pays for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer delivered into vessel, 100% payable for each shipment within 1-2 banking days upon the cargo passed SGS.

IF SHIP TO BUYER’S PORT:
GNGROUP or Refinery loads the vessel, inspects the product on-board the vessel and deliver the product at a mutually agreed safe port. At the delivery port, the buyer will conduct his own inspection to ascertain the quantity and quality of the product. Upon successful dip test, Buyer pays for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer delivered into vessel, 100% payable for each shipment within 1-2 banking days upon the cargo passed SGS.
11.
PAYMENTS TERMS FOR: 
PROCEDURES NO.7
FOB WITH TTM PROCEDURES WITH GNGROUP AT TITLE HOLDER PRODUCT ADMINISTRATIVE OFFICE (FACE TO FACE) MEETING, SIGNING AND GET POP AT MOSCOW RUSSIA

FOB TANK TO TANK OR
FOB TANK TO VESSEL
BUYER COMMITMENT:
The buyer will make a security payment by depositing a total of USD500,000 into an escrow account specifically opened for the purpose of this transaction by the mutually agreed and appointed solicitor governed by the terms and conditions as stated in the FCO whereby the sum shall be refunded to the buyer upon successful completion of the transaction. However, should the buyer fails to comply or breach with any of the terms and conditions stipulated in the sales procedures, the security payment shall be paid and transferred to GNGROUP with immediate effect

Note:
i. Security Payment is not an Advance Money
ii. GNGROUP acts as a Transaction Controller, to ensure that the Buyer and Title Holder of Product, 100%, fulfil the responsibility of following procedures by GNGROUP

FIRST PAYMENT:
UPON SGS REPORT + POP CONFIRMED BY THE BUYER, BUYER ISSUE 30% PAYMENT MT 103 / TT TO TITLE HOLDER ACCOINT.

FINAL PAYMENT:
SELLER INJECT TO BUYER’S TANK OR VESSEL; BUYER CONFIRM LOADING OR INJECTION AND REMIT BALANCE 70%
PRODUCT OFFER
DIESEL-GAS OIL L0.2-62 GOST 305-82 (DIESEL D2)
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$390 / 380 PER MT
FOB PRICE GROSS / NET
USD$370 / 360 PER MT
QUANTITY MINIMUM
50,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM
900,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
RUSSIAN MAZUT M100 GOST 10585-75 OR 99
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$290 / 280 PER MT
FOB PRICE GROSS / NET
USD$270 / 260 PER MT
QUANTITY MINIMUM
50,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM
300,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
RUSSIAN JET FUEL JP54 OR JET A191/91 (AVIATION KEROSENE COLONIAL GRADE 54/A1)
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$68 / 66 PER BBL
FOB PRICE GROSS / NET
USD$58 / 56 PER BBL
QUANTITY MINIMUM
500,000.00 BBL PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM
5,000,000.00 BBL PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM
COMMISSION
USD$2.00 PER BBL
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$390 / 380 PER MT
FOB PRICE GROSS / NET
USD$370 / 360 PER MT
QUANTITY MINIMUM
50,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM
300,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
RUSSIAN D6 VIRIGIN FUEL OIL 
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$0.89 / 0.87 PER GALLON
FOB PRICE GROSS / NET
USD$0.85 / 0.83 PER GALLON
QUANTITY MINIMUM
1,000,000 GALLONS
QUANTITY MAXIMUM
50,000,000 GALLONS
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION
USD$0.02 PER GALLON
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
DIESEL EN590 10PPM: EURO 5 OR EURO 4 
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$390 / 380 PER MT
FOB PRICE GROSS / NET
USD$370 / 360 PER MT
QUANTITY MINIMUM
20,000 MT
QUANTITY MAXIMUM
200,000 MT
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK / PRIMORKS
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
RUSSIA EXPORT BLEND CRUDE OIL (REBCO) – GOST 51 858-2002 OR GOST 9965-76
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$85 / 83 PER BBL
FOB PRICE GROSS / NET
USD$75 / 73 PER BBL
QUANTITY MINIMUM
100,000 BBLS
QUANTITY MAXIMUM
10,000,000 BBLS
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: NOKHODKA / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION
USD$5 PER BBL
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
RUSSIAN HSD2 GAS OIL L-0.2-62 GOST 305-82 AGO (AUTOMATIVE GAS OIL) 
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$390 / 380 PER MT
FOB PRICE GROSS / NET
USD$370 / 360 PER MT
QUANTITY MINIMUM
50,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM
300,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: TO BE ADVICED
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
RUSSIAN LIQUEFIELD PETROLEUM GAS (PROPANE (C3H8) 50%+ BUTANE (C4H10) – LPG 
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$320 / 310 PER MT
FOB PRICE GROSS / NET
USD$300 / 290 PER MT
QUANTITY MINIMUM
50,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM
300,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$320 / 310 PER MT
FOB PRICE GROSS / NET
USD$300 / 290 PER MT
QUANTITY MINIMUM
50,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM
300,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$380 / 370 PER MT
FOB PRICE GROSS / NET
USD$360 / 350 PER MT
QUANTITY MINIMUM
10,000.00 MT PER MONTHS
QUANTITY MAXIMUM
100,000.00 MT PER MONTHS
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$270 / 260 PER MT
FOB PRICE GROSS / NET
USD$250 / 240 PER MT
QUANTITY MINIMUM
10,000.00 MT PER MONTHS
QUANTITY MAXIMUM
100,000.00 MT PER MONTHS
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$290 / 280 PER MT
FOB PRICE GROSS / NET
USD$270 / 260 PER MT
QUANTITY MINIMUM
50,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM
100,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
RUSSIAN SUPER GASOLINE 91 RON (UNL) 93, 89, 95 OCTANES 
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$340 / 330 PER MT
FOB PRICE GROSS / NET
USD$320 / 310 PER MT
QUANTITY MINIMUM
50,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM
300,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM / NOVOROSSIYSK
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
RUSSIAN BASE OIL SN.150, SN 100, SN 300, SN 500 
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$380 / 370 PER MT
FOB PRICE GROSS / NET
USD$360 / 350 PER MT
QUANTITY MINIMUM
50,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM
100,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
FOR FOB DESTINATION
PORT: ROTTERDAM / NOVOROSSIYSK / VLADIVOSTOK
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
LIGHT CRUDE OIL
ORIGIN
RUSSIA FEDERATION
CIF ASWP GROSS / NET
USD$85 / 80 PER MT
QUANTITY MINIMUM
50,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
QUANTITY MAXIMUM
100,000.00 MT PER MONTHS WITH R&E INTO YEARLY CONTRACT
FOR CIF DESTINATION
ANY SAFE WORLD PORT OR SHIP TO SHIP INTERNATIONAL WATER
COMMISSION
USD$10 PER MT
BUYER’S COMMITMENT
OFFICIAL ICPO + SCAN PASSPORT + CP + LATEST BCL
METHOD OF PAYMENT
SWIFT MT700 DLC OR SWIFT MT760 SBLC OR SWIFT MT760 BG
REFERANCE PROCEDURES NUMBER 1
TRANSACTION PROCEDURE FOB SPOT CI DIP & PAY FOR PORT OF HOUSTON / ROTTERDAM / PRIMORSK
STORAGE TANK TO STORAGE TANK
STEP 1
GNGROUP issued to Buyer:
a) Official FCO
b) Template ICPO Format
c) Template BCL Format

STEP 2
Buyer issues to:
a) Official ICPO to GNGROUP (M) SDN. BHD.
b) Buyer’s Scan Passport
c) Buyer’s Company Profile
d) Buyer’s Latest BCL

STEP 3
Seller issues Draft Contract + CI + Warning Letter to Buyer + NCND IMFPA

STEP 4
Buyer's signs and returns Draft Contract + CI + Warning Letter + NCND IMFPA + TSA to seller.

STEP 5
Seller will complete Verification on the TANK FARM of the buyer before making their three (3) days tank lease payment.

STEP 6
Seller leases and pays the buyer’s tank for 3 days for the Injection Process. Buyer pays his Tank Farm Company for his two (2) days’ tank storage costs, (totalling a five (5) day TSR) after his Tank Farm Company has received the payment from Seller Company three (3) days cost.

STEP 7
Seller issues Unconditional DTA and SGS report

STEP 8
Buyer conducts Dip test on the product and makes the payment for the total value of product
injected into the tanks through the means of MT103- TT.

STEP 9
Seller pays all intermediaries involved in the transaction and subsequently monthly shipment
continues as per terms and conditions of the sales and purchase agreement contract between buyer
and seller.

REFERANCE PROCEDURES NUMBER 2
NON-NEGOTIABLE PROCEDURE SPOT / FOB
STORAGE TANK TO STORAGE TANK

STEP 1
GNGROUP issued to Buyer:
a) Official FCO
b) Template ICPO Format
c) Template BCL Format

STEP 2
Buyer issues to:
a) Official ICPO Via GNGROUP (M) SDN. BHD.
b) Buyer’s Scan Passport
c) Buyer’s Company Profile
d) Buyer’s Latest BCL To GNGROUP (M) SDN. BHD.
e) Tank Storage Agreement (TSA)

STEP 3
Seller issues commercial invoice (CI) for the available quantity in the storage tank to buyer. Buyer signs and returns to seller the commercial invoice and a scan copy of the buyer's passport. 

STEP 4
Seller receives the signed (CI) and issues to Buyer the PPOP documents:     
a. Tank Storage Receipt (TSR).     
b. Authorization to Verify (ATV-with phone call and email).     
c. Authorization to Sell/Collect (ATSC).     
d. certificate of origin

STEP 5
Buyer contact their tank farm to obtain the BOOKING CONFIRMATION LETTER and NOR from there tank farm confirming their readiness to receive the product in their storage tank and send to the seller. 

STEP 6
Seller approve and issue DTA for buyer and its SGS Agents to proceeds with the dip Test inspection process on seller's tank. 

STEP 7
Upon successful dip test, Buyer makes 100% payment by MT103 TT Wire Transfer for the total product

STEP 8
Seller proceeds with the tank to tank transfer of the product to the buyers secured shore tank at the loading port. 

STEP 9
Seller pays All Intermediary Involved in the Transaction, and Subsequently Monthly Shipment Continues as per Terms and Conditions of the Sales and Purchase Agreement Contract between Buyer and Seller. 

STEP 10
Seller issues draft contract to buyer to review for R & E monthly deliveries.
REFERANCE PROCEDURES NUMBER 3
PROCEDURES FOB DIP & PAY BANKING PROCEDURES
STORAGE TANK TO STORAGE TANK OR STORAGE TANK TO VESSEL
Dip Test on Seller tank before injection into buyer hire tank

STEP 1
GNGROUP provides to buyers:
a) SOFT CORPORATE OFFER (SCO)
b) TEMPLATE ICPO FORMAT
c) BCL Format Template

STEP 2
Buyer provides to GNGROUP:
a) Official ICPO, Address ICPO to: GNGROUP (M) SDN. BHD., Attn to: MR SYAPOL MA'AROF MOHD
b) Copy of Buyer Scan Passport
c) Buyer's Company Profile in PDF file
d) Latest BCL To GNGROUP (M) SDN. BHD.

STEP 3
GNGROUP Issues SPA and Proforma Invoice for Buyer to sign and return to Seller

STEP 4
Buyer bank within 4 days issues DLC MT700 or SBLC/BG MT760 to seller nominated bank and sends swift Copy to Seller

STEP 5
Fiduciary Post 2% PB to buyer bank after authentication and verification of the DLC/SBLC via bank to bank and Within 4-7 days Seller hires tanks at their own cost and injects fuel into the hired tanks and then Seller sends to Buyer the following Documents

a. Unconditional DTA
b. Authorization to Verify (ATV)
c. TSR
d. Fresh SGS (less than 48 hours old)
e. Commitment to Supply
f. Certificate of Origin
g. Q & Q done by indigenous lab at port of Origin
h. Authorization to Sell (ATS)
i. License Certificate
j. Statement of availability of product

STEP 6
Buyer conduct dip test in hired tanks by SGS or Agent and Buyer authorize Payment for the Fuel via MT103 or T/T and Seller transfer the ownership of the tank to buyer and along with Title documents to buyer.

STEP 7
Seller pays commission to Seller Side and Buyer Side:
50% of total commissions - Closed to Seller Mandate Holder
50% of total commissions - Open to Buyer Mandate and Buyer Intermediaries

STEP 8
For monthly Bank Buyers Will issue New SBLC or BG or DLC Expansion for 12 Months for Subsequent Shipping and GNGROUP opens 2% PB to buyer bank for 12-month contract sales of products. Seller move the fuel to Port Rotterdam and inject fuel into the hired tank and issue DTA/ATV/ Fresh SGS/TSR with (GPS), PIR/Q88/BL to buyer and buyer dip test and pay via MT103/T/T this will continue till the 12 months delivery is completed.
REFERANCE PROCEDURES NUMBER 4
PROCEDURES FOB DIP & PAY
FOB STORAGE TANK TO VESSEL

STEP 1
BUYER ISSUES ICPO + COMPANY PROFILE + SCAN PASSPORT Issue to Sales Director of: GNGROUP (M) SDN. BHD. ATTN: MR. SYAPOL MA’AROF MOHD., Latest BCL To GNGROUP (M) SDN. BHD. 

STEP 2
Seller send CI (Commercial Invoice) for buyer review and sign

STEP 3
Buyer returns CI and provides CPA from Russian Shipping Company and must be sent to Seller for review and approval.

STEP 4
The seller informed the buyer CPA status, whether CPA can be applied or rejected. If the CPA is approved, Buyer must place the Seller Name as Supplier in the CPA and Buyer as a Vessel tenant.

STEP 5
Buyer itself complete CPA with Russian Shipping Company. Russian Shipping Company issued Q88 to buyer. Q88 and All Shipping Documents must contain the Seller name as Supplier and the buyer as the tenant.

STEP 6
As soon as the seller receives the Q88 and shipping documents from the buyer. Seller issue POP Documents and send directly to buyer email address the following:
a) Commitment to supply
b) Certificate of Origin
c) Q&Q done by indigenous lab at port of Origin
d) Notice of Readiness to Commence Injection of the Product into buyer Vessel
e) Authorization to Seller
f) License Certificate

STEP 7
Buyer provide Full details of the Captain and Readiness to Receive the Fuel into the Vessel (RTRF) A. Port terminal code of the Shipping company and all documents address to Seller by Shipping company.

STEP 8
Seller provide to buyer Dip Test Authorization, Pre-Injection Report, Tank with fuel to inject in buyer tank, Authorization to Verify, Fresh SGS to Buyer and Buyer Send SGS to conduct Dip test and SGS issue SGS report to buyer

STEP 9
Seller Transfer fuel into buyer Vessel

STEP 10
Upon Buyer lift fuel into their own Vessel and after the buyer make payment via MT103/T/T against lifted quantity to Seller nominated bank.

STEP 11
Seller issue Title Ownership Documents to buyer upon confirm buyer payment.

STEP 12
Seller pays commission to Seller Side and Buyer Side
A) The 50% of total commissions - Closed to Seller Side
B) The 50% of total commissions - Open to Buyer Mandate and Buyer Intermediaries, (only one pay master)

STEP 13
Buyer open SBLC/MT760 for monthly shipment and Seller open 2%PB to buyer.

STEP 14
Seller inject fuel into buyer Vessel and Buyer Pays by MT103 against SGS report and Seller issue Title ownership documents to buyer (Process revolves until exhaustion of contract)
REFERANCE PROCEDURES NUMBER 5
PROCEDURES FOR CIF ASWP TRIAL/CONTRACT
Payment guarantee: SBLC or BG via SWIFT MT760 only, Payment to Fiduciary Company Outside Russia
Country Receiving Bank: CHINA

STEP 1
GNGROUP provides to buyers:
a) SOFT CORPORATE OFFER (SCO)
b) TEMPLATE ICPO FORMAT
c) TEMPLATE BCL FORMAT

STEP 2
Buyer provides to GNGROUP:
a) Official ICPO, Address ICPO to: GNGROUP (M) SDN. BHD., Attn to: MR SYAPOL MA'AROF MOHD
b) Copy of Buyer Scan Passport
c) Buyer's Company Profile in PDF file
D) Latest BCL to GNGROUP (M) SDN. BHD.

STEP 3
GNGROUP provides to buyers:
Draft SPA (Sales Purchases Agreement) For review, completion or any correction.

STEP 4
Then the buyer sends Email the Draft SPA back to GNGROUP Via Email

STEP 5
GNGROUP provides to buyer "Proforma Invoice" and Buyer sign proforma invoice and email back to GNGROUP

STEP 6
Buyer within 5 banking days, buyer's bank sends DLC MT700 or SBLC/BG MT760 To seller nominated bank and send swift copy to Seller. But if the buyer fails to issue DLC MT700 or SBLC/BG MT760 within Five (5) working days, as an alternative provision buyer pays via SWIFT MT103 TT the Shipping Cost and Buyer Commitments to the seller, the amount of the shipping cost depends on the location of the country and continental port

STEP 7
Seller issue Full POP and Shipping Documents, 2% PB Including:
a) Copy of Commercial Invoice.
b) Copy of Approval to License certificate.
c) Copy of Statement of Availability of the Product.
d) Copy of the Refinery Commitment to Produce the Product.
e) Copy of the Transnet Contract to Transport the Product to the Port.
f) Copy of the Port Storage Agreement.
g) Copy of the Charter Party Agreement(S) To Transport the Product to Discharge Port.
h) Dip test Authorization, Tank receipt and SGS report.
i) Copy of Vessel Questionnaire 88
j) Copy of Bill of Lading.
k) Certificate of Origin.
l) Allocation Transaction Passport Code Certificate [ATPCC]
m) The customs formalities, and test report to buyer/Bank.

STEP 8
IF SHIP TO SHIP OCEAN:
Buyer submits his Vessel information. Q88, CPA and Location Clearance. Vessel Captains contact each other and coordinate boarding of vessel for buyer’s inspectors. Upon successful dip test, Buyer pays for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer delivered into vessel, 100% payable for each shipment within 1-2 banking days upon the cargo passed SGS.

IF SHIP TO BUYER’S PORT:
GNGROUP or Refinery loads the vessel, inspects the product on-board the vessel and deliver the product at a mutually agreed safe port. At the delivery port, the buyer will conduct his own inspection to ascertain the quantity and quality of the product. Upon successful dip test, Buyer pays for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer delivered into vessel, 100% payable for each shipment within 1-2 banking days upon the cargo passed SGS.

STEP 9
Product is transferred to buyer's vessel with all shipping documentation and title is transferred to buyer.

STEP 10
Seller pays commission to Seller Side and Buyer side commissions:
A. 50%: Seller Side: (50% Closed to Seller Side)
B. 50%: Buyer side: (50% Open to Buyer Mandate & Intermediaries)
C. The agreed commission will be included within an Irrevocable Master Fee, Protection Agreement (IMFPA) to be signed between the buyer and the seller, group of each party prior to issuance of the Sales and Purchase Agreement (SPA).

STEP 11
Bank Buyers Will issue New SBLC or BG or DLC Expansion for 12 Months for Subsequent Shipping and GNGROUP opens 2% PB to buyer bank for 12-month contract sales of products.
REFERANCE PROCEDURES NUMBER 6
PROCEDURES FOR CIF ASWP TRIAL/CONTRACT
Payment guarantee: SBLC via SWIFT MT700 only, Payment to Fiduciary Company Outside Russia
Country Receiving Bank: USA

STEP 1
GNGROUP provides to buyers:
a) SOFT CORPORATE OFFER (SCO)
b) TEMPLATE ICPO FORMAT
c) TEMPLATE BCL FORMAT

STEP 2
Buyer provides to GNGROUP:
a) Official ICPO, Address ICPO to: GNGROUP (M) SDN. BHD., Attn to: MR SYAPOL MA'AROF MOHD
b) Copy of Buyer Scan Passport
c) Buyer's Company Profile in PDF file
D) Latest BCL to GNGROUP (M) SDN. BHD.

STEP 3
GNGROUP provides to buyers:
Draft SPA (Sales Purchases Agreement) For review, completion or any correction.

STEP 4
Then the buyer sends Email the Draft SPA back to GNGROUP Via Email

STEP 5
GNGROUP provides to buyer "Proforma Invoice" and Buyer sign proforma invoice and email back to GNGROUP

STEP 6
Buyer within 5 banking days, buyer's bank sends Swift DLC MT700 to seller nominated bank and send swift copy to Seller. But if the buyer fails to issue DLC MT700 within Five 5 Banking days, as an alternative provision buyer pays via MT103 TT the shipping cost to seller, the amount of the shipping cost depends on the location of the country and continental port. Upon the confirmation of the shipping cost, the Seller will proceed with the loading of the product without any delay, which will be deducted from the product’s invoice value when final payment is made by the buyer after discharge of product at the destination port

STEP 7
Seller issue Full POP and Shipping Documents, 2% PB Including:
A. CERTIFICATE OF INCORPORATION 
B. ACT OF TRANSFER
C. COMMERCIAL INVOICE 
D.COMPANY TAXPAYER’S CERTIFICATE
E. FRESH SGS REPORT 
F. TANK RECEIPT 
G. Q88 AND QUALITY SPECIFICATION 
H. BILL OF LADING.
 I. NOR-NOTICE OF READINESS 
J. ETAESTIMATED TIME OF ARRIVAL

STEP 8
Buyer notifies seller by official written notice of his bank receiving seller’s pop documents while seller sends to the buyer the registered hard copy of the contract through courier service within two (2) working days.

STEP 9
IF SHIP TO SHIP OCEAN:
Buyer submits his Vessel information. Q88, CPA and Location Clearance. Vessel Captains contact each other and coordinate boarding of vessel for buyer’s inspectors. Upon successful dip test, Buyer pays for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer delivered into vessel, 100% payable for each shipment within 1-2 banking days upon the cargo passed SGS.

IF SHIP TO BUYER’S PORT:
GNGROUP or Refinery loads the vessel, inspects the product on-board the vessel and deliver the product at a mutually agreed safe port. At the delivery port, the buyer will conduct his own inspection to ascertain the quantity and quality of the product. Upon successful dip test, Buyer pays for “exact quantity” of product in Proforma Invoice using MT-103 / TT by Wire transfer delivered into vessel, 100% payable for each shipment within 1-2 banking days upon the cargo passed SGS.

STEP 10
Product is transferred to buyer's vessel with all shipping documentation and title is transferred to buyer.

STEP 11
Seller pays commission to Seller Side and Buyer side commissions:
A. 50%: Seller Side: (50% Closed to Seller Side)
B. 50%: Buyer side: (50% Open to Buyer Mandate & Intermediaries)
C. The agreed commission will be included within an Irrevocable Master Fee, Protection Agreement (IMFPA) to be signed between the buyer and the seller, group of each party prior to issuance of the Sales and Purchase Agreement (SPA).

STEP 12
Bank Buyers Will issue New SBLC or BG Expansion for 12 Months for Subsequent Shipping and GNGROUP opens 2% PB to buyer bank for 12-month contract sales of products.
REFERANCE PROCEDURES NUMBER 7
FOB WITH TTM PROCEDURES WITH GNGROUP AT TITLE HOLDER PRODUCT ADMINISTRATIVE OFFICE (FACE TO FACE) MEETING,
SIGNING AND GET POP AT MOSCOW RUSSIA
FOB TANK TO TANK OR FOB TANK TO VESSEL

STEP 1
GNGROUP Provides
a) FCO Procedures TTM
b) ICPO Format Template
c) BCL Format Template

STEP 2
Buyer Issues
a) ICPO To GNGROUP (M) SDN. BHD., Attn: Mr SYAPOL MA’AROF. MOHD
b) Company Profile
c) Buyer Scan Passport
d) Latest BCL To GNGROUP (M) SDN. BHD.

STEP 3
GNGROUP Validates Buyer’s Documents and issues Proforma Invoice + MOU. The buyer returns the Proforma Invoice + MOU with the official signature and stamping

STEP 4
The buyer will make a security payment by depositing a total of USD500,000 into an escrow account specifically opened for the purpose of this transaction by the mutually agreed and appointed solicitor governed by the terms and conditions as stated in the FCO whereby the sum shall be refunded to the buyer upon successful completion of the transaction. However, should the buyer fails to comply or breach with any of the terms and conditions stipulated in the sales procedures, the security payment shall be paid and transferred to GNGROUP with immediate effect

Note:
i. Security Payment is not an Advance Money
ii. GNGROUP acts as a Transaction Controller, to ensure that the Buyer and Title Holder of Product, 100%, fulfil the responsibility of following procedures by GNGROUP

STEP 5
Lawyer confirmed the security payment escrow and GNGROUP obtained an Invitation Letter from the Russian Title Holder and issued a confirmation letter to confirm.

STEP 6
After receiving the Official Invitation Letter from Russia, the buyer is responsible for purchasing Round Trip Flight Tickets and Booking the Hotel as suggested in the Invitation Letter. 2 - 3 representatives of GNGROUP should be funded by buyers including their Pocket Money

STEP 7
Title Holder Confirms Arrival and Will Pick up Buyer + GNGROUP from Moscow Airport.

STEP 8
Buyers visit the Title Holder Administrative Office for TTM (Face to Face) meetings to sign SPA & CI and obtain POP.

STEP 9
Buyer conducts DIP TEST at Title Holder Tanks (Buyer borne for the SGS) and submits his carrier information (CPA).

STEP 10
Upon SGS report + POP confirmed by the Buyer, Buyer issues 30% payment MT 103 / TT to Title Holder account.

STEP 11
Seller inject to buyers’ tank or vessel; buyer confirm loading or injection and remit balance 70%

STEP 12
Title Holder pays all intermediaries.
ATTENTION TO ALL OUR PROBABLE CLIENT, BUYERS, MANDATE, AGENT & CONSULTANT!
We are in the transaction supply of Petroleum Oils, as for now our current status is "Seller"
In regard to that, I hope any customer who deals with us, needs to understand that we will not provide PPOP, because we are the Seller and not Refinery or Factory. Having said that, we need a guarantee from customers as we will make a guarantee to Refinery or Factory.

This subject was announced to avoid customer's misunderstanding so that they are aware that not all players in Petroleum Oils in the world market are from Refinery or Factory.

Therefore, they need to have knowledge of differentiating procedures of Refinery or Seller or Consultant or Mandate or Agent.

It is important to understand that there is no dispute and all players need to take part in increasing knowledge about terms and business principles, and therefore must follow the "Protocol" in the world business.
NOTES: PLEASE READ THE NOTICE BEFORE PROCEEDING WITH US:

1) We do not allow either party to accept deposit from the buyers except our permission. For Acquire Authentication, Please Email To: sales.gngroupsb@gmail.com before making any payment. Thank you.

2) The conditions, commissions and procedures contained in our Soft Offer ARE NOT NEGOTIABLE, we did not send samples or photos, neither we accepted TTM, nor visits to the Yards, Refineries or Centers of Production.

3) The above procedures must be accepted and Incorporated on the ICPO word for word. No Bill of Ladings, Warranties, SGS Reports, or Past fulfilled Contract will be presented as “Past Performance,” sanitized or not, for the following reasons;

AGAINST TRADE REGULATIONS, AGAINST STATED SGS POLICY VIOLATES FORMAL CONTRACT CONFIDENTIALITY BETWEEN BUYER AND SELLER

4) The ICPO must be complete identification of principal buyer signed, sealed and stamped; in buyer’s company letterhead with quantity per month/year, Target Price, Contract length, Buyer’s own opinion of specification if any and any other relevant details. We do not accept expired ICPO (Maximum date for validity is 5 working days).

ANY ICPO ISSUED MUST INSERT OUR WORKING PROCEDURE.

5) Non-Circumvention, Non-Disclosure Agreement All information in this soft corporate offer are confidential and all trading deals with all parties including seller and buyer depend on this offer are secret and non-disclosure and non-circumvention. All correspondents between GNGROUP Company and your company (your party) it’s under Non-Circumvention, Non-Disclosure law. Product availability and acceptance buyer company are depending on seller decision

6) SPECIFICATIN STANDARD:
In FOB: Injection time 2-3 days
Inspection SGS or Equivalent

7) COMMISSIONS:
Commission is the difference between price GROSS and price NET. Seller pays commission to Seller Side and Buyer side. The Total commissions WITH THE FOLLOWING

8) DISTRIBUTION:
The 50% of total commissions - Closed to Seller Mandate
The 50% of total commissions - Open to Buyer Mandate and Buyer Intermediaries

































IMPORTANT NOTIS:
Please note do not CALL, WHATSAPP, EMAIL us asking for POP because this is not available. No Bill of Ladings, Warranties, SGS Reports, or past fulfilled Contract will be presented as “Past Performance,” sanitized or not, for the following reasons;

AGAINST TRADE REGULATIONS, AGAINST STATED SGS POLICY VIOLATES FORMAL CONTRACT CONFIDENTIALITY BETWEEN BUYER AND SELLER.

IMPORTANT NOTICE TO ALL SERIOUS CUSTOMER:

Any questions please Email us, for Whatsapp / Call / SMS will be treated only to buyers who already issue ICPO, Scan Passport And Company Profile. If not, we will not entertain and will not answer, as we avoid customers who don't read our procedures, customers who always make their own laws. So we hope our customers need to be aware and understand our procedures, need to agree with the terms of payment. All customer setup documents to send ICPO to us, please download the relevant documents first in https://gngmsb.blogspot.com/ for facilitate transactions.

CONTACT US VIA EMAIL:

Email: sales.gngroupsb@gmail.com
Email: 1mytv4u@gmail.com
Email: gngroup.indonesia@gmail.com
Email: export@gngroupms.com
Blog: http://gngmsb.blogspot.com
Website: http://gngroupms.com/