TANK TO VESSEL
COMMODITY: KAZAKHSTAN ULTRA LOW SULFUR DIESEL EN590 10PPM
MIN TRIAL QUANTITY: 50,000 MT OR 100,000 MT FIRST SHIPMENT
MAX CONTRACT QUANTITY: 500,000 MT X 12 WITH ROLL & EXTENSION IF NEEDED BY BUYER
SPECIFICATIONS: INTERNATIONAL EXPORT STANDARD
PAYMENT TERMS: MT103 TT WIRE TRANSFER ACCORDING TO SELLER NOMINATED ACCOUNT
INSPECTION: SGS, INTERTEK OR EQUIVALENT
CPA: ASIAN, USA, EUROPEAN & KAZAKHSTAN (SUBJECT FOR APPROVAL)
LOADING PORT: HOUSTON / ROTTERDAM / FUJAIRAH / JURONG / ZHOUSHAN PORT / QINGDAO PORT
FOB TTV - TRANSACTION PROCEDURE - (TANK TO VESSEL)
1. Buyer Issues ICPO addressed to the Seller through the Seller Mandate along with Charter Party
Agreement (CPA).
2. Seller Acknowledges Buyer ICPO and issues Commercial Invoice along with ICC letter, Buyer
signs and return back Commercial Invoice (CI) and (ICC) letter.
3. Seller provides Buyer with the below listed PPOP:
a) Tank storage receipt (TSR)
b) (TTVIA) "To be signed by buyer and the shipping company"
c) Authorization to Sell and Collect (ATSC)
d) Irrevocable Commitment Letter to Supply.
e) Injection report (IR)
4. Buyer signed and endorse (TTVIA) with their shipping company.
5. Upon confirmation of the buyer signed (TTVIA), seller provides buyer the following
POP documents below.
a) Unconditional DTA.
b) 24Hrs SGS Report.
c) Product Origin Certificate.
d) Product Passport.
e) Authorization to Verify (ATV)
f) NCNDA/IMFPA
6. Buyer SGS team re-conduct inspection of the product in seller storage tank on buyer expenses.
(Optional).
7. Buyer within 24 hours after successful Dip Test in seller tanks provides Q88. Seller proceeds for
tank to vessel injection and provide buyer with SGS report and injection reports upon completing
injection of the product into buyer's vessel.
8. Buyer makes payment for the total cost of product injected into the buyer vessel through MT103;
sellers transfer Title ownership to buyer with all exportation documents required of buyer for the
transactions.
9. Upon the conclusion of every lift transaction seller pays all intermediaries involved in the
transaction according to signed NCNDA/IMFPA and proceeds with the signing of the contract with
buyer.
TANK TO VESSEL
COMMODITY: KAZAKHSTAN ULTRA LOW SULFUR DIESEL EN590 10PPM
MIN TRIAL QUANTITY: 50,000 MT OR 100,000 MT FIRST SHIPMENT
MAX CONTRACT QUANTITY: 500,000 MT X 12 WITH ROLL & EXTENSION IF NEEDED BY BUYER
SPECIFICATIONS: INTERNATIONAL EXPORT STANDARD
PAYMENT TERMS: MT103 TT WIRE TRANSFER ACCORDING TO SELLER NOMINATED ACCOUNT
INSPECTION: SGS, INTERTEK OR EQUIVALENT
CPA: ASIAN, USA, EUROPEAN & KAZAKHSTAN (SUBJECT FOR APPROVAL)
LOADING PORT: HOUSTON / ROTTERDAM / FUJAIRAH / JURONG / ZHOUSHAN PORT / QINGDAO PORT
FOB TTV - (TANK TO VESSEL) PROCEDURE: NON-NEGOTIABLE
1. Buyer issues ICPO with CPA for verification and international passport copy (data page) to seller.
2. Seller issues a Commercial Invoice (CI) for the quantity of product, buyer signs and returns the CI
to seller.
3. Seller returns the signed commercial invoice, and the seller proceeds to issue an inspection letter
to inspect buyer vessel before releasing the full PPOP document with a fresh SGS report.
NOTE: The INSPECTION LETTER is to inform the buyer's shipping company that the seller's team
is coming to have a physical inspection of the vessel to ensure the vessel is in good condition
4. Seller issues the partial pop documents as below and sends to buyer.
a. Fresh SGS (not older than 48 hours)
b. Certificate of Origin
c. Authorization to Verify (ATV)
d. Unconditional DTA
e. Commitment to Supply
f. Tank storage receipt (TSR)
g. ATSC
h. Injection Report.
i. Unconditional dip Test Authorization Letter (UDTŠ)
j. NCNDA/IMFPA
5. Buyer conducts inspection by SGS on buyer's expense.
6. Seller issues the NCNDA/IMFPA to all intermediaries involved in the transaction and upon
successful dip test of the product, seller commences injection to buyer's tank or vessel, buyer makes
payment of the product via MT103 and seller transfer's title
7. The seller pays commission to intermediaries involved in the transaction according to signed
NCNDA/IMFPA
8. Second and succeeding shipments continue.
MUN/GP2025/TTV/04
ORIGIN: KAZAKHSTAN
LOADING PORT: HOUSTON/ ROTTERDAM/FUJAIRAH/JURONG/ ZHOUSHAN PORT/QINGDAO PORT/ LINGKOU PORT SHANDONG/HUI ZHOU PORT/ZHUJIANG PORT/ KLANG/DOHA/RAS LAFFAN/ KAOHSIUNG/NAGOYA/BUKOM & BUSAN
PROCEDURE: TANK TO VESSEL (TTV) STANDARD TRANSACTION PROCEDURE NON-NEGOTIABLE
1.Buyer Issues ICPO addressed to the Seller through the Seller Mandate along with Charter Party Agreement (CPA).
2.Seller Acknowledges Buyer ICPO and issues Commercial Invoice along with ICC letter, Buyer signs and return back Commercial Invoice (CI) and (ICC) letter.
3.Seller provides Buyer with the below listed PPOP:
a) Tank storage receipt (TSR)
b) (TTVIA) "To be signed by buyer and the shipping company"
c) Authorization to Sell and Collect (ATSC)
d) Irrevocable Commitment Letter to Supply.
e) Injection report (IR)
4.Buyer signed and endorse (TTVIA) with their shipping company.
5.Upon confirmation of the buyer signed (TTVIA), seller provides buyer the following
POP documents below.
a. Unconditional DTA.
b. 24Hrs SGS Report.
c. Product Origin Certificate.
d. Product Passport.
e. Authorization to Verify (ATV)
6.Buyer SGS team re-conduct inspection on the product in seller storage tank on buyer expenses. (Optional).
7.Buyer within 24 hours after successful Dip Test in seller tanks provides Q88. Seller proceeds for tank to vessel injection and provide buyer with SGS report and injection reports upon completing injection of the product into buyer's vessel.
8.Buyer make payment for the total cost of product injected into the buyer vessel through MT103, sellers transfer Title ownership to buyer with all exportation documents required of buyer for the transactions.
9.Upon the conclusion of every lift transaction seller pays all intermediaries involved in the transaction according to signed NCNDA/IMFPA and proceed with the signing of the contract with buyer.
MUN/GP/2025/TTV/07