Today we will try to focus on petroleum deal and the PROOF OF PRODUCT DOCUMENTATION. In the internet we can found a lots of oil contract type with different payment method and terms. As we know a lots of trading company are trying to sell allocation of diesel D2 or Mazut M100 that they didn’t own. Regarding this it s very hard to know if you are wasting your time or working with the right seller.
Let’s see as example the supply of D2 from Russian federation. Diesel is the favorite products for trader regarding the huge demand in the market. Russia is one of major exporter in the world.
Below list of document that you can ask for to see if you are dealing with the right seller.
1. 1. Copies of the first and the last page of Seller’s contract
2. № _____ (or chain of contracts) with refinery for crude oil processing.
Responsible person:
Tel./fax:
2. Copy of telegram from refinery on readiness to accept crude oil for processing with month and volumes of accepted commodity (L 0,2-62).
Responsible person:
Tel./fax:
3. Contract No ________ with OJSC “Transnefteproduct” for rendering services for Gas Oil transportation.
Responsible person:
Tel./fax:
4. Copy of acceptance act of Goods for corresponding LPDS to the system of AK “Transnefteproduct”.
Responsible person:
Tel./fax:
5. Seller’s contract № ___ with rail road transporter for further transportation of Goods to corresponding discharge port station.
Responsible person:
Tel./fax:
6. Contract No ____ with company for rendering services on Gas Oil transfer in loading port.
Responsible person:
Tel./fax:
7. Copy of transaction passport
Responsible person:
Tel./fax:
8. Copy of pre-advice cargo customs declaration.
Responsible person:
Tel./fax:
All copies of documents should be certified by Seller’s original signature and seal.
This information is invaluable. Where can I find out more?