SALES PROCEDURE

1. Buyer sends ICPO / CP and TSA document to Seller on receipt of Seller’s Soft Offer.
2. Seller issues draft contract along with commercial invoice, Buyer Signs and returns to Seller The signed contracts and commercial invoice.
3. Seller issue DTA document to buyer, to be signed by buyer and buyer’s tank storage facilities provider, buyer returns the signed DTA to seller in readiness to receive the SGS team.
4. Seller issue: Partial Pop Document:
   • Product Passport (analysis)
   • Statement of Product Availability
   • Commitment letter to supply
   • Authority to sell and Collect (ATSC)
   • REFINERY REGISTRATION CERTIFICATE
   • Tank Storage Receipt (TSR)
   • PRE-INJECTION REPORT

5. Upon the confirmation of the PPOP documents by the buyer, seller with 24 hours issues the NOR and -DELIVERY SCHEDULE document to the buyer, buyer confirms the NOR document and release their TSR.
6. Seller issues the following POP documents:

• • FRESH SGS NOT OLDER THAN 48 HOURS
  • TITLE OF OWERSHIP CERTIFIED BY MINISTRY OF ENERGY
  • INJECTION SCHEDUL

7. Upon be Confirmation of act of transfer in buyers’ name, seller issues to the buyer, Title of ownership certificate to followed by all export documentation, Buyer Conduct DIP TEST, buyer transfer product to buyer’s tank, Lift the product and pay at sight via MT103.

8. Lifting commence and buyers release payment instruments as agreed by both parties.
9. Seller pays commission to all involved mandates and intermediaries within 48 hours of receipt of payment for any lift by T/T wire transfer as mutually agreed in the NCNDA/IMFPA.

All banking charges from the Buyer’s bank shall be borne by the buyer and all banking charges incurred by the Seller at Seller’s bank shall borne by the Seller.