EN590 10PPM – TTT TRANSACTION PROCEDURE (Tank to Tank) FOB FUJAIRAH – VALIDITY DATE : 12 DECEMBER 2023

VALIDITY DATE : 12 DECEMBER 2023 EN590. Not sanctioned. 100.000MT. FOB Fujairah TTT. Price 680$ MOQ : 50,000 MT TRANSACTION PROCEDURE (Tank to Tank) FOB FUJAIRAH 1. The Buyer sends ICPO along with a POF, CIS and Passport Copy of signatory. 2. Seller provides Commercial Invoice to Buyer. Buyer signs and returns Commercial Invoice (CI). 3. The Buyer issues SWIFT MT 199\MT799. 4. Seller releases…

Protect buyer from Scam in Petroleum Trading

Petroleum trading can be a complex and risky business, and unfortunately, there are unscrupulous individuals and companies that prey on unsuspecting buyers. It’s essential to take steps to protect yourself and your investment from potential scams. Here are some tips on how to protect yourself from scams in petroleum trading: Do your due diligence: Before engaging with a new supplier, do thorough research on their…