Date :

No :

Validity for 7 calendar days from issuing date

TO :
Att :

Dear Sir,

We, PT. ......................................, as Seller with full legal responsibility and capability ,hereby state
and confirm that we are ready, willing and able to supply the following commodity as per the
specifications and in the quantity and for the price as specified in the terms and conditions as stated
below.

Commodity : Russian HSFO / Marine Fuel Oil 180 (MFO 180)

Quantity : 50,000KL AS TRIAL
PRICE : CIF B………………… PORT,INDONESIA SPEC. AS PER REFINERY
Loading Port : ANY EASTERN RUSSIA PORT
Inspection by : By SGS at unload port.
Payment Term : By Irrevocable SKBDN at Sight
PRICE : CIF Rp. 6.600/litre (Include VAT 10% & PPh Pasal 22)

CIF procedure:

1. Seller issue SCO and BUYER ISSUE ICPO + company profile

2. SELLER ISSUE the DRAFT SALES AND PURCHASE AGREEMENT (SPA) TO BUYER AND BUYER
RETURN THE SIGNED CONTRACT TO SELLER.

3. THE BELOW PPOP are RELEASED to BUYER from Seller

A. Proforma Invoice/ Commercial Invoice.
B. Commitment letter to supply product
C. Registration CERTIFICATE OF REFINERY.
D. License to Import issued by the Ditjen Migas
E. QUALITY AND QUANTITY REPORT (PRODUCT PASSPORT)

4. BUYER ISSUE THE BANK INSTRUMENT Irrevocable SKBDN at Sight TO SELLER’S nominate BANK

5. SELLER ISSUE THE FULL POP TO BUYER AS BELOW.

A. CPA+Q88+BL
 B. CARGO MANIFEST
C. LOAD PORT FRESH SGS REPORT
D. ULLAGE REPORT
E. LOAD PORT CUSTOMS DECLARATION CERTIFICATE
F. CERTIFICATE OF ORIGIN

6. SHIPMENT COMMENCE AS PER CONTRACT SCHEDULE .

7. BUYER PROVIDE THE TSR/TSA OR CPA+Q88 AND BUYER’S PORT AGENT FULL DETAILS, PASSPORT
FOR SURVEYOR AND SELLER ISSUE THE ETA, Dip test Authorization (DTA) & ATB, NOR, VESSEL
AGENT DETAILS AT DISCHARGE PORT.

8. The SGS inspection will be DONE at the unloading seaport BY BUYER.

9. SELLER UNLOAD FUEL AND TRANSFER TITLE TO BUYER AND PAY FEE BASED ON SIGNED MFPA
WITHIN 24 HOURS UPON RECEIVE THE PAYMENT.

10. Buyer releases payment to Seller upon confirmation of the Q&Q by SGS at destination port.

Sincerely,
PT. ......................................

…………………………..
……………………….

Cc. : - President Director

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