PETROLEUM PRODUCTS:

GASOLINE accounts for roughly 44 percent of all refinery products. Gasoline is not a single hydrocarbon, but may be a blend of several. In areas with air quality problems, ethanol or other additives may be added to gasoline to reduce emissions. (Ethanol is a bio-fuel that adds oxygen to gasoline - making it an "oxygenate" - so that it burns with fewer emissions; ) Gasoline also can occur naturally within crude oil, although this product is more unstable and volatile than refined gasoline.

Commercial burners. Low-grade heating oil is used in industrial and commercial burners. JET FUEL, also called aviation gasoline, is kerosene blended to specifications for general and military aircraft. These specifications include a low freezing point (to keep fuel fl owing at high altitudes), low combustibility (to help make handling safer and airplane crashes more survivable) and high energy content with low weight (to allow planes to gain and hold altitude).

 

D2 Diesel

Diesel fuel is produced from petroleum and from various other sources.

The resulting products are interchangeable in most applications. As of 2007, almost every diesel fuel available in America and Europe is the ULSD type.
Reduction of sulfur emissions
In the past, diesel fuel contained higher quantities of sulfur. European emission standards and preferential taxation have forced oil refineries to dramatically reduce the level of sulfur in diesel fuels. In the United States, more stringent emission standards have been adopted with the transition to ULSD starting in 2006 and becoming mandatory on June 1, 2010 (see also diesel exhaust).
U.S. diesel fuel typically also has a lower cetane number (a measure of ignition quality) than European diesel, resulting in worse cold weather performance and some increase in emissions.

JP54

Jet A1 is the standard jet fuel type in the Europe since the 1950s and is only available there.

Jet-A1 is a kerosene grade of fuel suitable for most turbine engined aircraft. It is produced to a stringent internationally agreed standard, has a flash point above 38°C (100°F) and a freeze point maximum of –47°C. It is widely available outside the U.S.A. Jet-A1 meets the requirements of British specification DEF STAN 91-91 (Jet-A1), (formerly DERD 2494 (AVTUR)), ASTM specification D1655 (Jet-A1) and IATA Guidance Material (Kerosine Type), NATO Code F-35.
Compared to Jet A
Jet-A1 is similar to Jet A, except for its lower freezing point of –47 °C (vs –40 °C for Jet A). Like Jet A, Jet-A1 has a fairly high flash point of 38 °C (100 °F), with an autoignition temperature of 210 °C (410 °F).
Jet-A1 can be identified in trucks and storage facilities by the UN number 1223 Hazardous Material placards. Jet-A1 trucks, storage tanks, and pipes that carry Jet-A1 are marked with a black sticker with a white "Jet-A1" written over it, next to another black stripe. Jet-A1 will have a clear to straw color if it is clean and free of contamination. Water is denser than Jet-A1, and will collect on the bottom of a tank.

PROCEDURES:

Please note our non-negotiable procedure for processing Orders for Petroleum Products (D2, JP54, Mazut), CIF AWSP, Russian Origin:

         
1. Buyer sends (Irrevocable Corporate Purchase Order) ICPO + BCL, or (Letter of Intent) LOI + BCL address to Seller, upon receipt Seller sends FCO, Buyer sign FCO and return within 24-72hours. After Seller’s proper due diligence Seller sends Contract, Buyer sign Contract and return within 24-72hours, Buyer and Seller lodge copies of Signed Contract with Respective Banks.
2. Immediately after Buyer sends Swift MT760 for one month value to seller’s bank. (For those that claim that it cannot be sent, are requested to use their European correspondent bank, and further, if still not wanting to do a swift, they are requested not to move forward).

*(PLEASE NOTE THIS IS RESERVING/BLOCKING OF FUNDS IN BUYERS ACCOUNT AND DOES NOT ENTAIL TRANSFERRING TO SELLER ACCOUNT)
**( IMPORTANT:  NOTHING will be shown until we see FUNDING capability… Any request for POP upfront will see the immediate termination of such FCO and contract, as POP will be the result of administrative & financial process.)

3. On receipt of SWIFT MT 760, the Seller within 5 (five) banking days, will send 2% Performance Bond (returnable to the Seller after completion of contract).
4. The Buyer acknowledges receipt of the Performance Bond to the Seller by email.
5. The Seller on receiving the acknowledgement from the Buyer, will send the Full Refinery Verifiable Proof of Product (POP) for the PER ANNUM SUPPLY, within 5 banking days to the Buyer’s Bank by MT 799.
6. The Buyer’s Bank will verify (within 5 banking days) the refinery Proof of Product (POP) for the per annum supply, and after Satisfaction will send out the fully operative IRDLC or SBLC. Please Note:  The Bank used by the buyer MUST be a "AA" or higher rated prime bank. Top 25 Western Bank is preferred.

The POP will consists of the following:
i. Copy of license to export, issued by the ministry of energy.
ii. Copy of approval to export, issued by the ministry of justice.
iii. Copy of statement of availability of the product
iv. Copy of the refinery commitment to produce the product.
v. Copy of Trans-neft contract to transport the Product to the Port storage tank(s).
vi. Copy of the Port Storage agreement.
vii. Copy of surveyor’s certification of quality and quantity at loading port.

Delivery commences as per contract 30 -45 days after authentication of Swift & authentication of the IRDLC or SBLC.

***All products are Russian origin, CIF, ASWP, Seller charter vessels and the charter agreement will include endorsement stating and including Buyer’s name with assigned quantities. Seller loads the cargo and gets ready with all documentation. Payment will be effected based on the surveyor’s certification of quality and quantity.