Quote from Chibueze Timothy Muobuike on January 16, 2026, 12:37 pm

Trade Term: CIF, Non-Negotiable Procedure (CIF ASWP)
Commodity: EN590 10ppm (Euro 5 Specification)
Origin: Kazakhstan
Price: USD 490 / USD 480
Commission: USD 5 / USD 5

Procedure

1. Buyer issues ICPO on letterhead with bank coordinates, corporate registration certificate, company profile, bank statement or proof of funds, and signatory passport copy to Seller

2. Seller issues draft Sales & Purchase Agreement (open for amendment). Buyer signs and returns it. Seller notarizes the contract at its own cost and releases notarized copy to Buyer

3. After contract endorsement, Seller issues Commercial Invoice and partial proof of product documents including
   (a) Vessel Q88 details
   (b) Certificate of Quality issued by GOST Standard Kazakhstan
   (c) Notarized statement of commitment of supply for full contractual quantity
   (d) Seller’s Export License
   (e) Seller’s License to Trade in Crude Oil Materials

4. Buyer issues within 7 banking days a bank-to-bank Performance Bank Guarantee for 12% of shipment value, valid for 45 days, per Seller’s bank wording

5. Upon confirmation by Seller’s bank, Seller loads the vessel and issues full proof of product documents

6. Vessel sails to Buyer’s port within 3 banking days after loading

7. Upon arrival, product is inspected by relevant inspection company and Buyer pays full shipment value via SWIFT MT103 in USD within 7 banking days

8. Seller releases commissions to all brokers and mandates within 7 banking days

Contact
WhatsApp: +234 815 576 4672