Quote from Mandate Refinery on December 25, 2025, 12:27 pm

We offer the following prices to buyers of petroleum products and buyer mandates:
EN590 10ppm: USD 480 per MT (Gross)
Jet A1: USD 65 per barrel (Gross)
Virgin Fuel Oil D6: USD 0.74 per gallon (Gross)
Delivery terms: FOB
Ports: Fujairah / Rotterdam / Houston / Jurong
Procedure: TTT (Tank to Tank)
Origin: Turkmenistan (not sanctioned)
No advance payments
Commission paid by seller

FOB Transaction Procedure (Tank to Tank):

1. Buyer issues:
   ICPO
   Tank Storage Agreement (TSA)
   Buyer passport
   POF (BCL, RWA, or bank statement certified by seal)

2. Seller issues Commercial Invoice (CI); buyer signs and returns for countersign

3. Seller presents Injection Report and SGS Q&Q to buyer’s tank farm; upon verification, buyer secures storage space

4. Seller issues Injection Programming Agreement (IPA) to be signed by buyer and buyer’s tank farm

5. Seller transfers product allocation and releases:
   Product Passport
   Certificate of Origin
   Authorization to Sell/Collect (ATSC)
   Unconditional Dip Test Authorization (UDTA)
   Injection schedule with NOR to commence injection

6. Buyer conducts dip test; seller injects product and releases:
   Recent Injection Report
   SGS Quality Survey

7. Buyer inspects product in own tanks with SGS; upon successful Q&Q, buyer pays total injected value by TT / MT103

8. Seller releases title ownership documents and pays all intermediaries per NCNDA / IMFPA
   SCO available upon request

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