FOB Kuwait Price: NWE PLATT MINUS -$16.00 Gross / -$13.00 Net
Total Commission: $3.00 per BBL - 2$ on buyer side open
Commission: 50/50 Split Buyer/Seller-Seller Side CLOSED
1.Buyer submits ICPO
2.Seller issues draft contract along with commercial invoice Buyer Signs and returns to Seller for final endorsement and ppop
3.Seller Issue commitment/assurance letter to supply that we are capable to deliver such product to Buyer's FOB KUWAIT on DIP AND PAY
4.Buyer provide for seller, buyer’s vessel information port clearance and details.
5.Seller issues DTA- Dip Test Authorization, Tank RECEIPT, Indigenous Analysis Report or SGS Report of the product.
6.Upon confirmation of ACT of TRANSFER in Buyers Name, Seller issues to the Buyer, Title of ownership certificate to be followed by all export documentation, Buyer conducts Dip Test and lifting commerce and Buyer release payment as agreed by both parties.