Commercial Terms
Standard conditions for every deal
Common framework for oil and fertilizer offers. Final terms are confirmed in the FCO and SPA.
Key figures
Key figures
110%cargo insurance on CIF operations
5 daysbanking days to issue instrument after PPOP
±5%quantity tolerance on fertilizers
≤ 2%Performance Bond, state buyers only
Commercial Terms
Standard conditions for every transaction
- Origin
- Fertilizers: Kazakhstan, Poland, Azerbaijan, Turkmenistan, and Saudi Arabia. Oil: non-sanctioned origin from Kazakhstan and/or European refineries. Exact origin is confirmed per transaction.
- Loading Ports
- Rotterdam (Netherlands), Houston (USA), Jurong (Singapore), Fujairah (UAE) or other recognized export terminals; fertilizers at recognized international ports, subject to availability and SPA.
- Delivery Terms
- Oil: FOB, CIF, and TTV. Fertilizers: CIF ASWP. Incoterms® 2020. Partial shipments and transshipment allowed; quantity tolerance ±5% at seller's discretion (fertilizers).
- Pricing
- Indicative; quoted against Platts or Argus benchmarks (and ICIS, Fertecon or CRU for fertilizers), minus negotiated discount, and confirmed upon SPA execution.
- Payment Terms
- SWIFT MT103 (TT) transfer or documentary instrument: sight LC, SBLC, BG or BPU issued by a top-tier international bank; CAD or escrow case-by-case.
- Inspection
- Quality and quantity certified by an independent international inspection firm (SGS, Intertek, or Bureau Veritas) at loading port at seller's expense. Buyer may appoint destination inspector for verification only.
- Insurance
- CIF operations: marine cargo insurance for 110% of value, per Institute Cargo Clauses (A) or equivalent.
- Compliance
- Full adherence to AML, CTF, anti-corruption, export controls, and international sanctions (OFAC, EU, UK, and UN). Seller may reject transactions with regulatory or reputational risk.
- Controlled Products
- For regulated products, especially ammonium nitrate: end-user declaration, import licenses, government permits, enhanced KYC, and additional verifications.
- Commissions
- Regulated exclusively by NCNDA/IMFPA agreements between parties.
Legal Disclaimer. This information constitutes a Soft Corporate Offer (SCO), issued solely for informational and negotiation purposes. It does not constitute a binding contract or a firm offer for a specific quantity, destination, shipment period, or price. Availability, specifications, quantities, origins, delivery locations, and schedules are subject to confirmation per transaction and execution of a Sales and Purchase Agreement (SPA) accepted by both parties.
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