STANDARD PROCEDURE-CIF UNIKSALE
Ref: UNIK/CIF01
UNIKSALE LTD (Cyprus)
CIF PROCEDURE EN590
To:
Prospective Buyer, Mandates/Agents/Brokers/Exit Buyers
We UNIKSALE LTD, incorporated in Cyprus and acting as the Seller, hereby confirm our readiness, willingness, and ability to supply the below-listed petroleum product under the specified terms and procedures.
EN590 CIF OFFER
For further information or to initiate the process, please contact:
Franck Bale Corouna - Primary Point of Contact
To: 📧 franckbalecorouna@uniksale.com
CC: 📧 neilmarsden@uniksale.com/p>
Commodity: Diesel 10 ppm (EN590)
SOFT CORPORATE OFFER
Commodity: EN590 10ppm ULSD
Origin: Georgia / Kazakhstan / Azerbaijan
NON-NEGOTIABLE TRANSACTION PROCEDURES (CIF DELIVERY)
- Minimum: 50,000 MT (1-month trial)
- Maximum: 300,000 MT (12 months)
- Gross Price: US $570 / MT
- Commission: US $5.00 / MT (Buyer Side) + US $5.00 / MT (Seller Side closed)
- Inspection: SGS | CIQ | Saybolt | Intertek (or equivalent)
- Payment Method: MT103 TT
NON-NEGOTIABLE TRANSACTION PROCEDURES (CIF DELIVERY)
- 1. Buyer issues Irrevocable Corporate Purchase Order (ICPO) on official company letterhead to Seller, together with CIS.
- 2. Seller issues Draft Contract / SPA and Commercial Invoice (CI) Addendum. Both parties sign, seal, and return with Proof of Funds (MT199, MT998, MT708, or MT799).
-
3. Seller sends PPOP documents with the contract and invoice to Buyer for issuing the financial instrument:
- Certificate of Origin
- Company Registration Certificate
- Statement of Product Availability
- Product Quality Passport (Dip Test Analysis)
- Supplier Commitment to Supply
- 4. On receipt of partial POP, Buyer must issue, within ten (10) banking days, a Bank Guarantee in the form of SBLC-MT760 or DLC-MT700 (non-transferable).
-
5. Seller's Bank sends via SWIFT the full POP documents along with a 2% Operative Performance Bond to Buyer's Bank. If Seller fails to deliver, Buyer may recall the PB and DLC.
Full POP includes:
- Charter Party Agreement
- Export Permit
- Shipping Schedule Document
- SGS Analysis Report from Loading Port
- Certificate of Origin
- Bill of Lading
- Tank Storage Receipt (Loading Port)
- Vessel Q88
- Certificate of Product
- Cargo Manifest
- Cargo Ullage Report
- NOR
-
5. Seller's Bank sends via SWIFT the full POP documents along with a 2% Operative Performance Bond to Buyer's Bank. If Seller fails to deliver, Buyer may recall the PB and DLC.
Full POP includes:
- Charter Party Agreement
- Export Permit
- Shipping Schedule Document
- SGS Analysis Report from Loading Port
- Certificate of Origin
- Bill of Lading
- Tank Storage Receipt (Loading Port)
- Vessel Q88
- Certificate of Product
- Cargo Manifest
- Cargo Ullage Report
- NOR
- 6. Both banks confirm acceptance of DLC and 2% PB. Shipping commences as per contract.
- 7. Payment made via Buyer’s Bank T/T MT103 after CIQ/SGS inspection at delivery port.
-
8. Buyer shares Proof of Payment. Seller issues:
- Certificate of Ownership
- Authorization to Offload Vessel
- Authorization to Offload Vessel
- 9. Seller releases commissions to intermediaries as per signed NCNDA-MPFA.
EN590 10ppm SPECIFICATION SHEET
| Property | Test Method | Unit | Guarantee | Limit |
|---|---|---|---|---|
| Density at 15°C | - | Kg/m³ | 820-845 | - |
| Polycyclic Aromatic Hydrocarbon | EN12916 | Wt% | B | Max |
| Flash Point | EN2719 | °C | >55 | - |
| Distillation (Recovering at 350°C) | EN ISO 3405 | Vol% | 85 | Min |
| Summer Grade | - | - | 5 | Max |
| Lubricity (wsd1.4) at 60°C | EN ISO 12156/1 | µm | 450 | Max |
| Water | EN ISO | Mg/kg | - | 200 Max |
| Particular Matter | EN12662 | Mg/kg | - | 24 Max |
| Oxidation Stability | EN ISO 12205 / EN15751 | g/m³ h | 25 Min | 20 Max |
| Cetane Index | EN ISO 4256 | Calculated | 46 | Min |
| Cetane Number | EN ISO 5161 / EN15195 | - | 51 | Min |
| Carbon Residue (10% residue) | EN ISO 10370 | Wt% | - | 0.30 Max |
| Viscosity at 40°C | EN ISO 3014 | cst | 2.0-4.5 | - |
| Sulphur | EN ISO 20846 / 20884 | Mg/kg | - | 10 Max |
| FAME Content | EN 14078 | Vol% | - | 7.0 Max |
| 95% (vol/vol) Recovered at | - | °C | - | 360 Max |
| Cold Filter Plugging Point (CFPP) | EN116 | °C | - | - |
| Copper Strip Corrosion (3h @ 50°C) | EN ISO 2160 | Rating | - | No.1 Max |
| Recovering at 250°C | - | Vol% | - | 65 Max |
| Winter Grade | - | - | - | -15 Max |
IMPORTANT NOTES
- Procedures above must be accepted & incorporated in ICPO word for word.
-
No Bill of Ladings, warranties, SGS reports, or past fulfilled contracts will be provided as "Past Performance."
- Against trade regulations
- Against SGS policy
- Violates contract confidentiality
- We work strictly according to Seller’s procedure only
-
ICPO requirements:
- Complete identification & contact details of Buyer
- Signed, sealed & stamped on Buyer's letterhead
- Quantity per month/year
- Contract length
- Buyer's opinion of specification (if any)
- Validity: 5-7 days maximum
- Must be addressed to Seller company
SUBMISSION
All ICPOs and CIS to be emailed to:
CC: 📧 neilmarsden@uniksale.com
NON-NEGOTIABLE TRANSACTION PROCEDURE - CIF DELIVERY ASWP
UNIKSALE LTD FACILITATOR - Diesel EN590 <10 NON-NEGOTIABLE TRANSACTION PROCEDURE - CIF DELIVERY
To:
Prospective Buyer
Ref: UNIKAH/AEXCIF ASWP
Dear Sir/Madam,
We, UNIKSALE LTD, a company incorporated in the Republic of Cyprus (EU), acting as the facilitator on behalf of the seller, hereby confirm that the title holder is ready, willing, and able to supply the following commodity under the terms and conditions outlined below:
UNIKSALE LTD - CIF EN590 (10 PPM) PROCEDURE
IMPORTANT CONDITIONS — READ BEFORE APPLYING:
- 1. Only the Exit Buyer may submit an application via a corporate email address.
- 2. Any submission from brokers, intermediaries, or free domain emails (Hotmail, Yahoo, Gmail, etc.) will be rejected.
- 3. Only the Exit Buyer may CC relevant intermediaries when sending the application. UNIKSALE LTD will not add intermediaries later if the Buyer fails to CC them.
- 4. Markup, pricing, or procedural negotiation at any stage will result in immediate disqualification and termination of the process.
- 5. Prices are indicative and procedure may change, contact us for a FCO.
Send applications to:
To: 📧 franckbalecorouna@uniksale.com
CC: 📧 neilmarsden@uniksale.com
COMMODITY & TERMS:
- 1. ICPO SubmissionDiesel 10 ppm (EN590)
- 2. SPA Issuance and SigningGeorgia
- 3. DLC IssuanceUp to 300,000 MT
- 4. Performance BondCIF AWSP (Accepted by Seller)
- 5. Provision of POP/Shipping DocumentsFixed at USD 535/MT Gross
- 6. Inspection at Discharge PortMT103 SWIFT upon successful SGS at discharge port
- 7. Payment & Ownership TransferDLC MT700 or SBLC MT760 (USA bank preferred), revolving, confirmed, non-operative until Seller's 2% PB
- 8. Commission Payment2% of monthly quantity value
- 9. Ongoing ShipmentsUSD 10/MT — 50% Seller Side Closed / 50% Buyer Side Open, paid by Seller under NCNDA & IMFPA
NON-NEGOTIABLE TRANSACTION PROCEDURE - CIF DELIVERY:
Step 1 — LOI, CIS, FCO & Addendum to SPA:
What:
- 1A. Buyer sends Letter of Intent (LOI) and Compliance Information Sheet (CIS) to UNIKSALE LTD for due diligence.
- 1B. Upon verification, Seller issues Full Corporate Offer (FCO) and Addendum to SPA for Buyer review, acceptance, and endorsement.
When: At the very start, before any contractual documentation is signed.
Why: To verify the Buyer's authenticity and present the Seller's firm offer.
Whom: Exit Buyer, UNIKSALE LTD, Seller.
Where: Exchange via secure corporate email.
How: Buyer submits LOI & CIS → UNIKSALE reviews → Seller issues FCO & Addendum.
Step 2 — SPA Draft, CI & Proof of Funds:
What: Buyer returns signed FCO & Addendum. Seller issues draft SPA and Commercial Invoice. Buyer signs SPA (Word format) and sends:
- Passport data page (Buyer's representative)
- Buyer's company registration certificate
- Proof of Funds (RWA/MT199/MT799)
When: After FCO/Addendum acceptance.
Why: To formalize the purchase agreement and confirm Buyer’s financial readiness.
Whom: Exit Buyer, Seller.
Where: Secure corporate email exchange.
How: Document exchange and verification by Seller's bank.
Step 3 — Appointment of Shipping Company:
What: Seller appoints and pays the shipping company.
When: After SPA endorsement and proof of funds.
Why: To arrange CIF delivery.
Whom: Seller, Shipping Company.
Where: Seller's operational control.
How: Seller contracts freight services at their own cost.
Step 4 — Signed SPA & Partial POP Submission
What: Seller submits signed SPA & CPA at their expense and sends:
- Certificate of Origin
- Irrevocable Commitment to Supply
- Statement of Availability in Storage
- Legalized CI for trial lift
When: Immediately after shipping arrangements.
Why: To confirm product existence and readiness for loading.
Whom: Seller, Exit Buyer.
Where: Secure email exchange.
How: Scanned documents and legal endorsements.
Step 5 — Buyer Issues Payment Guarantee:
What: Buyer issues DLC MT700 or SBLC MT760 for trial shipment value (valid for contract term) or pays 50% freight cost within 72 hours as a deposit if bank instrument cannot be issued in 7 days.
When: Within 7 banking days of receiving Seller's 2% PB.
Why: To secure the shipment and activate Seller's performance obligations.
Whom: Exit Buyer, Buyer’s Bank, Seller's Bank.
Where: Bank-to-bank SWIFT transmission.
How: MT700/MT760 issuance or MT103/TT for freight deposit.
Step 6 — Title Transfer, PB, POP & Shipment Commencement
What: Upon payment guarantee confirmation:
- Seller transfers title approved by Ministry of Energy
- Issues 2% PB
- Provides full POP and shipping documents (BL, export permit, SGS, ATB, NOR, Ullage Report, DTA, etc.)
- Commences shipment
When: Within 3 working days of payment guarantee confirmation.
Why: To begin loading and secure Buyer's legal ownership.
Whom: Seller, Buyer, Relevant Authorities
Where: Loading port in Georgia.
How: Documentation via secure email; hard copies onboard vessel.
Step 7 — Discharge Port Inspection & Payment
What: At discharge port, Buyer conducts Q&Q inspection; Buyer's bank releases full payment (MT103/TT). Buyer issues Authorization to Offload (ATO) and the seller the authorization to Sell (ATS).
- Authorization to Offload (ATO) is sometimes used in storage tank deals (like TTT/TTV), not standard CIF. In CIF, the port authority/customs clearance and discharge permit are what matter, not a buyer-issued “ATO.” just indicating where to inject the product at destination/ arrrival port.
- Authorization to Sell (ATS) is also not standard. In oil transactions, the seller doesn’t need “authorization to sell” from the buyer; instead, the seller issues shipping documents (B/L, SGS, Q&Q reports, etc.), which legally transfer title.
When: Upon vessel arrival.
Why: To verify quality & quantity before payment release.
Whom: Buyer, Seller, Independent Inspector.
Where: Discharge port (AWSP).
How: On-site inspection; bank payment release.
Step 8 — Commission Payment:
What: Seller pays all intermediaries as per signed NCNDA/IMFPA within 72 hours.
When: After Buyer's payment release.
Why: To fulfill contractual obligations for commission distribution.
Whom: Seller, Registered Intermediaries.
Where: Bank-to-bank transfers.
How: Wire payments in agreed currency.
Step 9 — Continuation of Monthly Shipments:
Monthly deliveries continue under signed SPA terms.
What: When: As per contract schedule.
Why: To fulfil long-term supply agreement.
Whom: Seller, Buyer.
Where: CIF AWSP ports agreed in SPA.
How: Repeating steps 5-7 for each shipment.
Send applications to:
To: 📧 franckbalecorouna@uniksale.com
CC: 📧 neilmarsden@uniksale.com
We remain at your disposal for any further information and after due diligence the title holder look forward sending you the FCO.
STANDARD PROCEDURE-CIF UNIKSALE
CIF PROCEDURE EN590
To:
Prospective Buyer
Ref: UNIK/CIF/MAX
We UNIKSALE LTD, incorporated in Cyprus and acting on behalf of the Seller and allocation holder, hereby confirm our readiness, willingness, and ability to supply the below-listed petroleum product under the specified terms and procedures.
EN590 CIF OFFER
For further information or to initiate the process, please contact:
Franck Bale Corouna - Primary Point of Contact
To: 📧 franckbalecorouna@uniksale.com
CC: 📧 neilmarsden@uniksale.com
Commodity: Diesel 10 ppm (EN590):
- Origin: Kazakhstan / Non-Sanctioned
- Monthly Quantity: Up to 500,000 MT per month
- Shipping Terms: CIF AWSP (To be acceptable by Seller)
-
Pricing Options:
Option Gross Price Net Price Fixed Price USD 515 / MT USD 505 / MT NWE Platt Minus USD -100 / MT USD -90 / MT - Inspection: SGS or equivalent (at Buyer’s discretion)
- Payment Method: MT103 Swift transfer upon successful SGS at discharge port
-
Payment Guarantee:
- DLC MT700 covering monthly shipment value for contract duration
- DLC to be Non-Operative, becoming Operative Automatically upon issuance of Seller’s 2% Performance Bond
- DLC must be Irrevocable, Revolving, and Confirmed, issued or confirmed by a Top 50 Global Bank
- Performance Bond: 2% by Seller's Bank
-
Commission:
- USD 10 per MT
- Split: 50% Seller Side (Closed) / 50% Buyer Side (Open)
- Paid by Seller to all intermediaries under NCNDA & IMFPA (to be issued by Seller)
Note: Seller may request Proof of Funds (POF) if Due Diligence findings require it.
CIF Transaction Procedure & Terms:
1. ICPO Submission:
Buyer submits an Irrevocable Corporate Purchase Order (ICPO) including::
- Terms and procedures from this offer
- Company registration certificate
- Copy of signatory's passport
- Completed CIS (Client Information Sheet)
2. SPA Issuance and Signing:
- Seller issues the draft Sales and Purchase Agreement (SPA)
- Buyer reviews, amends (if needed), signs, and returns the SPA in PDF within 3 banking days
- Seller counter-signs the SPA
- Seller executes NCNDA/IMFPA with all intermediaries
3. DLC Issuance:
- Within 5 working days of SPA signing, Buyer’s bank issues a Non-Operative, Irrevocable, Non-Transferable, Revolving, Confirmed DLC (MT700)
- The DLC becomes automatically operative upon issuance of the Seller's 2% Performance Bond
- Buyer provides Seller with swift copy
4. Performance Bond:
- Seller's bank issues the 2% PB within 5 banking days of DLC acceptance
- The DLC becomes operative
5. Provision of POP/Shipping Documents:
-
Within 5-15 working days of DLC confirmation::
- Seller commences loading
- Seller submits the following documents to Buyer via bank and email:
-
List of Documents::
- Export license
- Export approval from Ministry of Justice
- Transport contract to port
- Port storage agreement and insurance
- Certificate of origin
- Product passport
- Product availability statement
- Commercial invoice
- Charter party agreement
- Customs clearance certificate
- Tank receipt
- Fresh SGS or equivalent report at loading port
- Vessel Q88
- Bill of Lading
- Cargo Manifest
- DTA & ATB
- NOR/ETD
6. Inspection at Discharge Port:
- Within 2 working days of vessel arrival, Buyer's inspection team conducts SGS/CIQ or equivalent inspection
7. Payment & Ownership Transfer:
- Upon successful inspection, Buyer's bank transfers total shipment value via MT103/TT within 2 banking days
- Product is discharged and ownership is transferred to Buyer
8. Commission Payment:
- Seller pays all intermediaries under NCNDA/IMFPA within 72 hours
9. Ongoing Shipments:
- Monthly deliveries continue as per SPA
- Each shipment is paid via MT103/TT after SGS/CIQ approval
SPECIFICATION OF EN590:
(Provided on the following technical specification page - available upon request):
Submit Your Request
Let us know your preferred country, and we'll guide you through the process of acquiring the appropriate license.