FOB Tank Takeover (TTO) – Promgas

Active Fuel Opportunity | Verified Seller

FOB - Tank to Tank Takeover

Product located in seller’s designated shore tanks. Tank Takeover authorized with port and tank farm registration.

MT103 after successful Dip Test or POP Verification

SGS or Equivalent - 24-hour report provided | Optional buyer-conducted SGS prior to payment

Buyer accepts the procedure and issues an ICPO with full banking details and passport copy.
Seller issues a Commercial Invoice (CI); Buyer signs and returns for counter-signature.
Upon receiving the signed CI, Buyer requests a one-day tank storage invoice for dip test access.
Buyer pays the one-day invoice. Seller issues initial PPOP documents:
- Authorization to Sell and Collect
- Product Passport / Analysis Report
- Certificate of Origin
Buyer signs and returns Authorization to Sell and Collect. Seller coordinates with Tank Farm Management and Port Authority to initiate tank takeover registration.
Upon official registration, Seller issues full POP documents:
- Tank Storage Receipt (TSR)
- Injection Report
- 24-Hour SGS Report
- Unconditional Dip-Test Authorization
(Optional) Buyer conducts independent SGS dip test in seller’s tanks.
Upon successful POP verification or SGS test, Buyer pays via MT103.
Title transfers to Buyer. Buyer may store or transfer product to a new tank or load to vessel at port.
After successful Trial Lift, Seller issues 12-month SPA/Contract with Rolls & Extensions (R&E).
NCNDA/IMFPA issued and signed by all intermediaries. Commissions paid accordingly for initial and future lifts.

Active. Available for immediate tank takeover and inspection request.

Paid to all intermediaries per signed NCNDA/IMFPA. Commissions split according to agreement.

Note: This is a seller-verified opportunity. Procedures are firm. Trial Lift required before SPA.