Incoterms is the short form for International Commercial terms. These terms relates to the sales contract and are used worldwide. INCOTERMS were first introduced in 1936 by International chamber of Commerce (ICC). These Incoterms were revised several times, latest being Incoterms 2010.

Incoterms

Why do we need INCOTERMS ?

A cargo may move several days before it arrives at its destination. Even though shipping is safer these days, many cargoes still do not reach their destination or reach in bad shape. And when that happens, one should know who had the title of the goods lost. For that reason, It is important for buyer and seller to pre-define the responsibilities and obligations for transport of the goods. INCOTERMS are all the possible ways of distributing responsibilities and obligations between two parties.

These responsibilities and obligations include

  1. Point of delivery: Incoterms defines the point of delivery of the goods by seller to buyer. The meaning of delivery here  is”transfer of risk and responsibility”. So the INCOTERMS defines the point of change of hands (passing of risk) from seller to buyer.
  2. Transportation Costs: Incoterms defines which party pays for the transportation cost. There may be more than one means of transportation and INCOTERMS defines who pays for which leg of the transportation. In case of sea transport, it also means which party will act as shipper of the cargo.
  3. Export and import formalities: Incoterms outlines which party arranges for export and import formalities.
  4. Insurance costs: Incoterms outlines who bears the insurance costs.

There are few important points that requires highlighting before we move any further.

  1. Arranging for the main transport does not mean the risk is with the arranging party. Seller may arrange for the main transportation even when the consignment is already delivered (that is risk has passed to buyer). In this case the risk has passed to the buyer and seller is just acting as the shipper without any risk to him.
  2. Arranging for the insurance does not mean that risk is with the party arranging the insurance. In few of the INCOTERMS, seller arranges for insurance to cover buyer’s risk. In these cases, seller is only required to cover minimum risk as defined in the minimum risk clause in respective incoterm. Buyer must take more insurance to cover any extra risk that he wishes to insure against.

Incoterms

There are total 11 INCOTERMS defined by the ICC . The 11 INCOTERMS are based upon the consideration of least responsibility of the seller to least responsibility of the buyer. For example INCOTERM EXW (ex-work) considers least responsibilty for the seller. Same way INCOTERM DDP (Delievered duty paid) considers least responsibility for the buyer. We can say that all other nine INCOTERMS lies between these two extremes.

One last thing before we take the incoterms head on. Lets differentiate and group together each Incoterm. First on the basis of mode of transport that they are used and second based upon the point of delivery.

Incoterms Based upon the Mode of transport.

Incoterms according to mode of transport

The first group includes seven incoterms which can be used in any mode of transport. These can be used even when there is no sea transport used. Incoterms EXW, FCA, CPT, CIP, DAT, DAP and DDP belongs to this group. The second group includes four incoterms which are used in sea or inland waterways only. This is because in these incoterms the point of delivery and the destination place are both sea ports. Incoterms  FAS, FOB, CFR and CIF belongs to this second group.

Incoterms groups based upon point of delivery

Incoterms based upon Point of delivery

Incoterms can also be grouped  together in 4 categories based upon the point of delivery. In group “E” (Ex-works), the delivery point is seller’s premises. In group “F” (FOB, FAS & FCA), the delivery point is before or upto the main carrier, with main carried unpaid by seller. In group “C” (CFR, CIF, CPT & CIP), the delivery point is upto and beyond the main carrier with carrier paid by seller. And finally in group “D” (DAP, DAT & DDP), the delivery point is the final destination.

Now that we are clear on some of the important points, lets jump into each of the incoterm.

1. EXW (Ex-Works): 

Mode of transport: Multimodal

Ex Works

With Ex-works the seller has the least responsibility. Seller has the responsibility to deliver the goods to the buyer at seller’s premises, depot or any other agreed places. From there on, all responsibility and risks are with the buyer. It means,

  1. The delivery point is seller’s premises
  2. buyer pays for the export from seller’s premises and import into the destination.
  3. buyer arranges for all modes of transport .
  4. Buyer pays for the insurance

Ex-works is often used while making quoting initial prices for sale contracts. In practice, this incoterm can have practical difficulties specially in cross border assignments. These difficulties may include buyer’s inability to arrange for export formalities.

2. Delivered duty paid (DDP): 

Mode of transport: Multimodal

Delivered Duty Paid DDP

Delivered duty paid is just the opposite of Ex-works. Seller has the most responsibility.  Seller has the responsibility to deliver the goods at buyer’s premises, depot or any other place as agreed. It means that from seller’s premises to buyer’s premises or any other agreed place

  1. The delivery point is buyer’s premises or other place agreed.
  2. Seller handles the cargo and pays for export as well as import dues and
  3. Seller arranges the transport of the cargo. Which also means that in case of sea transport, seller will be the shipper of the goods.
  4. Seller pays for the insurance.

As in Ex-works, DDP can also have practical difficulties in cross border assignments. In DDP, seller is responsible to clear the import formalities but the seller may not have the local knowledge & expertise to clear import formalities.

3. Free Carrier (FCA): 

Mode of transport: Multimodal

Free Carrier FCA

Free carrier means the delivery point is carrier or other person nominated by the buyer at the seller’s premises or other agreed place. If the agreed place is seller’s premises, delivery takes place when the goods load on the truck. If the agreed place is not seller’s premises then the delivery takes place when truck arrives at this place and is ready for unloading. In Free carrier (FCA),

  1. The delivery point is seller’s premises or any other place agreed.
  2. buyer pays for the export from seller’s premises and import into the destination.
  3. buyer arranges for all modes of transport

In FCA incoterm, the agreed place has implications on the loading of the carrier. If the agreed place is seller’s premises then seller handles the loading. If the agreed place is other than seller’s premises, then seller has delivered the goods once the carrier arrives at the agreed place.

“FCA seller’s premises” might look similar to Ex-works but there is one main difference. In FCA, seller has the obligation to load the goods on the carrier.

4. Free Onboard (FOB):

Mode of transport: Sea

Free onboard FOB

Free onboard means the seller delivers the shipment to the carrier nominated by the buyer. There is only a slight difference between FCA and FOB. One difference is the mode of transport. While FCA is applicable for multimodal transport, FOB is used only for sea transport. In FOB, the seller passes the risk to the buyer when shipment crosses ship’s rail.  In FCA, the seller has the obligation to load the shipment on to the carrier arranged by buyer which is prior to the main carrier.

5. Cost and Freight (CFR)

Mode of transport: Sea

Cost & Freight CFR

By cost and freight, it means while seller bears cost and freight of shipment to the destination but the risk is with the buyer. And that is also the main difference between CFR and FOB incoterms. In FOB, seller delivers the shipment and passes the risk to buyer when shipment crosses ship’s rail. But, in CFR, he also pays for the costs and freight until the shipment reaches to the destination. This was exactly the point discussed earlier. Arranging for the transport does not mean that the risk is with the party arranging the transport. In this case, seller arranges the main transport (Seller is the shipper), but he has already delivered the shipment or passed the risk to the buyer upon shipment crossing th ship’s rail.

6. Cost , Insurance and Freight (CIF)

Mode of transport: Sea

Cost, Insurance & Freight CIF

There is only one but obvious difference between CFR and CIF and that is addition of Insurance. Seller passes the risk to the buyer when the shipment is loaded on the carrier. But the seller also arranges for the main carrier (Seller is the shipper). Apart from that seller also pays for the insurance for covering the buyer’s risk during carriage of the shipment. As seller would be paying to cover the buyer’s risk, he would offcourse wish to have least insurance just to cover his obligations. Buyer must take this into account and take extra insurance if he wish to.

7. Free Alongside Ship (FAS)

Mode of transport: Sea

Free Alongside Ship FAS

As simple as it sounds. The seller delivers the shipment to buyer when the goods are alongside ship. Risk passes from seller to buyer when the good are brought alongside the ship. Buyer arranges for the main carrier (Buyer is the shipper). Buyer pays for the all the insurance after this point.

8. Carriage paid to (CPT)

Mode of transport: Multimodal

Carriage paid to CPT

Seller pays for the main carriage to bring the shipment at agreed place. However the seller passes the risk to the buyer upon delivery to the main carrier. This is the point that we highlighted earlier. “Arranging for the main transport does not mean the risk is with the arranging party”. Here even when the seller arranges for the main carrier, risk has already passed  to the buyer.

Buyer also arranges for the insurance from the point of delivery.

9. Carriage and insurance paid (CIP)

Mode of transport: Multimodal

Carriage & Insurance paid to CIP

In CIP, Seller delivers the goods and passes the risk to the buyer upon delivery to the main carrier. Seller arranges and pays for the main carrier (Seller is the shipper) to bring the shipment at agreed place. Seller also arranges for insurance on behalf of buyer to cover buyer’s risk. The main difference between CPT and CIP is that the insurance is also paid by the seller. Again this point was highlighted earlier. “arranging for the insurance does not mean that risk is with the party arranging the insurance”. Here Seller pays for the insurance but the risk is not with him. Seller arranges for the insurance to cover buyer’s risk. CIP requires seller to arrange for insurance equals to 110% of the cargo value under minimum insurance claim. Buyer must insure himself against any additional risk  he thinks need insuring against.

10. Delivered at place (DAP)

Mode of transport: Multimodal

Delivered at place

DAP means seller delievers when shipment arrives at final destination, ready for unloading from the arriving mode of transport. Seller bears all the costs and risks in bringing the goods to this place.

1) Seller handles export fees, carriage, insurance and destination port charges.

2) Buyer handles import fees and unloading of goods.

11. Delivered at terminal (DAT)

Mode of transport: Multimodal

Delivered at Terminal DAT

Seller delivers the shipment and passes the risk to the buyer when shipment is put at the disposal of buyer at the terminal of final destination. Seller handles export fees, carriage, insurance, destination port charges and unloading of the goods. The main difference between DAT and DAP is that in DAT, seller  handles the final unloading of the goods.

Common Mistakes in using Incoterms 

1) Failure to include the precise place alongwith the destination.

The use of Incoterms need to specify the precise place. For example FCA Durban does not specify the precise location as Durban is a broad area. Incoterm must mention the exact location in Durban. For example, FCA Durban berth no 42.

2)  Use of DDP incoterm without considering if the seller has the knowledge and expertise or if local regulations allows him to clear import formalities in buyer’s country.

3) Use of EXW incoterm without considering if the buyer has the knowledge and expertise or if local regulations allows him to clear export formalities in seller’s country.

4) Using “sea or inland waterways” incoterms for containerized goods. These four incoterms which are used for sea and inland waterways are not meant for containerized goods. These are actually meant for bulk cargoes and non- containerized goods. Use of these incoterms for containerized goods can put exporters at undue risk as the goods may have to wait several days before despatch.

If you are still in doubt as to which Incoterm you should use where, here is a useful tool you should check. The tool was created by The Belgian foreign trade agency in collaboration with Always consult.

Incoterm Decision chart

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Capt Rajeev Jassal

About Capt Rajeev Jassal

Capt. Rajeev Jassal has sailed for over 19 years mainly on crude oil, product and chemical tankers. He holds MBA in shipping & Logistics degree from London. He has done extensive research on quantitatively measuring Safety culture onboard and safety climate ashore which he believes is the most important element for safer shipping.

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47 Comments

Natallia
Natallia
May 7, 2016

Thank you for such a clear and imaged explanation about this topic. Good job ! Friendly, Natallia

Rajeev Jassal
Rajeev Jassal
May 14, 2016

Happy that you liked it Natallia.. Thanks for reading

UMADEVI
UMADEVI
Mar 7, 2017

Thank you very much for your clear explanation

Julian Alessandov
Julian Alessandov
Jul 2, 2018

Oilgaztreyd LLC has been in business of production, marketing and exporting of all petroleum and petrochemical products for the past 15 years. We have been an established and popular company with an excellent track record for the best customer satisfaction. We have never compromised on the quality and the services provided to the customer. We believe in keeping the customers happy and providing them with products at a very competent price. We have an excellent staffs who will guide you with their best ideas by keeping in constant touch with your company and informing about the market trends. We are also interested to establish a mutual business relationship with buyers, facilitators and resellers all over the world with basic aim of supplying them with our products such as follow D2, jetFuel A1,JP54,Mazut M100,D6,Base Oil and Bitumen. Also we work with other foreign partnered refineries in allocation production. Regards, Julian Alessandov Email:oilandgaztrey@mail.ru

Rohit
Rohit
May 13, 2016

The best guide for incoterms I have ever seen. You made this topic very simple sir. And if I may notify you a very minute thing, In fig.3 (Incoterms Based upon the Mode of transport) abbreviation for Cost Insurance & Freight is mentioned as CFR instead of CIF. Just a suggestion to make this article perfect Sir.

Rajeev Jassal
Rajeev Jassal
May 14, 2016

Glad that you like it Rohit. Thanks for pointing out the typo error which I have corrected. Nothing can give more pleasure than having attentive readers. Thanks for reading.

baadal
baadal
Jun 1, 2016

quite good visual and easy explaination given, Thanks Rajeev. One query I have though, we also had DEx - Delivered Ex Ship , is this Synonym to DAT or ExW?

Rajeev Jassal
Rajeev Jassal
Jun 1, 2016

Glad that you liked it baadal. Regarding your query, the DEX is not a synonym for any of the incoterms. Incoterms are revised/reviewed once every 10 years. In 2010 when these were reviewed, 4 existing incoterms were removed and 2 new incoterms were introduced. The 4 incoterms that were removed were DEX (Delivered ex ship), DAF (Delivered at Frontier), DAQ (Delivered at Quay) and DDU (Delivered duty unpaid). The 2 new incoterms added were DAT (Delivered at Terminal) and DAP (Delivered at place). If you are using Incoterms 2010, you will not find DEX anymore.

ankit raja
ankit raja
Aug 27, 2016

doubt clearing blog please keep it running

Rajeev Jassal
Rajeev Jassal
Sep 1, 2016

Glad you liked it Ankit..

Jana
Jana
Oct 5, 2016

Its an awesome article Raj! Very useful. I may come back with a few queries.... Hope you wont mind..

Rajeev Jassal
Rajeev Jassal
Oct 9, 2016

Thanks Jana.. you are most welcome with your queries..

Ian
Ian
Oct 5, 2016

Very good info! Just a question, please: If you remove a part/obligation, can you still use that Incoterm? i.e., if you remove shipping obligation or insurance obligation from the seller with a DAP Incoterm, can you still use DAP or, if you change the terms, you cannot use that Incoterm anymore? Hope I can make myself clear... :) thanks

Rajeev Jassal
Rajeev Jassal
Oct 9, 2016

Yes we can use that and we need to highlight this in the contract so that it is clear who has what responsibility. But this is not very common and someone want to use DPA minus insurance, he would like to choose DAP instead and pay for insurance as anyway he has to pay for insurance. Or else he can request the other party to choose insurance from one of his preferred company.

Vinco Ruan
Vinco Ruan
May 19, 2017

May I have your permission to cite the pictures on this blog for teaching purpose? Thank you!

Vladislav Yakov
Vladislav Yakov
Jul 1, 2017

Dear Sir. I am Vladislav Yakov the Managing Director of NEFTEGAZAGENT OIL/GAS. We are a certified and authorized mandate that supply Oil and Gas products to buyers and consumers. We represent the major Oil Refineries to the Government of the Russia Federation to help buyers meet their various requirements and needs. We Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam, base email us (neftegazagent@yandex.ru) for more clarification and understanding as this is an arrangement and compromise with a take over bid. more of a government bond with incentives and relief. Kindly contact us with our information below for soft co-operate offer SCO. E-mail: neftegazagent@yandex.ru E: neftegazagent@mail.ru pr-d Stroykombinata, 4, Moscow, 119530 Best Regards (Mr.) Vladislav Yakov Skype: neftegazagent

Vladislav Yakov
Vladislav Yakov
Jul 17, 2017

Dear Sir. I am Vladislav Yakov the Managing Director of NEFTEGAZAGENT OIL/GAS. We are a certified and authorized mandate that supply Oil and Gas products to buyers and consumers. We represent the major Oil Refineries to the Government of the Russia Federation to help buyers meet their various requirements and needs. We Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam, base email us (neftegazagent@yandex.ru) for more clarification and understanding as this is an arrangement and compromise with a take over bid. more of a government bond with incentives and relief. Kindly contact us with our information below for soft co-operate offer SCO. E-mail: neftegazagent@yandex.ru E: neftegazagent@mail.ru E: neftegazagent@yahoo.com pr-d Stroykombinata, 4, Moscow, 119530 Best Regards (Mr.) Vladislav Yakov Skype: neftegazagent Thank You

Vladislav Yakov
Vladislav Yakov
Jul 17, 2017

Dear Sir. I am Vladislav Yakov the Managing Director of NEFTEGAZAGENT OIL/GAS. We are a certified and authorized mandate that supply Oil and Gas products to buyers and consumers. We represent the major Oil Refineries to the Government of the Russia Federation to help buyers meet their various requirements and needs. We Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam, base email us (neftegazagent@yandex.ru) for more clarification and understanding as this is an arrangement and compromise with a take over bid. more of a government bond with incentives and relief. Kindly contact us with our information below for soft co-operate offer SCO. E-mail: neftegazagent@yandex.ru E: neftegazagent@mail.ru E: neftegazagent@yahoo.com pr-d Stroykombinata, 4, Moscow, 119530 Best Regards (Mr.) Vladislav Yakov Skype: neftegazagent Thank You

Vladislav Yakov
Vladislav Yakov
Aug 15, 2017

We Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam only, serious buyer should contact now base email us (neftegazagent@yandex.ru) PRODUCT AVAILABLE IN ROTTERDAM/ CI DIP AND PAY IN SELLER EX-SHORE TANK. Russia D2 50,000-150,000 Metric Tons FOB Rotterdam Port. JP54 5000,000 Barrels per Month FOB Rotterdam. JA1 Jet Fuel 10,000,000 Barrels FOB Rotterdam. D6 Virgin Fuel Oil 800,000,000 Gallon FOB Rotterdam. E-mail: neftegazagent@yandex.ru E: neftegazagent@mail.ru E: neftegazagent@yahoo.com Best Regards (Mr.) Vladislav Yakov Skype: neftegazagent Thank You

Vladislav Yakov
Vladislav Yakov
Aug 25, 2017

We Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam only, serious buyer should contact now base email us (neftegazagent@yandex.ru) PRODUCT AVAILABLE IN ROTTERDAM/ CI DIP AND PAY IN SELLER EX-SHORE TANK. Russia D2 50,000-150,000 Metric Tons FOB Rotterdam Port. JP54 5000,000 Barrels per Month FOB Rotterdam. JA1 Jet Fuel 10,000,000 Barrels FOB Rotterdam. D6 Virgin Fuel Oil 800,000,000 Gallon FOB Rotterdam. E-mail: neftegazagent@yandex.ru E: neftegazagent@mail.ru E: neftegazagent@yahoo.com Best Regards (Mr.) Vladislav Yakov Skype: neftegazagent Thank You

Vladislav Yakov
Vladislav Yakov
Oct 8, 2017

We Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam only, serious buyer should contact or if you have serious buyers my seller is ready to close this deal fast contact us below:now base email us (neftegazagent@yandex.ru) PRODUCT AVAILABLE IN ROTTERDAM/ CI DIP AND PAY IN SELLER EX-SHORE TANK. Russia D2 50,000-150,000 Metric Tons FOB Rotterdam Port. JP54 5000,000 Barrels per Month FOB Rotterdam. JA1 Jet Fuel 10,000,000 Barrels FOB Rotterdam. D6 Virgin Fuel Oil 800,000,000 Gallon FOB Rotterdam. E-mail: neftegazagent@yandex.ru E: neftegazagent@mail.ru E: neftegazagent@yahoo.com Best Regards (Mr.) Vladislav Yakov Skype: neftegazagent Thank You

Valery Prokopenko
Valery Prokopenko
Oct 26, 2017

Hello buyers, at the moment seller company have jP54, Jet fuel A1, d2, D6, (virgin fuel and Oil) spot for FOB Rotterdam, Houston and Primorsk Port. If you have any interested buyer kindly contact us via below without delay. Best reagrds. Valery Prokopenko Email: gozov.petroleum@mail.ru Email: valerypetroleum@gmail.com Skype :gozov1

Igor Abramovich
Igor Abramovich
Nov 20, 2017

Buyers/buyers mandate We have Genuine and reliable Supplier of oil and gas products . If you have buyers that are ready and willing for the listed product. At the moment seller company have Aviation Kerosene,Jet fuel (JP 54-JET,A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,spot for FOB Rotterdam, . If you have any interested buyer kindly contact us via email below, hope to here from you soon. PRODUCT AVAILABLE IN ROTTERDAM/ CI DIP AND PAY IN SELLER EX-SHORE TANK. Russia D2 50,000-150,000 Metric Tons FOB Rotterdam Port. JP54 500,000-2,000,000 Barrels per Month FOB Rotterdam. JA1 Jet Fuel 500,000-2,000,000 Barrels FOB Rotterdam. D6 Virgin Fuel Oil 400,000,000-800,000,000 Gallon FOB Rotterdam. Only serious BUYERS community can post or comment and reply us for SCO with a good workable procedures. Regards Igor Abramovich (Mr) email: info.russiatrading@mail.ru skype: info.russiatrading@mail.ru

Usmanov Alexie
Usmanov Alexie
Nov 28, 2017

Dear Buyer/ Buyer mandate We have Available FOB Rotterdam/Hosuton for JP54,D2, D6, JetA1 with good and workable procedure,whereby buyer will dip test in seller tank Kindly Contact us via (usmanovoilandgas60@mail.ru) for SCO. Regards Usmanov Alexie email: usmanovoilandgas60@mail.ru, usmanovoilandgas@yahoo.com skype: usmanovoilandgas

Pavel Barkanov
Pavel Barkanov
Dec 1, 2017

We the EXPRESS OIL AND GAS a direct mandate to Refinery company here in Russia with allocation to Refinery seller with legal responsibility under penalty of Perjury hereby Confirm the Availability and Capability to Supply Jet fuel (Jp 54-A1,5) Diesel and Fuel oil D2,D6 e.t.c for Immediate Spot and Contract sales. The Supply is guaranteed to meet the Specifications and pass through the requirements. Only direct negotiations from end buyers, representative and mandates will be considered. Email: expressoilandgas1@gmail.com or expressoilandgas@inbox.ru Skype: expressoilandgas1@gmail.com Best regards Pavel Barkanov

Igor Abramovich (Mr)
Igor Abramovich (Mr)
Dec 7, 2017

New Arrival We have available allocation for the supply of oil and gas products. D2,D6,Jp54,Jet A1, etc. on Ci Dip And Pay FOB Rotterdam, Products are of Russian Origin. Let me know if you have available buyer to close this deal and contact us. Regards Igor Abramovich (Mr) email: info.russiatrading@mail.ru skype: info.russiatrading@mail.ru

Lenny
Lenny
Dec 8, 2017

Very informative and well presented. Thanks!

jitender
jitender
Jun 8, 2018

Dear Capt Rajeev. We must appreciate the effort you have taken to make a hard topic seem so easier. wish we have faculties like you teaching in institutes who can make topics simpler and easier to understand. Capt Jitender Sanyal

Kuznetsov GAVRIIL Mikhailovich
Kuznetsov GAVRIIL Mikhailovich
Jun 26, 2018

I am a Broker to a Direct Mandate working with a reputable refinery, and we are to you, esteem buyers that the petroleum products you are looking for is available in our Tanks and Reservoir for immedaite lift and supply. SUCH AS 1) JPA4 2) JPA1 3) MAZUT 4) AGO 5) LNG 6) LPG 7) D2 8) D6 9) REBCO 10) EN590 Please contact us via our official email address. kuznetsovgavriil.mikhailovich@mail.ru Thanks. Kuznetsov GAVRIIL Mikhailovich

Kuznetsov GAVRIIL Mikhailovich
Kuznetsov GAVRIIL Mikhailovich
Jun 27, 2018

I am a Broker to a Direct Mandate working with a reputable refinery, and we are to you, esteem buyers that the petroleum products you are looking for is available in our Tanks and Reservoir for immedaite lift and supply. SUCH AS 1) JP54 2) JPA1 3) MAZUT 4) AGO 5) LNG 6) LPG 7) D2 8) D6 9) REBCO 10) EN590 Please contact us via our official email address. kuznetsovgavriil.mikhailovich@mail.ru Thanks. Kuznetsov GAVRIIL Mikhailovich

Pavel Alek Ivanovich
Pavel Alek Ivanovich
Jun 27, 2018

I am a Brooker to a Direct Mandate working with a reputable refinery, and we are please to inform you esteem buyers that the petroleum products you are looking for is available in our Tanks and reservoir for immedaite lift and supply. SUCH AS 1) JP54 2) JPA1 3) MAZUT 4) AGO 5) LNG 6) LPG 7) D2 8) D6 9) REBCO 10)EN590 Please contact us via our official email address. pavelalek_ivanovich@mail.ru +79260030732 Thanks. Pavel Alek Ivanovich

Kuznetsov GAVRIIL Mikhailovich
Kuznetsov GAVRIIL Mikhailovich
Jun 29, 2018

I am a Broker to a Direct Mandate working with a reputable refinery, and we are to you, esteem buyers that the petroleum products you are looking for is available in our Tanks and Reservoir for immedaite lift and supply. SUCH AS 1) JP54 2) JPA1 3) MAZUT 4) AGO 5) LNG 6) LPG 7) D2 8) D6 9) REBCO 10) EN590 Please contact us via our official email address. kuznetsovgavriil.mikhailovich@mail.ru Thanks. Kuznetsov GAVRIIL Mikhailovich

Pavel Alek Ivanovich
Pavel Alek Ivanovich
Jun 30, 2018

I am a Brooker to a Direct Mandate working with a reputable refinery, and we are please to inform you esteem buyers that the petroleum products you are looking for is available in our Tanks and reservoir for immedaite lift and supply. SUCH AS 1) JP54 2) JPA1 3) MAZUT 4) AGO 5) LNG 6) LPG 7) D2 8) D6 9) REBCO 10)EN590 Please contact us via our official email address. pavelalek_ivanovich@mail.ru +79260030732 Thanks. Pavel Alek Ivanovich

Julian Alessandov
Julian Alessandov
Jul 2, 2018

Oilgaztreyd LLC has been in business of production, marketing and exporting of all petroleum and petrochemical products for the past 15 years. We have been an established and popular company with an excellent track record for the best customer satisfaction. We have never compromised on the quality and the services provided to the customer. We believe in keeping the customers happy and providing them with products at a very competent price. We have an excellent staffs who will guide you with their best ideas by keeping in constant touch with your company and informing about the market trends. We are also interested to establish a mutual business relationship with buyers, facilitators and resellers all over the world with basic aim of supplying them with our products such as follow D2, jetFuel A1,JP54,Mazut M100,D6,Base Oil and Bitumen. Also we work with other foreign partnered refineries in allocation production. Regards, Julian Alessandov Email:oilandgaztrey@mail.ru

Pavel Alek Ivanovich
Pavel Alek Ivanovich
Jul 2, 2018

I am a Brooker to a Direct Mandate working with a reputable refinery, and we are please to inform you esteem buyers that the petroleum products you are looking for is available in our Tanks and reservoir for immedaite lift and supply. SUCH AS 1) JP54 2) JPA1 3) MAZUT 4) AGO 5) LNG 6) LPG 7) D2 8) D6 9) REBCO 10)EN590 Please contact us via our official email address. pavelalek_ivanovich@mail.ru +79260030732 Thanks. Pavel Alek Ivanovich

Anatoly Vyacheslav
Anatoly Vyacheslav
Jul 5, 2018

Dear Buyer/ Buyer mandate We currently have Available FOB Rotterdam/Hosuton for JP54,D2, D6, JetA1 with good and workable procedure, whereby buyer will dip test in seller tank with proof of product. Kindly Contact us via (anatolyvyacheslavoil@mail.ru) for SCO as soon as possible, so we can move to the next step. Regards Anatoly Vyacheslav Email: anatolyvyacheslavoil@mail.ru anatolyvyacheslavoil@yandex.ru skype:anatolyvyacheslavoil

Alesya Balashova
Alesya Balashova
Jul 5, 2018

Dear Buyer / Buyer mandate We currently have JETFUEL, A1, JP54, D2, D6, Available On FOB Rotterdam / Hosuton with good and workable procedure, whereby the buyer will dip in seller's tank for proof of product. Kindly Contact us via ( russianoilandgastradingllc@bk.ru ) for SCO. BELOW PRODUCT ARE AVAILABLE WITH BEST OFFERS - FOB CI DIP AND PAY FOB PRODUCTS AVAILABLE JP54: Quantity: 500,000-2,000,000 Barrels JetA1: Quantity: 500,000-2,000,000 Barrels D2: Quantity: 50,000-150,000 Metric Tons D6 Virgin: Quantity: 400,000,000-800,000,000 Gallon Sincerely, Mrs Alesya Balashova Email: russianoilandgastradingllc@yandex.ru Email: russianoilandgastradingllc@bk.ru Skype: russianoilandgastradingllc

Alesya Balashova
Alesya Balashova
Jul 5, 2018

Dear Buyer / Buyer mandate We currently have JETFUEL, A1, JP54, D2, D6, Available On FOB Rotterdam / Hosuton with good and workable procedure, whereby the buyer will dip in seller's tank for proof of product. Kindly Contact us via ( russianoilandgastradingllc@bk.ru ) for SCO. BELOW PRODUCT ARE AVAILABLE WITH BEST OFFERS - FOB CI DIP AND PAY FOB PRODUCTS AVAILABLE JP54: Quantity: 500,000-2,000,000 Barrels JetA1: Quantity: 500,000-2,000,000 Barrels D2: Quantity: 50,000-150,000 Metric Tons D6 Virgin: Quantity: 400,000,000-800,000,000 Gallon Sincerely, Mrs Alesya Balashova Email: russianoilandgastradingllc@yandex.ru Email: russianoilandgastradingllc@bk.ru Skype: russianoilandgastradingllc

Pavel Alek Ivanovich
Pavel Alek Ivanovich
Jul 10, 2018

I am a Brooker to a Direct Mandate working with a reputable refinery, and we are please to inform you esteem buyers that the petroleum products you are looking for is available in our Tanks and reservoir for immedaite lift and supply. SUCH AS 1) JP54 2) JPA1 3) MAZUT 4) AGO 5) LNG 6) LPG 7) D2 8) D6 9) REBCO 10)EN590 Please contact us via our official email address. pavelalek_ivanovich@mail.ru +79260030732 Thanks. Pavel Alek Ivanovich

Ryan
Ryan
Jul 18, 2018

Hello ! Do you need a legitimate and fast loan service? We are currently offering 3% Loans of all Kinds, Business loans, Personal Loans, Car Loans, Agricultural Loans, or Project funding? We offer loans to companies and individuals worldwide, debt consolidation, even though you have a low credit scores and finding it hard to get Loans from your local Banks or any financial institutions? , and now having a hard time dealing with your bank, or any other financial institutions? Do you need an urgent loan if yes Email us back via (ryanloaninvestment001@outlook.com ) we Give all types of Loans . Apply Now and get your cash urgently! * Borrow between 5,000 to 50,000,000 dollar * Choose between 1 to 30 years to repay. * Flexible loan terms and conditions. All these plans and more,contact us now. contact us via email: for the loan company who assisted me here is their contact details (ryanloaninvestment001@outlook.com) Regards Management

Usmanov Alexie
Usmanov Alexie
Jul 19, 2018

Dear Buyer/ Buyer mandate We have Available FOB Rotterdam for JP54,D2, D6, JetA1 with good and workable procedure,whereby buyer will dip test in seller tank with proof of product. Kindly Contact us via (usmanovoilandgas60@mail.ru) for SCO. Regards Usmanov Alexie email: usmanovoilandgas60@mail.ru, usmanovoilandgas@yahoo.com skype: usmanovoilandgas

Vico Peißker
Vico Peißker
Jul 22, 2018

We are please to inform your esteem buying company the petroleum products you are looking for is available in our storage tanks and reservoir for immediate delivery. Such as: 1) D2 DIESEL GAS OIL L-0.2-62 GOST 305-82. 2) D6 VIRGIN FUEL OIL 3) JET FUEL JP54 4) JET FUEL JPA1 Provide your official email or contact us via email to enable us issue our official soft corporate offer (SCO).Thanks. BELOW IS OUR CONTACT INFORMATION, E-mail: neftegazoiltrading@yandex.ru E: neftegazoiltrading@yahoo.com Skype: neftegazoiltrading Best Regards (Mr.) Vico Peißker. Skype: neftegazoiltrading Thank You

VLAHD ANICHKA MISHA
VLAHD ANICHKA MISHA
Jul 31, 2018

Hello we Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam only, serious buyer should contact or if you have serious buyers my seller is ready to close this deal fast contact us below:now base email us (vlahdanichka_misha@mail.ru) PRODUCT AVAILABLE IN ROTTERDAM/ CI DIP AND PAY IN SELLER EX-SHORE TANK. Russia D2 50,000-150,000 Metric Tons FOB Rotterdam Port. JP54 5000,000 Barrels per Month FOB Rotterdam. JA1 Jet Fuel 10,000,000 Barrels FOB Rotterdam. D6 Virgin Fuel Oil 800,000,000 Gallon FOB Rotterdam. E-mail: vlahdanichka_misha@mail.ru phone :+79260030732 Best Regards Thank You VLAHD ANICHKA MISHA

Kuznetsov GAVRIIL Mikhailovich
Kuznetsov GAVRIIL Mikhailovich
Aug 1, 2018

AVAILABLE PETROLEUM PRODUCTS ON FOB CI DIP AND PAY, CIF AND TTM PROCEDURE WE HAVE AVAILABLE PETROLEUM PRODUCTS FROM RELIABLE REFINERY IN RUSSIAN FEDERATION WITH BEST PRICE AND QUALITY. BELOW PRODUCT ARE AVAILABLE WITH BEST OFFERS - FOB CI DIP AND PAY FOB PRODUCTS AVAILABLE JP54: Quantity: 500,000-2,000,000 Barrels JetA1: Quantity: 500,000-2,000,000 Barrels D2: Quantity: 50,000-150,000 Metric Tons D6 Virgin: Quantity: 400,000,000-800,000,000 Gallon SERIOUS BUYERS PLEASE CONTACT US FOR MORE DETAILS WITH YOUR SPECIFIC REQUIREMENTS SO AS TO ENABLE US PROVIDE YOU WITH OUR WORKABLE PROCEDURE. Sincerely. Kuznetsov GAVRIIL Mikhailovich (Mr.) EMAIL: kuznetsovgavriil.mikhailovich@mail.ru EMAIL: mikhailovichkuznetsov8@gmail.com Skype: GAVRIL Mikhailovich TEL: +7 9153753185 Best regards Kuznetsov GAVRIIL Mikhailovich

Kuznetsov GAVRIIL Mikhailovich
Kuznetsov GAVRIIL Mikhailovich
Aug 1, 2018

kuznetsovgavriil.mikhailovich@mail.ru

Kuznetsov GAVRIIL Mikhailovich
Kuznetsov GAVRIIL Mikhailovich
Aug 1, 2018

AVAILABLE PETROLEUM PRODUCTS ON FOB CI DIP AND PAY, CIF AND TTM PROCEDURE WE HAVE AVAILABLE PETROLEUM PRODUCTS FROM RELIABLE REFINERY IN RUSSIAN FEDERATION WITH BEST PRICE AND QUALITY. BELOW PRODUCT ARE AVAILABLE WITH BEST OFFERS - FOB CI DIP AND PAY FOB PRODUCTS AVAILABLE JP54: Quantity: 500,000-2,000,000 Barrels JetA1: Quantity: 500,000-2,000,000 Barrels D2: Quantity: 50,000-150,000 Metric Tons D6 Virgin: Quantity: 400,000,000-800,000,000 Gallon SERIOUS BUYERS PLEASE CONTACT US FOR MORE DETAILS WITH YOUR SPECIFIC REQUIREMENTS SO AS TO ENABLE US PROVIDE YOU WITH OUR WORKABLE PROCEDURE. Sincerely. Kuznetsov GAVRIIL Mikhailovich (Mr.) EMAIL: kuznetsovgavriil.mikhailovich@mail.ru EMAIL: mikhailovichkuznetsov8@gmail.com Skype: GAVRIL Mikhailovich TEL: +7 9153753185 Best regards Kuznetsov GAVRIIL Mikhailovich

VLAHD ANICHKA MISHA
VLAHD ANICHKA MISHA
Aug 3, 2018

Hello we Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam only, serious buyer should contact or if you have serious buyers my seller is ready to close this deal fast contact us below:now base email us (vlahdanichka_misha@mail.ru) PRODUCT AVAILABLE IN ROTTERDAM/ CI DIP AND PAY IN SELLER EX-SHORE TANK. Russia D2 50,000-150,000 Metric Tons FOB Rotterdam Port. JP54 5000,000 Barrels per Month FOB Rotterdam. JA1 Jet Fuel 10,000,000 Barrels FOB Rotterdam. D6 Virgin Fuel Oil 800,000,000 Gallon FOB Rotterdam. E-mail: vlahdanichka_misha@mail.ru phone :+79260030732 Best Regards Thank You VLAHD ANICHKA MISHA

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