LETTER HEAD

To : QATAR INTERNATIONAL PETROLEUM MARKETING

COMPANY LIMITED (TASWEEQ)
City Tower, Floor No 8-14, West Bay,
Near Marriot-Rennaissance Hotel
Adjacent to City Center Doha 24183 Qatar

Attn : Mr Mohammed Mushin

Via : Mr Alba/DafsR
Through: Mr Mohd Sa’ad(MikaelS),Mr AzmNic

Date :
Ref No :
Validity : ( ) DAYS FROM THE DATE OF THIS ICPO
QATAR INTERNATIONAL PETROLEUM MARKETING
COMPANY LIMITED (TASWEEQ)
To City Tower, Floor No 8-14, West Bay,
Near Marriot-Rennaissance Hotel
: Adjacent to City Center Doha 24183 Qatar
Mr. Mohammed Mushin
Attn.
: Sales Representative
Via (Seller’s Mandate) : Mr. Alba
Via (Seller’s Agent) : DafsR /Mohd Sa’ad(MikaelS)

From
:
Person In-Charge :
Via (Buyer’s Mandate) :
Via (Buyer’s Intermediaries) :

IRREVOCABLE CORPORATE PURCHASE ORDER (ICPO)

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We, XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX as the Buyer with full Corporate & Legal
responsibility and authority, hereby have the pleasure to confirm our readiness, willingness, and ability to
purchase the petroleum product as details listed below, with full compliance with the specified price, terms,
conditions:

1.0 PRODUCT INFORMATION:

COMMODITY : ULTRA LOW SULPHUR DIESEL FUEL (EN590 10PPM)

ORIGIN : QATAR [NON-SANCTION COUNTRY]

CIF PRICE : USD$480.00 PER MT

QUANTITY (TRIAL) : 100,000 MT

QUANTITY: : 100,000 MT [TRIAL] – 100,000 MT/MONTHLY x 12 MONTHS

PAYMENT TERMS : FINAL PAYMENT WITH MT103 / TT WIRE TRANSFER

INCOTERMS : FOB - TANK TO VESSEL (TTV)

SPECIFICATION : AS ATTACH

LOADING PORT : QATAR

DISCHARGE LOCATION : JURONG, SINGAPORE

INSPECTION : SGS, SAYBOLT OR EQUIVALENT AT SELLER’S TANK

2.0 BUYER’S PROFILE:

BUYER’S DETAILS

COMPANY NAME :
COMPANY NO. :
:
COMPANY ADDRESS

REPRESENTED BY :
TITLE :
TEL NO :
EMAIL ADDRESS :

3.0 BUYER’S BANK AND ACCOUNT INFORMATION:

BUYER’S BANK DETAILS

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 BANK NAME :

BANK ADDRESS :

BANK SWIFT CODE :

ACCOUNT NAME :
BANK ACCOUNT NO :
BANK TEL :
BANK OFFICER :

4.0 NON-NEGOTIABLE DIP & PAY PROCEDURES TTV [TANK TO VESSEL]

1. Buyer accepts Seller working procedure and issue ICPO addressed to the seller refinery, along with
BANK COMFORT LETTER (BCL) OF PROOF OF FUND (POF) accompanied by company certificate of
registration and valid means of identification.
2. Seller issues commercial invoice (CI), Buyer signs and returns back commercial invoice to Seller
3. Seller issue to Buyer with the partial proof of product (PPOP) of product documents, below is the
listed PPOP:
A. ATSC Authorization to Sell & Collect
B. DTA Dip Test Authorisation
C. Product Passport (product analysis report from renowned inspection company)
D. Statement of Product Availability
E. ATV Authority to verify the existence of product via email or phone call.
4. Buyer agrees to pay 1 day tank fee to extend the Seller’s tank and get dip test permission.
Upon successful Dip Test, Buyer need to pay the remaining 4 days tank fee, subject to loading time from Tank
to Vessel.
5. After a successful Dip Test in Seller’s tank, Buyer’s takes over Seller’s tank or Seller’s injects into
Buyer’s Vessel / Tank and Buyer’s conduct its DIP TEST Inspection for Q&Q of the Petroleum
Product onboard Vessel / Tank.
6. Upon Buyer ‘s successful Q&Q Dip Test of product. Buyer makes the final payment for the total
value of the product injected into the Vessel/Tanks through the means of MT103 – T/T
7. Upon Seller receives the payment for the product from the Buyer, the Seller issues to the Buyer
Title Ownership of the product and all exporting documents of the Product.
The Seller pays all intermediaries involved in the transaction.

1. Upon conclusion of first lift transaction seller pays all intermediaries involved in the Transaction and
proceeds with the signing of contract with Buyer.

SELLER’S BANK DETAIL

BANK NAME : QATAR NATIONAL BANK (QNB)

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 BANK ADDRESS : FREIJ BIN MAHMOUD - AL SHOUMOUKH TOWERS, DOHA QATAR
ACCOUNT NAME : QATAR INTERNATIONAL PETROLEUM MARKETING COMPANY LIMITED
ACCOUNT NUMBER : 0253103857001
IBAN : QA66QNBA000000000253103857001
SWIFT CODE QNBAQAQAXXX

We look forward for a swift respond from you.

Thanks & best regards,

---------------------------------------------------------------
NAME
TITLE
COMPANY NAME

COMPONENT METHOD OFANALYSIS UNIT RESULT

MIN. MAX.
Aspec Visual Inspection Clear 2,0
t ASTM D1500
Colou
r
Density@ 15oC EN ISO 3675:98 / EN ISO Kg/m3 820,0 845,0
12185:96 / C1:2001
Flash Point ENISO 2719:2002 oC 55 (1)

Distillation: ENISO 3405:2000

- Recovered@ 150oC % Vol 2,0
- Recovered@ 250oC % Vol 65,0 (2)

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- Recovered@ 350oC % Vol 85,0 (2)
- Recovered@ 95oC oC 360,0

C.F.P.P(Summer) (3) EN116:1997 oC oC -2

C.F.P.P(Winter) (3) 50,0 -12
CLOUD Point (Summer) EN 23015:1994 oC oC Report
CLOUD Point (Winter) 0
Cetane Number ENISO 5165:1998 no 51,0
Cetane Index ENISO 4264:1996 Index 46,0

Viscosity @ 40oC ENISO 3104:1996 mm2/s 2,00 4,50

Water Content ENISO 12937:2000 mg/kg 500

Total Contamination ENISO 12662:2002 mg/kg 15

Sulphur Content ENISO 20884:2004 mg/kg 10,0

Copper Strop Corrosion (3 hrs at 50oC) ENISO 2160:1998 Indice 1st Class

Carbon Residue (On 10% Distillation

% Weight 0,15
Residue)
Total Acidity ASTM D974:2002 mg KOH/g 0,3
Ash Content ENISO 6245:2002 % Weight µm 0,01
Lubricity, Correct Wear Scar ENISO 12156-1:2000 g/m3 460
Oxidation Stability ENISO 12205:1996 20
IP 274 / ASTM 2624 / ISO 6297
Electrical Conductivity (4) pS/m 50
Polycyclic Aromatic Hydrocarbons EN 12916:2001 %m/m 11,0 (6)

Biodiesel Content (5) EN 14078:2003 % vol 4,5 7,0

5.0 SPECIFICATIONS
ULSD EN590 10PPM

5.0 BUYER’S COMPANY REGISTRATION:

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6.0 BUYER’S PASPORT COPY:

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7.0 BANK COMFORT LETTER / PROOF OF FUND / MT999

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1.0 TANK STORAGE AGREEMENT & TANK STORAGE RECEIPT

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1.1 CHARTER PARTY AGREEMENT & Q88

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