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    ICPO EN590 10PPM SARAYA ,GEM 22.01.2024

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    ICPO EN590 10PPM SARAYA ,GEM 22.01.2024

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    71 views8 pages

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    71 views8 pages

    ICPO EN590 10PPM SARAYA ,GEM 22.01.2024

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    wallaceaatwood

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    of 8

    Date: 20 JAN 2024

    IRREVOCABLE CORPORATE PURCHASE ORDER (ICPO).

    To: DRIMNEFT.OOO

    ATT: EROKHI SERGEI IVANOVICH /GENERAL DIRECTOR Via/ Mr Mohammed Shakir

    The undersigned, Mr. Yahya Imam Al-Zadjali the chairman of Gulf Engineering and Management (GEMCO) and
    Mr. Zuhair Al-Zadjali the Charmian of the Saraya Mazoon Company to acquire the product “EN590,10PPM”, from
    your Hereby confirm that we are ready and willing and able (RWA), to purchase the commodities in quantities,
    specifications, terms and conditions are listed below.

    CONTRACT PARAMETERS.

    PRODUCT: “EN590,10PPM”

    ORIGIN: NON SANCTION

    SPECIFICATION: STANDARD.

    PRICE: NET: $ 190.00 GROSS $ 200.00 PER BARREL

    TERM OF CONTRACT: - SPOT 300,000 MT. WITH ROLL UP FOR 12 MONTH

    INCOTERM: FOB.

    DELIVERY PORT: ROTTERDAM

    Your faithfully

    YAHYA AL-ZADJALI ZUHAIR AL-ZADJALI


    The CEO of GEMCO The CEO of SARAYA MAZOON GLOBAL
    DIP & PAY PROCEDURE FOR TRANSACTING

    FOB ROTTERDAM PROCEDURE:


    1) Buyer issue ICPO containing the seller's working procedure and banking details along with buyer’s
    nominated TSA, company registration certificate
    2) Seller issues commercial invoice of the product in tanks at the port, buyer sign and return commercial
    invoice along with an acceptance letter.
    3). Seller issue appointment letter for seller representative to present a fresh SGS Report of less than 24
    hours to Buyers and buyers logistics for proper verification at the buyers Tank Terminal upon successful
    SGS verification seller inspect buyers Tank for injections
    4) Upon confirmation of successful verification of SGS Report by Buyer company and buyers Tank Farm
    Company, Seller issue
    a) INJECTION PERMISSION AGREEMENT signed by buyers and buyers Tank Farm
    b) Authorization to sell and collect
    c) commitment to supply
    d) Statement of availabilities of product
    5)Upon confirmation of the signed INJECTION PERMISSION AGREEMENT seller Issue to buyers
    a) Fresh SGS report of less than 24hours on buyer’s company name
    b) Q&Q Report. And Injection Report.
    c) Authorization to verify physically the product in sellers’ tank (ATV)
    d) Tank Storage receipt TSR
    6) Buyer conducts Dip test on the product in seller Tank and makes the payment for the total value of
    product via MT103-TT to enable the injection process into their Nominated tanks
    7). Seller pays all intermediaries involved in the transaction and subsequently monthly
    shipments continue as per terms and conditions of the sales and purchase agreement
    contract between buyer and seller.
    The product specification
    COMPONENT METHOD OF ANALYSIS UNIT RESULT
    MIN. MAX.
    ASPECT VISUAL INSPECTION Clear 2,0
    COLOR ASTM D 1500
    DENSITY @ 15° ℃ EN ISO 3675:98 / EN ISO kg/m³ 820,0 845,0
    12185:96 / C1:2001
    Flash point EN ISO 2719:2002 C° 55(1)
    Distillation:
    -Recovered @ 150℃ % vol
    -Recovered @ 250℃ EN ISO 3405:2000 % vol
    -Recovered @ 350℃ % vol
    -Recovered at 90% ℃
    C.F.P.P. (summer) [3] EN 116:1997 ℃ -2
    C.F.P.P. (winter) [3] ℃ 50,0 -12
    CLOUD Point (summer) EN 23015:1994 ℃ Report
    CLOUD Point (summer) ℃ 0
    Cetane Number EN ISO 5165:1998 n° 51,0
    Cetane Index EN ISO 4264:1996 Index 46,0
    Viscosity @ 40℃ EN ISO 3104:1996 mm²/s 2,0 4,50
    Water Content EN ISO 12937:2000 mg/kg 200
    Total Contamination EN ISO 12662:2002 mg/kg 15
    Sulfur Content EN ISO 20884:2004 mg/kg 10
    Copper strip corrosion (3 hr. at 50℃) EN ISO 2160:1998 Indice 1st class
    Carbon Residue (on 10% Dist-Resi) EN ISO 10370:1995 %Weight 0,15
    Total Acidity ASTM D 974:2002 mgkOH/g 0,3
    Ash Content EN ISO 6245:2002 %Weight 0,01
    Lubricity, correct wear scar EN ISO 12156-1:2000 µm 460
    Oxidation stability EN ISO 12205:1996 g/m² 20
    Electrical conductivity (4) ISO 6297 pS/m 50
    Polycyclic Aromatic Hydrocarbons EN 12916:2001 %m/m 11,0(6)
    Biodiesel content(s) EN 14078:2003 % vol 0 0
    PASSPORT COPY OF GEMCO, S
    THE CEO YAHYA AL-ZADJALI

    PASSPORT COPY OF GLOBAL SARAYA MAZOON, S


    THE CEO ZUHIAR AL-ZADJALI
    C.R. copy of GEMCO the 2ndpartner C.R. copy of Global Saraya
    Mazoon Global first partner
    The banking detail of the both partners
    Beneficiary Name SARAYA MAZOON GLOBAL
    Paymaster for Saraya Mazoon
    Bank Name BANK MUSCAT
    Bank Address AL-ANSAB – MUSCAT – OMAN
    Account # 0464042713390020
    Account Name SARAYA MAZOON GLOBAL
    SWIFT / ABA # BMUSOMRXXXX
    Bank Officer ANY ONE AT THE WORKING HOUR
    Address of partner
    Name GEMCO SARAYA MAZOON
    Located P.O.BOX. 950, PC 117, WADI AL KABIR, SULTANATE OF OMAN
    Represented by MR. Yahya Al-Zadjali & MR. Zuhair Khalid Qasim Al-Zadjali
    Passport No: CM7152653, CM7152653
    Date of Issue 09 APRIL 19 – 05 JUN 2017
    Date of Expiry 04 APRIL 2029 - JUNE 2027
    Nationality SULTANATE OF OMAN

    Who is GEMCO AND SARAYA MAZOON


    They are an Oman-based services company.
    And there are leading company in the field of investment in projects and providing most of the logistical
    services and training and focuses in the oil sector and infrastructure, and combines a spirit of ambition and
    entrepreneurship with years of experience and comprehensive knowledge of investing in Oman, Gulf and
    the Middle East.

    Oil & Gas equipment


    Conducting technological, scientific, commercial and economic studies, investigations for exploitation
    Providing other technical, management, executive and financial services to venture capitalists
    MORE SERVICES

    1- HSE CONSULTANCY.
    2- DRILLING AND EXCAVATION EQUIPMINTS.
    3- LOGISTICS.
    4- EDUCATION TRAINING AND ACTIVITIIES.
    5- COMMISIION AGENTS.
    6- FINANCE CUOSNULTANCY.

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