Define
Clarify the product, volume, destination, timing, transaction structure, and commercial objectives.
TRANSACTION APPROACH
Structure supports
execution.
A clear starting point helps counterparties understand the opportunity, documentation, responsibilities, and next steps.
OUR APPROACH
From requirement to agreement.
Verify
Establish the identity, role, authority, and commercial capacity of the participants. Review appropriate supporting documentation.
Align
Communicate procedures, responsibilities, documentation, pricing expectations, and logistics with the parties.
Document & execute
Proceed under the applicable agreements and agreed verification, payment, title-transfer, and delivery arrangements.
TRANSACTION STRUCTURES
The agreement defines the process.
FOB
Free on Board. The named location, delivery obligations, and terms are established in the applicable supply agreement.
CIF
Cost, Insurance and Freight. Destination and contractual obligations must be clearly agreed.
TTV
Tank-to-Vessel. Verification, transfer arrangements, and responsibilities are set out in the transaction procedure.
These are introductory descriptions. The applicable contract determines the obligations of each party.