Fuel Sales Transaction Process

Summary

The fuel sales and purchase procedure involves several key steps: the buyer issues an ICPO and company profile, followed by the seller issuing a Commercial Invoice. The buyer signs and returns it with NCNDA/IMFPA. The seller provides PPOP documents, and a US law firm issues an Escrow Agreement. The buyer deposits $270,000 in the US Escrow Law Firm Account. The seller then issues additional documents, and the buyer conducts a Dip Test. Both parties sign the TTVIA Agreement, and the seller injects the product into the buyer’s vessel or tanks. The buyer makes payment via MT103-TT, and the seller pays commissions to intermediaries.

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Please highlight the above the fuel sales and purchase pricedure
Sure, here is a concise summary of the fuel sales and purchase procedure:
*. Buyer issues ICPO and company profile.
*. Seller issues Commercial Invoice; Buyer signs and returns with NCNDA/IMFPA.
*. Seller provides PPOP documents.
*. US law firm issues Escrow Agreement.
*. Buyer deposits $*,* in the US Escrow Law Firm Account.
*. Seller issues additional documents.
*. Buyer conducts Dip Test.
*. Both parties sign TTVIA Agreement.
*. Seller injects product into Buyer’s Vessel/tanks.
*. Buyer makes payment via MT103-TT.
*. Seller pays commissions to intermediaries.
Is there a specific step where you need more detailed legal advice?