Email Address: rapidwealth2010@gmail.com
Type of Scam: Other Scams
From LinkedIn:
Abdulrosheed Ibn Salam (Al-otuwiy)
CEO/PRESIDENT Abis Oil & Gas
************* Australia Origin Jet Fuel Is Available *************
PRODUCTS: Aviation JET Fuel A-1
QUANTITIES: Up to 2,000,000 Barrels
PRICE GROSS: $78.00 USD per Barrel
PRICE NET: $76.00 USD per Barrel
ORIGIN: Australia
PORTS : ROTTERDAM HOUSTON
INCOTERMS: FOB, CI DIP AND PAY
PAYMENT TERMS: T/T Telegraphic Transfer MT103
INSPECTION: SGS, CIQ OR SIMILAR
FOB CI, DIP AND PAY PROCEDURE – TANK TO VESSEL
1. Buyer issues Irrevocable Corporate Purchase Order (ICPO) addressed to Seller alongside with CP and Passport No.
2. Seller review buyer issued Irrevocable Corporate Purchase Offer (ICPO) if accepted, seller issue Commercial Invoice (CI) according to the buyer requested quantity and ICC Warning Letter.
3. Buyer reviews, signs and returns to seller the Commercial Invoice (CI) and ICC Warning Letter to the seller for final review and approval.
4. Upon final approval of the endorsed Commercial Invoice (CI) and ICC Warning Letter, the seller issue to the buyer the below PPOP documents:
a) Refinery Commitment and Assurance Letter to Supply the Product
b) Statement of Product Availability
c) Product Passport
d) Authorization to Sell and Collect (ATSC)
e) Authorization to Verify the Product Physically (ATV)
f) Unconditional Dip Test Authorization Letter (UDTA)
g) Tank Storage Receipt (TSR) with GPS Coordinator
h) Guarantee Letter for the tank storage extension and for any default.
5. Upon buyer confirmation of the above PPOP documents, the Buyer extends tank storage in order to conduct dip test. (LBC Tank Terminals Company will issue and send via email a
payment invoice directly to the buyer).
6. Upon receipt and confirmation of Tank Extension Receipt (TER) by the buyer, seller or buyer will conduct dip test on seller’s expenses and seller will issue to the buyer the below
Full POP documents:
a) SGS Report (Quantity & Quality Report) (Not older than 48 hours) – Conducted on seller’s expenses.
b) Certificate of Origin
c) Pipeline Injection Report
d) Tank Storage Receipt (TSR) with GPS coordinator
7. Upon successful verification of the Full POP documents, buyer provide his Charter Party Agreement (CPA) and Q88 to enable the seller to prepare for Injection of the product into buyer's charter vessel.
8. Upon implementation of the injection into buyer’s vessel, buyer makes 100% payment via. MT103 TT wire transfer for the total product injected into buyer’s vessel and Seller will transfer title ownership and all export documents to the buyer. Seller within 24 hours upon receipt of buyer's payment pays allocated commission to all intermediaries
9. Seller issues Draft Sales Purchase Agreement (SPA) to the buyer for review and proceeds
with the signing and implementation of the agreed contract.
Contact Person
Abdulrosheed Ibnsalam
CEO/President (Abis Oil & Gas Formerly Crudeoilfinder)
International Crude Oil & Refined Petroleum Product Consultants
Tel/Whatsapp : +2349070788611
Email: rapidwealth2010@gmail.com