Oil and Gas Trading: Free Dip Test and Payment Process

1. The buyer sends the company profile, CIS, and Tank Storage Agreement as part of the oil and gas transactions.  

2. The seller issues a commercial invoice and UDTA (Free Two Days Access) to facilitate the FOB inspection process.  

3. The buyer completes the UDTA with their inspector details.  

4. Upon satisfactory inspection, the buyer provides TSR for delivery.  

5. An injection schedule is issued, and delivery is programmed according to this injection schedule.  

6. The buyer confirms the product in tanks and completes acts of title transfer ATSC to the buyer's name.  

7. The buyer is provided full POP, including SGS, ATSC, and EXPORT LICENSE.  

8. The buyer makes payment for the total product quantity.  

9. The seller settles buyer and seller side commissions if any, ensuring smooth operations in the oil and gas transactions.