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CLIENT to provide an updated corporate profile and business license. CLIENT also to provide a product specification sheet and supplier/refinery/exporter details in full OR a refinery commitment letter.

LESSOR will send over a lease agreement and applicable invoice, which shows a commitment to pay within a stipulated time.

Client to sign back lease agreement and invoice, confirming his/her commitment to the transaction.

Then CLIENT to pay immediately, as per the signed commercial invoice.

Once payment has been made, an official bank transfer slip/receipt to be sent to the LESSOR by the CLIENT confirming the same.

On receipt of payment to LESSOR’S account, within 36 business hours, a TSR will be provided to the Client by the LESSOR after receiving the NOR from the seller/refinery and injection schedule.

LESSOR to open communication with CLIENT’S supplier/refinery/exporter and create an injection schedule.

Upon Completion of the reception of the Petroleum Product (FIRST SPLASH) from the pipeline into the Tanks, the Number of Days LESSEE Company paid for start counting as days use for the storage of the Petroleum product.

LESSEE Company provide their Inspection Team for Dip Test Inspection Confirmation for Quality & Quantity of the petroleum product received from the pipeline system into the Tanks and lift the petroleum product from the Tank anytime during the Validity of the days LESSEE Company paid for.


RK-oil expanding world-wide network

Founded in the Netherlands in 1920, in Russia 1920, RK-oil Terminal grew quickly to cover the entire European continent. Today, our network of local offices and specialized facilities continues to expand beyond Europe to the Middle East, India, Asia and the Americans.

Since opening our hubs in 2011 in Dubai, Houston and Singapore, Brazil - in response to the changing flows of cargo and storage - we have experienced sustained business growth in intercontinental traffic, most recently with the acquisition of InterBulk Group.

22 May 2014

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