As Buyer:

BPO source its products directly from refineries & producers, therefore BPO regret of not being interested to receive offers or to purchase any commodity that is being offered via trading company, seller mandate, or Brokers & intermediaries.

As Seller:

BPO accept to issue offers and P. Invoice addressed only to buyer whom will be the L/C applicant with Cc to BPO Mandate and/or to party whom is handling the deal with us as intermediary.

BPO is direct purchasers & contract holders with refineries & producers, therefore BPO do not accept any request for issuing Performance Bond “PB”. For new Clients and dealers, BPO accept to receive L/C with Penalty Clause to pay such amount as non-performance Penalty.

BPO do not accept L/C with payment defer. We only accept selling via L/C payable 100% at sight upon presentation of our shipping documents at our banker counters. Please check our L/C Draft Specimen.

BPO prefer to sell on FOB basis, but if clients insist to receive cargos on CIF then client is to issue two separate L/C one to cover the cargo value on FOB Basis, and other L/C is to cover the shipping & insurance fee.

BPO do not accept to present Proof Of Products “POP” prior conditioned L/C is opened in favor of BPO.

BPO Present Mandate:

BPO Mandates are requested to work and distribute BPO line of products according to BPO procedure and inside their region only.

BPO Mandate has to know his buyer prior he sends us his buyer inquiry. That simply means mandate has to market our products in his region only and has to confirm to BPO his discussions with his buyer during a meeting face to face not as exchanged inquiries via email or faxes messages.

BPO Mandates whom will send inquiry to BPO from buyers outside their region will be ignored, and an announcement will be sent to that mandate as horn for his future cooperation with BPO.

Becoming as BPO Mandate:

BPO will issue mandate letter to any Broker & Intermediary only upon the conclusion of any deal driven by that broker or intermediary.

Brokers & Intermediaries whom are interested to deal with BPO have to comply with the following clauses to avoid BPO ignore their request:

Brokers & Intermediaries have to know their buyers prior they send any inquiry to BPO. That simply means Brokers & Intermediaries have to confirm to BPO their discussions with buyers during a meeting face to face, and not as exchanged inquiries via email or faxes messages.

BPO will only reply to Brokers & Intermediaries inquiries for their buyers of the same region of Broker & Intermediaries Corporation. For example, Indian Broker is to send Indian Buyers inquires only.

BPO shall ignore to reply to any request from Brokers or Intermediaries whom leave in a region different than buyer’s region. For example, Canadian Broker requires offer from BPO in favor of Chinese buyer.

BPO will accept to reply to Brokers & Intermediaries inquiry only if they accept to disclose their buyer’s company name & region, and on trust basis only.

Broker & Intermediaries have to be well educated and have minimum 3 years experiences in oil business in order they can compare between logistic buyer inquiry and Internet buyers inquiries. For example buyer request 500,000 MT or 1,000,000 MT per month of Russian D2, while total Russian D2 exported quantity is less than this single buyer request. Or buyer request Platt’s (-) minus discount on such commodity while this commodity is traded at Platt’s (+) plus premium, etc..

BPO do not accept to issue “NCND” or FPA in favor of any Broker or Intermediary that because "in law view" such documents = ZERO, which means NCND or FPA dose not protect the benefits of brokers or intermediaries. So Broker & Intermediaries are requested to deal with BPO on trust basis if they want us to reply to their inquires.

BPO will issue mandate letter to any Broker & Intermediary only upon the conclusion of any deal driven by that broker or intermediary.