Aquila Sky Tech.
co
22 March 2025
This document is prepared in the form of an Irrevocable Confirmed Purchase Order (I.C.P.O.) which has
drafted subject to the rules of the International Chamber of Commerce, ICP 500.
IRREVOCABLE CONFIRMED PURCHASE ORDER (ICPO)
Date: 22/03/2025
Gunvor group
We the undersigned Aquila Sky tech here represented by Mr. Ali Vazifehdoust, Director, with registration
number 717463 hereby confirm with full legal and corporate responsibility and under penalty of perjury that
we are ready to purchase the commodity in the quantity and for the price as specified in the Terms and
Conditions stated below (TWO HUNDRED THOUDSAND METRIC TONS (200,000 MT) of EN590
DIESEL FUEL – 10 PPM/ULSD (EN590): This representation is made with full corporate authority and
responsibility of the above named company.
Commodity: GASOIL EN590 10PPM
Specification: As attached
Shipping Terms for Sale: FOB FUJAIRAH Port
Origin: Non-Sanktioned- SGS report from GCC country required
Total / Contract Quantity: 200/000 MT – with two vehisel
Month Delivery: 200.000 MT
SPOT DEAL/ AFTER SUCCESSFUL THEN 12 MONTHS
Duration of Contract: 12 Month’s
CONTRACT
Packing: BULK
Price:
Payment Terms: SBLC - MT 103/TT WITHIN 72 HOURS/ AFTER SUCCESSFUL DIP TEST BY BUYER
Value Of Contract Total. Value in full UNITED STATES DOLLARS
Delivery terms:
Quality, Quantity, Weight & Photo by International Inspection Agencies/Company or Equivalent
Inspection:
at Seller Cost atthe Port of Loading, SGS, CIQ or Equivalent
Insurance: 110%
Performance bond: non
Quality Export Quality
Shipping Documents: All Shipment Documents And Invoices
0015, Armenia, Yerevan, Paronyan 21/3 +374 (95) 788 378 [email protected]
Aquila Sky Tech. co
22 March 2025
CI DIP AD PAY FOB FUJHAIRA {NON-NEGOTIABLE}
FOB STANDARD PROCEDURE TANK TO VESSEL.
1.BUYER ISSUES OFFICIAL ICPO, CPA, ADDRESSED TO THE REFINERY OR
REPRESENTATIVE.
2.SELLER ISSUES COMMERCIAL INVOICE (CI), BUYER SIGNS AND RETURNS THE
SIGNED INVOICE
TO SELLER.
3.SELLER ISSUES TO BUYER THE PARTIAL PROOF OF PRODUCT DOCUMENTS:
* ATSC - AUTHORITY TO SELL AND COLLECT
* PRODUCT PASSPORT - PRODUCT ANALYSIS REPORT
* STATEMENT OF PRODUCT AVAILABILITY DULY SIGNED AND NOTARISED BY THE
APPROPRIATE
AUTHORITIES.
* COMMITMENT LETTER TO SUPPLY
* CERTIFICATE OF ORIGIN
4.BUYER CONTACT REFINERY FOR DIP TEST AUTHORIZATION PASS TO ALLOW
BUYER VESSEL TO ENTER THE TERMINAL AND CONDUCT DIP TEST, CIQ
INSPECTION & SGS. BUYER WILL BE RESPONSIBLE FOR THE COST OF
OBTAIINING PORT PASS AUTHORIZATION DOCUMENT AND THE NUMBER OF DAYS
TO CONDUCT A DIP TEST AND INJECTION OF FUEL TO THE VESSEL.
5.AFTER SUCCESSFUL DIP TEST IN SELLER’S TANKS, BUYER TAKES OVER
SELLER’S TANK OR BUYER ISSUE Q88 AND NOR TO THE SELLER.
6.SELLER ISSUE NCNDA AND IMFPA TO BE ENDORSED BY THE BUYER AND ALL
THE INTERMEDIARIES INVOLVE IN THIS TRANSACTION.
7.SELLER INJECTS INTO BUYER’S VESSEL AND BUYER CONDUCTS ITS OWN DIP
TEST
INSPECTION FOR Q & Q OF THE PETROLEUM PRODUCTS ABOARD VESSEL / TANK.
NCNDA AND IMFPA
8.BUYERS AFTER SUCCESSFUL Q &Q DIP TEST ON THE PRODUCT, BUYER MAKES
THE PAYMENT
FOR THE TOTAL VALUE OF PRODUCT INJECTED INTO THE TANKS THROUGH THE
MEANS OF MTI03 - TT.
9.UPON SELLER RECEIVES THE PAYMENT FOR THE PRODUCT FROM THE BUYER,
SELLER MAKES THE PAYMENT TO ALL THE INTERMEDIARIES INVOLVE IN THE
TRANSACTION, AND SELLER ISSUE.
TO BUYER THE TITLE OWNERSHIP OF THE PRODUCT AND ALL EXPORTING
DOCUMENT OF THE PRODUCT.
0015, Armenia, Yerevan, Paronyan 21/3 +374 (95) 788 378 [email protected]
Aquila Sky Tech. co
22 March 2025
10.THE SELLER ISSUE THE 12 MONTHS CONTRACT TO THE BUYER. THAT WILL
BE ENDORSED BETWEEN THE BOLD PARTIES.
ULTRA LOW SULFUR DIESEL EN590 10PPM PREFERRED SPECS:
Physical Characteristics: Specifications: Test methods:
Appearance @ 20 °C Clear and Bright Visual inspection
Solvent Yellow 124 Min 6,0 – Max 9,0 mg/l HPCL
Colour 0.2 max Visual inspection
Density at 15°C 820.0 - 845.0 kg/m³ EN ISO 3675 / 12185
Viscosity at 40°C 2.00 - 4.50 mm²/s EN ISO 3104
Cetane index Min. 48.0 EN ISO 4264
Sulphur content Max. 0.001 mg/kg EN ISO 20884 / 20846
Cetane number Min. 51.0 EN ISO 5165 /
EN 15195 / 16144
Lubricity Max. 460 μm EN ISO 12156-1
Flash point Min 60°C EN ISO 2719
Content of Fatty Acid Max. 7% (v/v) EN 14078
Methyl Esters (FAME)*
Cloud Point: Max. +4°C
Summer (April - September) Max. 0°C
Intermediate Max. -5°C EN 23015
(March / October / November)
Winter (November - February)
Carbon residue Max. 0.30 % m/m EN ISO 10370
(on 10% distillation residue)
Ash content Max. 0.01 % m/m EN ISO 6245
Copper strip corrosion Class 1 EN ISO 2160
(3h at 50°C)
Water content Max. 200 mg/kg EN ISO 12937
Total contamination Max. 24 mg/kg EN 12662
0015, Armenia, Yerevan, Paronyan 21/3 +374 (95) 788 378 [email protected]
Aquila Sky Tech. co
22 March 2025
BUYER’S INFORMATION:
Name: Ali Vazifehdouat
Position: CHAIRMAN and CHIEF EXECUTIVE OFFICER (CEO)
Company name: Aquila Sky tech
Registration Number: 1218075
Address: Paronyan street
City/Zip: Yerevan / 0015
Country: Armenia
Business Telephone: +374 95 788 378
Business Fax:
Mobile Telephone: +374 95 788 378
E–mail: [email protected]
BUYER’S BANK INFORMATION:
ISSUING BANK 1: ISSUING BANK 2:
Bank Name: CONVERSE BANK
Armenia, 0010, Yerevan, 26/1,
Bank Address, City, Country: Vazgen Sargsyan
BENEFICIARY BANK Converse
Bank CJSC Yerevan, Armenia
SWIFT: COVBAM22
CORRESPONDENT BANK
Bank Swift Code: BANK OF GEORGIA TBILISI, GEORGIA
SWIFT: BAGAGE22 INTERMEDIARY
BANK
CITIBANK N.A. NEW YORK, USA
SWIFT: CITIUS33
Bank Telephone: (+374) 10 511211
Bank Fax: (+374) 10 511212
Account Name: Aquila Sky Tech
Account Number: 19300 734164000
Bank Officers name: Vahe Grigoryan
Bank Officer E–mail address:
[email protected] 0015, Armenia, Yerevan, Paronyan 21/3 +374 (95) 788 378 [email protected]
Aquila Sky Tech. co
22 March 2025
Bank Website address: https://www.conversebank.am/
• This Purchase Order will not be valid until signed by an authorized signatory.
_____________________________
Aquila Sky Tech
Ali Vazifehdoust
CHAIRMAN/CEO
0015, Armenia, Yerevan, Paronyan 21/3 +374 (95) 788 378 [email protected]
