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BULK OIL SUPPLY AGREEMENTbetweenSFF ASSOCIATION NPC (SELLER)endgame OF BUYER (BUYER)Page 2TABLE OF CONTENTS1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33
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How to fill out petroleum product supply agreement

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How to fill out petroleum product supply agreement

01
Step 1: Start by downloading a petroleum product supply agreement template
02
Step 2: Review the template thoroughly to understand the terms and conditions
03
Step 3: Fill in your company's information including name, address, and contact details
04
Step 4: Specify the duration of the agreement, including the start and end dates
05
Step 5: Clearly define the scope of the agreement, detailing which petroleum products are being supplied
06
Step 6: State the quantity of the products to be supplied and any minimum or maximum requirements
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Step 7: Include the pricing terms, including the agreed upon rates and any applicable taxes or fees
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Step 8: Outline the delivery terms, specifying the location and method of delivery
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Step 9: Define the payment terms, including the agreed upon payment schedule and any penalties for late payments
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Step 10: Review the filled-out agreement for accuracy and make any necessary corrections
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Step 11: Sign the agreement along with the counterparty and keep a copy for your records

Who needs petroleum product supply agreement?

01
Petroleum refineries and distributors who require a consistent supply of petroleum products
02
Transportation companies that operate fleets of vehicles and require fuel
03
Industrial manufacturers who use petroleum products as raw materials in their production processes
04
Power plants and energy companies that rely on petroleum products for electricity generation
05
Agricultural businesses that use petroleum products for machinery and equipment operation
06
Government entities involved in infrastructure development that require petroleum products for construction and maintenance
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A petroleum product supply agreement is a legal contract between parties that outlines the terms and conditions for the supply and purchase of petroleum products.
Entities involved in the sale or distribution of petroleum products, including suppliers and distributors, are typically required to file a petroleum product supply agreement.
To fill out a petroleum product supply agreement, parties should provide necessary details such as the names of the parties, product specifications, pricing terms, delivery schedules, and other relevant conditions.
The purpose of a petroleum product supply agreement is to ensure a clear understanding between the parties regarding the obligations and expectations related to the supply and purchase of petroleum products.
Information that must be reported includes the names of the contracting parties, product types, quantities, pricing, delivery terms, and any applicable regulatory details.
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