A « Vopak to Vopak » transaction is a direct, secure oil and gas transfer process where product verification and logistics are handled through Vopak’s own terminals, allowing for immediate transfer and payment upon verification. The advantages include heightened trust and transparency because both buyer and seller use Vopak’s infrastructure and managers for confirmation, resulting in increased efficiency, reduced risk, faster delivery, and greater assurance of product authenticity.
Key Advantages =
Increased Trust: Direct communication and verification between Vopak terminal managers enhance trust and transparency.
Reduced Risk: The process minimizes risk by relying on established Vopak procedures and infrastructure for verification.
Greater Efficiency: Direct communication and verification through Vopak’s network streamline the process.
Immediate Delivery: The product is injected into the buyer’s tank at the Vopak terminal, enabling swift delivery.
Product Assurance: Buyers receive assurance of product authenticity and quality through Vopak’s verification process.
How a Vopak to Vopak Transaction Works with our Kazakhstan seller refinery?
We accept also Vopak Joint Venture accounts!
1. Vopak Terminal Assignment: The buyer identifies and provides the details of their Vopak terminal to the seller.
2. Initial Documentation: The buyer sends their Irrevocable Corporate Purchase Order (ICPO) to the seller, including their Vopak terminal name and reference details.
3. Verification: The seller issues a Commercial Invoice (CI), which the buyer signs and returns. The seller then authorizes the buyer’s Vopak Terminal Manager to contact the seller’s Vopak Terminal Manager to verify the product’s existence.
4. Confirmation and Agreement: Upon successful verification, the buyer’s Vopak Manager obtains a Vopak Agreement or reference code and a Vopak Barcode, which they submit to the seller.
5. Full Verification: After confirmation, the seller provides the full Proof of Product (POP) documents, including a fresh SGS Report, Product Reservoir Receipt, and other relevant certificates.
6. Injection & Payment: Product injection begins into the buyer’s Vopak tank.
7. Completion: After successful injection, the buyer makes the payment, and the seller transfers the title of ownership.
We invite all verified buyers or direct mandates to contact us! If you are aligned with the procedure below, we will connect you straightforward with the Kazakhstan refinery who will handle the whole transaction!
We accept also Vopak Joint Venture buyer accounts!
WANI MINING TRADE 
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