General Terms

These Terms of Service govern your use of NexGulf Energy's services and outline the legal framework for all transactions and interactions with our company.

Service Description

NexGulf Energy operates as an intermediary for fuel trading, specifically:

• Jet A1 fuel trading services
• EN590 fuel trading services
• Supply chain management
• Market analysis and consultation

Transaction Requirements

All transactions must comply with the following requirements:

• Valid ICPO (Irrevocable Corporate Purchase Order)
• Bank-to-bank POP (Proof of Product) verification
• Standard SPA (Sales and Purchase Agreement) framework
• Compliance with international trade regulations

Trading Process

Our trading process follows these standard procedures:

Documentation

Required documentation for all transactions:

• Company registration documents
• Banking information and references
• Proof of funds or financing
• Import/export licenses where applicable

Payment Terms

Standard payment conditions:

• Payment via bank transfer only
• Payment terms as specified in SPA
• No cash transactions accepted
• All fees and charges clearly stated in advance

Legal Framework

Our operations are governed by:

Jurisdiction

All transactions and agreements are subject to:

• International trade laws
• Relevant maritime laws
• Anti-money laundering regulations
• Export/import control laws

Dispute Resolution

In case of disputes:

• Initial resolution through negotiation
• Arbitration as specified in SPA
• Legal jurisdiction as per agreement
• Force majeure provisions apply