PLEASE READ BELOW INFORMATION VERY CAREFULLY BEFORE SUBMITTING THE REGISTRATION FORM
Trading and wholesale of petroleum and its various products is by no means an easy job. Even the most experienced of petroleum traders needs newer sources and competitive pricing. Our Petroleum Trade Desk provides great support to genuine buyers from across the world.
Buyer Qualification:
All Buyer Applicants must meet the following criteria:
A proven multi-year track record in oil & commodity trading.
A proven ability to receive and transport the product upon delivery.
Sufficient available capital, or credit line, to purchase the product.
Banking at a reputable bank.
Holding import or trading licenses to receive or transport the product in/through/to any country or territory where this might be required.
In good standing.
Not selling the product to any party residing in, liaised with, or transporting to a location in, a country or territory under trade embargo by the United States of America, European Union, Hong Kong S.A.R. or the United Nations.
We take pride in assuring that buyers are fully vetted, and able to consummate a transaction with our validated Sellers. Our approach is to be engaged in every aspect of the buy/sell process to allow the sale and delivery of fuels in an efficient and expedited manner.
Buyer's Due Diligence:
Becoming a Qualified Buyer:
In order to become a Qualified Buyer we will need to perform a due diligence on the buyer's company, its track record of successful transactions and its current financial ability to purchase. The procedure to become a registered Qualified Buyer is as follows:
The potential buyer fills the above form and sends a recent "Company Profile" to Subcontracts India.
Our sales team will make a first assessment and then we might request for further information regarding the buyers company details, financial status, trading history and product requirements.
Upon a positive review of the application, one of our sales managers will contact the buyer directly to discuss purchase requirements, product availability and sales procedures.
The buyers company will be registered as a Qualified Buyer and will receive our regular product offers via email.
INTERMEDIARY FEE PROTECTION: In accordance with the ICC terms, we fully protect and honor the intermediary's interest in each transaction. It is, thus, extremely important to have the intermediary information submitted so that there are no confusion later on.
Note the following:
Only experienced End-Buyers can apply to become a Qualified Buyer. We do not accept applications from Brokers, Intermediaries or Traders without any proven track record.
Only authorized directors or senior officers of the buying company can submit an application. We cannot accept applications by unauthorized persons.
Every Buyer will have to meet our Buyer Criteria.
By submitting the above form online, all buyers agree to pay Subcontracts India 50% of the commissions on the Buyer's Side. Subcontracts India is the owner of the GLOBAL OIL AND GAS TRADING platform.