ABOUT AGS

ALL GROUP SUPPORT (AGS) is a consortium of petroleum experts dedicated to providing clients with overarching access to international Oil and Gas products. AGS specializes in searching Oil and Gas products around the world to facilitate both End Buyers and Re Sellers with technical and logistical support throughout the entire purchasing process. At AGS we strive to identify the Oil and Gas sources that best fulfill our clients’ needs using technology and leading industry knowhow as a result of more than four decades of experience in the field. Our priority: helping our clients secure satisfactory businesses.

  • AGS was founded in Miami, Florida, in 2010. Has three main offices, Miami USA, London England and Barcelona Spain.  These permits us to take advantage of the cosmopolitan nature of those three cities.

  • AGS follows a flexible organizational structure that allows us to focus on the most reliable producers, maintaining quality and low costs for our clients.

  • AGS provides support throughout the entire process focusing in a “Buyer Procedure” that has proven to be a reliable and efficient tool.

OUR SERVICES

AGS PRIORITY:
“Take care of our clients needs for securing satisfactory business.”

  • Approach and establishment of potential business relationships

We find potential business relations for our clients, and act as liaisons between the client and the potential business partner.

  • Negotiation support for business relationship

We provide advice and/or carry negotiations on behalf of our clients for securing satisfactory business contracts, including discussions with financing entities, if required.

  • Access to our vast network of relationships in the global oil and gas market

With the time, we have developed a great  network of relationships with the leading players in the global Oil and Gas industry. Also we have nourished deep relations with personalities in the field.

OUR GUIDING PRINCIPLES

Our main goal is to provide high quality and cost competitive professional services, following these main principles:

RESPECTING OUR CLIENTS

ADHERING TO ALL APPLICABLE LAWS AT ALL TIMES

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adding value to every transaction

PROTECTING THE CONFIDENTIAL INFORMATION OF OUR CLIENTS, AND EXPECTING RECIPROCITY

BEING TRANSPARENT IN ALL OUR TRANSACTIONS

DEFINING AND UNDERSTANDING THE NEEDS AND OBJECTIVES OF OUR CLIENTS

AGS PRODUCTS

POTENTIAL BUYER PROCEDURES

In order to ensure best practices for all our clients and business partners, all potential buyers must adhere to ALL GROUP SUPPORT (AGS) business’ procedures. The procedure for all potential buyers is as follows:

  1. Buyer expresses interest via Letter of Intent (LOI), made out to AGS containing details of product, quantity, and destination and attaches Company Profile. LOI must be from buyer, not intermediaries.
  2. AGS supplies buyer with bank details for the issue of POF via MT199 swift from buyers bank to seller’s bank. (A swift copy should be sent to AGS for confirmation)
  3. Once POF has been confirmed by bank, buyer issues full ICPO with banking details and then the Sells and Purchase Agreement (SPA) will be issued for the product and this SPA must be returned within 48 hours fully completed, signed and sealed.
  4. Upon returning the SPA, seller will sign SPA and return in PDF format to buyer and issue PPOP documents on a bank to bank basis for buyer verification. PPOP documents are as follows:

      • 4.1. Copy of refinery certificate of Incorporation.
      • 4.2. Copy of Statement of Availability of the product.
      • 4.3. Copy of the refinery commitment to supply.
      • 4.4. Copy of the Port Storage Agreement.
      • 4.5. Copy of the Charter party agreement to transport the product.
      • 4.6. Copy of the Quality and quantity (Q&Q) analysis report.

  5. Simultaneously after verification of the Partial Proof of Product (PPOP) documents within 48 hours, buyers bank will issue an Irrevocable, Confirmed, Transferable and Revolving Stand-by Letter of Credit (SBLC) via MT760 for the face value for each shipment to sellers bank according to Sellers Bank Verbiage and upon receipt and confirmation, seller will issue 1% Performance Bond (PB) and Full Proof of Product (FPOP) as below:

      • 5.1. Copy of the license to export, issued by the Ministry of Energy (Russia).
      • 5.2. Copy of the approval to export issued by the Ministry of Justice (Russia).
      • 5.3. Copy of the vessel Q88.
      • 5.4. Copy of the Bill of Lading.
      • 5.5. SGS report at loading port.
      • 5.6. Dip Test Authorization (DTA) and Authorization to Board (ATB).
      • 5.7. Notice of Readiness (NOR) and Estimated Time of Arrival (ETA).
      • 5.8. Certificate of ownership.
      • 5.9. Attestation of allocation certificate endorsed by Ministry of Energy (Russia).

  6. Seller nominated Insurance/ Shipping company issue 100% insurance policy for first month shipment value.
  7. Shipment commences as per signed contract delivery schedule and shipment should arrive at buyer sport of discharge port within xxx days (depending on weather and port, some ports may take longer to reach).
  8. The SGS/Intertek inspection will be borne by the seller at loading port and buyer at the unloading port.
  9. Buyer releases payment to seller by TT/MT103 upon receipt of the shipping documents and successful confirmation of the Q&Q at unloading port.
  10. For purpose of clarity, the closing and completion of each and every shipment shall    be deemed to take place when the TT/MT103 issued by buyer has been drawn down at the counters of the issuing bank.
  11. Next Delivery continues as per contract terms.

SPECIAL CONDITIONS:

  1. Any disputes which may arise from or be related to the interpretation and/or execution of the contract will be submitted to the appropriate court of Geneva under Swiss Laws.
  2. No proof of past performance will be given.
  3. Details of the selling refinery will not be disclosed until POF is received. PPOP documents issued will contain all refinery details.
  Please feel free to contact us with any concerns about AGS buyer’s procedures.

Contact

If you have questions about our Services, Products or need any help, please feel free to contact us.

ags@allgroupsupport.com

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