See procedures below :
A ) D2 ( sulphur content 0.02%)--
1. Minimum quantity is 500,000 tons per month.
2. Contract period is 36 to 60 months.
3. Payment is dlc with irrevocable, transferable and worldwide 25 banks issued.
4. Price is med. CIF to europe ports minus us$12.00( gross ), us$10.00(net ).
5. Commission is us$2.00, us$1.00 seller side ( closed ) and us$1.00 buyer side.
B ) Banking procedure-
1. Buyer issues loi stating required quantity, desigend discharge port, and term of contract.
2. Seller issue fco stating price, quantity, loading port and procedures.
3. Buyer signs endorse fco and issues icpo with full banking coordinates.
4. Seller issues signed sealed contract by fax
5. Buyer signs seals contract and returns contract by email or fax
6. Buyer issues non-operative lc by swift
7. Seller issues pop & 2% non-operative pb between 24 hours banking days to buyer's bank.
8. Buyer issues lc activating pb
9. Laycan commences within 10 days from opening lc
Jet fuel colonial grade 54
10 million bbls minimum per month
20 million bbls maximum per month
Contract term : 60 months
Discount : $ 0.045 gross
$ 0.040 net
If you cannot accept our terms and conditions then please do not waste our time nor yours.
We are interested to do business only with real buyers that honestly have the ability to close a transaction.
Quantity : VARIOUS