Mazut 100 GOST10585 75/99

Product Overview

Description

 

SCO

Russia Mazut 100 Gost 10585-75/99

Quantity: 50,000~100,000mt                

Price:Gross USD200/Net USD190 CIF ASWP

Payment:100% DLC              

PB: 2%

 

procedure 1:

 

1. SELLER REPRESENTATIVE ISSUES SCO WITH FULL TERMS AND OPERATIONAL PROCEDURES

2. BUYER ISSUES ICPO / LOI

3. SELLER ISSUES COMMERCIAL INVOICE (CI)

4. BUYER SIGN AND RETURN TO SELLER

5. BUYER AND IT'S REPRESENTATIVES NOT MORE THAN 4 PERSONS COME TO RUSSIA FOR A TTM AND AFTER TTM DIP PRODUCTS WITH SGS AND PAY FOR THE PRODUCTS WITHIN 48 HOURS.

6. BUYER FINALIZE AND LIFT PRODUCTS AND SELLER PAYS ALL COMMISSIONS TO ALL INTERMEDIARIES INVOLVED

 

Procedure 2:

1. Buyers issues Irrevocable Corporate Purchase Order (ICPO) and a Corporate Bank

Comfort Letter confirming the buyer's financial capability to purchase the commodity..

2. Seller issue FCO to buyer, buyer countersign FCO and send back to seller with a letter of acceptance of procedure and conditions of transaction.

3. Seller issue draft contract open for amendments, buyer make amendment if any, and return to seller.

4. Both Parties endorses the Final wording of signed and sealed S.P.A / Contract and NCNDA/IMFPA.

5. SELLER and BUYER sign Contract Hard Copy in buyer's company.

6. SELLER shall issue non-operative 2% Performance Bond guarantee via SWIFT of bank to Buyer’s bank within 10 banking days after the formal contract signed.

7. Buyer’s bank will issue operative DLC for security to Seller’s bank within 10 banking days after 2% P-Bond guarantee received.

8. SELLER will provide Proof of Product(POP) document from bank Buyer’s bank within five(5) banking days after DLC receiked.

9. The Seller will provide POP documents include as following:

a. Copy of license to export issued by the ministry of energy

b. Copy of approval to export issued by the ministry of justice

c. Passport of deal-TRANSNEFT Contract Hard Copy to transport the product to the port.

d. Copy of statement of availability of the product.

e. Copy of the refinery commitment to produce the product for the length of this contract agreement.

f. Copy of port storage agreement.

g. Copy of Charter party agreement(s) to transport the product to discharge ports.

 

10. Delivery Commences as per Contract and the Shipment Should Arrive at Buyer’s Discharge Port within 30/45 Days.

11.Upon arrival of the Cargo at the Discharge Port, payment will be made for the Product via MT103 SWIFT or TT Wire Transfer after CIQ/SGS Inspection before offloading commences. If the CIQ/SGS certificate is not issued within Seven (3) banking days from arrival of the vessel.

 

 

 If ok, pls send buyer's ICPO paste the said procedures and buyer's banking informations.

 

Regards,

Far East representative: Mr . Baker

Email: kinglandco(at)mail.com

Skype:kinglandco1