PETROLEUM PRODUCTS   from  RUSSIA, SAUDİ ARABIA,IRAQ  

 

                       

 CONTRACT /SPOT, CIF,FOB,’’ASWP’’    DIRECTLY FROM REFINERY

 

 D2 Gasoil L-0.2-62 GOST 305-82 

 MIN :100..000 MT MAX:300.000 MT/MONTH 

 CIF PRICE :USD 460.00 Gross /USD 450.00 Net per MT 

 FOB PRICE :USD 440/430 MT/GROSS/NET 

 MAZUT M100 GOST 10585-75 

 MIN:100.000 MT MAX:300.000 MT/MONTH CIF PRICE 

 USD310.00 GROSS/USD300.00 Net per MT CHINA 

 AVIATION KEROSENE JET FUEL 

 MAX :1.000.000 BBL/MONTH 

 PRICE : USD 58.00 Gross/usd 54.00 Net/BBL CIF:ROTTERDAM 

 PRODUCT 

 CRUDE OIL RBCO GOST 9965-76 /51858-2002 

1000.000 BBLS Liftable X 12 Months 

 PRICE :USD 58.00 Gross/USD 55.00 Net per BBL ASWP 

 

 PROCEDURE    

 

 1-The Buyer issues an Irrevocable Corporate Purchase Order (ICPO)and sends it via electronic mail to the the Seller; 

 2-Seller issues Draft Contract for the buyer’s signatory.Draft Contract must be duly 

 endorsed and returned alongside with the Official Letter of Acceptance by the Buyer 

 3-Seller releases the partial POP Documents to the Buyer via E-Mail as follows; 

 A-Approval to Export 

 B-Availability of Product, 

 C-Analysis Report by SGS or Equivalent (Q&Q) 

 D-Commitment to Supply, 

 E-Commercial Invoice 

 4-Upon receipt of the POP Documents as advised above,the Buyer’s Bank issues an Irrevocable, Non Transferable,Confirmed ,SBLC MT760-SBLC MT700-BG-DLC MT 799,in favor of the seller as guarantee of payment for Goods supplied,covering the one-month delivery as per the CI 

 5-After Seller’s Bank receipt and confirmation of the Payment Instrument,the lifting commences and the seller’s bank Shall swift the full POP documents to the buyer’s bank alongside with the2% PB ,in case of delivery failure by the Refinery and the 2 % of the Product worth will be paid to Buyer. 

 6-Buyer pays via(MT103)TT wire Transfer upon the arrival of the Cargo and after inspection SGS or CIQ at discharge port. 

 7-Seller will release payments to the intermediaries involved within 72 hrs of receiving the payment for the product from the Buyer’s bank.