Product - light crude Quantity - 2million barrels minimum Duration - 12month contract FOB Payment - Escrow account Delivery - China
OFFER #1: CIF INCLUDES PORT DOCKING OF VESSEL AND CUSTOM CLEARANCE BY SELLER. PROCEDURE: Dip and Pay. Free boarding, Q&Q onboard vessel inspection by Buyer. LICENSE: China CCIC PAYMENT: After custom clearance and port of destination. No bank guarantee, no blocked funds, and no SBLC PRICE: $-8 gross / $-6 net OFFER #2: Tanker Tank Over (TTO) PROCEDURE: $1M SBLC ISSUED BY BUYER THROUGH SWIFT MT 760 AND INSTRUCT HIS LOADED VESSEL CAPTAIN TO ISSUE NOR/ETA TO HABOUR MASTER FOR ONWARD DEPARTURE ON BEHALF OF BUYER AND HIS SHIPPING AGENT. INSPECTION: BUYERâ??S INSPECTOR CONDUCT Q&Q AND SUBMIT RESULTS TO BUYER AND SELLER. PAYMENT: MT103 CRYSTALIZED TO CASH LESS $1M FOR LOGISTICS AND DOCUMENTATIONS, AS BUYER MAKES FULL PAYMENT. PRICE: $-12 gross / $-8 net OFFER #3: CIF FOR UNLOADED SHIP PROCEDURE: RWA issued by Buyer via MT799 Stating Readiness to issue SBLC. Seller validates SBLC and issues 2% PB to Buyers' Bank INSPECTION: Buyers' Independent Inspectors inspectors form Q&Q PAYMENT: MT-103 PRICE: $-12 gross / $-8 net
Total Volume:48,000,000 US Barrels (bbl) or 6.371 Million Metric Tons (MT) of BLCO Price: 3 day average of the Platts Quote Price on Delivery date (and day before and after) Gross Discount:US$10.00 per bbl Net Discount:US$6.00 per bbl Seller Agent:US$2.00 per bbl closed Buyer Agent:US$1.50 per bbl open Monthly Amount:4 million bbl (0.531 MT) per month. Term:12 months, roll overs possible Sale Terms Seller: CIF any World Port accepting Crude for off load Sale Terms Buyer:MT799 Proof Of Funds required What is a MT799 Proof Of Funds (POF)? Oil Specs 1.Specific Gravity at 60? F/15.55? C: 0.8397 - 0.8498 2.API Specific Gravity at 60? F/15.55? C: 37.0 3.Density at 60? F/15.55? C - Cg �?? C M �?? MAC 0.85 max 4.Pour Point
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