Oil product: A1 Jet Fuel
Place of Origin: Russia
Quantity : 2,000,000 barrels per month
Term of Contract: 13 months (1 year)
Trade terms: FOB
Price: Brent
Basic process and documentation of transactions
1. Company A shall provide LOI to Company B and need to provide
BCL from Bank at the same time.
2. Based on the LOI of Company A and BCL, Company B provides to
Company A FCO+NCNDA/ICC.
3.Company A issues ICPO plus unenforced BG
4. Company B provides 2% PB, plus POP certificate of supply,
contract of supply.
5. Company A provides official BG and LC.
6.Company B delivers the product to the appointed destination
port.
7.The payment will be completed after Company A finishes the
tests SGS and qualified
Demands of finances and payments
Company A shall be able to issue an irrevocable, confirmable, and automatically recyclable 3 month BG, valid for at least 1 year and 30 days; or Company A shall be able to issue an irrevocable, confirmable, and automatically recyclable two month BG plus A one month LC, both of which shall be valid for at least one year and 30 days
Please ask detailed and specific
questions about Pricing, Minimum Order Quantity, Delivery Timelines etc. Detailed Messages
result in prompt responses.