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Marcel Jules Sanders

(1.1)
Member From Belgium
Sep-04-21
Buyer : Crude Oil

Supplier : Crude Oil

Established: 1985

Verification Status

Contact Details:
Heistlaan 231
Knokke-Heist 8301
Belgium
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Quantity Required: 100,000 Barrels
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Product Description
Please provide a quotation to the following requirement from importer -

Product: Light Crude Oil

Specifications:
Target prices: Light Crude Oil - $60 - $65 per MT TTO
There will be NO ADVANCE PAYMENT by the Buyer. The procedure is really simple (E.g. Cash and Carry) (1) Buyer issues ICPO
(2) Seller issues SPA
(3) Buyer signs SPA
(4) Seller issues PPOP and agrees with the Buyer to board the vessel in / near China waters
(5) Buyer boards the vessel and conducts testing of product and verification of documents
(6) Ownership of documents get changed to Buyer
(7) Vessel is directed to port

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Quantity Required: 3,000,000 Barrels
Payment Terms: Buyer opens LC from a first class bank, -afterwards, full payment done using bank transfer under MT 103 Process upon taking delivery at theport of laoding
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Product Description
Buyer is interested to receive quotations for the following RFQ -

Product Medium Crude Oil

Specification:
29 API
Sulphur Content 2.6%
Preferable Country of Origin Iraq

Quantity 3,000,000 barrels Monthly
To be indicated by the seller and confirmed by thebuyer
Pick-up Procedure FOB UMM Al Qasr
Price Bench Mark Brent Platts
Expected Price Minus US $ 9 Brent Platts

Contract Period 36- months

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Payment Terms : Buyer opens LC from a first class bank, -afterwards, full payment done using bank transfer under MT 103 Process upon taking delivery at theport of laoding

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Verification Status

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