Excavators, processors and exporters of Bentonite in various grades, bentonite has varied application in different industries like iron and steel, water and oil drilling and palletization etc. It is a well known fact that Indian Bentonite is of the best quality in the world
Bulk
COMMODITY: Light Crude Oil according to availability in the moment of loading on
seller offer and buyer acceptance.
ORIGIN : UAE
PICKING: BULK
QUANTITY: Monthly 2,000,000 US Barrels over shipments of 2,000,000 Barrels for
one year
PRICE: Brent plate (As SPA Conditions) ( price Minus - 2 USD per Barrels )
DELIVERY : TANK / FOB /
PAYMENT : After Signing the SPA, buyer has to open for MT199 / MT 103 / 72 BLOCK FUNDS
DIP & PAY / DLC or SBLC (against documents as SPA Conditions). Exchange rate for
EUR/USD is considered as per quoted on ecb.com for effective date of PMT
SPECIFIC GRAVITY: 0.8398
API AT 60 DEG. F: Min 35.0 -Max 37.00 +/- 5% (ASTM D-1298)
WATER CONTENT BY DISTILLATION: 0.2% (ASTM D-4006)
POUR POINT DEGREES F: BELOW 40 (ASTM D-97)
SULFUR WEIGHT %: 0.14 (ASTM D-139)
SALT CONTENT PARTS PER BILLION: 3.0 (ASTM D-526)
REID VAPOR PRESSURE (P.S.I.G.): 6.52 (ASTM D-529)
KINEMATIC VISCOSITY @ 30 DEG. C: 2.2 (ASTM D-523)
DISTILLATION INITIAL BOILING POINT (IBP): 35 DEG. C (ASTM D-86)
DISTILL TO 75 DEG. C VOL.%: 7.0
DISTILL TO 175 DEG. C VOL.%: 35.5
DISTILL TO 250 DEG. C VOL.%: 51.5
DISTILL TO 300 DEG. C VOL%: 60.5
COLOUR: Dark Brown
We can supply FOB Venezuela Mreey 16. If you are interested in tanker we have available for charter also. Please tell quantities you are interested in.
USE2: QUANTITY.
2.1 The total contractual quantity of the commodity sold and purchased under this Agreement is 2million bbls (TTT),(TTO) with a variation of +/-10% (plus/minus ten percent). Without prejudice to the fore going, the Buyer shall acceptancy additional shipment/delivery of product should availability of products sustain such additional consignment.
CLAUSE3: DELIVERY TERMS.
3.1 The contracted quantity is 2m barrels, +/-10% (plus/minus ten percent) pershipment at sellers option.
3.2 The delivery scheduled, commencing as quickly as possible, upon mutual agreement Between the Buyer and the Seller.
CLAUSE4: TIME PERIOD.
4.1 The duration of this contract is 7days for shipments of each 2MBBLS barrels per vessel, +/-10%, unless extended by an agreement by both parties.
4.2 This contract, if so desired, can before 12months or longer, with possible rolls and extensions.
4.3 Lifting shall commence in less than 10 (Ten) calendar days of execution of this contract and placement of banking instruments in favor of the Seller.
CLAUSE5: QUALITY
The Seller guarantees that the quality of the product sold will conform to the guaranteed specifications of NNPC Bonny Light Crude Oil, as noted in Appendix â??Aâ?? of this agreement.
CLAUSE6: PRICE AND PAYMENT SCHEDULE:
A. =GROSS DISCOUNT BELOW BRENT $13:00 LESS $5:00 TO BROKERS, THEN $2:50 TO SELLER'S AGENT/FACILITATOR AND $2:50 TO BUYER'S AGENT/FACILITATOR.
B. Sellers and Buyers Agents/Facilitators = $5:00 PER
Brief Procedure:
1. Buyer return signed spa to seller with supercargo and inspector PPT details.
2. Buyer`s bank sends pre-advice to seller`s bank stating her readiness to issue total cargo BG or SBLC or Cash backed MT.799
3. Seller`s bank responds with readiness to receive the bank instrument.
4. Buyer`s bank issues the bank instrument and copy the seller.
5. Seller confirms and instruct loaded vessel`s captain to issue MATB.
6. Buyers men board and conduct Q/Q.7. On successful Q/Q report, buyer releases $1m for documentation & logistics and place MT103 for full payment.
The above is not a concluded procedure, process is open to negotiation as may be convenient to both parties.
We are able to supply large volume.
Thank you for your business.
For immediate delivery:
Product: BLCO
Origin: Nigeria
Quantity: 2M Barrels
ATS: Caltech Trading Corporation
Price: Brent Minus $6 Net includes $0.50 commission for buyers intermediaries
Port: Rotterdam
Payment: DIP&PAY with SBLC as Payment Guruntee or POF
Terms: SPOT than 12 months contract
Closing: 20 days maximum
Buyers must have a verified shipping agent at Rotterdam
JET A1 Quantity: 2,000,000 BBL - Trial ULSD/EN590 Quantity: 200,000 Metric tons - Trial : Origin: Non-Sanctioned Specification: International Standards: Delivery: FOB Houston, Rotterdam, Fujairah, Singapore Tank to Tank Injection Inspection: Sellers Fresh SGS < 48 hours old: Settlement Currency: United States Dollar (USD) Only Payment: MT103 Swift / TT (Rolling SBLC on request): Procedures: 1) SCO, NCNDA, ICPO, CIS, TSA, POF 2) CI PROOF OF STORAGE NOR/TTTIA 3) POP, PAYMENT, INJECTION: If suitable proof of funds is not made available a non-refundable deposit will be required as security against non-performance by Buyer and pro-forma payments will be required.
