1. Commodity : Gas Oil (D2)
2. Origin : Russian Federation
3. Quality/ Specification: Gost-305-82 Hereto Attached
4. Quantity : Minimum of 200,000 MT per month
5. Delivery : CIF (Cost Freight Insurance)
6. Contract Period : 12 months with monthly delivery
7. Price : CIF – ($685 per MT)
8. Terms of Payment: By Irrevocable, transferrable, Assignable, divisible, letter of credit at sight and payment shall be released upon the certification of the SGS at the discharged port.
9. Inspection : By SGS or similar International company
10. Validity : Valid for 7 days only
11. Other terms And conditions : Will be stated in the Sales and Purchase Agreement
Russian Origin Diesel fuel (D2) GOST 305-82
TERMS, CONDITIONS & PROCEDURES FOR ANNUAL CONTRACTS (BG / SBDLC 3, 2 or 1 month)
PRODUCT: Diesel fuel (D2) L-0.2-62, GOST 305-82.
DISCOUNT:
*Gross $50.00 USD / *Net $40.00 USD per MT to the buyer, for Three (3) months of BG or SBDLC.
*Gross $35.00 USD / *Net $25.00 USD per MT to the buyer, for Two (2) months of BG or SBDLC.
*Gross $24.00 USD / *Net $20.00 USD per MT to the buyer, for One (1) month of BG or SBDLC.
COMMISSION:
$10.00 USD per MT (Buyer side $5.00 USD per MT, and Seller side $5.00 USD per MT Closed)
$10.00 USD per MT (Buyer side $5.00 USD per MT, and Seller side $5.00 USD per MT Closed)
$4.00 USD per MT (Buyer side $2.00 USD per MT, and Seller side $2.00 USD per MT Closed)
Specifications : ( Seller provides the Buyer Certificate Quality SGS on the Port Tank of Loading. )
Appearance : Visual / Clear & free from Water.
Total Sulphur : 129/1552 Max. 0.02
Density 15 ¦C : 1298 Min. 815 Max. 855
Flash Point : PM. 3828 Min. 140 ¦C
Corrosion 3 Hrs. 212 ¦F : 130 Max. 0.5
Color : 1500 Max. 2
Water and Sendiment : 2709 Max. 0.5
API Gravity : 1298 û 90 Min. 31 Max. 36.
No upfront fees or payments
Payment at the destination only
Max qty 500, 000 mt per month per customer - volume can be increased after first shipment to another 500, 000 mt
Required blocked/reserved funds letter to obtain pop on buyers name (2% pb is posted on the blocked funds letter itself). Once pop is provided buyer is expected to issue bg or sblc to protect the contract and then payment at the destination via rdlc.
