ESPO CRUDE OIL Min. Quantity: 2,000,000 Barrel Max. Quantity: 5,000,000 Barrel per Month CIF/FOB Price: USD 63/BBL. CIF ASWP APPROVED STANDARD BANKING WORKING PROCEDURES (1) 1. Buyer confirms SCO and issues an official ICPO inserting seller's terms and procedures. 2. Seller issues FCO for buyer's signing, buyer returns signed FCO and a letter of acceptance procedures. Seller issues draft contract/SPA which is open for amendments. 3. Buyer returns the signed draft contract with NCNDA/IMFPA and a letter of guarantee to perform. Seller submits the signed SPA for registration and legalization with the appropriate authorities. 4.Seller sends the below listed partial pop documents to buyer via government secured courier service or mail, on buyer choice. a. Statement of availability of product b. commitment to supply the product c. certificate of origin d. Product Passport e. Proforma Invoice 5. Buyer within 5 to 6 banking days issues SBLC swift MT760 according to Seller's fiduciary bank verbiage to seller nominated fiduciary offshore bank account for first month shipment, and whereby buyer fail to issue payment instrument within 7 banking days, buyer will make cash deposit of $480,000 by TT wire transfer for allocation and security guarantee to enable seller charter vessel and commence shipment, and this payment shall be deducted from the total cost of product after inspection at discharge port. 6. Seller bank issues the full set of proof of product (pop) and shipping documents with 2%pb (performance bond) to buyer's bank. QQ Certificate & Product passport docs, all will be issued on time. 7. Shipment commences immediately as scheduled in the contract. 8. Buyer pays for the total product value via TT/MT103 to the seller's bank after successful SGS/CIQ inspection at discharge port and title of product ownership transferred to buyer. 9. Seller pays all intermediaries involved in transaction as per signed NCNDA/IMFPA within 72 hours.
Quality Specification: 1. Density at 15oC kg/L ASTM D4052 : 0.88 2. Color ASTM D1500 : 1.50 3. Cetane index ASTM D4737 : 39-44 4. Cabon MCRT wt% ASTM D4530 : 0 5. Pour Point OC ASTM D97 : 65 7. Distillation ASTM D86 : 180-380 Initial boiling point ASTMD86 : 190 50% OC ASTM D86 : 270 90% OC ASTM D86 : 340 95% OC ASTM D86 : 350 End point OC ASTM D86 : 370 8. Sulphur Mass % ASTM D4294 Min: 50,000MT Max: 500,000MT Quantity: 50,000 MT per Monthly x 12 months Payment : DLC MT700 / SBLC MT760 within 7 banking days and 2%PB Origin: Russian / Non-Russian CIF Price: $210.00 Gross / $200.00 Net FOB Price: $190.00 Gross / $180.00 Net Commission: $5.00 buyer side / MT Expire date: 31/12/2023
Quality Specification: 1. Density at 15oC kg/L ASTM D4052 : 0.88 2. Color ASTM D1500 : 1.50 3. Cetane index ASTM D4737 : 39-44 4. Cabon MCRT wt% ASTM D4530 : 0 5. Pour Point OC ASTM D97 : 65 7. Distillation ASTM D86 : 180-380 Initial boiling point ASTMD86 : 190 50% OC ASTM D86 : 270 90% OC ASTM D86 : 340 95% OC ASTM D86 : 350 End point OC ASTM D86 : 370 8. Sulphur Mass % ASTM D4294 Trial : 50,000MT MOQ : 200,000MT Quantity : 200,000 MT per Monthly Payment : DLC / SBLC with 2%PB
Quality Specification: 1. Density at 15oC kg/L ASTM D4052 : 0.88 2. Color ASTM D1500 : 1.50 3. Cetane index ASTM D4737 : 39-44 4. Cabon MCRT wt% ASTM D4530 : 0 5. Pour Point OC ASTM D97 : 65 7. Distillation ASTM D86 : 180-380 Initial boiling point ASTMD86 : 190 50% OC ASTM D86 : 270 90% OC ASTM D86 : 340 95% OC ASTM D86 : 350 End point OC ASTM D86 : 370 8. Sulphur Mass % ASTM D4294 Payment : DLC / SBLC with +2% PB
ESPO CRUDE OIL ORIGIN: KAZAKHSTAN Min. Quantity: 2,000,000 Barrel Max. Quantity: 5,000,000 Barrel per Month CIF Price: USD 95/Bbl. Gross USD 93 /Bbl. Net FOB Price: USD 88/Bbl. Gross USD 86/Bbl. Net Commission: USD 1Buyer side - USD 1 Seller side
Motor gasoline( a 92,a 80), mazut, en590, d2, d6, jet fuel a1, lpg, lng, lco, crude oil, bitumen, petcoke, urea n 46%.
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