BUYER WILL SIGN DIRECTLY WITH REFINERY
PETROLEUM PRODUCTS RUSSIAN ORIGIN
Seller is a refinery and title holder
Refinery prices, exclusive the commissions
FIXED PRICES NET TO REFINERY:
JP54 $75per barrel-FOB Rotterdam; (1M to 5M X 12) per month
D2 $780 per MT-FOB Rotterdam; (500K MT to 2M X 12) per month
Mazut100 $450 per MT CIF Delivery Port (300K MT to 1M) per month
REFINERY PROCEDURES
-1. Buyer sends ICPO / NCND Sign & Seal address to: Refinery Agent
-2. Refinery sends SCO for confirmation
-3. Buyer confirm SCO by Sign and Seal
-4. Seller sends FULL Contract for final signature and Legalization
-5. Buyer opens Bank-instrument (SBLC or LC NON Operative) to Refinery-Bank
Bank-Instrument,
-6. After Refinery verify and confirm Bank-instrument, the Refinery shall send in 24
hours the Partial POP (inclusive TDS, SGS & Dip test), to Buyer.
-7. Buyer Issue MT 103,
- 8. The Refinery, start immediately delivery of the Product FOB Rotterdam
Monday, September 12, 2011
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