Detailed Product Description

BUY SIDE COMMISSION IS FULLY OPEN

PRODUCT:                              DIESEL FUEL L 0.2 62, GOST 305 82   RUSSIAN GASOIL D2 

SPECIFICATIONS:                  AS PER ATTACHED 

QUANTITIY:                             Min order 100,000MT x12 months

ORIGIN:                                    RUSSIA 

PERIOD:                                   CONTRACT 

DELIVERY TERMS:        

PRICE D2

HSD2/MGO Russia (cetane Index 45)

Russian Gas Oil  Gost 305-82 
 
 Fixed amount of discount to Platt's price of D2(when the platt price of D2 is above USD500)

FOB Rotterdam USD365perMT /USD355perMT with Platts limit USD500per MT
FOB Rotterdam USD465perMT/USD455perMT with Plaitts limit USD600per MT
 
CIF Rotterdam USD375perMT /USD365perMT with Platts limit USD500per MT
CIF Rotterdam USD475perMT/USD465perMT  with Platts limit USD600per MT
 
CIF China/Houston/ USD415perMT/USD405perMT with Platts limit USD500per MT
CIF China/Houston  USD515perMT/USD505perMT with Platts limit USD600 per MT 

Buy side commission is USD5dollars,Sell side commission is USD5dollars
 
Note :
 base on One(1) Month Irrevocable ,Transferable, Unconditional and Assignable Guarantee from   Top 50 Prime World Bank.       
 and   monthly paymant by buyer  issue MT103/23 on TT payment base on the monthly shipments delivery.
        
If Non Transferable LC/BG is to be issued by buyer, must add USDxxperMT to the selling price 
 

INSPECTION:                           SGS OR SAYBOLT 

PROCEDURES:   

1. The Buyer provides ICPO with full banking coordinates.
2. Seller Issues FCO, Buyer sign the FCO on the acceptance of the terms and procedures.
3. Seller provides Draft Contract to Buyer, revise and confirm by initial. Seller and Buyer exchange the signed contract via electronic mail, which shall be deemed legally binding and enforceable. The contract will registered in Seller's and Buyer's banks within 2 Banking Days after signing.
4. The Buyer's Bank issue the BG/SBLC/TDLC ICC458 Text by swift MT799, within 7 to 10 International Banking Days.
5. The Seller provide part POP & Non-Operative 2% PB within 10 to 20 Banking Days from the confirmation and acceptance swift MT799 text.
6. Buyer's Bank issue and swift BG/SBLC/TDLC ICC458 by swift MT760 within 7 Banking Days.
7. Seller provides Full POP to the Buyer's Bank.

      POP shall consist of the following documents:

             Copy of License to export issued by the Russian Ministry of Energy.

             Copy of Approval to export issued by the Russian Ministry of Finance.

             Copy of Statement of Availability of the Product.

             Copy of Charter Party Agreement (s) to transport the product to discharge or Authority    number, name of loading port  and contract number.

7. Seller charter ships according to Charter Party agreement and shipments ETA.

8. Seller provides SGS report at Loading Port/ Tanker Receipts to the Buyer/ Buyers Bank. The buyer  issue MT103/23 on TT payment base on the shipments delivery.

9. First shipment delivery will be within 30 to 45 International Banking Days after acceptance Bank  Instrument Guarantee swift MT760.

10. Product is delivered as per Contract.

Thank you