D2 oil

La description

Supply of D2 (*0k mt x *2 months at **5 USD/mt)
D2 Gas Oil: ****0 mt per month liftable at a price fob US$2.*0 per gallon.
US$**5.*0 per MT

Please send LOI with banking coordinates and ICPO first to move forward.

PROCEDURE OF TRANSACTION
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1. Buyer confirm soft offer and issue ICPO with full banking and

Company details address to (SELLER Company)

2. SELLER Company issues FCO to the Buyer Company. Buyer signs and returns FCO.

3. SELLER Company issues draft contract to Buyer which is open for amendments, Buyer sign and return to seller.

4. SELLER Company issue soft proof of product (POP) for buyer verification.

5. Buyer’s bank issues irrevocable transferable documentary letter of credit L/C to seller’s Company Bank

6. SELLER Company bank issues Full POP via seller’s bank to Buyer’s bank.

7. Seller bank post 2% Performance Bond to buyer bank and the assignee names by means of prime *5 first world ranking banks guarantee Model ICC **8 acceptable in written by Buyer and if SELLER Company fail to supply the cargo of the product this 2% will be paid to buyer.

8. The SGS inspection will be borne by SELLER Company at the loading port and Buyer at the unloading port.

1、收購意向書 (Letter of Intent – LOI)。

2、*5大國際銀行開的資金証明函 (Bank Comfort Letter – BCL)。

Luisa