JP54 AND D2 TITLE HOLDERS!CONTRACTS ONLY PLEASE!!

Description

SOFT OFFER JP*4 VOLUME: 2M, 5M X *2 MONTHS PERIOD: *2 MONTHS PRICE: 5MBRLS TO *0MBRLS IS *9/*6 NET PER BBL CIF/ FOB AVAILABLE ALSO!/1 TO 4.9MBLS PRICE IS *1/*8 NET PER BBL CIF/ FOB AVAILABLE COMMISION: $2 DLS OPEN BUYER SIDE. SOFT OFFER D2 SPECT: GHOST *****2 LO D2 VOLUME MINIMUM: **0, **0 METRIC TONS MAXIMUM: 3M METRIC TONS PRICE: **0 NET **0 GROSS PER METRIC TON COMM: $5 U.S DLS OPEN BUYER SIDE. PROCEDURES TO BE ON ICPO: 1. Buyer submits ICPO with banking coordinates from top *0 world banks plus NCNDA and IMFPA. 2. Seller Issues to buyer Sales and Purchase Agreement (SPA) draft for buyers initials, Signatures and seal and send it back to seller. Seller buyer exchange hard Copies of contract which will be signed and sealed by buyer and seller signs, seals and return 3 sets to buyer to lodge with buyer bank for banking norms (Seller retain 3 sets). 3. Buyer arranges MT**9 (POF) through swift to seller bank and seller Bank initiate MT **9 Swift on 2% PB AND RWA availability OF POP. 4. Buyer’s bank issues SBLC & Seller Bank releases 2% PB and Full POP to activate SBLC 5. Seller signs and notarizes the SPA, and issues the IMFPA notarized & endorsed by the seller bank 6. Schedule of Shipment/ Delivery confirmed. 7. Payment **0% at sight, plus commission disbursed by the Seller direct to the Paymaster in the IMFPA. SBLC:- Please advise buyer to get suggestion from buyers bank on the SBLC. what seller require is a SBLC and he is accepting conditional SBLC which restrict seller cannot en cash and seller can use the SBLC for the sale of material. Hence, let buyer make appropriate changes in the payment and Banking instructions which i sent to you to take up with seller. Hope you understand. Once again I repeat Conditional SBLC Example:- If you buy-PRICE *9$/B/CROSS- *0 million barrels/month x*2 month contract: 7.1 At the commencement of the Contract, and prior to the commencement of each subsequent year of this Contract, the Buyer shall establish Unconditional Irrevocable Standby Letters of Credit (SBLC’s), being for the first Twelve (*2) months contract, to be US$2, **0, **0, **0 (Two Billion Three Hundred Sixty Million United States Dollars), as per text contained in Annexure “4” (Buyer will establish Four (4) SBLC’s each with a face value of US$**0, **0, **0 [Five Hundred Ninety Million United States Dollars] for a total Contractual requirement per this Clause of $2, **0, **0, **0 [Two Billion Three Hundred Sixty Million United States Dollars Explanation:- ***** month SBLC value (US$2, **0, **0, **0)/4= US$**0, **0, **0 (4SBLC) ***** *2 month.(Seller not request *2 month SBLC) Every month buyer activate SBLC to delivery product CIF basis and retain 2 month sblc will active in *1 & *2 month of the contract steps:- 1.buyer**-ICPO+NCNDA+IMPFA 2.Seller issue DRAFT CONTRACT****-BUYER FILL IT 3.Buyer swift MT **9 ****- seller swift MT **9 with 2% PB aval