Buyer has immediate need for D2 and JP54 (Offer to Buy)
Trade Lead Description:
D2 3 mil MT X 12 priced @ $500/MT
D2 2 mil MT X 12 priced @ $480/MT
JP54 3 mil BBLS to 5 mil BBLS x 12 prices @ $61/bbl
PROCEDURES: 1. Buyer accepts Soft Offer & issue ICPO with Seller Procedure
2. Seller issues FCO to Buyer
3. Buyer signs & returns FCO with a letter of acceptance to seller.
4. Seller approves & issues draft contract to Buyer, which is open for amendments.
5. Buyer return signed contract to Seller
6. Seller issues Refinery POP (Partial POP) via seller bank to Buyer bank via secure fax with Email copy to Buyer
7.Buyer verifies Partial POP, Buyers bank issues POF in form of BCL, MT999, Non Operative RDLC or MT 103/23 for liftable amount.
8. Seller responds with Full POP to include DTA, Tank Receipt & SGS Rprt
9. Seller Bank replies with 2% PB to Buyer, which if used will activate the RDLC
10. Buyer verifies full POP
11. The SGS inspection will be borne by Seller at loading port & Buyer at unloading port
12. Lifting commences
Type of Offer: |
Offer to Buy |
Quantity: |
Not Specified |
Packaging: |
Not Specified |
Price / Incoterms Conditions: |
Not Specified |
Posted from US - MaryLand on 22 November, 2015
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Contact Information |
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Company Details |
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