SNT-ITC

Company Description

Sirs, FOR IMMEDIATE EXECUTION, SNT-ITC LOOK : PRODUCT: DIESEL D2 ORIGIN: RUSSIAN FEDERATION, TOTAL QUANTITY: 1.000.000/METRIC TONES PER MONTH X 12 MONTHS LIFTABLE: 10 % BLS INMEDIATELY CONTRACT DURATION: CONTRACT DEAL CIF ASWP. TARGET PRICE: USD$ 390 NET / USD$ 410 GROSS PAYMENT: MT 103/23 INSPECTION: By SGS inspection or equivalent at the loading. COMMISIONS 50% SELLER SIDE / 50% BUYER SIDE PRODUCT: AVIATION KEROSENE JET FUEL JP 54 ORIGIN: RUSSIAN FEDERATION, TOTAL QUANTITY: 5.000.000/BARRELS PER MONTH X 12 MONTHS LIFTABLE: 10 % BLS INMEDIATELY CONTRACT DURATION: CONTRACT DEAL CIF ASWP. TARGET PRICE: USD 39 $ NET / USD 44 $ GROSS PAYMENT: MT 103/23 INSPECTION: By SGS inspection or equivalent at the loading. COMMISIONS: 3.00 $ SELLER SIDE / 3.00 $ BUYER�SIDE PROCEDURE: AFTER SCO THAT WE WAIT FROM YOUR PART 1). BUYER ISSUE ICPO/NCNDA/ IMFPA. 2). SELLER ISSUE FCO TO BUYER, BUYER SIGN/SEAL FCO RETURN TO SELLER INCLUDING THE FOLLOWING DOCUMENTS (i) ACCEPTANCE LETTER. (ii) BUYER�S CORPORATE LICENSE (iii) COMPANY PROFILE (iv) SCANNED COPY OF BUYER�S INTERNATIONAL PASSPORT. 3). UNDER SELLER ACCEPTANCE OF THE SIGNATORY AND INITIAL ON THE RETURN FCO, SELLER ISSUE SPA DRAFT OPEN FOR AMENDMENTS TO BUYER. 4). BUYER RETURN DRAFT CONTRACT TO SELLER WITH AMENDMENTS IF ANY, SIGNED AND SEALED, SELLER SIGNED/SEALED THE NCNDA/IMFPA AND RETURN TO BUYER. 5). SELLER LEGAL DEPARTMENT WILL PAY FOR NOTARIZATION AND STAMP DUTIES AND REGISTRATION OF THE CONTRACT WITH THE RUSSIAN MINISTRIES ((SELLER WILL PAY ALL FEES) 6). BUYER�S BANK ISSUE BY SWIFT MT 799 TO SELLER�S BANK FOR CONFIRMATION OF BUYER�S FUNDS AVIALABILITY. 7) SELLER RETURNS TO BUYER WITH SGS REPORT WITHIN LESS THAN 72 HOURS, TANK RECEIPTS AND DIP TEST AUTORIZATION FOR LIFATBLE QUANTITY AFTER THE SECURING OF STORAGE TANK FACILITY. 8). BUYER VERIFIES THE FUEL AT THE LOADING PORT AND OPEN PAYMENTS INSTRUMENTS AS FOLLOWS: - MT 103-23 FOR THE LIFTABLE QUANTITY AND TOGETHER WITH SBLC/BG FOR REMAINING QUANITY IN DRAFT. 9). SELLER VERIFIES PAYMENT INSTRUMENT AND SEND POP TO BUYER�S BANK. 10). SHIPMENT COMMENCES, PAYMENTS AND COMMISSIONS TO BOTH SELLER SIDE AND BUYER SIDE, AND DEAL CLOSED. Pop documents shall include the documents as stated below. a. Copy of license to export, issued by the ministry of Energy. b. Copy of approval to export, issued by the ministry of justice. c. Copy of statement of availability of the product. d. Copy of the refinery commitment to produce the product. e. Copy of Transnet contract to transport the Product to the Port. f. Copy of the Port Storage agreement. Best regards Raymond AOUAT International Consultant *****