Description
MAZUT M**0 GOST - *******5/ MAZUT M**0 GOST********9
QUANTITY: MINIMUM *0,**0MT/MAXIMUM **0,**0MT MONTHLY
FOB PRICES: GROSS US $**0 / NET US $**0
LIFTABLE QUANTITY: **0,**0 MT
LOADING PORT: NOVOROSSIYSK/VLADIVOSTOK
WITH POSSIBLE ROLL & EXTENTION MONTHLY CONTRACT X *2 MONTHS
1) Buyer issue ICPO to Seller with full banking details.
2) Seller issue Draft Contract, CI, product passport, commitment to
supply, product availability in storage reservoir, Refinery\'s
Export License and Refinery\'s Certificate of Registration to Buyer
and Buyer sign back the Draft Contract and CI and return to Seller
for final endorsement. NCNDA & IMFPA will be signed and
endorsed for the protection to all intermediaries and all involved
in the transaction.
3) Buyer provides his TSA/TSR and PORT CLEARANCE from tank farm
facilitator for Sellers verification
with the tank farm to enable seller transport the product from the
refinery\'s reservoir storage tank and inject the product into
buyers tank.
4) Seller furnish the buyer with Fresh SGS report (SGS), Dip Test
Authorization (DTA) and Product Injection Report (PIR) to conduct
the dip test.
5) Buyer conduct dip test of the product and upon successful dip
test, Buyer make payment by MT**3 or TT wire transfer for the total
product available. Seller transfers the Title of Ownership to Buyer
and all other export/shipping documents. Seller pays the commission
to all intermediaries involved within ****8 hrs after Seller
received payment as per signed and endorsed IMFPA.
6) Lifting commence and Seller assist Buyer in loading the product
to Buyers vessel.
7) Subsequent monthly deliveries/shipment will commence according
to the terms and conditions of the
contract.
Yours Sincerely
