 BLEND CRUDE GOST 51 858-2002 (Offer to Sell)
Trade Lead Description:
Minimum Quantity: 50,000 Barrels
per Month
Maximum Quantity: 1,000,000
Barrels per Month
Procedures
1. Buyer sends ICPO to seller
2. Seller send FCO and Draft
Contract to buyer
3. Buyer and Seller signs NCNDA
and IMFPA
4. Upon acceptance of draft
contract, Buyer and Seller
execute the contract
5. Seller and Buyer Finalized
Shipment Schedules with the
Shipping Company.
6. Seller’s Bank SWIFT the
registered hard copies contract
and the Full POP to
Buyer’s Bank.
7. Buyer’s bank issue 100%
irrevocable, revolving SBLC or
MT103/23 for
each cargo shipment of monthly
delivery activated 2%PB.
8. Shipment commence as per
contract.
9. Buyer releases payment to the
Seller and all Brokers/Agents
same
time out-turn shipment delivery
per slot via SWIFT fund transfer
within five (05) banking days
after discharge of cargo and
receipt of
all the relevant shipping
documents.
| Type of Offer: |
Offer to Sell |
| Quantity: |
Not Specified |
| Packaging: |
Not Specified |
| Price / Incoterms Conditions: |
Gross $ 41.00 USD / $ 37.00 USD NET on C&F or CIF / ASWP |
Posted from Turkey - Istanbul on 11 November, 2015
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