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Trade Leads Directory -> All Trade Leads -> Chemicals -> Petroleum Products: Others -> D2 Offer (Or LPG/LNG, Jetfuel, Mazut)
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D2 Offer (Or LPG/LNG, Jetfuel, Mazut) (Offer to Sell)

BEPSCO (Bengal Energy And Petroleum Services Company): Trade Division
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Trade Lead Description:

PROCEDURES
1. BUYER sends ICPO to the SELLER.
2. SELLER sends FCO to the BUYER.
3. BUYER sign and return the FCO.
4. SELLER issues contract open for amendment.
5. BUYER sign and return the contract.
6. BUYER issues proof of fund Bank to Bank to SELLER.
7. SELLER upon confirmation issues to BUYER Partial Proof of Product (Refinery letter-verifiable, etc)
8. SELLER issues original contract for signatory, both parties exchange hard
copies via Courier within five days of signing electronic copy. Both parties
lodge contracts in banks.
9. Buyer’s bank will issue SBLC (Standby Letter of Credit) or BG (Bank Guarantee)
MT 760 to a designated account by the seller that will cover one-month or trial shipment.
10. SELLER issues 2% Performance Bond to activate buyer’s financial instrument.
11. Seller and Buyer finalize shipment schedules
12. SELLER shall issue Buyer's bank the proof of product (POP)
14. Shipment
15.Payment within 10days after discharge and SGS
Type of Offer: Offer to Sell
Quantity: 10,000-300,000/mnth
Packaging: Cif Aswp
Price / Incoterms Conditions: D2 455gross/445net

Posted from Bangladesh - Dhaka on 7 March, 2015
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Company Details
Company Name: BEPSCO (Bengal Energy And Petroleum Services Company): Trade Division
Contact Person: Rushed Haque
Location: Bangladesh - Dhaka
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Classification: Chemicals - Petroleum Products: Others
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