COMMODITY: Diesel Gas Oil Gost 305-82
GRADE: Russian Export Blend
ORIGIN: Russian or CIS
DELIVERY: CIF ASWP – Please define exact location
QUANTITY: UP TO 2,500,000 Metric Tons
PRICE: $455 Gross $445 Net (at time of this document) COMMISSION: $5 to Seller’s side intermediaries; ( : $5 to Buyer’s side intermediaries
PAYMENT: Transferable or Non-Transferable, Revolving DLC 100% at sight
SHIPMENTS: Two Hundred Metric Tons Per Month
DURATION: One Year with possible rolls and extensions
P. B. : Mutually agreed upon 2%
POP: Provided bank to bank as per document list in contract
INSPECTION: By SGS or equivalent
PROCEDURE
1. Buyer issues LOI with The Readiness to Purchase Letter from a top bank. 2. After verification funds available Seller issues FCO. 3. Buyer signs and returns FCO. 4. Draft contract issued by Seller and any areas of interpretation needed are resolved by
Buyer & Seller. 5. Buyer issues/confirms the Pre-Advice from a top 25 World Bank. 6
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