PRODUCT: BONNY LIGHT CRUDE
QUALITY :International export quality
DESTINATION (delivery port): CIF ASWP
QUANTITY: 2, 000,000 BARRELS PER MONTH x 12 MONTHS
DISCOUNT: $12GROSS/$6NET BASED ON EUROPEAN PLATT MARKETSCAN
•COST, INSURANCE AND FREIGHT (CIF) 1. Buyer sends to Seller their ICPO/LOI
2. Buyer and seller execute, sign and seal the agreement and exchange copies via facsimile or electronic mail. The electronically transmitted copy signed and sealed by both parties shall be considered legally binding and enforceable. Hard-copy instruments are not necessary, but can be at the buyer or seller’s request. 3. Seller gives POP proving the product exists and is ready to be sold. Buyer in turn issues in favour of seller an non-operrative, confirmable, transferable, divisable documentary letter of credit via MT700. 4. Sellers bank issues to buyer a 2% performance bond in favour of buyer to activate the buyers in-operative letter of credit. continues
ONLY DIRECT BUYERS
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Trade Leads Directory -> All Trade Leads -> Chemicals -> Petroleum Products: Crude Oil -> Bonny Light Crude Oil (Blco) Available Now For Sale.
