Description

RUSSIA MAZUT M**0 FAST TRACK DEAL:

We have one slot of allocation for Mazut M**0 Gost *5 up for grab.

Requirement for Fast track Deals:
1) Single buyer must Purchase mazut m**0 Gost *5 for **0 **0 Mt
2) Price offer per MT USD **0 CIF Qingdao, China.
3) Contract validity - *2 months with extension
4) Complete Document such as LOI, ICPO and latest BCL
5) No upfront or advanced payment is required.

How does this fast Track deal works:
1) The mazut m**0 stock is currently available at Qingdao, China
2) in *1 days, Buyer can received the Oil upon all agreement completed
3) Buyer must submit complete 3 document for approval.
4) All POP and other relevant document will be shown upon signing an agreement.

Procedure:
1.Buyer issues ICPO/LOI together with BCL to Seller. The LOI/ICPO must contain buyer’s bankcoordinate and permission for a Soft Probe on Buyer’s bank by Seller.
2.Seller issues FCO to Buyer if the condition of buyer’s ICPO/LOI is accepted by seller.
3.Seller issues draft (CONTRACT) of SPA to Buyer for review and to make necessary
amendments if necessary. When the Contract is accepted by both parties, Buyer and
Seller will sign and seal the final Contract. The electronic signatures shall be deemed
valid and enforceable.
4.Seller registers the signed final contract with the Russian Ministry of Energy and SWIFT registered
copies to buyer’s bank, the registered copies shall be considered as the Original, Hard-Copies and
Final Contract.
5.Buyer’s bank will swift Pre-Advice of Financial Instrument (Draft of L/C) to Seller’s bank, upon the
confirmation of the Pre-Advice of Financial Instrument (Draft of L/C) by Seller’s bank, Seller’s Bank will
respond by issuing full Proof of Product ( POP) and 2% Performance Bond Guarantee to Buyer’s bank
should the seller fail to supply the cargo of the product, this 2% will be paid to buyer and
intermediaries as compensation.
6.Buyer’s bank will issue the operative payment instrument to Seller’s bank after buyer has confirmed the
POP.
7.Shipment will start according to conditions of the contract and according to agreed
shipment schedule.
8.Each party hereto will bear its respective banking costs / charges.

For further enquiry please email * *@********************trong>