Press Enter to search or select a section to narrow results

BUSINESS ,,SCO

BUSINESS ,,SCO

DAVID JOHNSON · Saturday, February 26th 2011 at 1:04AM · 387 views
SOFT CORPORATE OFFER
COMMODITY GAS OIL D2 L0.2-62 GOST 305-82
ORIGIN Russia
SPECIFICATION STANDARD D2 GOST 305-82
TOTAL CONTRACT Q’TY 400,000 MT per month x 12

Total 4,800,000 MT
DELIVERY SCHEDULE TBA
INCOTERM CIF HOUSTON
CONTRACT PRICE GULF PLATT- $30/$25
LIFTABLE 120,000 MT
PAYMENT MT103


PROCEDURES:

OPTION #1

1. Buyer issues LOI to ASCENSION INTERNAINAL/SOCIETY GENERAL & Company profile with Bank Officer Name and contact information.
2. The Bank Officer from SOCGEN will contact the Buyer's Bank Officer for POF (SWIFT MT799) and a written Notation, a Letter, stating that after receiving POP the buyer will issue the MT103/23
3. After the Seller receives the bank letter, the Seller issues POP to Buyer
4. Buyer verifies POP
5. Buyer issues MT 103and RDLC for the remaining quantity.
6. Delivery commences.

Share This Article

Comments (1)

DAVID JOHNSON Saturday, February 26th 2011 at 1:08AM

THIS MEANS THERE ARE 147 K READY TO BE SOLD ,,WE WILL PAY FOR THEM CASH AND THE REST WE WILL PAY FOR WITH A CREDIT LINE WE ARE BUYING 4,800,000 MT THE PRICE IS $30/$25 THAT OS A OPEC PLAT PRICE YOU WILL MAKE 25 K PER 3 MTS FOR A YEAR !

Post a Comment

Please log in to post comments.