Gas Oil D2 Fuel Oil

Description features:

Place of Origin:
Russian Federation

Foiling Point:
D2



Brand Name:
RussNeft

Model No:
Gas Oil D2



Price Terms:
FOB CIF ASWP USD 410~420





Dear Sirs



We are directly working with RussNeft Company, the leading Oil and Gas Company in Russia for the product of GAS OIL D2



The following prices are basic prices and may change without any notice due to the changes in the world oil markets.



Quantity 100.000 to 950.000 MT. per month x 12 months USD$ 420,00 in CIF Basis



Over 1.000.000 MT. per month x 12 months USD$ 410,00 in CIF Basis



1. The payment instrument shall be by Non-Transferable, Non-Divisible RDLC



2. All incoterms are in CIF ASWP



3. Inspection SGS, CCIC or Similar by seller



4. Origin Russian Federation



We need Your ICPO (to the name of RUSSNEFT Company, Russia Federation) and BCL as well to send you FCO.



Procedures:



1. Buyer send ICPO and BCL with full banking information to the seller.



2. The Seller sends FCO to the buyer.



3. Buyer signs and returns the FCO.



4. The Seller sends The Selling Contract,



5. Upon acceptance of draft contract, Buyer and Seller executes the contract.



6. Buyer and Seller sign NCND and MFPA.



7. Buyer's and Seller's Banks communicate and agree on the final wording of DLC.



8. Seller's bank notifies the Buyer's bank that they are ready to issue non-operative 2% PB to the buyer's bank.



9. The 2% PB will be placed in buyers bank account Should the seller fail to supply the cargo of the product, this 2% will be paid to the buyer and Intermediaries accordingly as compensation.



10. Seller's bank issue non-operative 2% PB to the Buyer's bank.



11. Buyer's bank issue 100% irrevocable, transferable /Non-Transferable, revolving, DLC for each cargo shipment of monthly delivery activated 2% PB.



12. Seller's bank issue to buyers bank the proof of product (POP).



13. The SGS inspection charges will be borne by the seller.



14. Shipment commence as per contract.



15. Buyer releases payment to the Seller and all Brokers/Agents same time out-turn shipment delivered per slot via SWIFT fund transfer within 23 banking days after discharge of cargo and receipt of all the relevant shipping documents.