| PRODUCT & SERVICES | OPERATIONS PROCEDURES | ABOUT US |
|---|
CRUDE OIL
SPECIFICATION |
: | CRUDE OIL |
QUALITY CERTIFICATE REBCO URALS CRUDE OIL. |
| NO | ITEM | NORM | ACTUAL |
|---|---|---|---|
1 |
DENSITY AT 20 C KG/M CUB. |
851-885 |
856.1 |
2 |
WATER CONTENT , % NO MORE |
0.5 |
0.12 |
3 |
SALT CONTENT , MG/L,NOT MORE |
100 |
44 |
4 |
SEDIMENTS , % , NOT MORE |
0.05 |
0.0048 |
5 |
SULFURE CONTENT,% |
0.61-1.80 |
1.23 |
6 |
SATURATED STEAM PRESSURE, ka,NOT MORE |
66.7 |
44.3 |
DRAFT OF BUYER'S LOI LETTER
DEAR |
: | |
WITH THE REGARD TO OUR PLEASANT TELEPHONE CONVERSIATION PLEASE NOTE OUR SOFT OFFER FOR THE REBCO AS BEFORE :
|
||
PRODUCT |
: | RUSSIAN EXPORT BLEND CRUDE OIL
|
COMMODITY |
: | CRUDE OIL
|
ORIGIN |
: | RUSSIA
|
QUANTITY |
: | UP TO 30,000.000 BARRELS PER MONTH FOR 12 MONTH + ROLLS & EXTENSIONS
|
DELIVERY |
: | CIF buyer's OPTION'S
|
PRICE |
: | THREE DAYS AVERAGE MED SEA PLATTS _C IF
|
DISCOUNT |
: | GROSS USD TBI , NET TBI USD PER BARREL
|
COMMISION |
: | DIVIDED 50/50 BETWEEN BUYER / SELLER SIDE , SELLER SIDE CLOSE
|
DELIVERY |
: | 30-45 DAYS AFTER LC ACCEPTANCE
|
PACKING |
: | BULK
|
INSPECTION |
: | SGS / SAY BOLT OR EQUIVALENT AT THE PORT OF LOADING ON SELLER'S ACCOUNT.
|
GUARANTEE |
: | % 2 PB PERFORMANCE BOND
|
PAYMENT MODE |
: | SBLC MEDIUM TERM BANK NOTE SECURED BY THE COMMERZ BANK |
THE PAYMENT FROM IS USED TO SECURE THE PURCHASE OF THE ALLOCATION AND MEDIUM TERM BANK NOTES ARE PURCHASED WITH THE SBLC MONEY AND KEPT IN SECUREBY COMMERZ BANK . IF THE SELLER DOES NOT PERFORM THEN THE NOTES ARE SOLD BY THE BANK AND THE MONEY + PBG PLUS THE INTEREST FROM THE NOTES ARE PAID TO THE BUYER IN RETURN, SO THE BUYER HAS NOTHING TO LOSE . THE PAYMENT IS 3 MONTHS SBLC FOLLOWED BY THE MONTHLY SBLC . |
FINISH PRODUCT SPECIFICATION
| ANNEX A | CRUDE OIL | FUEL JET | GASOIL D-2 | LIQUFIED PETROLEUM |
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Last updated on March 26, 2008 |