Dear Valery THIS OUR
FCO. BEST REGARDS DRAFT
FULL CORPORATE OFFER (FCO) WE , PetroLeum Oil
Co. , HEREBY CONFIRM THAT OUR SELLER IS READY, WILLING AND ABLE TO SELL
THE FOLLOWING COMMODITY AS PER THE SPECIFICATION AND IN THE QUANTITY AND
FOR THE PRICE SPECIFIED IN THE TERMS AND CONDITIONS AS STATED BELOW.
Commodity: Russian GASOIL D2 L.0,2 GOST 305-82
Country of Origin: Russia
Quantity: 500,000 MT to 5 mill. MT per month for
12 months +/- 5% tolerance Duration of Contract:
12 months plus possible rollovers and extensions to 60 months .
Minimum Shipping Lot: 500,000 MT +/- 5%
tolerance per ship – according to contract
Delivery Basis: CIF Any World Safe Port (AWSP)
Price : US$ 405 / $395 PER TM. Commissions: US$
5/ MT – Buyer’s Side Intermediaries / US$ 5 / MT – Seller’s Side -
CLOSED / Specifications: Russian Standard
Payment: Irrevocable, Confirmed,
Non-Transferable, Revolving Documentary Letter of Credit (RDLC) 100%
payable at sight by or confirmed by a top 50 prime world bank acceptable
by Seller’s bank, face value covering 1 (one) month delivery volume.
Commencement To the Maximum 40 working days of
receipt and confirmation of RDLC of Shipments
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