FELTON GLOBAL TRADE
Regard Henry Felton
Please study this sof quotation and reply to me
ASAP
HSD (High Speed
Diesel) 1.000,000 MTS x 12 months
Discount:
FIXED PRICE USD $310.00 Gross USD $300.00 Net CIF ASWP.
HSD2: FIXED PRICING
Gross/Net . 500K MT per month: 350/340
1MIL MT per month: 320/300 - PLATT: Discount
28/24 per MT
7. RUSSIAN
ORIGIN GASOIL L-0.02-62 (GOST 305-82) 1,000,000 Mts x 60 months
- Discount: USD 11.00 Gross USD $8.
9. JET FUEL 54 - 50
million bbls x 12 months. Discount: $0.055 ( 5.5
cents) gross and $0.05 (5 cents) net if payment JP-54 AT FIXED PRICE OF
59
- 57 USD/BBL.
10. REBCO Russian Export Blend Crude Oil
15,000,000 million bbls x 12
months. Discount:
$2.25 gross and $2.00 net. CIF.
11. SLCO SAUDI LIGHT CRUDE OIL (SLCO) API 33-34
$310 USD
12. BLCO Bonny
Light Crude oil Fixed Price at USD 6.00 GROSS & USD 4.00
NET
13. ILCO IRAQ LIGHT CRUDE $4 $3per bbl
14. Fuel oil CST180
PROCEDURES
Procedure shall be in accordance with the
chronological procedure and rules
promulgated by
the International Chamber of Commerce (ICC), Russia
Federation for the sale and purchase of crude
oil and petroleum products.
Buyer sends an "Irrevocable Corporate Purchase
Order (ICPO) with full
banking information and
not-sanitized contact information" addressed to
Seller.
2. The Seller
through Seller's Mandate or directly sends FCO by e-mail with
appropriate authorized Signature and Seal.
The Buyer returns signed
and sealed FCO with acknowledgement to the Seller
by e- mail.
The Seller sends contract to the Buyer. The
Buyer executes Contract with
authorized
Signature and Seal, "high-lighting" any desired changes, and
e-mails back to Seller with the Buyer's L/C
banking information.
5.
CONTRACT -If our quote is acceptable to you the next step is to
request a contract,
When, we have received your signed contract, we
will telephone or write you
to ensure that the
contract is signed by an authorized signatory, that you
still wish to proceed and to ask you several
basic credit questions.
Under Seller's acceptance, the Buyer pays his Transneft fees calculated
accordingly to the seller's bank account
provided and forward the receipt to
the seller's
e-mail.
7. Seller will then send through a
confirmation file to Xoserve so they
can notify
your transporter that we
would like to supply your company.
The Seller gets verification and authentication
about the Buyer's Transneft
fee payments from
seller's bank and the seller instantly pay Transneft
locally according to agreement and endorse POP
and allocation documents for
the buyer and sends
to buyer address by courier services.
Not later than 48 hours from the date of signed
contract, Seller's Bank
forwards Proof of
Product (POP).
Not later
than 48 hours from verification of POP, the buyer shall issue
non-operative Letter of Credit in favour of the
Seller's bank account valid
for 13 months. The
Buyer's Bank should be a top 25 World Bank.
Not later than three (3) international banking
days, Seller issues operative
Performance Bond
for amount of 2.0% of one month shipment value to Buyer's
Bank valid for 13 months.
From the date of
operative Performance Bond 2% receipt in Buyer's Bank, the
Letter of Credit shall be activated
automatically.
Upon
completion of all verifications, Seller starts first shipment with AK.
Transneft ( Official Transporters ).
P.S. Seller never follow
up Buyer's procedures and don't compromise the
procedures for Buyer.
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