FELTON GLOBAL TRADE
E-mail:feltonglobaltrade@msn.com
Regard Henry Felton
s rebco
The requirement
from the seller is an ICPO with full company details and banking details
along with their procedures.
The details of who
the ICPO and the procedures to Mr David, he need the price, destination
quantity also written in.
If this is not
supplied then they will not go forward with the contract.
They verify the company is a real buyer by
calling the bank before any FCO is sent.
Commodity Origin: Russian Export Brent Crude Oil
(REBCO)
Specification: Gost 9665-76
Quantity: 5 (five) Million Barrels per month x
12 months with rolls and extensions
Delivery: CIF ASWP according to INCOTERMS 2000
Edition.
Price: Gross US$114.00 (United States
Dollars one hundred and fourteen) and Net US$ 112.00 (United States
Dollars One hundred and twelve) per barrel fixed for the duration of
contract
Commission: US$2.00 per barrel divided
50/50 between Buyer’s/Seller’s Intermediary groups payable by buyer.
Delivery: Within 25
(twenty five) banking days after reception of acceptable and operative
RDLC.
Payment: Irrevocable, Transferable,
Revolving Documentary Letter of Credit payable 100% at Sight issued by a
Top 100 World Prime Bank.
Performance Bond: 2 %
Performance Bond issued by Seller, from a Top 100 World Class Prime Bank
Seller have Diesel Fuel (D2). Russia origin, crude Oil REBCO, Mazut,
Crude Oil Qatar origin too........ same procedure, without exeptions
QUANTITY of all the
PRODUCTS : 50.000MT to 200.000MT per months annual contracts
so, Acceptable procedure
is:
1. BUYER issues ICPO
with full bank co-ordinates ..... then a call conference with Seller in
Switzerland time will be fix
2) in the call
conference with the Seller.- ......Once buyer/seller they tested that
both are real.....
Prices will be agreed in the
call conference ...so, Seller and Buyer fix a price, quantity, etc.. and
they fix the day of meeting in Geneva Switzerland ...... TTM meeting in
Geneva Switzerland ......
Then the day of TTM in
Geneva "SELLER BANK"........ Upon inspection and testing, the product is
verified to Buyer's satisfaction POP, 2% PBond , payment, The buyer and
seller will agree the terms of the contract ...etc
Issue ICPO : PETROGAS
FAKHRY CO LTDA
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