Dear Sir
If you have
buyer this product , please mail to me asap at via
E-mail:add:trannam792003@yahoo.com
Soft Full Corporate offer
We, =================.,
represented by Manager Director Mr. ------------------- as seller
arranger, acting with full corporate responsibility and under penalty of
perjury of law, do hereby confirm that we are Ready, Willing and able to
arrange contract for the following commodity under the following terms
and conditions.
Commodity: Saudi Light Crude
Oil.
Origin: Kingdom of Saudi Arabia.
Quantity: 100 million bbl monthly for 12 months
contract.
Delivery schedule: Minimum 25 million
bbl monthly till contracted quantity has been delivered.
Quality: Standard for export as per Annex A.
Price: Based on Dubai Platt oil market wire
published posted price.
DISCOUNT: Gross $12.00
net $9.00 with 3 months BG.
Commission: USD $
1.00 bbl for Seller's side, USD $1.00bbl buyer's side,
Delivery: FOB
Discharge
port: Name of the port and Country.
Shipment:
Minimum 2,700,000 bbl per shipment.
Payment: The
payment for each cargo shall be effected by means of an Irrevocable,
Revolving, Confirmed, Documentary Letter of Credit (L/C) to the value of
one month's shipments value confirmed by Top 25 World Prime Bank and
Revolving for entire Contract
Period. The Letter
of Credit shall be payable 100% "At Sight" against first Presentation of
the following documents (Originals & Copies) into the account of ARAMCO.
Delivery Guarantee: The delivery of the Product
is guaranteed by ARAMCO (FOB).
Inspection:
Society General de Surveillance (SGS) or equivalent surveillance Company
Certificates, at Sellers Option, verifying timely delivery,
Specifications, FOB Delivered quantities as per Agreement. The
inspection costs to be pay by Buyer. Tests (IP) for quality shall be
made according to the latest standard method (ASTM).
Procedures:
1. Seller
mandate issues this Full Corporate Offer (FCO).
2. Buyer accepts FCO, confirmed by signature and seal on the FCO, and at
the same time
replies with an Irrevocable
Corporate Purchase Order (ICPO) with full banking details,
Refinery details, ARAMCO Registration Number(s),
Letter of Authority to Represent the
Refinery to
ARAMCO and Arrange for Contract Allocation, Confirmation of Funds Letter
and Letter of Authority to Verify or BCL by
MT760/MT799 and signed IMPFA.
3. Seller issues
Draft contract for buyer's review.
4. Buyer
signs and seals and returns the signed contract to seller for signature.
5. After verification of above by seller, the
seller issues 6 hard copy originals and sends
to
buyer via DHL.
6. Buyer signs hard copies and
returns 3 copies via DHL or in Table Top Meeting (TTM).
7. Seller issues Non-Operative Performance Bond
according to agreed terms in the
contract,
within 5 banking days.
8. Seller sends Proof of
Product to buyer's Bank (Bank to bank), in the Form of Allocation
Numbers and details thereof from ARAMCO.
9. Buyer opens an irrevocable, transferable,
divisible and assignable revolving
Documentary
Letter of Credit (RDL/C) to the value of one months shipments by AA
rated
bank or higher, to activate the
Performance Bond.
10. Cargo delivery as per
contract.
Buyer's Information:
In Case Buyer is refinery:
ï‚· Refinery Name:
Kind regard
Nam Tran
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