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Mazut 100 GOST 1058575

FOB Price

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- Minimum Order

Country:

USA

Model No:

FOB Price:

(Negotiable) Get Latest Price

Place of Origin:

Price for Minimum Order:

Minimum Order Quantity:

Packaging Detail:

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K & S Financial Group, Inc.

USA

Free Member

Contact Person Mr. kingsley

402 E South Boulevard, Montgomery, Alabama

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Product Specification

Product Description

ORIGIN: Russia
QUANTITY: 2,**0,**0
TERMS: CIF, FOB

PROCEDURE:

1.Buyer agree to sellers procedures and issue ICPO with a letter of acceptance from buyer's bank stating their readiness to issue POF via MT**9 & to follow all terms.

2. Seller issues Draft contract negotiated and electronic format contracts signed and then Hard Contracts will be signed and exchanged if requested. Buyer shall sign contract and return with a notarized letter of acceptance stating to issue POF, also NOTE: Signed contract shall also be notarized by buyers countrys public Notary and Ministry of Justice in Buyers country.

3. Upon receipt of draft Contract, Seller shall give 3 working days to buyer to issue POF (PROOF OF FUNDS) Pre-Advice Bank Guarantee (BG) or MT**9, in an agreed format covering the cost of one (1) month spot shipments to Sellers Bank in favor of the title owner of the product (refinerys) subsidiary company, who is the title owner of the product (Mazut M**0 ) This will give the seller comfort before seller bear charges for notarized and endorsed contract by various ministries in charge (POF) confirming the Buyers Financial ability to perform as refinerys act as sellers on behalf of the title owner. Due to the fact that refineries that refines product in Russia federation do not export in their name.

4. Seller issues a non-operative 2% Performance Bond in favor of Buyer and partial POP to buyers bank.

Partial POP to include the following:
a. Mutual Agreement Document.
b. Letter of Affirmation from the Ministry of Justice.
c. Corporate Guarantee/Addendum.
d. Attestation of Allocation from the Ministry of Energy.
e. Certificate of Origin issued and endorsed by Government.

5. Buyer within 3 banking days issues irrevocable, non-transferable, indivisible SBLC, DLC, **0% cash backed payment to activate Sellers 2% PB for the 1st month shipment.

6. Within 3 banking days upon receipt of all shipping documents for the first shipment and before arrival at discharge port, Buyer will issue another DLC for the second shipment and so on for every month shipment, circulating issue DLC to cover the full contract period.

7. **0% payment within 3 days upon the issue of a CIQ/SGS certificate at discharge port, via TT If the CIQ certificate is not issued within 3 Banking Days from arrival of the vessel.
The seller has the right to draw down from the Banks L/C against the SGS report at loading.

8. Sellers Bank Swift to Buyers Bank the Full POP upon Receipt of Buyers Letter of Credit and Dip Test & SGS Report at Loading.

9. Lifting commence as schedule in contract.

PAYMENT TERMS:
Payment Term Acceptable: Irrevocable/Revocable /Non Transferable Documentary Letter Of Credit, MT**3/ and Stand by Letter Of Credit (SBLC)./TT.
Proof of Product: Seller issue via swift below Full POP Documents to end buyer after signed hard copies contract and POF

1. Copy license to export, issued by the department of the ministry of energy.
2. Copy of approval to export, issued by department of the ministry of justice.
3. Copy of availability of product
4. Copy of the refinery commitment to produce the product.
5. Copy of Transnet contract to transport the product to port of loading.
6. Copy of the port storage agreement.
7. Copy of charter party agreements to transport the product to discharge Port.
8. Bill Of Lading
9. Copy of tank receipt.
*0. Registered contract and allocation passport certificate issued by ministry of energy.

Country:	USA
Model No:	-
FOB Price:	(Negotiable) Get Latest Price
Place of Origin:	-
Price for Minimum Order:	-
Minimum Order Quantity:	-
Packaging Detail:	-
Delivery Time:	-
Supplying Ability:	-
Payment Type:	-
Product Group :	-