Monday, April 14, 2008

OIL PRODUCT

1. RUSSIAN D2 - Minimum requirement 100,000MT - Price USD500 per MT ( can nego ) - Payment term using BG/ SBLC/ TLC - Procedure : - LOI and BCL endorse by the Bank (from Top 25 World Bank) - stated that the buyer have fund to purchase the goods - Once no. 1 is settled, we will continue with the complete procedure... etc FCO...

2. PETRONAS D2 - FOB ( own transportation to collect ) - Price USD680 per MT - Payment term using TLC - Procedure : - Buyer provide LOI, BCL endorse by the bank (from top 25 World Bank) and Q88

3. OPL - 103 104 SINGAPORE - Price USD780 per MT - Minimum 2000MT base on MOP Price + vessel / 5000MT is USD780 per MT - Payment term using TLC - Procedure : - LOI and BCL as above

4. LOCAL - Price will be given at the time of the deal (current price as the price fluctuate) - Payment term by Bank Draft - Buyer provide LOI stating their volume and destination - procedure : - Buyer have to place Bank Draft at lawyer's office for 5 days collection volume

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