Buy Jet Fuel


Minimum Order Quantity: 10,000,000 Barrel/Barrels
Certification Requirements: Standard Russian Authorities Certification Documents.
Post Date: Jul 06, 2008
Expiry date: May 24, 2009

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Detailed Buying Lead Description
Procedures for Jet Fuel (FOB) Secondary Contracts
 
1) SELLER SENDS FCO WITH SPA CONTRACT DRAFT
2) BOTH SELLER AND BUYER ACCEPT AND SIGN ELECTRONICALLY WITH HARD COPIES TO BE FOLLOWED BY COURIER.
3) SELLER ISSUES 2% NON OPERATIVE PERFORMANCE BOND AND SOME POP
4) BUYER ISSUE DLC TO ACTIVATE PERFORMANCE BOND
5) SELLER SENDS REMAINING POP
6) ALL OTHER TERMS/CONDITIONS AS PER CONTRACT.
 
Other Requirements
Quantity: 10-20mbbls x 12months with possible rolls and extensions
Price: Jet Fuel, Baltic Sea lifting FOB NWE or Black Sea lifting  Med. Sea Platt

Discount: To be discussed

Payment Terms: 100% irrevocable, nontransferable, non-divisible, documentary L/C to be opened from a prime bank on a cargo-by cargo basis upon receipt of Terminal Confirmation. 

(ICC 500 rules and regulations)
 
We do not entertain Spot Offers, BG/SBLC/BCL
In our Books it is POP before POF for all secondary contracts.
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