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BUYING JP54 SPOTS

Minimum Order Quantity: 2,000,000 Barrel/Barrels
Date Posted: 20 Jun 2009
Offer Expires: 24 Aug 2010

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Detailed Buying Lead Description

N-OVATIVE OIL, Inc. is Buyer Representative and our buyer is looking JP54 SPOTS. FOB Rotterdam or Houston 500K BBLS to 10M BBLS. Platt Minus Pricing Net to Buyer, will Consider offers at a Fixed price. Seller Pays his people and Buyer Gets Net Price. Buyer Will Not Pay Commissions. PROCEDURES: (1) Buyer & Seller Conference Call (2) Buyer Sends ICPO with Full Banking (Top 25 Bank) to the seller (No Soft Probe). (3) Seller issues Draft Contract within 24 hours. (4) Buyer and Seller Sign Contract and Lodge with Banks. (5) After Contract Lodging Seller's Bank will send SGS Report and Tank Receipts to the Buyer's Bank. (6) Buyer Verifies Proof of Product and Pays for Lift Able quantities via MT 103/23 and Non-Transferable RDLC for any product not lift able. We will Consider Contracts that have an Immediate Spot Lift. !!! WARNING !!! We will not deal with brokers. Only serious Sellers & their Mandates are welcome to inquire. If found out that Sellers, Buyers, or Brokers are Falsifying their positions or Committing acts of Arbitrage extreme legal action may be the result POP UPFRONT BANK TO BANK AFTER CONTRACT SIGNING IS WHAT WE ARE LOOKING FOR.
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