JP54 Sellers Published date: June 19, 2025

SCO ISSUE DATE: 01/APRIL/2025
SCO EXPIRATION DATE: 8 MONTHS

DELIVERY TERMS: FOB AND CIF

MAX TOTAL QUANTITY BY MEASUREMENT FOR 1ST SHIPMENT:

METRIC TONS: 500,000 MT

BARRELS: 2,000,000 BBLS

GALLONS: 200,000,000 GALLONS

PERFORMANCE BOND: SELLER ISSUES 2% PERFORMANCE GUARANTEE BOND

INSPECTION: SGS ONLY

ORIGIN: RUSSIAN, KAZAKHSTANI ORIGIN.

MINIMUM MONTHLY QUANTITY: 500,000 BBLS

MAXIMUM MONTHLY QUANTITY: 10,000,000 BBLS

FOB: $58 Gross / $54 Net.

CIF: $60 Gross / $56 Net.

COMMISSION: $2 / $2

INCOTERMS:

FOB STANDARD TRANSACTION PROCEDURES (TTM RUSSIA)

FOB STANDARD TRANSACTION PROCEDURES

FOB STANDARD TRANSACTION PROCEDURE (TTM RUSSIA)

STANDARD PROCEDURES (CIF DLC MT700/SBLC MT760)

NOTE: If due to any reason buyer can’t issue the SBLC MT760/DLC MT700 pre-advice or RWA MT999/199, the buyer is to request the Commercial Invoice for the direct issuance of Fully Funded SBLC MT760/DLC MT700 after signing of the Contract within 7 working days. Meanwhile, the alternate solution to all is to request an invoice to make a REFUNDABLE/DEDUCTIBLE 3% Security Guarantee Deposit of the total 1st shipment product value via T/T Wire Transfer to the Seller’s fiduciary account after signing the contract. Upon confirmation, Seller will proceed immediately to the logistics aspect of the deal, issue the full POP and commence the shipment of the product. If due to any Force Majeure the Seller fails to supply the Buyer, the 2% PB is forfeited to the Buyer.
The Duration of the financial Instrument issuance must be more than 365 days.

REFERENCE NUMBER: 4JUNE25/1240A/SA93549

• Company Name: STRICKLAND ASSOCIATES, LLC
• Country: USA

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