Quantity: Minimum 1,000,000 bbl’s "Trial Shipment", followed by Minimum 1,000,000 bbl’s x 12 Month's with R & E up to (36-48) Month's. CIF Price / Barrel : Discount -$10 Gross/ -$8 Net Per US bbl from "NWE" Platts (5) days average of B/L) for Trial Shipment & (12) Month Term Contract. **...
1. Buyer issues an ICPO with full bank details. 2. Seller issues FCO electronically signed and Buyer returns the FCO with agreed terms. 3. Buyer and Seller execute formal contract which is lodged with their respective transaction Bank 4. Buyer’s Bank SWIFT a BCL/RWA (POF) via MT199/MT999/MT799 to...