MAZUT Sellers Published date: October 19, 2015 Modified date: October 19, 2015

GREETINGS. WE ARE LOOKING FOR REAL AND SERIOUS BUYERS FOR THE FOLLOWING UPFRONT FULL POP+ 2% PB CIF OFFER

1) Commodity: Heavy Fuel Oil MAZUT-100 GOST 10585-75
Country of Origin: Russia
Specifications: Standard specification
Price: CIF $330 Gross $ 320 Nett MT (Metric Ton)
Commission: Seller Pays and Distributes Commission via signed IMFPA agreement
TRAIL SHIPMENT: 50,000 to 100,,000 Metric Tons (MT)
CONTRACT: 150,000 to 300,000 MTs per month for 12 months
Contract Duration 12 months with possible Roll Over and Extensions
Loading Port: Vladivostok
Destination Port: CIF: Port ,China
Payment Term Swift / BCL or MT99 IDLC,/ RDLC,/ MT 103/Wire TT

2) JP54
CIF PRICE - $8/$6

Please review the procedures below from one of the seller, seller is asking for the POF bank to bank but at the same time, they will provide us upfront PB as well.

PROCEDURES: CIF China Port / ASWP

1. Buyer issue ICPO/LOI plus Company profile and business certificate.

2. Seller Issues Draft Contract Open for Amendments.

3. Buyer Counters Sign and Seals the Draft Contract and Sends via E-Mail to Seller.

4. Buyer issues POF via swift BCL or MT199 based on the text verbiage provided by seller to Fiduciary Russian exporter bank ( outside Russia ) for verification of fund and send seller swift copy of MT199

5. Seller fiduciary Company verifies Buyer BCL / MT199 POF and issue satisfaction letter ready to finance and sponsor this project to seller with instruction to proceed ASAP.

6 Seller issue full Proof of product (POP) and give 2%PB to Buyer’s Bank and verification.

7. Buyer within 3 Banking days Buyers Bank sends swift 100% Operative Irrevocable Confirmed Letter of Credit via Swift MT700 Valid for 60 days to our fiduciary Russian exporter company Bank

8. Seller invite buyer to loading port to inspect the product and sign hard copies of Contracts in Russia (Optional If requested by buyer).

9. Buyer releases full payment via MT MT103 upon receipt of CIQ certificate at discharge port.

10. Delivery Commences as per Contract and seller pays commission via signed IMFPA agreement.

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