SVIT
SVIT is a Trading Company. Main products and services: Crude oil.
Company Profile
Product: Crude oil
Country of origin: Russia
Quality: REBCO
Total volume:12.000.000 tons
Monthly amount:1.000.000 tons
Dates of delivery: For one year with possible extension
Terms of delivery: CIF buyer's ports
Initial delivery: Within 30 days after issuance of financial instruments by the buyer's bank.
Terms of payment: Covered slc for the amount of three month deliveries valid for 390 days
And confirmed dlc, for the amount of monthly deliveries.
Dates of payment: Payment for each tanker batch of product is carried out by the buyer within 10 days from the tanker's arrival at the dock in the destination port.
Price: Spot assessments' published in platt's crude oil marketwire for brent(dtd) minus discount USD 1.50 for each barrel.
Deliveries: Product delivery will be carried out by the tankers of 140.000 tons and 1.000.000 barrel displacement respectively.
Delivery guarantees: Performance bond 2% shall be issued by the first class western bank of the seller of the benefit of the buyer.