Mazut (Colombia)

Offer Russian Mazut-100 GOST 10585-75 Seller\'\'s Procedures:. 1) Buyer will submit LOI and BCL with full Banking Details and authorization for soft probe.. 2) Seller will give written notification of acceptance of LOI..

3) Within 48 hours of receipt of the Seller\'\'s approval of LOI, Buyer\'\'s Bank will issue POF, via authenticated SWIFT in accordance with the test (to be) attached (thenceforth) as Appendix 1. 4) Seller will issue draft contract and FCO.. 5) Buyer will return signed contract via scanned email attachment..

6) Seller will countersign contract and return to Buyer via scanned email attachment.. 7) Buyer will issue a MT 705 Pre-advise Letter of Credit (L/C).. 8) Seller, via bank-to-bank-channels, will issue Pre- advise of Performance Bond and POP. POP shall consist of the following documents:. Copy of License to Export issue by Russian Ministry of Energy.

Copy of Approval to export issue by the Russian Ministry of Energy. Copy of Statement of Availability of the Product. Copy of the refinery commitment to produce the Product. Copy of Charter Party Agreement(s) to transport the product to discharge port.. Seller\'\'s certificate bearing: Allocation/Resource number, reference number of POP, Authority.

Number, name of loading port contract number. 9) Buyer\'\'s operative L/C is issued/Seller\'\'s Performance Bond is issued.. 10) Shipment within 35 days of receipt of operative L/C.

Annual Contracts 100,000 MT (min) - 1,000,000 (max) Sulphur 0.5% (less than 1%) 12 months up to 60 months Loading Port: Seller\'\'s Option Delivery: CIF ASWP Packing and Mark: Bulk The price shall be fixed USD300.00/MT PLUS COMMISSIONS CIF ASWP for Entire contract period.