Puerto Rico Crude Oil
Listing ID#10229557
CategoryCrude Oil

Puerto Rico Crude Oil

Specifications

Origin
Puerto Rico
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Quick answer

Puerto Rico Crude Oil is a Crude Oil product. Key specs — Origin: Puerto Rico.

Product Description

We offer to your buyer the following products: 1. Slco 20,000,000 barrels for 60 months. Discount 6 gross 3 net. 2. REBCO 50,000,000 barrels for 60 months discount 5 gross 4 net. 3. D-2 10,000,000 MT per month for 12 months 18 gross 15 net genova lavera platts. 4. Jet fuel 50,000,000 barrels for 60 months discount per gallon.055 cts gross.05 cts net 5.

M100 (mazut) 500,000 MT for 12 months discount 295 gross 290 net. 400/396. Banking procedures (applies to all Russian products) 1. Buyer sends LOI with BCL. 2. Seller issues FCO for buyer signature. 3. Buyer issues irrevocable corporate purchase order (icpo). With bank confirm letter to favor seller and endorsed fco. 4.

Seller issues contract with POP confirmation and sends to buyer by e-mail. Buyer can check confirmation of POP through refineries. (all email transaction is legal and acceptable by seller and buyer). 5. Buyer and seller sign contract and copies lodged with respective banks. 6.

After three (3) banking days buyers issue a pre advice dlc or non-operative from top 25 world prime bank acceptable to sellers bank. 7. Seller provides buyer through buyers bank proof of product (pop). 8.

Seller issues 2 % performance bond to activate the buyers non-operative and non-transferable, auto revolving documentary letter of credit L/c become operative. 9. Seller nominates vessels, loads and gives eta to buyer 10. Buyer obtain free in a free out permit of sellers vessels at discharge port (cif contracts only). 11.

All other procedures are as in the contract. Real buyers this is the procedure attach to it.

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