Russian REBCO (Australia) is a Crude Oil product. Key specs — Origin: Australia.
Product Description
1) product/commodity: Russian export blend crude oil (rebco) 2) specification: As per gost standard 3) quantity:10,000,000 barrels/month 4) packing: Oil - tankers 5) target delivery date(s): June/july 2006 6) destination port: Mediterranean port (at buyer s option) 7) destination country: Europe (at buyer s option) 8) terms of delivery: Cif aswp (incoterms 2000) 9) contract length:60 months 10) inspection: Quality, quantity, weight by sgs at seller s costs at port of loading 11) payment: By swift wire transfer against standard commercial docs according To incoterms-2000 12) payment security: Bg or sblc, rdlc.
Against commitment of our receiving Bank securing unencumbered return of the instrument before expiry 13) target price: Three days average of platts crude oil marketwire under the heading Urals ex novorossiysk less agreed discount to buyer. Discount gross 7,00/net 6,00 usd/barrel delivered
