Crude Oil Direct from the REFINERY

We need the following information in BUYER'S LOI:

                Location of the Product (Country)
            
                Product’s owner (Company Name)

               Type of crude oil (API Gravity) and assay (supply)

                Montly quantity

               Contract length and extensions

               INCOTERMS, FOB/CIF ASWP
         
              PRODUCTS DESIRED WITH THE REFINING, ASSAY (PROVIDE) AND DESIRED QUANTITIES OF EACH PRODUCT.

             DELIVERY PRODUCTS FOB / CIF? IF CIF, WHERE?

            JOINT VENTURE IN THE REFINING OR PAYMENT BY REFINING?

            WOULD BE INTERESTED SIMPLY IN THE SALE OF CRUDE OIL, FULLY? IF POSITIVE, WOULD DISCOUNT ON WTI                 BASICS? HOW MUCH?

D6 V, First Shipment,  CI, DIP & PAY, Liftable Qty    150 Million Gallons ...FOB Rotterdam 100,000 MT EACH MONTH  for 12 Months; 2 Ships Only +/5%

BCL and RWA required after First Shipment for 12 month contract 100,000 METRIC TONS = APPROX 30,000,000 US GALLONS

PRICE: USD $2.14 GROSS / USD $2.10 NET PER GAL

ICPO + IMFPA if offer accepted.

Buyer pay the commission .Seller side Closed 50% and Buyer Side 50 % open 

SELLERS HAS A NEW YORK BUYER, BUT CANNOT FINISH TRANSACTION BECAUSE NO POWER, SO THEY US AND ASKED IF WE COULD GET IT DONE.  SELLER CANNOT WAIT FOR CURRENT BUYER. 
LETS GET IT DONE


Type of Product : Gas oil D2 L0.2-62 Gost 305-82
Quantity : 100.000 Metric Tonnes to Up
Product Origin : Russian Federation
Loading Port : Rotterdam Port | The Netherlands
Incoterms 2010 : FOB Basis
Price : NWE Platt’s price minus U$D $25/$20,00 Net per MT   BUYER PAYS
Contract Length : ONE TIME SPOT OFFER + ROLLS & EXTENSION
Payment terms : DIP & PAY By MT103


Procedures:

BUYER ISSUE ICPO TO _____________________ WITH FULLY COMPANY AND BANKING DETAILS.

SELLER ISSUE FULL CORPORATE OFFER AND PROFORMA INVOICE TO BUYER.

BUYER ACCEPT AND RETURNS BOTH SIGNED & SEALED AND ENDORSED BY BANK.

SELLER ISSUE QUALITY SGS REPORT AND DIP TEST AUTHORIZATION.

BUYER PERFORM DIP TEST (SGS Q&Q COPY TO SELLER) AND IMMEDIATELY SEND Q88 TO SELLER.

SELLER ISSUE LAYTIME FOR LOADING VESSELS.



Please check this procedure and off out, let me know if you are ready for this 
Procedures is Dip and Pay.