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issued from a government owned local state bank of Asia This is important because crude oil sellers do not accept usance LC for 90 days -Most crude oil sellers require a monthly activated payment by DLC, BG, or SLBC -The cash amount of the LC of 90 days is almost 120 million dollars/monthly for 2 year contract Our oil government buyer needs a BG/SBLC or activated DLC for every month for 2 years
Related Keywords : cruide oilCategories : Energy, Crude Oil
India
issues the SCO, Buyer sends ICPO to Seller. 2. Seller issues CI (commercial invoice) to Buyer, Buyer Signs and returns to Seller within 48 hours 4. Seller issues fresh SGS, Unconditional DTA, TSR, ATSC & ATV 5. Buyer orders SGS to conduct Dip Test of the product in the Seller Tank on Buyer expense. 6. Upon successful dip test, Buyer provides valid TSR. 7- Seller injects fuel into the Buyer's nomi
India
Jp54 - 2mn BBLS FOB Rotterdam. D6 - 50 mn BBLS EN590 - 30000 MT Prefer to DIP TEST in Seller Tank before issuing TSR
Related Keywords : JET FUEL BUNKER FUELCategories : Energy, Crude Oil
India
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