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I am an intermediary for a managed buy/sell initiative with fuel being sold on the European exchange. The trader engaged is looking to a JV with an investor/buyer. The product is JP 54 (minimum 2MM barrels/mth with R&E, the maximum being 10MM barrels/mth), FOB Rotterdam. The investor/buyer would earn a discount of Platts - 15%. If there is interest, please contact me for an immediate conversation
United States
intermediaries involved in the Transaction for Seller to endorse and pay. 7. Seller issues a Sale and Purchase Agreement (SPA) for the monthly contract deliveries. Buyer reviews, signs and returns to Seller along with a Standby Letter of Credit for the monthly delivery value. 8. Deliveries commence as per the agreed SPA / Schedule. For CIF, we need LC/MT700 payment with 2% PB to activate the LC.
Related Keywords : Jet Fuel, A1, JP54Categories : Energy, Crude Oil
United States
Copy of the Certificate of Origin 5.2. Copy of Export License 5.3. Injection Report at Rotterdam 5.4. Fresh SGS Report at Rotterdam 5.5. Allocation Certificate 5.6. Unconditional Dip Test Authorization (DTA) 6. Upon successful dip test, buyer pays at sight via MT 7. Buyer lifts product and seller pays out intermediaries involved as per NCNDA/IMPFA. 8. Buyer signs one year contract with Seller.
Related Keywords : D6 Virgin OilCategories : Energy, Crude Oil
United States
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