SOFT CORPORATE OFFER
(Production Contracts Only)
The document is updated:
- Commodity: LPG
- Ratio: Butane 50 % - Propane 50 %
- Origin: Middle East
- Quantity: 5 - 10.000 Mt tons Monthly x 12
- Delivery terms: FOB Asalooyeh-Iran
- Price Platform: CP Aramco.
- Discount: Minus 10 USD PMT.
- Payment terms: LC
- Delivery Date: 1 week after receiving confirmation of bank instrument
FCO will be issued upon receiving ICPO and BCL.
TERMS OF PAYMENT:
- An Irrevocable, assignable, unconditional bank guarantee from prime banks or confirmed equal to the value of 2 (Two) months shipment valid for 365 days plus 1. (Contract guarantee)
- Telegraphic transfer (TT) prior to discharge at destination port. SEPSEPEHR International Trading Company Record No: 6828 Date: 15 / 2015 No: A-T 215 Att:
- Buyer issues ICPO + financial capability
- Sellers confirms ICPO and issues FCO
- Buyer counter signs FCO and returns to seller with the copy of RWA
- Sellers issues contract
- Buyer and seller shall review, sign and seal the contract (SPA)
- Seller issues invoice for the first lift
- Buyer issues bank instrument (BG) within 10 working days after signing of the contract.
- Within 5 working days Seller issues PBG equal to 2%.
- Seller secures the product and fixes the loading times and starts loading
- Shipping commences as per contract terms
- Within 10 days after BL date, buyer pays for cargo via TT or wire transfer
- Ownership documents and title documents are exchanged.
- RWA text shall be provided by Buyer.
- Bank instrument and PBG verbiage must be confirmed by both seller and buyer.
- Bank instrument and PBG verbiage are based on latest version of ICC 600.
- The validity of this document is only for 5 international banking days. We request you for confirmation of this FCO and all conditions mentioned herein, for us to draft a Sale Purchase Agreement, we kindly ask for your confirmation accompanied by your Purchase Order (PO) or (ICPO) for the supply of LPG, as per specifications, based on monthly volume of 40,000 Mt.
- Рurchase requisitions sent to:
- phone: +77052458414
- Skype: amanzhan-kz
Copyright © 2015. PURCHASE AND SALE OF PETROLEUM PRODUCTS. Company Satoil.