PRODUCT: DIESEL MOTOR FUEL EN 590 (10 PPM)
ORIGIN: RUSSIA, BELORUSSIA
TERMS OF DELIVERY: FOB port Klaipeda
QUANTITY: UP TO 50 000 METRIC TONN MONTH
PERIOD: 12 MONTH
PRICE: The price of the Goods per metric ton and is determined as mean average of a three day quotation in the “PLATT’S EUROPEAN MARKETSCAN”, UNDER THE HEADING FOB ROTTERDAM, LINE «PPM 10» valid for two days to the date of the bill of lading and on the date of the bill of lading; issued in the load port Minus 5 (five) US dollars /MT
PERFORMANCE BOND: 2%
INSPECTION: SGS or similar
PAYMENT: Payments for each gasoil delivery shall be made with SWIFT MT103.The Buyer also will issue Non Transferable, Non Divisible Documentary Letter of Credit (DLC) covering cost of one month to be delivered product quantity which shall be in US Dollars and effected through the bank nominated by Seller (as a guarantee in case that for any reason the Buyer did not issue MT103).
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