PRODUCT: RUSSIAN GAS OIL LO.2-62,GOST 305-82
1. Origin: Russia
2. Price: US720(net)/US$740(Gross)/MT,CIF
(US$20 for commission)
3. Quality: Please refer to the attached Annex “A” specification
4. Quantity: 500,000 MT MT/Month x 12 month
5. Destination: CIF ROTTERDAM
6. Duration: 12 months with rolls and extensions
7. Inspection: Quality, Quantity, Weight by SGS at seller’s cost at loading port,
And SGS/CIQ at discharging port by buyer’s account.
8. Payment: By Irrevocable, Non or Transferable, Revolving Documentary Letter of
Credit with one month’s value payable 100% at sight.
9. Performance Bond: 2% Performance Bond of one-month delivery amount
10. Delivery: 30-45 Days from Receiving Documentary Letter of Credit.