 PETRONAS GASOIL DIESEL, EURO 2M, [LOW SULPHUR] (Offer to Sell)
Trade Lead Description:
PETRONAS GASOIL DIESEL, EURO 2M
[D2 euro low sulphur]
PETRONAS BULK & DEPOT TERMINAL,
TELUK, EWA, LANGKAWI,
PASIR, GUDANG, MALASIA.
QUANTITY: 250,000 MT [TOGETHER]
PRICE: $955 / $950 GROSS - NET TO BUYER
DURATION: SPOT INTO TERM CONTRACT X 12 MONTHS WITH ROLLS AND EXTENSIONS UP TO 60 MONTHS
DELIVERY: FOB MALASIAN PORT
Delivery IMMEDITALEY LIFTABLE UPON EXECUTION OF CONTRACT AND POSTING
TIME: OF BUYER’S BANKING INSTRUMENT [FOR 250,000 MT]
PACKING: BULK
PAYMENT: BY MT 103 OR TT WIRE.
PROCEDURES:
1, SELLER CI, DTA, AND IMFPA
2, BUYER RETURNS SIGNED CI/IMFPA
3, BUYER DIP TEST, PAYS BY MT 103 IMMEDIATELY FOR THE LIFTABLE GOODS
4, SELLER ISSUES TITTLE PAPER TO BUYER'S NAME, SIMULTANEOUS WITH CONFIRMATION OF PAYMENT
5, SELLER SENDS SPA FOR WEEKLY CONTRACT
6, BUYER LIFT THE PRODUCTS IN 24 HOURS AND BUYER PAYS TANK STORAGE FEE IF REQUIRED BEYOND 24HOURS
7, BUYER ISSUE IRDLC TO SELLER AS SECURITY FOR THE CONTRACT IN THE SUM OF ONE-WEEK PAYMENT FOR THE
WEEKLY PAYMEN
| Type of Offer: |
Offer to Sell |
| Quantity: |
250,000 MT |
| Packaging: |
Bulk |
| Price / Incoterms Conditions: |
$955/$950 |
Posted from Netherlands - Noord-Holland on 23 January, 2013
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