Global Niaga Intertrade
24th Aug 2008
Spot Contract (less than 5m MT): $810/$820
Spot Contract (5m MT and above) $775/$785
Year Contract (min quantity: 12,500 MT/month for 12 months): $960/$970
Year Contract (500,000 MT/month for 12 months): $910/$920
Year Contract (1m - 2m MT/month for 12 months): $855/$865
Commission Structure: $10 available to be shared $5 seller side (closed) / $5 buyer side (open)
NOTE: we are the mandate to the seller and on seller side of commission.
Important Information For You To Know
- There's no loaded tank available but seller will load tank for any buyer once they are able to prove
their financial capability.
- Seller will do FOB (pipeline) in Rotterdam, Greece & Germany or CIF ASWP
Seller's Procedure and POP details
1) Seller Mandate issues SCO to Buyer.
2) Buyer sends LOI or ICPO in return.
3) Seller sends official FCO/draft contract with bank coordinates.
4) Seller issues contract.
5) Buyer and Seller sign the contract after review and agreement.
6) Buyer sends BCL by swift to Seller's bank
7) Seller sends Partial POP by swift to seller's bank.
Partial POP will contain:
- Copy of statement of availability of the product with specifications.
- Copy of the refinery commitment to produce the product.
- Reservation of quantity in the name of the Buyer.
7) Buyer issues non-operative DLC.
8) Seller issues 2% PB, DLC becomes operative.
9) Seller issues rest of documents:
- Copy of license to export, issued by the Ministry of Energy.
- Copy of approval to export, issued by the Ministry of Justice.
- Copy of the quantity and quality of the product by an international surveyor (SGS).
- Copy of Transneft or Tovalop/Pandi contract to transport the Product to the Port.
- Copy of the Port Storage agreement and tank receipts.
- Copy of the charter party agreement(s) to transport the product to the discharge Port of destination.
10) Contract & Shipment begins.
We only entertain serious and genuine buyer. Any interest please contact me by return email at armsazali@gmail.com
This offer expires by the end of August 2008.
Thanks