MARKETING

The Procedure of Saudi Arabia Light Crude Oil

      The following listed below are the required procedure details for the sale purchase of Saudi Arabia's Light Crude Oil, with Liberty for Trading Agencies (LFTA) according to the Seller's Mandate via. Saudi Arabia ARAMCO etc. 

See http://www.saudiaramco.com/irj/portal/anonymous

 1)      Saudi Arabia requires that a Letter of Intent (LOI) be filled out and signed by the company that has an Crude Oil Refinery and prefers that they have a Clients Number with ARAMCO. Where there is $7.00 discount (with $3.00 commission to be paid by the buyer) per barrel below market set price for the sale purchase of Saudi Arabia Light Crude Oil. If the buyer does not Have ARAMCO Number.

          LFTA will attempt to accommodate the sale through LFTA contact persons inside Saudi Arabia.

2)     Once the LOI is signed and properly filled out than LFTA will process it, to be pasted to the seller mandate, when the seller receives it (Saudi Arabia's contact person inside U.S.A.) to be processed inside Saudi Arabia (ARAMCO) for finality confirmation from ARAMCO where LFTA will receive the Soft Offer from the seller (ARAMCO) to be provided for the buyer.

 3)    LFTA must exchange with the seller mandate at the same time the Buyers agreement for the commission of the $3.00 dollars commission to the seller's mandate to be provided to the pay master and/or bank and disbursed accordingly.

 4)   At the same time period as being described in Paragraphs 2-3 above LFTA, the buyer's mandate, the seller and buyer will ALL meet in a designated location preferably in Michigan (USA)  Liberty for Trading Agencies (LFTA) for all parties involve to sign and exchange of the commission and Soft Offer Agreements with the lawyers etc. Where there is a $1.00 dollar commission per each barrel of Sale Purchase to be provided for Liberty For Trading Agencies (LFTA).

 5)   That the forthcoming contract for the reasons being described above must be for Thirty-Three (33) years or any other amended contract agreed upon by the buyer and LFTA, where the buyer would always be prohibited and deprived from perusing any kind of Crude Oil sale purchase from Saudi Arabia (ARAMCO) without providing all the commissions set price agreed upon as being described above.

6)   Upon LOI being approved by ARAMCO the buyer will be free to sign with the seller, Saudi Arabia, pay master, LFTA any other involved parties. The Saudi Arabia Light Crude Oil sale purchase comes with $7.00 dollars below the market price and there is NO 2-3 years waiting period to pick up the Light Crude Oil from the Saudi Arabia ports (Details and locations of Port will be provided in the Soft Offer).

LETTER OF INTENT

SAUDI LIGHT CRUDE OIL SPECIFICATION

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Last modified: 04/06/10.