SPOT PROCEDURES

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SPOT PROCEDURES & PRICES

UPDATED APRIL 6, 2012

SPOT Orders  PROCEDURES & Prices are indicated below as follows:

Price JP54  SPOT up to 5,000,000 BBLE with 100,000 Liftable Trial Shipment, ALL SPOT Orders including Trial Shipments are
FOB
Novorossiysk Port at Price of USD $107.00 per BBL NET to Buyer, with $3.00 Commission to Buyer Group members.

Price for D2 SPOT up to 1,000,000 MT USD $875.00 PMT with 10,000 MT Liftable  Trial Shipment, ALL SPOT Orders including Trial Shipments are FOB
Novorossiysk Port at Price of USD $875.00 PMT NET to Buyer, with $10.00 Commission to buyer Group members.
 

SPOT PROCEDURES:
 
1. Buyer confirms soft offer after due diligence is done by Seller Mandate on prospective Buyer and issues an ICPO and BCL with right for soft probe to be done by Seller;
 
2. Seller via. Seller Mandate  issues FCO of which buyer endorses and returns;
 
3. Seller Via. Seller's Mandate issues draft contract open for amendments;
 
4. Both parties confirm draft Contract by endorsing it;
 
5. After contract endorsement buyer pays the logistic charges been payment for storage/ transporting the product from refinery to the port of loading enabling the release of full POP to buyer’s designated address/bank, any/all negotiations and agreements are to be finalized, agreed, and Approved between Seller & Buyer only; Or  Option #1 or Option #2
 
6. Both parties lodges contracts in respective banks;
 
7. Buyer's Bank and seller’s bank finalize the bank to bank process;
 
8. Buyer's bank makes payment as per the signed contract;
 
9. Delivery commence as scheduled.
 
 
Note: Any buyer trying to circumvent, shall be blacklisted!!!
 

---------- Forwarded message ----------
From:
OOO Oil
Date: Fri, Apr 6, 2012 at 5:36 PM
Subject: Fwd: Re- Buyer (Confidential);
To: tkalasho@gmail.com
 
Hello,

"...We had numerous record of delivering transaction documents when buyers comply and even ready to upload, but our record show that, buyers has more record of collecting our POP' s and never close the deal, we most time end-up paying back taxes for submitting un-executed contracts and collecting closing docs...." [EMPHASIS Added & Quotation Omitted].

THANKS,
OOO Oil

 
 

 

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