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D2 Russian Gas Oil D2 Diesel

D2 Russian Gas Oil D2 Diesel
D2:: Russian gas oil d 2 diesel
500,000 mt per month x 12 months cif:: Gross $13/net $11:: Med platts
We hereby confirm that we are ready, willing and able to enter into a contract for the sale and delivery of the following commodity, subject to the terms and conditions stated herein and in the sale/purchase agreement:
D2:: Russian gas oil d 2 diesel
500,000 mt per month for 12 months (up to 60 months)
Price per metric ton (mt) cif - med platts
Discount per mt:
Gross discount us$13.00 (thirteen us dollar)
Net discount us$11.00 (eleven us dollar)
Cif any safe world port as designated by buyer
By irrevocable, confirmed, non-transferable and auto revolving documentary letter of credit (dl/c) issued by top 25 world bank, confirmed and accepted by seller's bank base on the shipment
By sgs or equivalent inspection service at loading port
Performance bond:
1. Buyer submits loi in company letterhead, including company's information.
2. Seller submits fco in company letterhead, with offers details.
3. Buyer submits with soft probe authorization icpo including full company, banking and refinery information if buyer is refinery.
4. Seller provides pop.
5. Buyer and seller finalize and agree on contract terms.

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