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Crude oil

  • Israel Israel  
  • Quantity Required: 400,000 barrels/ month
  • Last Updated:
    Posted on: 16 Apr 2024

  • Destination Port: to be picked up from location
Buyer Information

RFQ Details

Type / grade: light: APi above 34; Sulfur 0.5%-2%

Quantity: 400.000 Burr per month

Duration: 12 months

Method of purchase: xxxxx

Method of payment: Irrevocable, non transferable letter of credit to be issued by a major Bank in relation to each and every lifting/ shipment.

Price: To be fixed every month according to the prevailing Adriatic plat based on the average of last three days prior to loading every month.

Discount: to be discussed

Conditions precedent

Seller to provide a certificate to assure and demonstrate the existing agreement with the national oil suppliers.
Seller will have to provide us the means to verify the existence of the oil and the right the seller has to sell it.


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