D6 JP*4 CRUDE South Korea and China

RFQ Details

REQUEST FCO/CI/SPA AS BELOW:

ONLY LIFTABLE PRODUCTS, WE NEED SPOT-CONTRACT CI, DIP & PAY.(D2/EN590, D6, JP54/A1). INCOTERMS FOB ROTTERDAM/HOUSTON PORT(FROM TITLE HOLDER WITH POP IN THE FIRST INSTANCE, SGS/PRE INJECTION REPORT IN SELLER TANKS WITH CI) THEN BUYER SHIP OR TSR.

RUSSIAN VIRGIN FUEL OIL D6

Also JP 54 1 milliom barrels the first tranche and 2 million barrels per month $38 gross and $34 net $2 each of sell and buy side.

ORIGIN: RUSSIAN ORIGIN

QUANTITY Liftable 200,000,000 GALLONS, then 800,000,000 gallons per week for 52 weeks.

PRICE: Liftable USD$0.78/0.74 per GAL. FOB Houston

COMMISSION: $0.02 SELLER SIDE/ $0.02 BUYER SIDE

PAYMENT TERMS: T/T/SBLC

INSPECTION : Dip (SGS) Test

PROCEDURE:

1. Buyer confirms soft offer and issues ICPO.

2. Seller issues Commercial Invoice to buyer, buyer signs and return. Both parties sign MOU.

3. Seller legalize and notarize signed Commercial Invoice with the appropriate authorities. Seller issues to buyer:

· Legalized/Notarized Commercial Invoice

· Company Registration Certificate

· Statement of Product Availability

· Authority to Sell

· Notarized MOU

· Conditional DTA

· Tank Storage Agreement (TSA)

· Tank Storage Receipt (TSR)

· Authorization to Verify(ATV)

· SGS

4/Buyer extends tank storage for 5 days to obtain current TSR and DTA/Inspection Permit for buyer to perform SGS Inspection.

5.Upon successful dip test, buyer pays at sight via MT-103 or TT.

6.Buyer lifts product and seller payout intermediaries involved as per NCNDA/IMPFA.

7.Buyer sings one year contract with Seller

I also Have a Chinese fuel buyer who wants 1 million barrels of crude the 2 million per month ongoing at a target price of Platts minus 10 from a seller with a track record of selling to China. Price should include commission

Regards,

Mr Gerwyn Tudor Hodges