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  • South Africa South Africa  
  • Quantity Required: 200000 Metric Ton
  • Annual Purchase Volume: 2400000 Metric Ton
  • Last Updated:
    Posted on: 22 Feb 2023

  • Time Left: 8M 15D
  • Buying Frequency: Monthly
  • Payment Terms: L/C
  • Shipping Terms: CIF
  • Destination Port: China / Korea

RFQ Details

Letter of Intent (LOI)
First of all, we are ready to start:
LNG / LPG 400,000 MT per month, a contract for 5 years.
Oil-Gas Condensate 300,000 MT per month, contract for 12 months.
Mazut M-100 brand are ready to purchase all possible and maximum volumes that the Seller has, three types of Mazut M-100 are interested, 1, 3, and 4 types.
Oil-ESPO âª40.000.000⬠million barrels per month contract for 12 months, with the possibility of extension. 5 years.
And we are also ready to consider other types of petroleum products.
Only strictly according to our procedure and payment terms.
Terms: CIF;
Delivery Port: CIF ASWP port of China.
Price: By agreement, per ton, CIF.
Payment method: The Seller opens PB2% and the Buyer opens a SBLC ÐТ 760/ Т/Т ÐТ103.
I am sending you the Procedure and Payment Terms.

Procedures: CIF
0) The seller confirms his consent to work strictly according to the procedure and terms of payment of the Buyer, and issues a letter of consent on his company letterhead, signed and stamped.
(The Buyer's payment procedure and terms must be copied and pasted without any additions or changes to the consent letter.)
1) The Seller - provides a Soft Commercial Offer (SCO) strictly in accordance with the procedure and payment terms Buyer's.
3) The Buyer issues a LOI (based on a letter of consent and a Soft Commercial Offer (SCO).
4). The Seller issues an FCO strictly with the Buyer's procedure and conditions, together with its indirectly supporting documents, 4 MOU (this is an indirect confirmation that the Seller has access to the Product).
4.1) MOU with the owner to allocate the volume for sale.
4.2) MOU with the transport co

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