Euro 2M Blend Petronas Spec

We offer to our potential serious mandate buyer/buyer as below:

Commodity: Euro 2M Blended Petronas Spec
Specification: Will attached in SCO, similarly to Petronas Spec
Price: RM2.38/litres
1st Month: 40,000MT
2nd Month: 50,000MT
3rd Month/onwards: 100,000MT
Total Quantity: 1,090,000MT
Delivery Schedule: as per agreement
Terms of payment:
A) Deposit (order commitment), 10% from the amount of 1st shipment bank draft paid to Group Company of PDA license holder via Local Bank in Malaysia
B) Every delivery paid in cash/TT before discharge at Seller's storage tank

*Dip and Pay MT103 applicable
*10% commitment by RWA bank to bank can be discussed

Rate/size of shipment: Long side at designated port. Loading capacity: 10,000MT per day

Procedures:
-buyer issue LOI, Seller issue SCO
-buyer issue ICPO, BCL and POF, Seller respond with FCO
-buyer acknowledge FCO, accept all terms and conditions, send to Seller the signed and sealed FCO
-seller issue CI and confirmation letter from Petronas, DTA
-buyer prepare bank draft 10% commitment from the amount of 1st shipment via local bank in Malaysia or RWA via bank to bank, Dip and Pay MT103 10% upon Dip Test 90% upon loading date of the 1st shipment
-e-mail copy of bank draft to Seller
-TTM, bring original and only release the original bank draft upon agreement to the contract, to provide Q88 and Crew List, the Seller will show PDA license and other document for due diligence and verification
-buyer and Seller sign the contract

√ Dip and Pay MT103 for each shipment are applicable
√ SGS inspection for Q&Q

NOTE:

1) Please note that the Seller do blending oil, Seller have mobile blending machine

2) Products to be ready between 10 working day after verification of the payment of the 10% commitment from the amount of the first shipment

3) The Seller are willing to negotiate for the terms of the payment of 10% commitment by:

- RWA via bank to bank, Seller start blending, Buyer arrange for Dip Test and Pay MT103 10% commitment deposit, rest of 90% upon delivery date of the first shipment

- Buyer readiness to issue BG/ SBLC.

4) The Seller can increased the amount of first shipment to 50,000MT

Please contact me:

Nizam Yahya
Mobile: +60176878726
E-mail: seaborne.nizam@yahoo.com/malayaprobunker@gmail.com