COMMODITY JP54

COMMODITY                           JP54
     ORIGIN                                Russia

    QUALITY                            STANDART EXPORT SPECIFICATIONS
     CONTRACT QTY                  10.000.000 BBL / 1 MONTH

    CONTRACT PERIOD            60 MONTHS (2009 November to 2014 October)

    TERM                                 FOB ROTTERDAM (Tank)
     PRICE                                USD 39/33* BBL

    TOTAL QUANTITY               720.000.000 BBL per 72
    COMMISION                          USD 6.00/1 BBL (50% Buyer side, 50% Seller side)
    PAYMENT                               MT 103 or TT
    INSPECTION                         Societe Generale de Surveillance (SGS)

Total price 42 USD

The difference beetwen GROSS and NET is 6$.
In this case there is one NCND agreement and two IMFPAs. The first IMFPA is on 6$ (3$ Buyer Side / 3$ Seller Side). The second IMFPA is on 3$ for my immediatery group. So the final price for Your buyer is USD 33 (NET) + USD 6 COMMISSION + USD 3 COMMISION = USD 42 TOTAL PRICE

The procedures for this contract are simple and i paste it once again :

PROCEDURE FOR CONTRACTS: 

1. Buyer issues NCND and MFPA

2. Buyer sends ICPO with Soft Probe permission

3. Seller sends Full Corporate Offer ( FCO ) and draft Contract

4. Buyer signs FCO and sends to Seller.

5. Buyer and Seller sign contract

6.Seller sends Invoice and Tank receipt and Certificate SGS

7. Verification Tank receipt and Certificate SGS

8. Buyer – payment by Conditional MT 103  or TT

There are no exceptions from these procedures - this is command from my rafinery.
First we need to have NCND and both IMFPAs signed. Then You get draft ICPO with Soft Probe permission.

This is the only way to finalize this contract.
Today's price for JP54 is 90$, so with price that i offer You, You have to follow the procedures.