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Nairaland Forum / Nairaland / General / Business / Adverts / Ago: Cif Lagos/any Regulated World Port. (1690 Views)
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Ago: Cif Lagos/any Regulated World Port. by get2bboy(m): 1:12pm On Jul 04, 2008 |
Dear Sir, Here's another price from Our trusted seller who we have been working with, am direct with the seller's mandate, Review the Offer below; Diesel Fuel AGO (Low Sulfur D2) Flash point, degrees centigrade (Min) 66 Colour, ASTM ( Max ) 3.0 Total Sulphur, % wt. ( Max ) 0.3 Cloud point, degrees centigrade ( Max ) 4.4 QUANTITY and PRICE / CIF , Annual contract 25,000 MT ========$760 50,000 MT ======== $750 100,000 MT ========$740 200,000 MT ========$730 300,000 MT ======== $720 400,000 MT ======== $700 500,000 MT======== $690 ORIOGIN: Russia CONTRACT-TERM 12 month up to 36 month DELIVERY CIF Any regulated World Port. PAYMENT TERMS A. Payable at sight MT799 reserved, blocked and callable for one year ONLY (value for one month shipment, based on the surveyor’ s certification of quality and quantity of every shipment delivered). Documentary Letter of Credit issued by Irrevocable, Confirmed, Transferable and Revolving from PRIME BANK, payable 100% at sight by Buyer’s Bank against Full Set of Shipping Documents. B. Payable at destiantion By SWIFT MT103/TT/ or unnconditional RDLC transferable/callable/revolving (for value of every shipment delivered upon completion of discharge at Buyer’s port, based on the surveyor’s certification of quality and quantity of every shipment delivered) PBG 2% unconditional SBLC of the face value of the SWIFT conditional MT103/23 or DLC PENALTY In the event of non-performance by the Seller, after the receipt, verification and authentication of Buyer’s Pre-advice SWIFT for a) 2% PB, b) POP c) Product delivery, the Seller will pay within 35 days delivery time the Full Face amount of the shipment in the even the Buyer, after signing this FCO, fails in his commitment to SWIFT the Pre advice SWIFT, the Buyer pays the seller 50% of the face value within 15 days of signing the Contract PROCEDURES: A. Payable at sight 1) The buyer issues an Irrevocable Corporate Purchase Order (ICPO) with soft probe . 2) The seller issues a full corporate offer (FCO) to the buyer via email in word format 3) The buyer returns signed FCO via email in PDF format and receives a DRAFT CONTRACT from the seller via email in word format 4) The buyer returns signed DRAFT CONTRACT to the seller via email in word format 5) The seller signs draft contract and returns it to buyer via email in PDF format 6) The seller will issue to the buyer four original hard copies of the contract via courier to end buyer on the address as stated in contract. 7) Immediatley upon receiving the seller’s signed ans sealed hard copies of the contract via courier, the buyer will personslly sign and seal the 4 hard copies and return 2 (two) original by courier to the seller . ![]() a Non-operative Fully Transferable Irrevocable Letter of Credit 9) the seller will, within 10-14 (ten to fourteen) business days of receipt of an acceptable Non-operative payment instrument, issue bank to bank full pop and two percent (2%) PERFORMANCE BOND for the value of the payment instrument, for each monthly shipment 10) shipping will commence within 30-45 (thirty to forty five) days from date of seller’s receipt of the acceptable Non-Operative payment instrument B. Payable at destiantion 1) Buyer issues fresh LOI or ICPO 2) Seller issues FCO , Buyer signs, seals FCO by return email to seller for draft contract which is to be signed electronically by the corporate Buyer. 3) Seller signs and seals contract, lodges it with his bank, sends it to the buyer for his action with his bankers to send the Pre advice SWIFT conditional MT 103/23 (transferable, blocked and callable). A copy of the SWIFT dispatch to the Seller’s bank. 4) That within 3 banking days of receiving the Pre-Advice conditional MT103/23, seller to issue 2% Performance Bond in the form of a Cash Bond 5) The Buyer’s Bank on receipt the 2% Cash Performance Bond, will immediately lift the restriction of the Conditional MT103F23, thus making it an operative instrument . 6) That within 7 banking days of issuing 2%PB via MT103, seller to issue POP to the Buyer on an EDT basis by mutual agreement, Bank to Bank with copy to Buyer 7) After receipt of 2% Performance Bond, Buyer issues invitation to Seller to proceed to his destination for a TTM to sign Contract Original Copies and for TTM on shipping outlay and other relevant details. ![]() include Buyer’s name with assigned quantities. Seller loads the cargo and get ready with all documentation. 9) Payment will be effected based on the surveyor’s certification of quality and quantity. No payment will be affected for the last shipment, with the PB returned to the Seller. NOTE: They sell to Nigeria/Africa (CIF LAGOS) the buyer as well the bank must be in Europe or USA. (Buyer must be out of Africa) Let me know if your buyer is interested. Best Regards, Adekola J. Akinsunbo Managing Director Kaysa Oil & Gas Ltd. Email: inc@kaysaoil.com or kaysaoil@gmail.com website: www.kaysaoil.com M/Phone: +2348057456551 Skype: kaysaoil Yahoo IM: kaysaoil
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