PETROLEUM TRADING / COMMODITY Soft Corporate Offer & Terms /Policy of Export Ref nr: ANGST-RSNFT/OFFR/15-1/15-7/14 Date: 15th January 2014 Expires: 15th July 2014 Authorized by: Mr. Fyodor Serdynk - Director contact person: Arbak / arbakmohdyassin@yahoo We, Angarsk Rosneft Refinery Russia, with full legal corporate authority and under penalty and perjury, hereby confirm our interest and that we are ready, willing and able to Sale the products as described below and enter Sales and Purchase Agreement with the buyer. Below is our export procedure: Payment: Terms of Payment to be agreed upon by the Buyer and Seller Proof of fund: Cash back POF via MT799, BG or SBLC Incoterms: CIF/FOB Inspection: SGS,CCIC or Similar by Seller Country of origin: Russian Federation Commission Structure: Buyer/Seller sides 100% of commission per Metric tons/Per Barrel. Contract period: spot with roll of extension for 12 consecutive months, upon success of spot shipment Destination: ASWP Commission: Buyer side USD$ 20 & $30USD per MT/ BBLS(depending on the product) and zero for seller side Shipping period: within 31 days from the date of confirmation of LC. Price: See below Product: Mazut M100-75, D2, LNG, D6 & JP54 1-Buyer agree to seller´s procedures and issue ICPO with a bank reference letter from buyer´s bank stating their readiness to issue either POF via MT799, BG or SBLC & to follow all terms & conditions of Seller. 2-Seller issues Draft Contract negotiated and electronic format contracts signed and then Hard Contracts will be signed and exchanged if requested. Buyer shall sign contract and return with a notorized letter of acceptance stating to issue either POF via MT799, BG or SBLC, also be notarized by buyer´s country´s public Notary and Ministry of Justice in Buyer´s country. 3- Upon receipt of signed Contract, Seller shall give 3 working days to buyer to issue POF ( PROOF OF FUNDS) via MT799, BG, or SBLC, as concluded by buyer but in an agreed format by seller, covering the cost of one (1) month spot shipments if spot or 12 months shipment, to (…….) Seller´s title owner´s Bank in favor of the title owner of the product( refinery´s) subsidiary company ………. , who is the title owner of the product as refinery´s act as sellers on behalf of the title owner (……….). Due to the fact that refinery´s that refines product in Russia Federation do not export in their name. Confirmation of the issued either POF ( PROOF OF FUNDS) via MT799, BG or SBLC will give the seller comfort before seller/title owner borne charges for notarized/ endorsed of contract by various ministries in charge and payment of full taxation charges to various Russia ministries in charge of legally endorsing full POP documents for oil and gas products. NOTE: Seller Borne 100% of all charges it will cost to deliver product to buyer destination port POF (PROOF OF FUNDS) via MT799, BG or SBLC confirms the Buyers Financial ability to perform as refinery´s act as sellers on behalf of the title owner(………..) . Due to the fact that refinery´s that refines product Russia federation do not export in their name. 4-Upon confirmation of buyer´s issued instrument above, Seller issues a non-operative 2% Performance Bond in favor of Buyer and partial POP to Buyer´s bank . Partial POP to include the following: a- Mutual Agreement Document b- Letter of Affirmation from the Ministry of Justice c- Corporate Guarantee/Addendum d- Attestation of Allocation from the Ministry of Energy e- Certificate of Origin issued and endorsed by Government f- Product passport g- Certificate of allocation from reserve issued by ministry of Solid minerals &natural resources. 5- Within 25-30 days Loading &delivery commences, as per quantity been purchased as schedule in the contract. 6- 100% payment within 5 banking days for each delivery upon the issue of a CIQ/SGS certificate at discharge port, via TT if the CIQ certificate is not issued within 5 Banking Days from arrival of the vessel. The seller has the right to draw down from the Banks instrument against the SGS report at loading. 7- Seller´s Bank Swift to Buyer´s Bank the Full POP and upon Receipt of buyer´s T/T payment at discharge port and Dip Test & SGS Report at Loading. PLEASE NOTE: WILL ONLY CONSIDER ICPO WITH BANK REFERNCE LETTERS WHICH SHOULD STATE: WE………….BANK WITH ………..ADDRESS STATESTHAT OUR CLIENT …….(COMPANY) RUNS A VERY ACTIVE ACCOUNT WITH US AND COMPETENT TO FINALIZE THE TRANSACTION WITH YOUR COMPANY FOR THE PURCHASE OF OIL PRODUCT, AND UPON OUR CLIENT (BUYER) REQUEST WE ARE READY TO ISSUE EITHER POF VIA MT799,BG OR SBLC ( ACCORDING REFINERY´S ACCEPTED VERBIAGE ) TO (SELLER) REFINERY´S SUBSIDIARY COMPANY WHICH WILL BE NOMINATED BY SELLER, WITHIN 3 WORKING DAYS OF RECEIVING AND SIGNING CONTRACT WITH SELLER. Products & Prices: Mazut-100 Gost 1058575 Origin: Russia Quantity: 2,000,000mt Maximum of 120,000mt – 150,000mt ( 12 months contract only) ( For increase of product quantity, it is upon successful delivery of first contract buyer shall be permitted to sign a new contract to increase product quantity) Tank Farm Location: Angarsk Rosneft refinery village Irkutsk region, Russia Federation. Refinery Price: Gross $470.00USD/Net $440.00USD Term: CIF/FOB ASWP CONTRACT DURATION: 12 months contract Destination: ASWP RUSSIAN D2-D2 DIESEL GAS OIL L-0,2-62 GOST 305-82 Origin : Russia Quantity: 2,000,000mt Maximum of 120,000mt-150,000mt ( 12 months contract only) (For increase of product quantity, it is upon successful delivery of first contract buyer shall be permitted to sign a new contract to increase product quantity) TANK FARM LOCATION: Angarsk Rosneft refinery village Irkutsk region, Russia Federation. REFINERY PRICE: Gross $570.00USD/NET $540.00USD TERM: CIF/FOB ASWP Contract Duration: 12 month contract Destination: ASWP RUSSIAN JP54-JET FUEL JP54 AVIATION KEROSENE COLONIAL GRADE JP54 Origin: Russia Quantity : 20,000,000 bbl Maximum of 500,000bbls – 1,500,000 Barrels (12 months contract only) (For increase of product quantity, it is upon successful delivery of first contract buyer shall be permitted to sign a new contract to increase product quantity) TANK FARM LOCATION: Angarsk Rosneft refinery village Irkutsk region, Russia Federation REFINERY PRICE: GROSS$82,00 /NET$80,00 USD Term : CIF/FOB ASWP CONTRACT DURATION: 12 months contract Destination: ASWP Other products available: D6 VIRGIN LNG, LIQUIDIFIED NATURAL GAS / LPG PAYMENT TERMS : PAYMENT TERM ACCEPTABLE : T/T/ MT103, for each shipment, 5 Working days after delivery at discharge port. PROOF OF PRODUCTS Proof of Product: Seller issue via swift below Full POP Documents to End Buyer after Signed Hard Copies Contract and POF : 1-Copy license to export, issued by the department of the ministry of energy 2-Copy of approval to export, issued by department of the ministry of justice. 3-Copy of availability of product 4-Copy of the refinery commitment to produce the product. 5-Copy of Transnet contract to transport the product to port of loading 6-Copy of the port storage agreement 7-Copy of charter party agreements to transport the product to discharge Port 8-Bill of Lading 9- Copy of tank receipt 10-Registered contract and allocation passport certificate issued by ministry of energy. NOTE: The original hardcopies of the POP documents including the SGS Certificate or CIQ Clearance Certificate will be handed over to the buyer´s representative by the vessel Captain at the discharge port. POINT TO NOTE: We Angarsk Rosneft is the only subsidiary of rosneft is not allowed to do individual deals only government to government deals, we are not allowed to export directly, all our refined product as exported through our mother company Rosneft who like I said do only government to government deals, hence we export through our subsidiary companies all over the world, the product we export are compensation. Product given our general director as compensation and to the development of our region in Russia federation, hence in this transaction our subsidiary company is in charge of all bank to bank communication, refinery only act as sellers legally as product is stored inside the refinery storage facilities and refinery is still also in charge to bring product to buyer´s destination port.
Posted on: Thu, 30 Jan 2014 05:01:48 +0000
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