Kerosene/Jet-A1, EN590/D2, Light Crude Oil

LETTER OF INTEREST for Kerosene A1, EN590/D2 and Light Crude Oil

Our Company has a Co-Mandate from the buyer, a registered company in Australia, (Bank: ANZ) hereby confirm that we are interested in purchasing the following products as detailed below if the terms and conditions are reasonable to us:

Commodity: Low Sulphur Gasoil / EN 590 / D2
Quality: low‐sulfur EN 590
Quantity: from 100.000 Mt/month – up to 300.000 Mt/month (with rolls and extensions)
First shipment: from 50.000 Mt up to 100.000 Mt
Contract duration: from 1 up to 3 years, or more
Price Gross: to be agreed
Commission: to be agreed
Loading port: Seller´s Option
Delivery: CIF Rotterdam

Commodity: Aviation Kerosene Colonial Grade 54 JET FUEL
Quality: Standard Export Quality A-1.
Quantity: from 1 up to 3 million bbls
First shipment: 1 million bbls
Contract duration: from 1 up to 3 years, or more (with rolls and extensions)
Price Gross: to be agreed
Commission: to be agreed
Loading port: Seller´s Option
Delivery: CIF Rotterdam
Procedure: to be agreed

Commodity: Light Crude Oil
Quality: Export standard quality
Quantity: from 2 up to 4 million bbls/month or more First shipment: from 1 up to 2 million bbls
Contract duration: from 1 up to 3 years, or more (with rolls and extensions)
Price Gross: to be agreed
Commission: to be agreed
Loading port: Seller´s Option
Delivery: CIF Rotterdam (or Western Europe)

Payment method: IRDLC, Irrevocable Revolving Documentary Letter of Credit of monthly value against 2% Performance Bond (both of them from a prime western bank)

PB: In sequence the Seller shall issue his PB (Performance Bond) of 2% monthly shipment amount in favour of the Buyer, making the Buyer’s non‐operative payment instrument operative.

I am looking forward for your offer. Thank you very much in advance for your quick reply.

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9 responses

  3. Dear Sirs,

    We have A1 available on FOB or Tank to Tank basis Rotterdam.
    1st lift 2m bbl, followed by 3m/month.

    If that is acceptable please let us know & we’ll talk more.

    Best regards

    1. Hello Sirs,

      Thanks for your offer.

      For Jet Fuel u can make Platts. As soon as u can offer to our client minus 5 net minimum and gross 7 or you can go higher? He’s interested.

      May I kindly ask you to send to the moderator of this platform the Tank Farm Name used in Rotterdam/ Houston to facilitate Tanks Ownership Swap?

      Thanks in advance,
      BRG

  4. Hi there, I have noted your requirements and can arrange offer of Light crude oil of Nigeria origin. The product. 2-4 million bbls/month, can be delivered to Rotterdam and the price per bbl will be calculated based on three days average (the day before, the day of and the day after) after completion of inspection as quoted for DTD Brent crude oil price published by McGraw Hill Market wire. The net discount to buyer will be US$ 6/bbl and there is a sum of US$ 4/bbl as commission to be shared by all parties involved. The payment guarantee must be an SBLC and payment for each cargo vial MT-103 upon receipt and inspection at the port of unloading. Sleer will post a 2% PB.

    Please confirm this would be interest so as to proceed further accordingly.

    Brgds

    1. Hi there,

      Many thanks for your message and offer.
      We informed our customer regarding your availability/offer and I hope to come back soon, with a response and/or proposal.

      Thanks again and let’s keep it touch,
      BRG

    2. Hello Sir/Madame,

      Thanks again for your offer regarding the crude oil.

      Unfortunately, our client doesn’t have storage/ tank farms in Rotterdam.

      He is still interested, but we will come back as soon as we are ready to purchase crude oil and the client has storage in Rotterdam.

      Thanks again and remain with best regards,
      BRG

    3. Hello Sir,

      Thanks again for your offer.

      We double check regarding the tank / storage availability, but so far our client doesn’t have in Rotterdam.

      I would like to keep in touch regarding the crude oil, and I hope to come back to you soon with good news, including our client availability of storage for crude oil in other locations than Amsterdam.

      With best regards and thanks again.

    4. Hi There, thank you for your message that is duly noted. Concerning the storage issue, I have been told that we may be able to help in this regard if that is needed to proceed on the transaction. This of course is subject to reconfirmation when and if your client decide to proceed.

      Thank you for your cooperation.

      Brgds.

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