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.