AndesComex SpA is offering to sell 500,000 barrels of fuel oil from Curacao to Port Parana, Brazil. The price per barrel would be CIF USD$ Platt - USD 2 per barrel. Payment would be made via wire transfer upon successful inspection and testing of the oil. The transaction procedures involve the buyer issuing a letter of credit, commercial invoices being signed, inspection being done, product being injected upon passing dip test, and payment being made before the buyer lifts the product.
AndesComex SpA is offering to sell 500,000 barrels of fuel oil from Curacao to Port Parana, Brazil. The price per barrel would be CIF USD$ Platt - USD 2 per barrel. Payment would be made via wire transfer upon successful inspection and testing of the oil. The transaction procedures involve the buyer issuing a letter of credit, commercial invoices being signed, inspection being done, product being injected upon passing dip test, and payment being made before the buyer lifts the product.
AndesComex SpA is offering to sell 500,000 barrels of fuel oil from Curacao to Port Parana, Brazil. The price per barrel would be CIF USD$ Platt - USD 2 per barrel. Payment would be made via wire transfer upon successful inspection and testing of the oil. The transaction procedures involve the buyer issuing a letter of credit, commercial invoices being signed, inspection being done, product being injected upon passing dip test, and payment being made before the buyer lifts the product.
AndesComex SpA is offering to sell 500,000 barrels of fuel oil from Curacao to Port Parana, Brazil. The price per barrel would be CIF USD$ Platt - USD 2 per barrel. Payment would be made via wire transfer upon successful inspection and testing of the oil. The transaction procedures involve the buyer issuing a letter of credit, commercial invoices being signed, inspection being done, product being injected upon passing dip test, and payment being made before the buyer lifts the product.
Download as DOCX, PDF, TXT or read online from Scribd
Download as docx, pdf, or txt
You are on page 1of 4
Ref. No: TERRA-\FUEL OIL-180619\000193-B.
Subject: SCO DATA: JUNY 11, 2019.
Soft Corporate Offer
Mr. José María Baldez Mercadotrade Brazil We, AndesComex SpA confirm with full legal and corporate responsibility, and under the responsibility of perjury, we are ready to intercede informing you as regards the sale of fuel oil fuel product in the quantity and for the price, as specified in the terms and conditions that are detailed below. This representation is carried out with full authority in the organization and also the responsibility of the vendors who have informed us previously.
COMMODITY: FUEL OIL N0. 6 424 cSt Tipo B
PORT ORIGIN: CURAZAO, CURAZAO DESTINATION: PORT PARANA, BRASIL DISPATCH: 500.000 BARRELS SPOT (WITH EXTENTION 12 MONTHS) PRICE OF BARREL: CIF USD$ PLATT – USD 2 PER BARREL INSPECTION: SGS OR SIMILAR PAY: MT 103 WIRE TRANSFER
TRANSACTION PROCEDURES DIP AND PAY:
1. BUYER ISSUE ICPO CONTAINING THE SELLER'S WORKING PROCEDURE WITH BANKING DETAILS AND SCANNED COPY OF BUYER'S PASSPORT ALONG WITH "TSA", “TSR’, “POF” AND BUYER COMPANY CERTIFICATE OF INCORPORATION. 2. SELLER ISSUES COMMERCIAL INVOICE OF THE PRODUCT IN TANKS AT THE PORT, TO BE
SIGNED BY BUYER AND BUYER'S LOGISTIC AND TO BE RETURNED BACK (COMMERCIAL INVOICE) TO SELLER AFTER COMPLETED. 3. SELLER ISSUE TO BUYER PPOP LISTED BELOW: • Q88 • INJECTION REPORT • DIP TEST AUTHORIZATION LETTER (DTA) • AUTHORIZATION TO VERIFY THE PRODUCT (ATV) 3. BUYER INSPECTS BY SGS ON BUYER’S EXPENSES. 4. UPON SUCCESSFUL DIP TEST, PRODUCT WILL IMMEDIATELY BE INJECTED INTO BUYER'S TANKS. BUYER MAKES PAYMENT FOR THE PRODUCT VIA MT103/TT. 5. BUYER LIFTS PRODUCT AND ALL INTERMEDIARIES ARE PAID AND SELLER AND BUYER CONSIDER AND SIGNS FURTHER CONTRACTS AFTER SUCCESSFUL TRANSACTION.