Fco 02-2024 Gar4600 Bens-Korindo

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Reference : Buyer`s REQUEST on Date: January 15, 2024

Company :-
Date : January 17, 2024
To : KORINDO GROUP
Cc :-

LETTER OF FULL COOPERATE OFFER ( F.C.O.)


No. 002.FCO-BENS.I-2024
Dear Sir,
We, PT. BARA ENERGI NAGA SUKSES (SELLER) from INDONESIA, hereby state that we are ready, willing and able to
supply the following product as per specification and in the quantity as specified in the terms and conditions as
stated below.

COMMODITY, QUANTITY AND DELIVERY


1.) Commodity :Indonesia Steam Coal
2.) Country of Origin :South Kalimantan, Indonesia
3.) Price based on :FOB BARGE BASIS.
4.) Order Quality :7,500/MT +- 10% Per Month , GAR ARB 4600 - 4400 Kcal/Kg
5.) Loading Port :At Jetty STU in South Kalimantan
6.) Discharging Port :Any Port(s), in INDONESIA.
7.) Contract Period` : 12 Month

Commodity : Steam Coal


Grade : GAR ARB 4600 - 4400 Kcal/kg
Price FOB BARGE Basis : IDR 780.000,00 /MT (seven hundred and eighty thousand rupiah /MT )
First Trial Order Quantity : 7,500 MT +- 10% X 12 Shipment
Laycan Date : Of January 2024
Delivery Arrangement : First Trial Shipment Load by (7,500/MT +- 10% X 1 Shipment), Next Shipment
7.500 MT +- 10% x 11 Month
Loading Port : In Jetty STU, South Kalimantan - INDONESIA
Country of Origin : Indonesia
Packing : In bulk Barge

Term of Payment : 1. 30% when the contract is signed.


2. 60% when cargo is loaded onto the barge.
3. 10% when documents are complete.

Term of Price Price FOB BARGE based : IDR 780.000,00 ( GAR ARB 4600 - 4400 Kcal/Kg ), the
price is fixed for first 2 months, and it is adjustable after the third month

Term of Delivery and : First Trial shipment : 7,500 MT +- 10% GAR ARB 4600 - 4400 Kcal/Kg
Shipment Term : Shipment 10 Days After Down Payment.
Vessel Arrangements
The freight will be paid by buyer and arrangement Barge to loading point in Jetty,
East and South Kalimantan, Indonesia

Loading Laycan January, 2024


Barge DWT : Each Shipment Loading 7,500/MT with anchorage point water draft
level: 15 meter up

Surveyor Inspection The quality Inspection by CCIC INDONESIA and PT. TRIBHAKTI INSPEKTAMA at
loading port
Noted / Remark : - THE VALIDITY OF THIS FCO IS 2 DAY AFTER RECEIVED BY THE BUYER AND SIGNED
AND STAMPED BY THE BUYER.
: - THE CONTRACT AND DLC PROCESS WILL BE CARRIED OUT WITHIN 2 DAYS AFTER
THE FCO IS RETURNED TO THE SELLER FROM THE BUYER WITH THE BUYER'S
SIGNAGE AND STAMP.

For the full duration of the Contract, the quality of Steam Coal to be supplied shall meet the specification as follow:
MAIN PARAMETERS TYPICAL REJECTION

Gross Calorific Value (ARB) 4600 kcal/kg < 4400 kcal/kg

Total Moisture (ARB) 30% ≥ 30%


Inherent Moisture (ADB) 20.3% No Rejection
Ash Content (ADB) 8% ≥ 10%
Volatile Matter (ADB) 35% - 42% No Rejetion
Fixed Carbon (ADB) By Difference No Rejection
Total Sulphur (ADB) 0.70% ≥ 1%
HGI 38 - 55 No Rejection
Size 0-50 mm Approx 90% No Rejection

Thank you for your attention and looking forward to have further cooperation with your company.

(Acknowledge /
Agreed) BUYER : SELLER :
KORINDO GROUP PT. BARA ENERGI NAGA SUKSES

…………………………………………………………… ……………………………………………………………
Name: Mr. ……………………… Name: Ms. YUNITA VERONICA
Signature and Seal Signature and Seal
Date: January……., 2024 Date: January 17, 2024

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