Saudi Light Crude Oil (Offer to Buy)

Lakmitek Enterprises

Trade Lead Description: Commodity Saudi Light Crude Oil 2.Origin Saudi Arabian 3.Quality Standard export specification 4.Quantity per month 50 – 100 million barrels (About 25 - 50 shipments per Monthly) 5.Quantity per year 600 - 1200 Million barrels 6.Contract period 120 months with possible extension 7.Delivery CIF China main port (Dubai Listing Price COD) 8.Currency USD 9.Price Based on Dubai Platt oil market Wire published posted price (3 days average price) 10.2% PBG Seller 2% PBG of shipment value 11.Payment: Payment via Non Transferable Revolving Documentary Letter of credit (RDLC) covering half month shipment, value to be issued from one of the world top 25 banks. The shipments are 100% payable at sight via partial payment through said RDLC. 12.Port of departure As per Seller 13.Inspection Seller and Buyer mutually agree that SGS or an internationally recognized first class Independent Surveyor Company shall be appointed at both designated Loading and Discharge Ports, to assess the Posted from India - Tamil Nadu on 19 November, 2009   Type of Offer: Offer to Buy Quantity: Not Specified Packaging: Not Specified Price / Incoterms Conditions: Not Specified Company Name: Lakmitek Enterprises  Contact Person: Gopalan Viswanathan Location: India - Tamil Nadu Hotels in Tamil Nadu, India Companies from India Trade Leads from India Products from India Classification: Chemicals - Petroleum Products: Fuel Oil