D2 FOR SALE SPOT CONTRACT
Available: D6, totally 3000.000.000 Gallons from 3 ports (Rotterdam/Houston/Honolulu), 1 contract for 12 months. Direct liftebalbe 1000.000.000 Gallons
Product Specifications D2

ANSWERS:

F.O.B. ROTTERDAM/AMSTERDAM UNDER BP GT&C'S: READY FOR IMMEDIATE LIFTS FIVE (5) TO TEN (10) DAYS AFTER RECIEPT OF DOCUMENTARY LETTER OF CREDIT OR FUNDS ESCROWED TO OUR ATTORNEY'S IOLTA ACCOUNT.

IF FOB: PRICE FORMULA: N.W.E. PLATTS (+) $6.00USD PER METRIC TON

IF CIF: PRICE FORMULA: N.W.E. PLATTS (+) $12.00USD PER METRIC TON DELIVERED TO ANY MED PORT

PRODUCT: FUEL OIL # 6 - (STRAIGHT RUN)

LOADING PORT: VENEZUELA
QUANTITY:
UP TO 110,000 BARRELS EVERY 35 DAYS
QUALITY:
STANDARD SPEC AS SPECIFIED BY THE BUYER ADDENDUM “A”

DELIVERY TERMS:
COST, INSURANCE AND FREIGHT, “C.I.F.”

LOADING DATE RANGE:
THE FIRST LOADING SHALL TAKE PLACE PROMPT FROM ACCEPTANCE/RECEIPT DATE OF BUYER'S FUNDS IN ATTORNEY’S ESCROW ACCOUNT FOR 100% OF THE CARGO VALUE.

LOAD DOCUMENTS FOR PRESENTATION:
a. COMMERCIAL INVOICE
b. CERTIFICATE OF QUALITY
c. CERTIFICATE OF QUANTITY
d. BILL OF LADING “FREIGHT PREPAID”
e. CERTIFICATE OF ORIGIN

DISCHARGE PORT:
TO BE ADVISED BY BUYER
PRICE FORMULA:
USGC PLATTS MARKETSCAN + $2.00 PER BARREL.
PAYMENT TERMS:
ATTORNEY ESCROW IOLTA ACCOUNT AS PER ADDENDUM “B”

INSPECTION COSTS:
SURVEYOR COMPANY INTERTEK SHALL BE APPOINTED AT DESIGNATED LOADING TO ASSESS THE QUALITY AND QUANTITY OF THE CARGO ACCORDINGLY. THE INSPECTION COST INCLUSIVE

CONTACT MR GEORGE NEWTON Tel 2347042803902 Email newkelsonbuildingmaterials@live.com