SLCO

Quantity Order:

STANDORA OIL
622 SALEM AVENUE
DAYTON OH 45406
USA
TEL: 937 648 1533
FAX: 240 214 8771
stadoraoil@inbox.com
SLCO MONTHLY AVAILABLE
30,000,000 BBLS. - 100,000,000 BBLS.
(1) product name: Saudi light crude oil
(2) origin: Kingdom of saudi arabia
(3) quantity:30 - 100,000,000 million barrels by 36 months.
(4) price: Based on "dubai platt's oil marketwire published posted price"
(5) discount: Gross discount usd6 per barrel, net discount usd4 per barrel.
(6) delivery: FOB or CIF
(7) specification:
Api gravity 33-34
Sediment content 0.1
ASTM stabilised gravity 34.5
Wax-wt percent 2.9
Vanadium ppm v200 11.0
Gross heating value 19.23
Reid vapour pressure 2.0
Salt content, ppm nacl 3.8
Sulphur, wt percent 1.5 max
Ash, ppm 1.0
Comp, carbon residue, wt percent 3.1
Viscosity, cp 55.0
Pour point 35.0
Contract procedure and details:
1. Buyer submits LOI with Banking Information and Soft Probe Permission.
2. Seller issues Full Corporate Offer (FCO).
3. Buyer aacept FCO, confirmed by signed and seal on the FCO, then reply with an Irrevocable Corporate Purchase Order (ICPO) with full banking details, Refinery Numbers, Letter of Authority to th full banking detail, ARAMCO Registration Numbers, Refinery details, Letter Of Authority to Represent the Refinery to ARAMCO and arrange for contract Allocation, confirmation of Funds Letter (Annexure 111) & Letter of Authority to verify.
4. Seller issue DraftContract for Buyer's review.
5. Buyer sign and seal and returns the signed Contract to the Seller for signature.
6. After verification of the above by the Seller, the Seller issues 6 Hard Copy Originals and sends to Buyer by DHL.

Recommend to your friends