Commodity: Diesel 50ppm
Quantity: 25 000 MT SPOT +/- 5 every 2 weeks
Port of loading: FOB Novorossiysk, Russia
Price formula: Platts Barges FOB Rotterdam under heading “ Diesel 50ppm” minus a Discount of 5 USD per Metric Ton
Buyer issues ICPO with Soft Probe permission.
The Selle’s Bank (Emirates NBD Bank) conclude the Soft Probe.
Seller issues Contract, Buyer amends if required, signs, seals and returns.
Seller finalizes signs and seals Contract and returns to Buyer
Seller provides POP as:
1) Commercial invoice.
2) Tank Receipts.
3) Deep Test Authorization Letter.
Buyer conduct deep test within 72 hours Maximum
Upon the successful verification Buyer issues MT 103 covered 100% of Product vaule within 2 banking days
Buyer issues Q88
Terminal issues LAYCAN
The Seller is responsible of Product transfer to the Buyer’s Vessel
We also represent our sanction to Bank of the Supplier (Seller) EMIRATES NBD NANK to make inquiry of our solvency concerning the given transaction (« Soft Probe ».) ref to the ICPO Code xxxxxxx, to that we authorize ours bank during since 25th of June 2012 till 1st of July 2012 to give the necessary information (« Soft Probe»). The given document provides the legal basis for the Seller's transfer of these terms and parameters for preparing of the draft contract and shall become an integral part of the future contract and valid for up to 10 days from the date presented to the Seller.
APPENDIX №-1. SPECIFICATIONFOR RUSSIAN
Euro Diesel Fuel 50ppm (EN 590:2004)
GOST R 52368-2005
ПРИЛОЖЕНИЕ №-1. СПЕЦИФИКАЦИЯ НА РОССИЙСКОЕ дизельное топливо ЕВРО 50ппм (ЕН 590:2004) ГОСТ Р 52368-2005
Cetane number, min 51
Cetane Index, min 46
Density at 15 ° C, kg/m3, max 820-845
65% distils at a temperature not exceeding 250
96% distils at a temperature not exceeding 360
Kinematic viscosity at 40 ° C 2,0-4,5
The sulfur content in mg / kg for fuel type II is not more 50
Flash point in closed crucible, Cо,not lower 55
Coking of a 10% distillation residue,% (by mass), not more 0,3
Ash content,% (by mass), not more 0,01
The water content is absent
The total pollution is absent
Corrosion of copper plates (3 h at 50 Cо) Class 1
Oxidative stability: the total amount of sediment, g / m3, not more 25
Lubricity: adjusted diameter of the wear at 60 Cо, microns, not more 460
The content of methyl esters of fatty acids,% (by volume), not more 5 С
Filterability temperature limit, Cо, not higher -5