• date_rangePosted On :   Sep 08' 2005
• location_cityCity :   Queensland
• languageCountry :   Australia
• content_pasteEnquiry No. :   5090861

We are seeking a contract for Russian CPC blend
(api 47) on a CFR basis to the port of trieste, Italy.

Our buyer is a Europe top 25 company with own
refineries. BCL's are not required and won't be
provided. We will detail buyer after ncnd agreement
is completed.

We require the seller to provide FCO (on producers
letterhead - unsanitised). Our buyer will do credit check
on producer before entering into any contract.

Offer details:
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Product: CPC blend
Origin: Russia, loading out of Novo Black Sea, CPC terminal.

Incoterms: CFR port of Trieste, Italy.

Qty:130,000 MT per month (to be carried in a single cargo).

Term:12 months

Pricing: Platts crude oil marketwise, mean of "CPC blend
CIF med" quotation.

Discount: Gross usd5.00/net usd4.00
Commission:50:50 (buyers side closed)

Ship: Must be acceptable to Trieste terminal.
Must be less than 15 years old, double hull and terminal
approved.

Payment:30 days after b/L ( bl date = 0)
Inspection:50/50 at load port.
Demurrage: At destination at charter party rate.

Law: UK high court - no arbitration
Gt&c's: Inco terms 2000