We have Buyers who are Ready, Willing & Able to Purchase the following:
Product: Jet Fuel Grade 54 (Generic Colonial 54)
Origin: Middle East for US Client
Qty: 10 Million US Barrel per month for 3 years
Origin: Russian for European Client
Qty: 5 Million US Barrels per month for 3 years
Contract: 12 consecutive months wtih possible rolls/extensions of 24 addtl months
Delivery
Method: CIF ASWP inside customs out turn barrels
Cost, insurance and freight referred to Incoterms edition 2000 with amendments
Price: 3-day quotation reported by Platt´s Mcgraw Hill with the heading base closest
to the Buyer´s designated discharge port
Gross Discount: Gross US$ 0.035 per gallon
Net US$ 0.030 per gallon
Commission: 50 / 50 Buyer and Seller Side
Payment: Documentary Letter of Credit from a Prime Bank
Perf Bond: Seller will issue a 2% performance bond
Validity: 25th May, 2001 or subj. to prior purchase
