Mazut M100 (gost 10585-75/99) 

COMMODITY:              RUSSIAN MAZUT M100 (GOST 10585-75)  

ORIGIN:                        RUSSIAN FEDERATION

QUANTITY:               50,000 MT FIRST TRIAL SHIPMENT & 50,000 MT X 12 MONTHS WITH R&E 

CIF PRICE:              $195.00 USD GROSS/$185.00 USD NET PER MT

FOB PRICE:              $185.00 USD GROSS/$175.00 USD NET PER MT

LOADING PORTS:          PRIMORSK/KOZMINO/VLADIVOSTOK/NOVOROSSIYSK

DELIVERY:               FOB ROTTERDAM/HUSTON & CIF ANY SAFE WORLD PORT (ASWP)

PAYMENT TERMS:         DLC/SBLC/MT 103/TT FOR THE VALUE OF THE GOODS

INSPECTION:             SGS/CIQ OR EQUIVALENCE AT BOTH LOADING AND UNLOADING PORTS

PERFORMANCE BOND:       2%PB PAYABLE BY SELLER AGAINST BUYER’S DLC INSTRUMENT ONLY CIF CONTRACT

INSURANCE:              110% INSURANCE COVERAGE OF THE PRODUCT PAYABLE BY SELLER TO COVER THE PRODUCTS FROM RUSSIAN PORT TO BUYER’S NOMINATED DISCHARGE PORT ONLY CIF CONTRACT

COMMISSION:                   $10.00 USD PER MT TO BE SHARED 50/50 BY BOTH SIDES