RFQ Description
Tai Yang International Management Consultants Co.,Ltd4F-2No.910, Section 2, Taiwan Road, Xitun District, Taichung City,Taiwan ROC. Tel:+886 4 *******3 Mail: *******@*****.com: YUGNEFTTRANS LLCLoi No: TYIMC/LOI/190117ISSUED DATE: 19, 01, 2017VALID UNTIL: 19, 03, 2017LETTER OF INTENTDEAR SIRS,WE, Tai Yang International Management Consultants Co.,Ltd.AS THE BUYER, WITH FULL CORPORATE RESPONSIBILITY, UNDER PENALTY OF PERJURY, CONFIRM THAT WE ARE READY AND ABLE TO BUY THE FOLLOWING PRODUCT IN TERMS AND CONDITIONSSTATED BELOW:COMMODITYa. AVIATION KEROSENE COLONIAL GRADE 54 JET FUELb. Mazut 100 Gost 10585-75c. REBCO Gost 51858-2002ORIGINRUSSIANFIRST TRIAL QUANTITYa. JP54: 1,000,000-5,000,000 BBL per monthb. M100: 200,000 MT per monthc. REBCO: 2,000,000 BBL per monthCONTRACT LENGTH12 MONTHS;TARGET PRICE:TBDPAYMENT TERMSa. JP54: CI, DIP and Payb. M100: IDLC+TTc. REBCO: IDLC+TTDELIVERY:a. JP54: FOB ROTTERDAMb. M100: CIF Qingdao or Lanshan Port, Chinac. REBCO : CIF Qingdao or Lanshan Port, ChinaCOMMISSIONS:Seller pays CommissionSPECIAL CONDITIONS:1- THIS IREVOCABLE PURCHASE ORDER IS SUBJECT TO FINAL APPROVAL AND AGREEMENT BY BOTH SELLER AND BUYER AND ALL THE TERMS AND CONDITIONS HEREIN AS WELL AS THE SUBSEQUENT CONTRACT OF SALE INCLUDING ANY AMENDMENTS OR VARIATIONS THEREOF, ALL OF WHICH HAVE TO BE REDUCED IN WRITING AND SIGNED BY BOTH PARTIES HERETO.2- We understand that any transaction of purchase and sale, End Seller, must be able to ask for reference to our bank, for the full knowledge, that we can go ahead with our intention to purchase.We, the buyer authorizes and allow, to the Seller and/or to the Seller ?s bank, to ask for bank references about our solvency concerning the given transaction in our ICPO to name of the Seller, to our bankers, in our Bank, that here indicated, Bank Name: BANK OF PANHSIN, TAICHUNG BRANCH, regarding our funds or funding, in our Account Number **************, with the Swift Number BBBKTWTP, of which we are the Holders.The validity of this SOFT PROBE, of request of bank references to our bank, is only during the validity of this ICPO.THE BUYER:Tai Yang International Management Consultants Co.,LtdRepresented by: MS. GUO JIAHUI
