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Dear Sir/Madam:We are glad to receive your offer of petroleum products from Exporthub.We have 3-4 buyers in China want to buy M100/75 Heavy fuel oil.100,000 MT per month, in 2 shipments of 50,000 MT each month. 12 months contract. Buyer may require 300,000 MT X 12 months.Delivery is CIF China port.CIF China USAsk Buyer/MT. Net to Refinery.Buyer pays no commission to Buyer side or Seller side.Seller side commission paid by Seller or Refinery.Due to recent Iran-US Nuclear deal is finalized, large Iranian crude oil pour into International crude oil market, the oil price has dropped drastically. China Buyer are facing China domestic Mazut price reduction, as set by China Government. China Buyer importers are now paying CIF China USAsk Buyer/MT for M100/75 currently.Please confirm with your refinery this Buyer price, then we can move quickly to next stage to conclude the deal.NO UP-FRONT PAYMENT in any form is acceptable. Buyer only make payment AFTER shipment of product arrives China discharge port. And completes CIQ inspection.NO registration expense, courier service, XX% of freight cost, etc. These should all be included in CIF cost and paid AFTER shipment arrives China port.After contract signing between Buyer and Seller/Refinery, Buyer would issue fully operational 100% CIF value DLC to Refinery BEFORE the shipment of M100 leaves Russian loading port to China. DLC is payable by MT103 100% T/T Swift Cash AFTER shipment arrives and CIQ inspection completed at China discharge port. Buyer DLC is PAYMENT GUARANTEE for your shipment.The DLC (already paid by 100% T/T swift cash) will be kept in Seller-Refinery bank account for next shipment. This serves the purpose of IRDLC. Because China Banking system is NOT ALLOWED to issue the IRDLC.This process would repeat again and again until the completion of 12 months contract.If you accept USD160/MT CIF and above terms. We can quickly settle some other issues of mutual interest and to conclude a few deals.Buyer would issue ICPO to you with Refinery Procedure stated in your SCO. With the understanding in the final contract between our China Buyer and your Refinery, we may amend the CONTRACT procedure slightly. Please write to us DIRECTLY for more information. *@********************r SCO please.Mr. C. K. Hsu, Buyer Mandate. Pan Asia Consulting Engineers Ltd. USAeMail; panasia0123