Dear Sir, RE: LETTER OF INTENT TO PURCHASE DIESEL GAS OIL EN590 10 PPM We hereby state and represent that it is our intention to purchase, and we hereby confirm that we are ready, willing and able to purchase the following commodity as per the specification and in the quantity and for the price as specified in the terms Show More...
Dear Sir, RE: LETTER OF INTENT TO PURCHASE DIESEL GAS OIL EN590 10 PPM We hereby state and represent that it is our intention to purchase, and we hereby confirm that we are ready, willing and able to purchase the following commodity as per the specification and in the quantity and for the price as specified in the terms and conditions as stated below. 1) Commodity: DIESEL EN590 10 PPM 2) Specification: AS ATTACHED 3) Origin: NON - RUSSIAN 4) Quantity: 100,000MT - 300,000 MT with R&E 5) Contract Period: 12 MONTHS 6) Price Target: Please specify 7) Delivery:FOB MALAYSIA Singapore ( CURRENT READY STOCK AT TANK STORAGE ONLY) 8) Payment: TT MT103 9) Inspection: SGS OR ANY EQUILEVANT 10) Valthis LOI: 3 DAYS PROCEDURE 1) Buyer issue ICPO after procedure and price agreed with SCO from seller. 2) MOU &CI from seller signed by buyer 3) Seller Prov with below document for buyer verification • POP document • ATV • ATS • Unconditional DTA • Injection Report • SGS Report (Full set) 4) Buyer perform Diptest and provfter successful Diptest 5) Buyer make payment MT103 after diptest report. 6) Injection to Buyer Tank. 7) Proceed with contractual purchaseQuantity:200,000-300,000-Metric TonFrequency:Monthly
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