US Refinery-USLD Production Contract

Fuel Offer:  70,000 MT x 12 (approx. 21 million gallons) ULSD (10PPM) 12-month Production Contract

 

 

Manufacturer:  

Delivery:            5-7 days 1^st lift, to Houston Port

Price:                  US South Gulf Coast PLATTS +$0.01

NOTE: This price includes $0.02 Buy-side commission to be paid by Buyer Bank

 

 

Initial Procedure for Major US Refinery Production Contracts

 

1/ (Potential) Buyer provides its company profile and Letter of Intent (LOI) on Company Letterhead and banking information (bank name)

2/ Seller issues soft corporate offer, indicating the price, possible terms of delivery, options for quantity commodity and terms of payment.

3/ Buyer provides to the Sellers 's bank (bank to bank) with confirmation of the buyer's solvency. 

4/ Seller issues FCO and provides confirmation of the Seller's ability to supply requested commodity /POP

5/ Buyer issues ICPO

6/ Seller provides to Buyer with the draft contract, parties negotiate and sign it.

7/ Buyer submit Letter of Credit to Seller. 

8/ Seller will delivery as per refinery delivery schedule and will arrange in accordance with Buyer's logistics

9/ Buyer perform Q&Q and pays via Letter of Credit or Bank wire transfer MT103

10/ Contract continues for the agreed monthly quantity...

 

 

NOTE:  US Seller Refineries typically will allow dip test in their tanks and provide a 10-day line of credit after Buyer SBLC

EORU Fuel International LLC-Houston-Rotterdam-FOB-CIF

D2-D6-Jet Fuel +More Upon Request

Houston Rotterdam

info@eorufuel.com Skype:ehomkt61

We work with Direct Buyers and Sellers

Refinery-Titleholder-Allocation Holder

Hedge Funds-Majors

Authorized Mandates/Reps.

All POF Verification Done Attorney to Attorney

To Work with Us Send CP, RQF 

NO Brokers

SCO Russian Fuel

Limited Supply
Prices Subject To Change

SCO-Russian Fuel

Limited Supply
Prices Subject To Change

Simple Procedures-Must Follow Exactly No Exceptions

Below are the procedures that we need verbally confirmed.  

Once Buyer is ready to Proceed-Buyer should provide CP, fuel desired, location and Specs. If 
standard run specs, product might be readily available in tank. 

A. ) If buyer accepts procedures verbally, then proceed to B.) Below:
(NOTE-If buyer accepts procedures verbally and then tries to change the 
Procedures on the call with seller-it will be a very quick call)

B.) Buyer and Seller can have a Direct Call "Or" proceed directly to C.) 
Below:

C.) Buyer provides the Following to Seller:

1.) Name and address of buyer
2.) Name and address of bank
3.) Name of Buyer signatory.

D.) Seller will then send buyer the summarized contract and POF template 
via Bank to Bank Swift.

E.) Buyer signs summarized contract and completes POF and sends via 
swift back to sellers bank. Bank to Bank.

F.) Seller will then Swift back Bank to Bank POP docs to Buyer.

G.) From there all closing steps are handled by the banks, bank to bank.

H.) SBLC requires to secure contract

FOB Russian Fuel

Limited Supply
Prices Can Change At Any Time

CIF Procedures-Russian Fuel

Limited Supply
Price Subject to Change At Any Time

Worlds Top 50 Banks

BANK NAME	COUNTRY
1.  Industrial & Commercial Bank of China Ltd., Beijing	CHINA
2.  China Construction Bank Corporation, Beijing	CHINA
3.  BNP Paribas SA, Paris	FRANCE
4.  Agricultural Bank of China, Beijing	CHINA
5.  Bank of China Limited, Beijing	CHINA
6.  Deutsche Bank AG, Frankfurt am Main	GERMANY
7.  Barclays PLC, London	UK
8.  Credit Agricole SA, Paris	FRANCE
9.  Japan Post Bank Co. Ltd., Tokyo	JAPAN
10.  The Bank of Tokyo-Mitsubishi UFJ Ltd, Tokyo	JAPAN
11.  JPMorgan Chase Bank National Association, New York	USA
12.  Societe Generale, Paris La Defense,	FRANCE
13.  The Royal Bank of Scotland Group PLC,	UK
14.  BPCE, Paris	FRANCE
15.  Banco Santander SA, Boadilla del Monte	SPAIN
16.  Sumitomo Mitsui Banking Corporation, Tokyo	JAPAN
17.  Mizuho Corporate Bank Ltd, Tokyo	JAPAN
18.  Bank of America NA, Charlotte	USA
19.  Lloyds TSB Bank, London	UK
20.  Wells Fargo Bank NA, San Francisco	USA
21.  China Development Bank Corporation, Beijing.	CHINA
22.  Citibank NA, New York	USA
23.  HSBC Bank PLC, London	UK
24.  UniCredit SpA,	ITALY
25.  UBS AG, Zurich,	SWITZERLAND
26.  ING Bank NV, Amsterdam	NETHERLANDS
27.  Bank of Communication Co. Ltd., Shanghai	CHINA
28.  Credit Suisse AG, Zurich	SWITZERLAND
29.  Bank of Scotland plc,	UK
30.  Rabobank Nederland, Utrecht	NETHERLANDS
31.  Nordea Bank AB (publ), Stockholm	SWEDEN
32.  The Norinchukin Bank, Tokyo	JAPAN
33.  Intesa Sanpaolo SpA, Milan	ITALY
34.  Credit Agricole Corporate and Investment Bank, Paris	FRANCE
35.  The Hongkong and Shanghai Banking Corporation Limited, Hong   Kong	HONG KONG
36.  The Toronto-Dominion Bank, Toronto	CANADA
37.  Royal Bank of Canada, Montreal	CANADA
38.  Banco Bilbao Vizcaya Argentaria SA, Madrid	SPAIN
39.  Postal Savings Bank of China Co Ltd,	CHINA
40.  Commerzbank AG, Frankfurt am Main	GERMANY
41.  National Australia Bank Ltd, Melbourne	AUSTRALIA
42.  The Bank of Nova Scotia, Toronto,	CANADA
43.  Natixis, Paris	FRANCE
44.  Commonwealth Bank of Australia, Sydney	AUSTRALIA
45.  Standard Chartered PLC, London	UK
46. China Merchants Bank Co Ltd	CHINA
47.  Australian and New Zealand Banking Group Limited,	AUSTRALIA
48.  Westpac Banking Corporation, Sydney	AUSTRALIA
49.  Kreditanstait fur Weideraufbau (KfW), Frankfurt am Main	GERMANY
50.  Shanghai Pudong Development Bank Co. Ltd.	CHINA