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SEEKING BUYER FOR COMMODITY: D2
QTY: 100K/MT x 12 contract
Price: Platts with discount ($30USD Gross, $20USD Net) $5 USD seller side (closed) $5 USD buyer side (open)
Delivery term: FOB

PROCEDURES:
SELLER issues FCO, after receipt of required: Quantity, Product and Buyers full details.
BUYER issues ICPO
BUYER accepts Draft Contract and signs copy of Draft after any amendments or modifications, and returns to seller.
SELLER issues verifiable proof of product (POP) to BUYER.
Proof of Product documents shall include:
a. Certificate of Origin
b. Product Statement from Storage
c. Storage Quality and Quantity Saybolt or equivalent (SGS)
d. Rail Agreement
e. Port Storage Agreement
f. Port Service Agreement
g. Port Quality and Quantity Saybolt or equivalent (SGS)
h. Ownership Title, Eurasian Trading Company, LLC
i. Export License issued by Ministry of Energy.
j. Export Approval.
k. Refinery commitment.
Buyer upon successful verification of the above POP, issues an SBLC, or BG , bank-Guarantee for (1) month valid for one year and one month (13 months). Seller titles and issues in buyers name Custom and State Declaration documents within 4 days of Buyer posting BG instrument. Fuel is then in buyers name and fully insurable and sellable at this time to Buyers exit. 

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