SOFT CORPORATE OFFER

Transcription

1 TIN: ; CST: TACT TRADERS SERVICES AND SOLUTIONS 108, R.S Road; Perundurai ; Erode District; Tamil Nadu; India. Website: Phone: Skype:tacttrade SOFT CORPORATE OFFER Date: October 16, 2009 Validity: October, 2009 BEHALF OF: End Seller TO : End buyer We the Principal Seller, under Soft Cooperate Offer (SCO) / Full Corporate and legal responsibility, and under perjury of law, issue herewith the SCO, subject to further verifications and acceptance on the terms and conditions of the Purchase. CONTRACT- PRODUCT DETAILS Product: MAZUT GOST /99 -Nickel 29 / 49 Delivery: Proposed Base xxk or xxm/mt/month as in SPA Origin: RUSSIA Duration: TBA IN SPA, with possible monthly Rolls Loading Ports: Novorossiysk / Seller s choice Quantity Minimum 100,000MT / as per buyer s Interest Delivery: CIF/ FOB (As per Buyer s interest) Performance bond 2% Cargo survey SGS inspections Shipment Prompt shipment immediately upon acceptance of BG / SBLC. FIXED PRICE WITH LIMIT: Offer 1: GOST Nickel $245/USD235perMT with limit USD 360perMT GOST Nickel $250/USD240perMT with limit USD360perMT GOST Nickel $255/USD245perMT with limit USD360perMT GOST Nickel $260/USD250perMT with limit USD360perMT Offer 2: GOST N29 the price USD215/USD205perMT with limit Platt USD400perMT on CIF ASWP with three (3) month BG + TT Note: Price based on IFO 180 Platts limit on FOB Rotterdam. Above Limit Buyer must add dollar to dollar on the above base price. The guarantee base on current price not above limit USD360perMT but if the current price USD361perMT and the payment must plus USD1perMT..

2 PLATTS MINUS: Minus USD45/USD35 PER MT ON FOB BLACK SEA Minus USD35/USD25 PER MT ON CIF BLACK SEA Minus USD25/USD15 PER MT ON CIF ASWP FIXED PRICE; Offer 1: GOST USD310MT/USD300MT on CIF ASWP without limit with one (1) month BG + TT GOST USD320MT/USD310MT on CIF ASWP without limit with one (1) month BG + TT Offer 2: GOST N29 USD230perMT/USD220perMT without limit on CIF with 3 Month BG plus TT BREIF CLOSING PROCEDURES (no negotiations) 0. Buyer issues ICPO and NCNDA / IMFPA 1. SPA / CONTRACT after seal and sign by Buyer and Seller 2. Buyer SWIFT Bank Guarantee (BG) ICC 458/ Standby Letter of Credit (SBLC) ICC 458 / Letter Payment Guarantee (LPG) through MT Seller provides non operative 2% PB and Partly POP with to buyer bank 4. Buyer RE SWIFT guarantee Via MT 760 which makes operative 2% PB and seller provide Full POP to buyer bank. 5. Loading and Shipment 6. Payment will be done at unloading port / After each shipment via MT103/23 Guarantee for Shipment with BG/SBLC [Swift] & Payment for product with TT [Swift] Initial papers From Buyer: 1. ICPO should mention Buyer s Requirements, Banking Coordinates (Buyer s correspondence bank details if not under top 25 prime bank), Specifications; Seller s working Procedures, Buyer Company registration details and Guarantee TEXT VERBIAGE From Buyer bank,. 2. Price base on One (1) Month Irrevocable, Transferable, Unconditional and Assignable Guarantee from Top 50 Prime World Bank. If Non Transferable Guarantee Plus 30 USD per MT. The guarantee amount must issue additional guarantee for price increase every USD10perMT on Platts above Platts limit. 3. License/ Registration for the right of import / work with oil Products. 4. Past records will not be provided. If FOB less USD20perMT.

3 5. Irrevocable Purchase order with the acceptance of bank (ICPO) plus TEXT VERBIAGE BG cover by Bank Letter. Thanking you and hope to receive your favorable reply soon. Authorized by TACT TRADERS 0. Buyer Provides ICPO to seller DETAILED CLOSING PROCEDURES 1. Seller Issues FCO and buyer sign the FCO on the acceptance of the term and procedures 2. Seller provides Draft Contract to Buyer to revise and confirm by initial. Seller and Buyer exchange the signed and notarized contract via electronic mail, which shall be deemed legally binding and enforceable. 3. The Buyer s bank issues Standby Letter Credit (SBLC ICC 458) / Bank Guarantee (BG) / Letter Payment Guarantee (LPG)/ RDLC ICC 458 by swift (MT799) or to Seller s bank after both parties final and the signed contract. 4. Seller s Bank/Seller will provide 2% of PB with in 14 days.. Also Seller s Bank provide the /buyer s bank the Partly POP is within Working Days. Buyer RESWIFT Standby Letter Credit (SBLC ICC 458) / Bank Guarantee (BG) swift under MT760 for Full POP is within 5 to 7 days after the Seller s Bank receive, confirm and Acceptance of guarantee. POP shall consist of the following documents: Copy of License to export issued by the Russian Ministry of Energy Copy of Approval to export issued by the Russian Ministry of Finance Copy of Statement of Availability of the product Copy of Charter Party Agreement (s) to transport the product to discharge or Authority number, name of loading port contract number 5. Seller nominates the vessel and gives to the Buyer: Ship Name, Call Letters, Captain s name and a copy of the Charter Party agreement and ETA 6. Buyer provides Import Licenses to Seller 7. Buyer obtains Free In and Free Out permit of Seller s vessels at discharge port and Shipments commence according to the agreed contract. 8. RUSSIAN MAZUT GOST /99 -Nickel 29 / 49 delivered as per Contract CIF to buyer s designated port. 9. Payment will be done after each shipment via MT103/23 with in 5 7 days after Buyer discharge port after SGS or CIQ

4 SPECIFICATIONS Specifications of: RUSSIAN FUEL OIL [M-100 GOST 10585(75 Nickel 29] Specification of Heavy Fuel Oil MAZUT M100 GOST 10585/75 COMPONENT RESULT 1. Ash content, not more % Mass fraction of sulphur, not more % low - sulphur - residual oil 3. Temperature of the flash, not less C in the closed crucible In the open crucible C 110mm 4. The temperature of solidification, not hiaher C Kinematics viscosity at 50 C 118 max 6. Water content 0.5% 7. Mechanical impurities Lower than 0.1 % 8. Aciditv Lower than 5ma KOH/lOOml 9. Alkalinitv nil 10. Gross Calorific Value Kcal/kQ I KJ/ka Min9200/ Density at 15.0 dea. C Kall Hvdrogen Sulfide Content (H25) oom 0.5 max 13. Carbon Residua lower than 7% 14. Vanadium (V) ppm 30 max 15. Aluminium (AI) ppm Silikon (Si) ppm Nickel lni} DDm Asphaltenes m/m 3.6% 19. mm Ha Extracted to 760 mm Ha Initial Boilina Point dea. C 216 5% recovered dea. C % recovered deo. C % recovered dea. C % recovered dea. C % recovered dea. C % recovered dea. C % recovered dea. C % recovered dea. C % recovered dea. C - 90% recovered dea. C - Final Boiling point dea. C 550 Percent Recovered vol 78% Residue vol 22% Total Nitrogen m/m 0.192% Sodium (Na) ppm 15 Pantone 497 <=1.6

5 Specifications of: RUSSIAN FUEL OIL [M-100 GOST 10585(75 Nickel 49] COMPONENT RESULT Ash content, not more % 0.14 Mass fraction of sulphur, not more % low sulphur residual oil 0.5 Temperature of the flash, not less C in the closed crucible In the open crucible C 110 min 4. The temperature of solidification, not higher C Kinematics viscosity at 50 C 118 max 6. Water content 0.5% 7. Mechanical impurities Lower than 0.1% 8. Acidity Lower than 5 mg KOH/ 100ml 9. Alkalinity nil 10. Gross Calorific Value Kcal/kg / KJ/kg Min9200/ Density at 15.0 deg. C Kg/ Hydrogen Sulfide Content (H2S) pom 0.5max 13. Carbon Residua Lower than 7% 14. Vanadium (V) ppm Aluminum (Al) ppm Silicon (Si) ppm Nickel (Ni) ppm Aspartames m/m 3.6% 19. mm Hg Extracted to 760 mm Hg Initial Boiling Point deg. C 216 5% recovered deg. C % recovered deg. C % recovered deg. C % recovered deg. C % recovered deg. C % recovered deg. C % recovered deg. C % recovered deg. C % recovered deg. C - 90% recovered deg. C - Final Boiling point deg. C 550 Percent Recovered vol. 78% Residue vol. 22% Total Nitrogen m/m 0.192% Sodium (Na) ppm 15.

6 HEAVY FUEL OIL / MAZUT M100/GOST 10585/99 Nickel 29 COMPONENT RESULT 1. Ash content, not more % Mass fraction of Sulphur, not more % 0.5 Low- sulphur- residual- oil 3. Temperature of the flash, not less C in the closed crucible In the open crucible C 110 min. 4. The temperature of solidification, not higher C Kinematics viscosity Water content 0.5% 7. Mechanical impurities Lower than 0.1% 8. Acidity Lower than 5 mg KOH/ 100 ml 9. Alkalinity NIL 10. Gross Calorific Value Kcal/kg/ KJ/kg Min 9200/ Density at 15.0 deg. C Kg/I Hydrogen Sulfide Content (H2S) pom 0.5 max 13. Carbon Residual Lower than 7% 14. Vanadium (V) ppm Aluminum (AI) ppm Silikon (Si) ppm Nickel (Ni) ppm Asphaltenes m/m 3.6% mm Hg Extracted to 760 mm Hg Initial Boiling Point deg. C 216 5% recovered deg. C % recovered deg. C % recovered deg. C % recovered deg. C % recovered deg. C % recovered deg. C % recovered deg. C % recovered deg. C % recovered deg. C - 90% recovered deg. C - Final Boiling Point deg. C Percent Recovered vol 78% 21. Residue vol 22% 22. Total Nitrogen m/m 0.192% 23. Sodium (Na) ppm 15

7 Specifications of: RUSSIAN FEUL OIL [M-100 GOST 10585/99] QUALITY CERTIFICATE (ГОСТ Nickel 49) COMPONENT / ПОКАЗАТЕЛЬ RESULT / ЗНАЧЕНИЕ 1. Ash content (зольность не более) ) not more % Mass fraction of sulphur, not more % (доля серы группы не более) 3.Temperature of the flash, not less С In the 110 min closed crucible С In the open crucible С (температура вспышки в открытом тигле) 4.The temperature of solidification, not higher С 25 (температура застывания) 5.Kinematics viscosity (кинематическая вязкость) 118 х 10-6 max 6. Water content (содержание воды) 0.5% 7.Mechanical Impurities / Sediment Max 8.Acidity (кислотность) Lower than 5mg 9.Alkallnlty (щелочность) Nil 10.Gross Calorific Value Kcal/kg/KJ/Kg (теплота Min9200/41300 сгорания (низшая)) 11.Density at 15.0 deg.с Kg/ (плотность при 15 0 С) Hydrogen Sulfide Content (содержание H 2 S) 1.0 max 13.Carbon Residua (остаток углерода) Lower than 6/-1% 14.Vanadium (V) ppm (доля ванадия) Max 15. Aluminum (Al) ppm (доля алюминия) 5 16.Sillcon (Si) ppm (доля кремния) Nickel (Ni) ppm (доля никеля) Asphaltenes m/m (доля асфальтенов) 3.6% 19.Destilation mmhg Extracted to 760 mm Hg Initial Boiling Point deg.c 216 5% recovered deg.c % recovered deg.c % recovered deg.c % recovered deg.c % recovered deg.c % recovered deg.c % recovered deg.c % recovered deg.c % recovered deg.c 90% recovered deg.c Final Boilong point deg.c 550 Percent Recovered vol (восстановленный объем) 78% Residu Vol 22% Total Nitrogen m/m (доля азота) 0.192% 20. Sodium(Na)ppm (натрий) 15