COMMODITY: KAZAKHSTAN AVIATION KEROSENE COLONIAL GRADE "54" JET FUEL (GOST
10227-86)
ORIGIN: KAZAKHSTAN REPUBLIC
QUANTITY: 1,000,000 BBL FIRST TRIAL SHIPMENT & 2,000,000BBL X 12 MONTHS WITH R&E
CIF PRICE: $90.00 USD GROSS/ $87.00 USD NET PER BBL
FOB PRICE: $87.00 GROSS/$84.00 NET PER BBL
COMMISSION: $3.00 USD PER BBL TO BE SHARED 50/50 BY BOTH SIDES
LOADING PORT: TURKMENISTAN/CASPAIN PORTS
DELIVERY: CIF ANY SAFE WORLD PORT (ASWP) & FOB ROTTERDAM/HOUSTON
PAYMENT TERMS: MT DLC-MT700/SBLC-MT760/MT103/TT WIRE TRANSFER FOR CIF
TRANSACTIONS).
INSPECTION: SGS/CIQ OR EQUIVALENT.
PERFORMANCE BOND: 2% PB PAYABLE BY SELLER TO ACTIVATE BUYER'S PAYMENT
INSTRUMENT
(ONLY CIF TRANSACTIONS).
INSURANCE: 110% INSURANCE COVERAGE PAYABLE BY SELLER COVERING THE PRODUCTS
TILL
POINT OF DELIVERY TO THE BUYER, THIS APPLIES TO ONLY CIF CONTRACTS.