LETTERHEAD  OF  BUYER  

  REPSOL  YPF  

LETTER OF INTENT
We, CLIENTE Nº3 (hereinafter referred as “the Buyer’s) acting with full and corporate responsibility, that we are ready, willing and able to enter into a contractual agreement with Seller on the Sale Of Product (defined below) for the Quantity (defined below) on the following terms and conditions: Commodity : DIESEL GAS D2 LO.2/62-GOST 305/82 Quantity :2.000.000 BBLS x 12 months. Price per BBL: PLATT NWE MINUS USD 15 GROSS / USD 10 NET per BBL Delivery Port : FOB PORT CARTAGENA O MUSKIZ (Vizcaya) Total Quantity: 24.000.000 BBLS Products Origin: REPSOL YPF Payment : LETTER OF CREDIT Loading Port :To be designated by the seller Inspection :: SGS Banking Details Bank Name: XXXX Bank Address: XXXXX Account No. (USD) Swift Code XXX-XXXX Bank Officer Xxxx Bank Phone No. 12345 Bank Fax No. 12345 Account Name: Xxxxxx Soft Probe Allow Xxxxxxxx

 

LETTERHEAD  OF  BUYER   Payment and Procedure: 1) 2) 3) 4) 5) 6). The validity of this LOI can be extended upon mutual written agreement between the Buyer’s and Seller’s. Signed and sealed by and onbehalf of: Xxxxxx Name: Xxxxx Title: Xxxxx . This LOI valid forfourteen (14) working days from the date of issue in above.