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    JOLLY JAYA SENTOSA
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    FCO CASPIAN-1

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    17 views8 pages

    Fco Caspian-1

    Uploaded by

    JOLLY JAYA SENTOSA

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
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    1 &TUWO rexapme xxcaey FULL CORPORATE OFFER No :1222/SIPATUWO-CASPIAN/FCO- EN5S90-SOPPM/V/2019 Date/Ref Buyer —_: CVII/052019/PTERE/LOI-01 Day/Data rriday , 10" May 2019 To Buyer ‘aspian Ventures International Inc. Represented by _ : Mdm. ROSE MARIE M. LIM, R. Ph. Title : VICE PRESIDENT / COO/ Managing Director Address : Suite 109, Westgate Suites, Bldg.286, Sampson Road, Central Business District, Subic Bay Freeport Zone (SBFZ) Subic Bay Metropolitan Authority (SBMA),Subic, Zambales. Company Reg. _: CS201841899. Telp. + (+63) 916 629 0350; (+63) 917 820 6668. Email + caspianventureinc@gmail.com or manalo lim@yahoo.com From Seller : PT. SIPATUWO Represented by: Mr. Iskandar Title : CEO/President Director Head Office : Jkt Puri Bintaro PB 35 No 30,Sektor 9, Bintaro, Tangerang. Selatan,Indonesia. Phone /Fax + 082162008533 Email : sipatuwo989@gmail.com Dear Madam, We, PT. SIPATUWO represented by Mr. Iskandar in my capacity as CEO/PRESIDENT DIRECTOR, On behalf of the Russian End Seller with full corporate responsibility and authority hereby approve and confirm an assignment of allocations of refined petroleum products for sales/supply with full legal & corporates responsibility, under the penalty of perjury to Caspian Ventures International Inc. , of an availability of RUSSIAN DIESEL GAS OIL GOST 305-82 ULTRA-LOW SULPHUR SOPPM on C I F - Contract sales. The Sales & supply is guaranteed to meet the specifications and to pass the stringent requirements of SGS or its equivalent. All negoti ill be strictly held, directly with Buyer /Buyer's authorized representatives. - Origin + RUSSIAN FEDERATION = CONRACT DURATION: LIFTABLE-SPOT, EXTENTION PRODUCTION FOR 1 (one) YEAR - COMMODITIES + RUSSIAN DIESEL GAS OIL GOST 305-82 ULTRA- LOW SULPHUR DIESEL SOPPM, 50,000 MT - (To be delivered in ‘two vessels of 25,000 MT each), with a term contract of 12 month. ‘OFFICE : GEDUNG KSU SEJATIMULIA. JI RAYA RAGUNAN NO 81, JATIPADANG PASAR MINGGU Paraf Buyer JAKARTA SELATAN 12540" Paraf Seller EMAIL : sipatuwo989@gmail.com 1PATUWO recap exccey - DELIVERY BASIS : CIF, FIP INCOTERMS 2010 - DESTINATION COUNTRY : The Destination Shall Be Port of Subic, Philippines. - PAYMENT ATTRIBUTES : MT760 SBLC / MT103 (TT). Bank to Bank without any upfront or advance = INSPECTION : SGS/INTEREK OR EQUIVALENT INDEPENDENT SURVEYOR CONTRACT QUANTITY 50,000 MT per Mont, - (To be delivered in two vessels of 25,000 MT each), with a term contract of 12 month. ~ PRICE +: US$ 350 CIF - ASWP - LOADING PORT : CIF-PRIMORSK, UST-LUGA/Vladivostok or Port of Nakhodka. Option Seller Port. - SPECIFICATIONS. + Please consider attached specifications CIF (COST, INSURANCE & FREIGHT) TRADING PROCEDURES: 1, The Buyer issues LOI/ ICPO to the Seller. 2. The Seller issues FCO to the Buyer, the Buyer signs the Buyer's Acceptance Letter. :0 and returns it accompanied by 3. Seller issues Draft Contract for the Buyer to countersign upon acceptance of Seller's terms and conditions and returns to Seller including NCNDA/ IMFPA of all Intermediaries involved in the transaction. 4. The Seller confirms Final Contract at own expense, notarizes it, and submits partial POP to the Buyer (via email) as follows: COMMITMENT LETTER TO SUPPLY THE PRODUCT. COMMODITY TRANSACTION PASSPORT (TRANSFER CERTIFICATE). SANITARY COMMERCIAL INVOICE, FINAL NOTARIZED SPA COPY. SELLER'S REGISTRATION CERTIFICATE Poop 5. The Seller, at own expense, signs CPA with shipping/logistic company and alerts the Buyer of shipment’s ordered graphic/ schedule accompanied with a submission of nominated Vessel details to the Buyer. OFFICE : GEDUNG KSU SEJATI MULIA. JI. RAYA RAGUNAN NO 1, JATIPADANG PASAR MINGGU Paraf Buyer ‘JAKARTA SELATAN 12540 Paraf Seller EMAIL : sipatuwo989@gmail.com L Sd vO ipPatuwO TREADING ENERGY 6. Upon shipment schedule announcement, the Buyer’s bank within five (5) working days shall swift DLC MT700 or SBLLC to the Seller's bank, and the Seller’s bank. responds with contractual operative 2% performance bond (2% PB) and issues full POP to the Buyer's bank within twenty-four (24) hours since the Buyer's instrument is already confirmed by the Seller's bank. 7. After the Seller’s bank receipt of the Buyer's LC, loading commences within 5-10 days. If the Buyer fails to issue agreed instrument within said five (5) working days, as an alternative provision, within seventy-two (72) hours, the Buyer shall immediately pay agreeable one percent (1%) of shipment value via TT-Wire to the Seller’s Logistic Company or Escrow governing to guarantee restoring chartered performance and rectification to ordered shipping graphic, and the agreed one percent (1%) will later to be deducted from product's Invoice payment value. 8. Upon successful confirmation of quality and quantity by SGS, CIQ or equivalent at destination port, the Buyer makes payment by MT103 to the Seller and Seller pays commissions to all Intermediaries involved in the transaction as per NCNDA/IMFPA. (OFFICE : GEDUN€ KSU SEJATIMULIA. JL RAYA RAGUNAN NO 81, JATIPADANG PASAR MINGGU Paraf Buyer JAKARTA SELATAN 12540 Paraf Sel EMAIL : sipatuwo989@gmail.com Cb) ww IPAT pwO ‘TREADING ENERGY RUSSIAN DIESEL GAS OIL GOST 305-82 ULTRA-LOW SULPHUR DIESEL SOPPM rest Density Color Distillation @ 90% Recovered Kenematie Viscosity @400¢ Sulphur Carbon Residue (109 Residue) Flash Point ‘otal Acide Number Strong Aeld Number Water By Distilation Ash Cetane index Pour Point Sediment by Extraction Copper Corrosion PRODUCT SPECIFICATIONS: METHOD ASTM SPEC ast 4052-96 REPORT ast p1298.99 REPORT ast 0130098 25Max ‘ASTM D86-00a 370Max ASTM 445-97 1558 astm 02622.98 (2.0020.004%=x ast 04294403 03Max ast¥ 4530.00 0.1Max ast 093-00 min ast 0974-97 0.25Max ast 0974.97 Nit ASTM 095-99 05Max ASTM 482-002 001max ‘ast 0976-00 ain ASTM 097-96 +15Max ASTM 0473-95 o01mex astm 0130-98 Max utr Kg o MgKO/e MgKoUt/g ‘avol awe oc wi RESULTS, ossa3 110 369.7 4.0(eypical) 0.002 03

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