TERMS AND CONDITIONS:
Common Procedures: Procedures shall be in accordance with the chronological procedures and rules promulgated by
Russian Chamber of Foreign trade Export Control Authority, for sale and purchase of crude oil and petroleum products
in the Russian Federation. All products are of Russian Origin the maximum quantity for all new buyers must not be
above 100,000 to 200,000 metric tons first shipment trials.
Stamps and signatory are obligatory for every issued irrevocable corporate purchase order or Letter of Intent.
Quantity must be according to our maximum and minimum capacities of delivering as well be agreed by the seller and
markups shouldn’t exceed USD$ 10.00 (Ten US Dollars). Inspections; SGS, CCIC, CIQ or similar at the expenses of the
refinery before loading.
The terms of payment of the product can be a nontransferable, non divisible documentary letter of credit or a bank
guarantee against telegraphic wire transfer swift payment against products documents after inspection at buyer
discharge port, or an irrevocable, confirmable swift wire transfer via mt103/23 against products documents after
buyer confirmable/final text inspection at the discharge port or stand by letter of credit. «SBLC». Proof of products.
(POP) Must be issue from the refinery via curial services up on receipt buyer’s endorsement draft contracts. Buyer will
delight to receive an official invitation letter from the refinery together with full POP documents via curial services
after the signing the contract for visiting the refinery site in Russian and sign the hard copies contract for
commencement of loading.