(Product Code: ANG-C003/PC)

PETROLEUM COKE RUSSIA ORIGIN CIF ASWP

Origin: Russian Federation

Quantity:

Minimum: 50,000 Metric Tons Per Month

Maximum: 400,000 Metric Tons Per Month

Incoterms: CIF ASWP

CIF Price: Gross USD 50.00 Per MT / Net USD 40.00 Per MT

Contract Term: 12 Months Minimum (With Rolls and Extensions)

Payment Term: MT103 covered by BG/SBLC via MT760 or DLC MT700

Inspection: By SGS/CIQ

Specification:

Humidity: 7% Max..

Ash: 1.5% Max.

Sulphur: 5% Max.

Volatile Materials: 15% Max.

Water Soluble Substance: 1% Max.

Silicon and Iron: 0.1% Max.

Superior Caloric Power: 8,200 Kcal/Kg Min.

CIF TRANSACTION ROCEDURE

1. Buyer issues Irrevocable Corporate Purchase Order (ICPO) addressed to the Seller Refinery along with company profile and Buyer’s passport.

2. Seller issues the draft SPA for Buyer's review and signing.

3. Seller legalizes and registers the contracts with insurance company and notarizes it with the appropriate Authorities of the ministry of energy along with the below PPOP document.

a) Product Quality Passport-Quality Certificate

b) Certificate of Product Origin

c) Product availability

d) Commitment letter to supply the product from Ministry of Energy

e) ATSC

4. Buyer’s bank issues MT199 to Seller’s nominated bank informing readiness to issue agreed financial Instrument (SBLC/DLC). Buyer’s bank in accordance with Seller’s verbiage shall issue SBLC/DLC within six (6) working days for first shipment’s value to Seller’s financial bank to enable Seller commence loading of product with the shipping company. Seller to finalize loading within six (6) working days.

But if Buyer fails to issue SBLC/DLC within six (6) working days, as an alternative provision Buyer pays $250,000 to Seller nominated RUSSIA insurance company within seven (7) days, which will be deducted from the product’s invoice value of product at destination port.

5. After confirmation by Seller’s bank, Seller at own expense, charters with shipping/logistic company and alert Buyer on shipment ordered graphic/schedule accompanied with submission of nominated Vessel details to Buyer.

6. Seller’s bank responds with contractual operative 2% PB and full POP to Buyer’s bank within seventy two (72) hours since Buyer’s instrument confirmed by Seller’s bank.

a) Copy of the Port Storage Agreement

b) Copy of the CPA, to Transport the Product to Discharge Port

c) Vessel Q88

d) Original BL (full set)

e) Copy of SGS Report

7. Upon successful product confirmation against SGS/CIQ Report of Quality and Quantity at destination port, Buyer makes payment by MT103.

8. Seller and Buyer, within seventy two (72) hours, Seller pays commissions to Seller’s side and Buyer pays Buyer’s side intermediaries involved in the transaction.

Note:

- Prices are subject to change without prior notice.

- Procedures are non negotiable.

For inquiry, please contact us for proceed further.