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FLSI LLC - ICPO EN590 To BETUL MULTITRA - 231013 - 094215
FLSI LLC - ICPO EN590 To BETUL MULTITRA - 231013 - 094215
We the undersigned Buyer’s, First Look Strategic Investments LLC (“FLSI LLC”, hereby confirm with
full legal and corporate responsibility and under penalty of perjury that we are ready, to purchase the
commodity ULTRA LOW SULFUR DIESEL EN590 in the quantity and for the price as specified in the
Terms and Conditions stated below. This representation is made with full corporate authority and also
responsibility of the below stated buyer.
TERMS OF TRANSACTION
PRODUCT ULTRA LOW SULFUR DIESEL EN590
SPECIFICATIONS STANDARD GOST, REVISION 2013
ORIGIN LEGAL
SPOT QUANTITY ONE TIME 400,000 METRIC TONS IMMEDIATELY
CONTRACT QUANTITY 400.000 METRIC TONS PER MONTH / 5.4 MILLION MT PER YEAR
CONTRACT PERIOD 12 MONTHS WITH ROLL AND EXTENSIONS
INCOTERMS FOB ROTTERDAM / HOUSTON
SPOT PRICE USD $460 Net per MT. $480 Gross per MT
CONTRACTED PRICE USD $480 per MT. +/- 10% / MT.
PAYMENT TERMS MT103 WIRE TRANSFER; PAYABLE IN US FUNDS UPON
SUCCESSFUL VERIFICATION OF SGS/INTERTECK INSPECTION
REPORTS AND TRANSFER OF PRODUCT TO BUYERS WESSEL(S).
CONTRACTED PAYMENT BY REVOLVING SBLC (STANDARD
SBLC VIRBIAGE SUPPLIED BY BUYER’S BANK).
INSPECTION SGS/INTERTECK, DEEP TEST IN TANK(S) or ON WESSEL BY
QUANTITY AND QUALITY
SEE PAGE 3
PRIVATE BANKING:
1. Buyer issues and send irrevocable corporate purchase order (ICPO) with buyer's transaction procedure along
with Company registration and passport copy of the company representative.
3. Seller issues CI structured to execute the deal through Tank to Vessel, Vessel to Vessel, Vessel takeover.
4. Upon successful verification of documents and SGS report by Buyer’s team, Buyer commences dip test in Sellers’
tank or Vessel, if need be for more confirmation.
5. Buyer sign and Return CI and provides valid vessel information Q88 from its logistics company to Seller to
proceed with the injection of fuel into Buyer’s vessel.
6. Upon confirmation of product Q&Q, Buyer makes payment by MT103 or TT wire transfer for the total product
available.
8. Seller copies to Buyer the Logistic payment invoice received for the injection fee from the Seller's Tank or Vessel
into Buyer's Vessel or Buyer takes over Seller’s Vessel.
NOTE : MT103 for the agreed payment amount is due as timely contracted after
buyer’s verification of product & vessel information. No exceptions.
NOTE : Only first payment will be pre-advised.
NOTE : Contracted payment will be by Unconditional, Irrevocable MT103, Fed Wire or SBLC.
In awaiting your Commercial Invoice, Fresh SGS & Tank/Vessel info, we remain sincerely yours,
SIGNED & SEALED on this 10th. day of October 2023 For and on behalf of:
FIRST LOOK STRATEGIC INVESTMENTS LLC
______________________________
Shamim J. Ahmed, Esq., CEO.
Country: USA