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LOI - Petroleum FZC
LOI - Petroleum FZC
I the undersigned of ***. Ltd Singapore a company established in 2012, represented by Mrs. ***
“Director” do hereby confirm with full legal corporate responsibility and under penalty of perjury that
we are Ready Willing and Able to purchase the commodity in the Quantities specified below on behalf
of our customers.
This Representation is made with full corporate authority and responsibility of the above-named
company whilst our banking is managed dependent on the product origin and location.
QUANTITY: QUANTITY:
COMMODITY PORT
SPOT PURCHASE MONTHLY FOR 12 MONTHS
FUJAIRAH 200,000 MT 500,000 MT
EN590-10PPM JURONG 200,000 MT 200,000 MT
ROTTERDAM 400,000 MT 400,000 MT
Jet A1 ROTTERDAM 2 million BBL 4 million BBL
TERMS OF
METHOD OF DELIVERY: TERMS OF PAYMENT:
TRANSPORTATION:
Tank to tank/ Tank to Vessel MT103, T/T WIRE (within 7 banking days)
FOB
COMPANY INFORMATION
Company Name: *** LTD
Registration Number: *****
Contact No and Mobile +***
Contact person in charge: ***
For financial status we will provide an Authorization to Verify through our bank manager to your bank
manager for the value of product to be lifted. We do not issue any documents related to banking other
than direct bank verification.
I hereby with authority sign the below document ensuring we have the capacity and capability to
purchase product on Spot and long term as resellers and would like to have the best offered price points
either Platts- on long term or refinery prices so that we are able to manage the expenses downstream
providing it to the end buyer.
***
Director - ***
(Mobile: +94 *******, Email: ***@gmail.com)