• date_rangePosted On :   Dec 15' 2014
• location_cityCity :   
• languageCountry :   Cameroon
• content_pasteEnquiry No. :   B-132537

We need crude under these terms and conditions
The procedures for the purchase of light crude API of + 37 and better, preferable + 40/41 - 47. Quantities from 150,000 - 1 million barrels per month. Possible increase to 2 - 3 Million BBLS per month if agreed before. In case of crude from the USA we also pick up the crude oil and we arrange shipping. When we do so another Brent will be counted, this is WTI discount shall be based on WTI with an average of 3 days of the bill of lading date ( 1 day plus, b/l date, one day less). Kindly let us have specification and storage receipt at your earliest convenience.
Delivery Term: CIF Rotterdam out-turn-barrels (or DES).
Discount to be based on North Sea Brent (NWE)
Payment against out-turn-barrel by T/T secured by a coverage letter of a European major
The term "DES" has recently been replaced by the term "DAT" (Delivered at
terminal).