IMMEADIATE NEED N+A NAPHTHA FOR CHINA PORT
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REF: N+A NAPHTHA
DATE: MAY 3, 2004
Letter of Intent to Purchase N+A NAPHTHA
We, Opportunity8 Financial Procurement, with full legal and corportate responsibility vested in this office, do hereby confirm that we represent the interests of end-buyer of N+A Naphtha in China, are ready, willing and Are ready, willing and able to purchase the following product.
Commidity: N+A Naphtha
Origin: Seller option
Quantity: 1.2 million MT 12 months contract
Delivery: 100,000 MT to be delivered in tow shipments each month of 50,000 MT each shipment x 2 for 12 months with rolls and extensions.
Packing: In first class bulk carrier
Unit Price: Please quote your best price, CIF one safe port, one safe berth, China
Specifications: Seller submlt specifications together with FCO/contract (reference specifications can be sent on request )
Payment: By irrevocable, confirmed, fully funded, non-transferable, divisible documentary Letter of Credit to be issued and confirmed by an AA or better rated Prime Bank payable at sight upon presentation of document at counter of the negotiating bankl
BY:___Rev. Conrad Johnson _______________Authorized Signature
Printed Name-Rev. Conrad Johnson