Sell JET FUEL JP1 (CP54)

no image You May Also Be Interested In: jet fuel jet fuel colonial grade 54 jet fuel jp54 kerosene jet kerosene jet fuel
30,000000 BARRELS PER MONTH (360 000 000 BARRELS PER YEAR /ORIGIN:RUSSIA
TERM:12 MONTH(WITH POSSIBLE EXTENSIONS)
DELIVERY: CIF, AGREES INCOTERMS 2000
PRICE: The price shall be determined by reference to the average of the three (3) days around the B/L date (the day before, the day of Bill of Lading and the day after) . Rates to be referred to the average quotation as reported by Platts Europe Marketscan wire publication official quotation under the heading Cargoes CIF MED Genova/Lavera against Jet Fuel JP54
PAYMENT: Irrevocable, Confirmed, Revolving, NON-Transferable, Divisible Documentary Letter of Credit, issued by a prime Bank (First Class Bank TOP 25)
Proof of Product information including:
 Copy of License to export issued by the Russian Ministry of Energy.
 Copy of Approval to export issued by the Russian Ministry of Justice.
 Copy of Statement of Availability of the product.
 Copy of Refinery Commitment to produce the product.
 Copy of the Transneft Agreement for transport of the product to loading seaport.
 Copy of the Port Agents Agreement for seaport handling.
 Copy of Charter Party Agreement(s) to transport the product to discharge ports.

Guarantee of Delivery: 2% Performance Bond
DISCONT: Discount USD 0.40 per gallon and Net Discount USD 0.035 per gallon.
INSPECTION: SGS or Similar independent company at the loading port. The cost of that is to account of the Seller.
VALITY: 3 banking days.

PROCEDURES:
1. The Buyer signs the contract and provides it to the Seller together with BCL. The Seller/Sellers Bank not later than 5 (Five) international banking days from date of the Execution of the Contract shall issue to the Buyer complete Proof of Product and a non-operative 2% Performance Bond to be activated by the DLC.
2. The Buyer shall, not later than 5 (Five) international banking days after issuance of the Non-Operative Performance Bond and verification of the Proof of Product, shall issue the Irrevocable, Documentary Letter of Credit, for a MONTHLY delivery cover of 30,000,000 (Thirty Million) barrels +/- 5% value opened AUTOMATICALLY monthly, from TOP 25 prime European Bank. The Letter of Credit will activate the Performance Bond. Letter of Credit payable at sight at the counters in Buyers bank.
3. Seller sends 6 signed and sealed Hard Copies of the Contract by express courier to the Buyer. Buyer returns 3 signed and sealed Hard Copies of contract by express courier to the Seller. Hard Copies of the Contract are submitted to their respective Banks.
4. Banking costs will be for the account of each party. The Seller will bare the cost for the confirmation of the DL/C if such information is requested.
5. Should any amendments to the L/C-be requested, once the instruments has already been issued, then the party requesting the change will be responsible for the payment of the related costs, unless changes are needed to construct the instrument in compliance with The Agreement, then the costs shall be borne by the faulting party.
6. The Seller shall issue the first cargo delivery confirmation and date.
7. The Seller shall issue to the Buyer before 72 hours of delivery the Cargo name, cargo quantity, cargo size, cargo-Deep, cargo nationality, captain name, etc. , and dates, of delivery on the loading port




Proof of Product information including:
 Copy of License to export issued by the Russian Ministry of Energy.
 Copy of Approval to export issued by the Russian Ministry of Justice.
 Copy of Statement of Availability of the product.
 Copy of Refinery Commitment to produce the product.
 Copy of the Transneft Agreement for transport of the product to loading seaport.
 Copy of the Port Agents Agreement for seaport handling.
 Copy of Charter Party Agreement(s) to transport the product to discharge ports.
PROCEDURES:
1. The Buyer signs the contract and provides it to the Seller together with BCL. The Seller/Sellers Bank not later than 5 (Five) international banking days from date of the Execution of the Contract shall issue to the Buyer complete Proof of Product and a non-operative 2% Performance Bond to be activated by the DLC.
2. The Buyer shall, not later than 5 (Five) international banking days after issuance of the Non-Operative Performance Bond and verification of the Proof of Product, shall issue the Irrevocable, Documentary Letter of Credit, for a MONTHLY delivery cover of 30,000,000 (Thirty Million) barrels +/- 5% value opened AUTOMATICALLY monthly, from TOP 25 prime European Bank. The Letter of Credit will activate the Performance Bond. Letter of Credit payable at sight at the counters in Buyers bank.
3. Seller sends 6 signed and sealed Hard Copies of the Contract by express courier to the Buyer. Buyer returns 3 signed and sealed Hard Copies of contract by express courier to the Seller. Hard Copies of the Contract are submitted to their respective Banks.
4. Banking costs will be for the account of each party. The Seller will bare the cost for the confirmation of the DL/C if such information is requested.
5. Should any amendments to the L/C-be requested, once the instruments has already been issued, then the party requesting the change will be responsible for the payment of the related costs, unless changes are needed to construct the instrument in compliance with The Agreement, then the costs shall be borne by the faulting party.
6. The Seller shall issue the first cargo delivery confirmation and date.
7. The Seller shall issue to the Buyer before 72 hours of delivery the Cargo name, cargo quantity, cargo size, cargo-Deep, cargo nationality, captain name, etc. , and dates, of delivery on the loading port
Sincerely yours,
_Michael Bielak________
Mr. Michael Bielak, President





ANNEX 1
SPECIFICATIONS FOR RUSSIAN ORIGIN AVIATION KEROSENE JET FUEL COLONIAL GRADE 54
ADDITIVES
Antioxidant in hydro processed fuel mg/l Min 17
Max 24
Antioxidant non hydro processed fuel mg/l max 24
Static dissipater first doping ASA-3 mg/l max 1
Stadis 450 Mg/1 Max 3
COMBUSTION PROPERTIES
Specific energy, net mj/kg min 18.4 D4808
Smoke point mm min 19 D1322
Luminomitter number min 45 D1740
Naphtalenes %vol max 3 D1840
PROPERTY UNIT RESULT TEST-IP METHOD ASTM
Composition
Total Acidity mg KOH/g max 0.01 354 D3242
Aromatics %vol max 22.0 158 D1318
Sulphur, Total %mass max 0.30 107 D1266/D622
Sulphur, Mercaptan %mass max 0.003 342 D3227
Doctor, test 30 D4952
VOLATILY
Initial Boiling Point Centigrade max Report 123 D96
10% vol at C 240
20% vol at C Report
50% vol at C Report
80% vol at C Report
End point Centigrade max 300
Recovered recidules %vol max 1.5
Loss %vol max 1.5
Flash Point Centigrade max 42 170/303 D56/3828
Density at 15 C Kg/m2 min/max 776/840 180/385 D1298

LOW TEMPERATURES PROPERTIES
Freezing Point Centigrade max 40 15 D2256
CORROSION
Corrosion, copper(2hrs at 100C) max 1 154 D130
Corrosion, silver (4hrs at 50C) max 1 227
STABILITY
Thermal stability control, Temp. 280C 323
Filter pressure, differential mm. Hg max 25
Tube deposit rating (visual) max <3
CONTAMINATIONS
Existent Gum mg/100ml max 7 131 D361
Water recon, interface rating max 16 258 D1084
Fuel with static dissipator additives min 75 D3648
Fuel without static dissipator additive min 85
CONDUCTY
Electrical conductivity p3/m Report