MIME-Version: 1.0 To: "fingasoil@126.com" , "fingasoil@yandex.ru" , Elyas Niroomand Toomaj , "majid.z43@gmail.com" From: Info Subject: Answer to LOI No. FGO-KPG-1982023-A0288 dated 19th of August 2023 Date: Tue, 22 Aug 2023 03:16:17 -0700 Importance: normal X-Priority: 3 Content-Type: multipart/alternative; boundary="_85D948F3-01EA-486B-8FE4-7F32D20E58B1_" --_85D948F3-01EA-486B-8FE4-7F32D20E58B1_ Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset="utf-8" Dear=C2=A0 Sir ,=20 Thank you for the letter No. FGO-KPG-1982023-A0288 dated 19th of August 202= 3, we appreciate for your interest in establishing the business=C2=A0with S= EJ, regarding crude oil please consider below items for the next steps : light blend crude oil Singapore international waters=20 =C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0 =C2=A0= =C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0 1-=C2=A0=C2=A0=C2=A0Quantity: 1,000,000 barrels (Suez Max size vessel which= is in Singapore ) 2-=C2=A0 Quality : as attached, light blended crude oil sulfur content 1.73= % 3-=C2=A0=C2=A0=C2=A0Destination: it shall be mentioned in the contract so p= lease advise=C2=A0the exact destination (discharge port) and name of the re= finery=C2=A0 4- Terms of delivery: STS Malaysia/Singapore=20 5- Payment terms: =C2=A0 5-1-Buyer shall make 5 million USD advance payment or other acceptable guar= antees=20 5-2- Seller shall provide Vessel name, BL , CCIC and other POP documents wi= th laycan to the STS location, further more permission for dip test will be= issued to the buyer 5-3- buyer will make 10% of the payment based as per provisional invoice wh= ich will be issued as per provisional pricing period and after confirmation= of the test and POP verification 5-4- vessel will tender NOR at the STS point and buyer will start to make r= emaining payment before discharge 5-5- after 100% payment based on provisional value of the cargo, vessel wil= l start for discharging 5-6- price shall be minus 17.00 USD/BBL based on ICE brent available quotat= ions during mutual confirmed pricing period =C2=A0 5-7- The final value of Cargo shall be determined and paid based on contrac= tual unit price calculated as per final pricing period =C2=A0(deducting the= provisional paid amount) to Seller latest by three calendar days from the = last calendar day of the respective pricing period of the contract. In case the final value of the whole Cargo is less than the provisional pai= d amount by Buyer under the terms and conditions of this contract, Seller w= ill settle such difference, in the buyer=E2=80=99s nominated bank account. light blend crude oil =E2=80=93 DDU- China =E2=80=93 Qingdao=20 =C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0 =C2=A0= =C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0 1-=C2=A0=C2=A0=C2=A0Quantity: 2,000,000 barrels 2-=C2=A0 Quality : as attached, light blended crude oil sulfur content 1.73= % 3-=C2=A0=C2=A0=C2=A0Destination: Dongjiakou=20 4- Terms of delivery: DDU 5- Payment terms: =C2=A0 5-1-Buyer shall make 5 million USD advance payment or other acceptable guar= antees=20 5-2- Seller shall provide tank receipts, custom declarations and tank numbe= rs , Vessel name, BL , CCIC and other POP, further more permission for dip = test will be issued to the buyer 5-3- buyer will make 100% of the payment based as per provisional invoice w= hich will be issued as per provisional pricing period and after confirmatio= n of the test and POP verification or Buyer can provide LC in this case buy= er shall send LC draft as well as bank information =20 5-5- price shall be minus 16.00 USD/BBL based on ICE brent available quotat= ions during August 2023 or other mutual confirmed pricing period =C2=A0 5-6- The final value of Cargo shall be determined and paid based on contrac= tual unit price calculated as per final pricing period =C2=A0(deducting the= provisional paid amount) to Seller latest by three calendar days from the = last calendar day of the respective pricing period of the contract. In case the final value of the whole Cargo is less than the provisional pai= d amount by Buyer under the terms and conditions of this contract, Seller w= ill settle such difference, in the buyer=E2=80=99s nominated bank account. 5-7- for covering price fluctuation buyer shall provide guarantee for 20% o= f the total provisional value of the cargo in order to guarantee the paymen= t of the price difference between provisional and final price. 5-8-in case that pricing period will be determined before discharge, item n= o. 5-8 is not required. Please consider that for other terms of delivery we can negotiate and also = KYC documents ( including but not limited to =C2=A0BCL, License, Previous b= ack ground, financial statement and company profile and other related mater= ials ) we can provide SPA to get it signed and proceed. =C2=A0 In order to discuss further details please contact us at +989158518624. =C2=A0 We are looking forward to hearing from you soon. Regards, Commercial department=20 Sent from Mail for Windows --_85D948F3-01EA-486B-8FE4-7F32D20E58B1_ Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="utf-8"

Dear  Sir , <= o:p>

 

Thank you for the = letter No. FGO-KPG-1982023-A0288 dated 19th of August 2023,= we appreciate for your interest in establishing the business with SEJ= , regarding crude oil please consider below items for the next steps :=

&nbs= p;

 

light blend crude oil Singapore international waters =

<= span style=3D'font-size:12.0pt;font-family:SimSun;color:black'>            &n= bsp;        

<= p class=3DMsoNormal style=3D'margin-left:42.0pt;background:white'>1-   Quantity: 1,000,000 barrels (Suez Max size vesse= l which is in Singapore )

2-  Quality : as att= ached, light blended crude oil sulfur content 1.73 %

<= p class=3DMsoNormal style=3D'margin-left:42.0pt;background:white'>3- =   Destination: it shall be mentioned in the contra= ct so please advise the exact destination (discharge port) and name of= the refinery 

4- Terms of delivery: STS Malay= sia/Singapore

5- Payment terms:

 

5-1-Buyer shall make 5 million USD ad= vance payment or other acceptable guarantees

5-2- = Seller shall provide Vessel name, BL , CCIC and other POP documents with la= ycan to the STS location, further more permission for dip test will be issu= ed to the buyer

5-3- buyer will make 10% of the p= ayment based as per provisional invoice which will be issued as per provisi= onal pricing period and after confirmation of the test and POP verification=

5-4- vessel will tender NOR at the STS point and b= uyer will start to make remaining payment before discharge

5-5- after 100% payment based on provisional value of the cargo, ve= ssel will start for discharging

5-6- price shall be= minus 17.00 USD/BBL based on ICE brent available quotations during mutual = confirmed pricing period  

5-7- The final valu= e of Cargo shall be determined and paid based on contractual unit price cal= culated as per final pricing period  (deducting the provisional paid a= mount) to Seller latest by three calendar days from the last calendar day o= f the respective pricing period of the contract.

In= case the final value of the whole Cargo is less than the provisional paid = amount by Buyer under the terms and conditions of this contract, Seller wil= l settle such difference, in the buyer=E2=80=99s nominated bank account.

 

 

 

light blend crude oil =E2=80= =93 DDU- China =E2=80=93 Qingdao

   &= nbsp;            &nb= sp;    

1-   Quantity: 2,000,000 barrels

2-  Quality : as= attached, light blended crude oil sulfur content 1.73 %<= /p>

3-&n= bsp;  Destination: Dongjiakou

4- Terms of delivery: DDU

5- Payment terms:<= /span>

 

5-1-Buyer shall make= 5 million USD advance payment or other acceptable guarantees

5-2- Seller shall provide tank receipts, custom declarations an= d tank numbers , Vessel name, BL , CCIC and other POP, further more permiss= ion for dip test will be issued to the buyer

5-3- b= uyer will make 100% of the payment based as per provisional invoice which w= ill be issued as per provisional pricing period and after confirmation of t= he test and POP verification or Buyer can provide LC in this case buyer sha= ll send LC draft as well as bank information =C2=A0

= 5-5- price shall be minus 16.00 USD/BBL based on ICE brent available quota= tions during August 2023 or other mutual confirmed pricing period  

5-6- The final value of Cargo shall be determined and= paid based on contractual unit price calculated as per final pricing perio= d  (deducting the provisional paid amount) to Seller latest by three c= alendar days from the last calendar day of the respective pricing period of= the contract.

In case the final value of the whole= Cargo is less than the provisional paid amount by Buyer under the terms an= d conditions of this contract, Seller will settle such difference, in the b= uyer=E2=80=99s nominated bank account.

5-7- for c= overing price fluctuation buyer shall provide guarantee for 20% of the tota= l provisional value of the cargo in order to guarantee the payment of the p= rice difference between provisional and final price.

<= p class=3DMsoNormal style=3D'margin-left:42.0pt;background:white'>5-8-in c= ase that pricing period will be determined before discharge, item no. 5-8 i= s not required.

 

Please consider that for other terms of delivery we can negoti= ate and also KYC documents ( including but not limited to  BCL, Licens= e, Previous back ground, financial statement and company profile and other = related materials ) we can provide SPA to get it signed and proceed.

 

 

In order to discuss further details please contact us at += 989158518624.

 

We are looking forward to hearing from you soon.

&nb= sp;

Regard= s,

Co= mmercial department

 

 

Sent from Mail for Windows

 

= = --_85D948F3-01EA-486B-8FE4-7F32D20E58B1_--