MIME-Version: 1.0 To: "renwenbo@126.com" , Elyas Niroomand Toomaj , "majid.z43@gmail.com" From: Info Subject: RE: Meeting follow up -2082023 Date: Thu, 3 Aug 2023 07:56:00 -0700 Importance: normal X-Priority: 3 Content-Type: multipart/alternative; boundary="_823BC715-72B2-4678-BB08-22FAB8D5858D_" --_823BC715-72B2-4678-BB08-22FAB8D5858D_ Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset="utf-8" Sent from Mail for Windows From: Info Sent: Thursday, August 3, 2023 7:19 AM To: renwenbo@126.com; Elyas Niroomand Toomaj; majid.z43@gmail.com Subject: Meeting follow up -2082023 Dear=C2=A0 Victor ,=20 Thank you for the meeting dated 3nd of August 2023 in Dubai, With reference= to the meeting, appreciate for your interest in establishing the business= =C2=A0with SEJ, regarding crude oil please consider below items for the nex= t steps : light blend crude oil=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 (VLCC size vessel which is = in Chinese international waters ) 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: CFR , one safe port in China 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 destination port, further more permission for dip test wil= l 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 destination port and buyer will start to= make remaining 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 14.00 USD/BBL based on ICE brent available quotat= ions during August 2023 or other 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. 5-8- 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. 5-9-in case that pricing period will be determined before discharge, item n= o. 5-8 is not required. light pure crude oil=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 size vessel which is = in Chinese international waters ) 2-=C2=A0 Quality : as attached, light pure crude oil, sulfur content of 1.4= 6 % 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: CFR , one safe port in China 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 destination port, further more permission for dip test wil= l 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 destination port and buyer will start to= make remaining 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 11.00 USD/BBL based on ICE brent available quotat= ions during August 2023 or other 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. 5-8- 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. 5-9-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 = if we receive LOI from your good company we can provide SPA to get it signe= d 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 --_823BC715-72B2-4678-BB08-22FAB8D5858D_ Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="utf-8"

=  

 

Sent from = Mail for Windows

 

From: Info
= Sent: Thursday, August 3, 2023 7:19 AM
To: renwenbo@126.com; Elyas Niroomand Toomaj; majid.z43@gmail.com
Subject: Meeting follow up -2082023

=

 

Dear  Victor ,

 = ;

Thank you for t= he meeting dated 3nd of August 2023 in Dubai, With reference to the meeting= , appreciate for your interest in establishing the business with SEJ, = regarding crude oil please consider below items for the next steps :

 = ;

=  

= light blend crude oil

    &n= bsp;            &nbs= p;   

1-   Quant= ity: 2,000,000 barrels (VLCC size vessel which is in Chinese international = waters )

2-  Quality : as attached, light blen= ded crude oil sulfur content 1.73 %

3-  &nbs= p;Destination: it shall be mentioned in the contract so please advi= se the exact destination (discharge port) and name of the refinery&nbs= p;

4- Terms of delivery: CFR , one safe port in Chi= na

5- Payment terms:

 =

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

5-2- Seller shall = provide Vessel name, BL , CCIC and other POP documents with laycan to the d= estination port, further more permission for dip test will be issued to the= buyer

5-3- buyer will make 10% of the payment base= d as per provisional invoice which will be issued as per provisional pricin= g period and after confirmation of the test and POP verification<= o:p>

5-4- vessel will tender NOR at the destination port and buyer= will start to make remaining payment before discharge=

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

5-6- price shall be min= us 14.00 USD/BBL based on ICE brent available quotations during August 2023= or other mutual confirmed pricing period  

5-= 7- The final value of Cargo shall be determined and paid based on contractu= al unit price calculated as per final pricing period  (deducting the p= rovisional paid amount) to Seller latest by three calendar days from the la= st 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 and conditions of this con= tract, Seller will settle such difference, in the buyer=E2=80=99s nominated= bank account.

5-8- for covering price fluctuation = buyer shall provide guarantee for 20% of the total provisional value of the= cargo in order to guarantee the payment of the price difference between pr= ovisional and final price.

5-9-in case that pricing period w= ill be determined before discharge, item no. 5-8 is not required.

 

 

 

light pure crude oil

  =            &nbs= p;       

1- =   Quantity: 1,000,000 barrels (Suez size vessel which is = in Chinese international waters )

2-  Qualit= y : as attached, light pure crude oil, sulfur content of 1.46 %

3-   Destination: it shall be me= ntioned in the contract so please advise the exact destination (discha= rge port) and name of the refinery 

4- Terms o= f delivery: CFR , one safe port in China

5- Payment= terms:

 

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

5-2- Seller shall provide Vessel name, BL , CCIC and = other POP documents with laycan to the destination port, further more permi= ssion for dip test will be issued to the buyer<= /p>

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

5-4- vessel will tend= er NOR at the destination port and buyer will start to make remaining payme= nt before discharge

5-5- after 100% payment based o= n provisional value of the cargo, vessel will start for discharging<= span style=3D'font-size:12.0pt;font-family:"Arial",sans-serif;color:#222222= '>

5-6- price shall be minus 11.00 USD/BBL based on ICE brent= available quotations during August 2023 or other mutual confirmed pricing = period  

5-7- The final value of Cargo shall b= e determined and paid based on contractual unit price calculated as per fin= al pricing period  (deducting the provisional paid amount) to Seller l= atest by three calendar days from the last calendar day of the respective p= ricing period of the contract.

In case the final va= lue of the whole Cargo is less than the provisional paid amount by Buyer un= der the terms and conditions of this contract, Seller will settle such diff= erence, in the buyer=E2=80=99s nominated bank account.=

5-8- for covering price fluctuation buyer shall provide guarantee for 2= 0% of the total provisional value of the cargo in order to guarantee the pa= yment of the price difference between provisional and final price.

5-9-in case that pricing period will be determined before discharge, = item no. 5-8 is not required.

 

Please consider that for other terms of delivery= we can negotiate and also if we receive LOI from your good company we can = provide SPA to get it signed and proceed.

 

 <= /o:p>

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

 =

We a= re looking forward to hearing from you soon.

 

Regards,

Commercial department

 

 

Sent from Mail for Windows<= o:p>

 

 

= --_823BC715-72B2-4678-BB08-22FAB8D5858D_--