(国际贸易)石油贸易必须的ICPO
IRREVOCABLE CONFIRMED PURCHASE ORDER
Date : 13 August 2009
To : Lukoil-Uralnefteptoduct
We, EURO ASIA ENERGY CO. LTD. as funder with full intention to purchase on the following commodity as per the specification and quantity at a price as specified in the foregoing terms and conditions as set forth, hereunder :
COMMODITY : Mazut M100 ( GOST 10585-75) Sulphur 0.5
SPECIFICATION : As in Appendix A
PRICE FOR PRINCIPAL BUYER : FOB, Russia Baltic Sea Port, USD270.00 per Metric Ton (‘MT’)
CONTRACT QUANTITY: 600,000 MT (50,000 MT x 12 months)
SHIPMENT PACKING : In Bulk
VESSEL CAPACITY : About 50,000MT per vessel
COUNTRY OF ORIGIN : Russian Federation.
DESTINATION COUNTRY : Peoples Republic of China
INITIAL DELIVERY TIME: Within 35 days after seller’s re ceipt of DL/C (Documentary Letter of Credit)
INSPECTION AGENT: SGS at Seller’s po rt to be instructed by Buyer.
TYPE OF CONTRACT: FOB, Baltic Sea Port
BILL OF LADING: Full set of original Bill of Lading to be presented under the DLC METHOD OF PAYMENT: By Irrevocable, Transferable Documenary Letter of Credit
By signing, Principal Buyer and the Seller are both in mutual understanding and that all other terms are subject to Final Agreement of the Sales Contract.
Procedure:
Stage 1: The Buyer supplies formal contract relating to the purchase and sale of the goods.
Stage 2: Upon signing of the contract, Seller confirms to the Buyer the fact of presence and the arrangement of delivery (conditions of delivery - FOB
port Baltic Sea) of fuel oil by presentation of the following documents
relating to the existence of fuel oil and arrangement for domestic
transportation:
1.Contract between OOO "Lukoil-Uralnefteptoduct" and OOO "Ecology
Plus".
2. Contract between "Lukoil - Resource" and OOO "Ecology Plus".
(These two Contracts are to delivery Mazut to OOO "Ecology Plus").
3. These Contracts No. 1&2 above to delivery 50,000MT Mazut M100 per
month.
4. Contract between OOO"Ecology Plus" and "Super Group Purtners,
Ltd" under FCA conditions by the group of the city of Ufa refineries.
5. The Letter from OOO "Ecology Plus" to Guarantee the delivery (sale)
50,000MT of Mazut M100 per month to "Super Group Purtners, Ltd".
6. Contract between OOO "ReservNefteGas"and SAO <Интертранс> for
transportation the Goods from the refinery to the loading port No.713
dated 09.06.08.
7. The Contract between "Super Group Purtners, Ltd." and OOO
"ReservNefteGas" for transportation of the Mazut to the port of loading
and loading the Goods.
8. Contract between OOO "ReservNefteGas" and "Nord Oil Bunker Ltd"
11/06/08 dated 07.06.08 for the storage and reloading (perevalka).
Stage 3: The following documents will to be presented to the Buyer as a proof of product commence to deliver to the Buyer:
Copy of the statement of availability of the fuel oil
Copy of the producer sales contract without financial details
Copy of the passport of the deal: Marsh route telegram
Copy of the refinery run for the month of delivery
Copy of the port storage and loading contract
Copy of any issued graphics or preliminary graphics, or tank
receipt and port contract.
Stage 4: Within five banking days the Buyer Bank issues the following payment instrument:
a) Irrevocable, Revolving Documentary Letter of Credit issued by
Shanghai Pudong Development Bank to the Supplier for the value
of the cargo-to-cargo or monthly basis;
Banking charges of the Buyer's bank are for the Buyer's account, Seller's bank - for Seller's account;
Accepted on behalf of the buyer
Accepted on behalf of the seller
Appendix A
Russian Origin MAZUT-100 Specification:
GOST 10585-75
COMPONENT RESULT
1. Ash content, not more % 0,14
2. Mass fraction of sulphur, not more % 0,5
3. Temperature of the flash, not less oC in the open crucible oC 110 min
4. The temperature of solidification, not higher oC 25
5. Kinematics viscosity at 50oC 118 max
6. Water content 0.5%
7. Mechanical impurities Lower than 0.1%
8. Acidity Lower than 5 mg KOH/100ml
9. Alkalinity nil
10. Gross Calorific Value Kcal/kg / KJ/kg Min9 200/41300
11. Density at 15.0 deg. C Kg/l 0.890-0.920
12. Hydrogen Sulfide Content (H2S) pom 0.5 max
13. Carbon Residua Lower than 7%
14. Vanadium (V) ppm 30
15. Aluminum (Al) ppm 5
16. Silicon (Si) ppm 12
17. Nickel (Ni) ppm 29
18. Aspartames m/m 3.6%
19. Distillation @4 mm Hg
Extracted to 760 mm Hg
Initial Boiling Point deg. C 216
5% recovered deg. C 259
10% recovered deg. C 310
2 0% recovered deg. C 358
30% recovered deg. C 445
40% recovered deg. C 502
50% recovered deg. C 534
60% recovered deg. C 538
75% recovered deg. C 545
80% recovered deg. C -
9 0% recovered deg. C -
Final Boiling point deg. C 5 60
Percent Recovered vol 78%
Residue vol 22%
Total Nitrogen m/m 0.192%
20. Sodium (Na) ppm 15