EN590

Product Details

1. Product: EN590-10PPM

2. Origin: NON-RUSSIA

3. Quantity: First trial shipment between 100,000MT up to 150,000 (to be mutually agreed upon) to be converted into a per month / 12 months (12 shipments) of the same quantity on a per month base.

4. Price: fix USD 690 per MT

5. Benchmark : ULSD 10 ppm CARGOES CIF MED (PLATTS)

6. Destination Port: CFR Fujairah, UAE (United Arab Emirates).

7. Payment Terms: TT (MT103)

8. Payment Guarantee: DLC / LC (MT700) (exact terminology to be discussed within the SPA process) or SBLC MT760) equivalent to be issued by at least BBB+ rated bank for CFR value of one month of shipment. Issuing bank to be a Contract Period: TBD / 12 months

9. Specification: refer to appendix “A” specifications

10. Delivery terms: within 30 (Thirty) days after receiving the bank instrument