company limiteddata.over-blog-kiwi.com/0/73/86/84/20140203/ob_c9181b... · 2019. 9. 19. · light...

LIGHT TRADING

COMPANY LIMITED

Address: 4314 W CRYSTAL LAKE RD # C, MCHENRY, ILLINOIS 60050 USA. Email: [email protected] Telephone: +1 (815) 528-5001 +1 (815) 528-5019

Issue Date: 01/13/2014 Expiry Date: 03/31/2014 Ref: LTCL/PSO/JAN-MAR2014 To: End Buyer/Buyer Mandate

SOFT OFFER The undersigned company, Light Trading Company Limited located in the United States of America, is an Authorized Mandate Company to reputable End Seller Companies/Refineries in Russian Federation. On behalf of the Refineries, we hereby issue this SOFT OFFER with full corporate and legal responsibility, under penalty of perjury confirms that we are ready, willing and able to provide for capable Buyers the following Petroleum Products / Commodities:

PRODUCT PRICE LIST

1. RUSSIA EXPORT BLEND CRUDE GOST 51 858-2002 Min. Quantity: 150.000 BBL Max. Quantity: 7.500.000 BBL PER MONTH CIF Price: $102 Gross/ $96 Net FOB Price: $96 Gross / $90 Net PER BBL

2. RUSSIA EXPORT BLENDS CRUDE GOST 9965-76 Min. Quantity: 150.000 BBL Max. Quantity: 7.000.000 BBL PER MONTH CIF Price: $98 Gross/ $92 Net FOB Price: $92 Gross / $86 Net PER BBL

3. DIESEL D2 RUSSIAN GASOIL L-0.2-62 GOST 305-82 Min. Quantity: 10.000 MT Max. Quantity: 2.000.000 MT PER MONTH CIF Price: $750 Gross/ $740 Net FOB Price: $740 Gross / $730 Net PER MT

4. DIESEL D2 AUTOMOTIVE GAS OIL {AGO} Min. Quantity: 10.000 MT Max. Quantity: 1.500.000 MT PER MONTH CIF Price: $780 Gross/ $770 Net FOB Price: $770 Gross / $760 Net PER MT

5. DIESEL D6 VIRGIN LOW POUR FUEL OIL Min. Quantity: 5.000.000 Gallon Max. Quantity: 100.000.000 Gallon PER WEEK CIF Price: $2.50 Gross/ $2.45 Net FOB Price: $2.45 Gross / $2.40 Net PER Gallon

6. DIESEL EN 590 FUEL Min. Quantity: 10.000 MT Max. Quantity: 1.000.000 MT PER MONTH CIF Price: $760 Gross/ $750 Net FOB Price: $750 Gross / $740 Net PER MT

mailto:[email protected]

LIGHT TRADING

COMPANY LIMITED


7. DIESEL GASOIL ULTRA-LOW SULPHUR 50 PPM Min. Quantity: 10.000 MT Max. Quantity: 1.000.000 MT PER MONTH CIF Price: $750 Gross/ $740 Net FOB Price: $740 Gross / $730 Net PER MT

8. DIESEL GASOIL ULTRA-LOW SULPHUR 10 PPM Min. Quantity: 10.000 MT Max. Quantity: 1.000.000 MT PER MONTH CIF Price: $740 Gross/ $730 Net FOB Price: $730 Gross / $720 Net PER MT

9. DIESEL GASOIL ULTRA-LOW SULPHUR 500 PPM Min. Quantity: 10.000 MT Max. Quantity: 750.000 MT PER MONTH CIF Price: $730 Gross/ $720 Net FOB Price: $720 Gross / $710 Net PER MT 10. MAZUT M100 GOST-10585/75 Min. Quantity: 10.000 MT Max. Quantity: 2.000.000 MT PER MONTH CIF Price: $470 Gross/ $460 Net FOB Price: $460 Gross / $450 Net PER MT

11. MAZUT M100 GOST –10585/99 Min. Quantity: 10.000 MT Max. Quantity: 1.500.000 MT PER MONTH CIF Price: $450 Gross/ $440 Net FOB Price: $440 Gross / $430 Net PER MT

12. RUSSIAN AVIATION KEROSENE COLONIAL GRADE 54 JET FUEL Min. Quantity: 150.000 BBL Max. Quantity: 7.000.000 BBL PER MONTH CIF Price: $96 Gross/ $90 Net FOB Price: $90 Gross / $84 Net PER BBL

13. JET FUEL A1 Min. Quantity: 150.000 BBL Max. Quantity: 5.000.000 BBL PER MONTH CIF Price: $94 Gross/ $88 Net FOB Price: $88 Gross / $82 Net PER BBL

14. LIQUEFIED PETROLEUM GAS PROPANE (LPG) Min. Quantity: 10.000 MT Max. Quantity: 1.700.000 MT PER MONTH CIF Price: $550 Gross/ $540 Net FOB Price: $540 Gross / $530 Net PER MT

15. LIQUEFIELD NATURAL GAS 5542-87 (LNG) Min. Quantity: 10.000 MT Max. Quantity: 1.500.000 MT PER MONTH CIF Price: $500 Gross/ $490 Net FOB Price: $490 Gross / $480 Net PER MT

16. COMPRESSED NATURAL GAS (CNG) QUANTITY: 450 million cubic feet Annual contract


LIGHT TRADING

COMPANY LIMITED


CIF Price: $400 Gross/ $390 Net FOB Price: $390 Gross / $380 Net PER MT

17. GASOLINE 87 OCTANES Min. Quantity: 7.000 MT Max. Quantity: 500.000 MT PER MONTH CIF Price: $470 Gross/ $460 Net FOB Price: $460 Gross / $450 Net PER MT



20. BITUMEN / PETROLEUM ASPHALT Min. Quantity: 7.000 MT Max. Quantity: 750.000 MT PER MONTH 30/40 - $350.00 per MT 40/50 - $360.00 per MT 50/70 - $400.00 per MT 60/70 - $420.00 per MT 80/100 - $410.00 per MT 85/100 - $390.00 per MT 100/120 - $380.00 per MT

21. FUEL OIL CST180 Min. Quantity: 7.000 MT Max. Quantity: 1.500.000 MT PER MONTH CIF Price: $370 Gross/ $360 Net FOB Price: $360 Gross / $350 Net PER MT



24. BASE OIL Min. Quantity: 7.000 MT Max. Quantity: 1.200.000 MT PER MONTH SN 100 - $650 per MT BS 150 - $680 per MT


LIGHT TRADING

COMPANY LIMITED


SN150 - $700 per MT SN 300 - $730 per MT SN 500 - $750 per MT

ADDITIONAL INFORMATION

ORIGIN: Russian Federation. DELIVERY: CIF ASWP / TTO/ FOB / SPOT with Rollover & Extension. INSPECTION: Q&Q test report will be conducted at the loading port by SGS or Equivalent at the expense of Seller. PAYMENT INSTRUMENT: T/T, DLC, SBLC, MT760, BG, LC at Sight. LOADING PORT: Vladivostok/Novorossiysk Port. PERFORMANCE BOND (PB): 2% PB to be issued by Seller’s Bank in favor of the Buyer. SHIPMENT METHOD: Via vessel or pipeline to Buyer's destination port. COMMISSION: US$10 = US$ 5 Buyer side open / US$ 5 Seller side closed. US$6 = US$ 3 Buyer side open / US$ 3 Seller side closed.

STANDARD PROCEDURES

CIF PROCEDURES: 1. Buyer confirms Soft Offer and acceptance of the Seller’s procedures and issues an LOI to LIGHT TRADING COMPANY LIMITED for the specific product(s). LIGHT TRADING COMPANY LIMITED issues Soft Corporate Offer with the Specification for the Specific product(s).


LIGHT TRADING

COMPANY LIMITED


2. Buyer confirms Soft Corporate Offer and acceptance of the Seller’s Procedures, signs Soft Corporate Offer and issues an ICPO alongside Official Letter of Acceptance confirming the acceptance and willingness to work 100% strictly according to the Seller’s working procedures with Seller’s procedures incorporated on the ICPO.

3. SELLER’s mandate (Light Trading Company Limited) issues FCO with FCO Acceptance Form to Buyer’s Irrevocable Corporate Purchase Order (ICPO). Buyer signs and returns FCO with endorsed FCO Acceptance Form and a copy of End Buyer’s company license and End Buyer scanned copy of passport data page.

4. Seller confirms signed FCO, endorsed FCO Acceptance Form, End Buyer’s company license and End Buyer scanned copy of passport data page.

5. Seller issues Draft Contract and sends it to the Buyer, Buyer returns the Draft Contract duly signed and sealed.

6. Seller registers and legalizes the contract officially with the appropriate authorities to facilitate booking of allocation, obtaining transaction code and securing a legitimate approval for the transfer of Ownership Title/Allocation to Buyer by the relevant authorities, expenses borne by Seller.

7. Seller sends to Buyer via Government Secured Courier Service the Registered/Legalized Hard copy Contract along with the Partial POP, the courier expenses shall be borne by Buyer which is to be stated in the FCO. The Partial POP Documents to be sent along with the Registered/Legalized Contract via courier includes; • Certificate of Origin of the Product. • Company Registration Certificate • Statement of Product Availability. • Product Quality Passport (Dip Test Analysis). • Refinery commitment to produce the product. • Refinery Affidavit.

8. Seller issues the Attestation Act of Transfer for Buyer’s endorsement to facilitate the transfer of Ownership Title/Allocation to Buyer’s name.

9. Upon completion of the Act of Transfer with the Ownership Title/Allocation transferred to Buyer name, Seller submits all documentattion stating Buyer as legal Title Holder and Owner of Allocation to the shipping company.

10. Seller provides Buyer the full information of the shipping company. Buyer contacts the shipping company and finalize the shipping shedule.


LIGHT TRADING

COMPANY LIMITED


11. Seller sends Full Proof of Product (POP) to Buyer’s bank. The Full POP Documents includes; • Copy of license to export, issued by the department of the Ministry of Energy, Russian Federation. • Copy of Approval to Export, issued by the Ministry of Justice, Russian Federation. • Copy of statement of availability of the product. • Copy of the refinery commitment to produce the product. • Copy of Transneft contract to transport the product to the loading port. • Copy of the port storage agreement • Copy of the charter party agreement(s) to transport the product to discharge port. • Copy of Tank Receipt. • Copy of Vessel Questionnaire 88. • Copy of Bill of Ladin.

12. Buyer issue required Pre-advise DLC. Seller responds by issuing 2% PB to activate the DLC.

13. Delivery commences as per contract. Upon arrival of the cargo at the discharge port, payment is effected against presentation to Buyer's bank of complete set of export documents.

14. Seller pays all intermediaries accordingly within 72 hours.

OR

1. Buyer confirms Soft Offer and acceptance of the Seller’s procedures and issues an LOI to LIGHT TRADING COMPANY LIMITED for the specific product(s). LIGHT TRADING COMPANY LIMITED issues Soft Corporate Offer with the Specification for the Specific product(s).


3. Seller issues FCO with FCO Acceptance Form to Buyer; Buyer countersigns FCO with FCO Acceptance Form and returns with End Buyer’s Data Page of scanned passport copy and End Buyer’s Company License.


LIGHT TRADING

COMPANY LIMITED


4. Seller issues Draft Contract and sends it to the Buyer. Both Parties negotiate the terms of the Contract. Buyer returns the Draft Contract duly signed and sealed.

5. Final Contract is issued and signed by both Parties. Seller Registers and Legalizes the Contract with the appropriate Authorities in Russian Federation. Charges for the Registration and Legalization of the Contract are paid by the Seller.

6. Seller sends Partial Proof of Product (PPOP) to the Buyer via email. PPOP consists of the following documents: * Company Registration Certificate. * Product Quality Passport (Dip Test Result). * Commitment letter from Refinery. * Statement of Product Availability * Certificate of Origin of the Product.

7. Buyer obtains a verifiable Transaction Passport Transfer Certificate (TPTC) / Export Clearance Affidavit (ECA), which identifies the Buyer as the new Title Holder of the goods Allocation. Charges are paid by the Buyer.

8. Seller sends the following documents to the Buyer via Express Courier service: * Four (4) registered & legalized hardcopies of the Contract. * Transaction Passport Transfer Certificate (TPTC).

9. Buyer returns 2 copies of counter-signed contract to the Seller. Both parties lodge Contract hardcopies in respective banks.

10. Seller appoints the Shipping agent and signs Charter Party Agreement. Buyer contacts Shipping agent to summarize and finalize the shipping schedule.

11. Seller sends Full Proof of Product (POP) to the Buyer as listed in the Contract.

12. Buyer's bank sends to Seller's bank pre-advise of issuance of Revolving Documentary Letter of Credit (RDLC) and Seller's bank responds by issuing the 2% Performance Bond (PB) to the Buyer's bank.

13. Shipping commences as per Contract. Upon arrival of the cargo at the discharge port, payment is effected against presentation to Buyer's bank of complete set of export documents.

14. Seller will release payments to the intermediaries/facilitators involved in the transaction.


LIGHT TRADING

COMPANY LIMITED


OR 1. Buyer confirms Soft Offer and acceptance of the Seller’s procedures and issues an LOI to LIGHT TRADING COMPANY LIMITED for the specific product(s). LIGHT TRADING COMPANY LIMITED issues Soft Corporate Offer with the Specification for the Specific product(s).


3. Seller issues FCO with FCO Acceptance Form to Buyer; Buyer countersigns FCO with FCO Acceptance Form and returns.

4. Seller approves FCO and issues the Sales Purchase Agreement (SPA) contract to the Buyer which must be open for amendments, Buyer return countersigned final contract.

5. Buyer sends Data Page of scanned passport copy and Buyer’s Company License and any Corporate Identification Card to affect the transfer of Allocation Ownership to Buyer's name.

6. Seller issues by email Partial POP which includes the following: -Copy of license to export, issued by the Department of the Ministry of Energy. -Copy of approval to export, issued by the Department of the Ministry of Justice. -Copy of Statement Availability of the Product. -Certificate of Origin of the Product. -Product Certificate of Conformity (Analysis report) -Copy of port storage agreement with Tank Farm agent in Novorossiysk where each batch

shipment quantity will be stored for lifting.

7. Buyer contact Tank Farm agent in Novorossiysk and finalize dip test authorization which will enable Buyer/Buyer representatives visit Tank Farm in Novorossiysk and conduct dip test for lift-able quantities. Buyer will be responsible for the Tank Clearance and Dip Test Permission Fees required by Tank Farm agent upon receipt of Tank Receipt.

8. Within 72 hours (3 Banking Days) of successful dip test, Buyer's bank issues MT 700 Irrevocable, Non - Transferable Documentary Letter of Credit for first shipment quantities, Seller’s Bank replies


LIGHT TRADING

COMPANY LIMITED


with 2% Performance Bond to Buyer’s Bank and if Seller Refinery fails to supply the cargo of the product this 2% will be paid to the Buyer.

9. Seller issues Full POP via Seller's Bank to Buyer's Bank to include SGS report of Quality and Quantity or similar.

- Copy of license to export, issued by the Department of the Ministry of Energy. - Copy of approval to export, issued by the Department of the Ministry of Justice. - Purchase Transaction Allocation Code Certificate, issued by the Department of Russian Export

Control Department. - Copy of Statement of Availability of the Product. - Certificate of Origin. - Copy of Charter Party Agreement(s) to transport the product to discharge port. - Bill of Lading. - Vessel Q88.

10. The SGS inspection charges will be borne by Seller Refinery at the loading port and Inspection charges will be borne by the Buyer Company at the unloading port.

11. Delivery shall commence as scheduled. The Buyer Company shall release payment to Seller via Swift Fund Transfer within 7 banking days after the discharge of cargo and receipt of all relevant shipping documents for immediate negotiation and credited at Buyer's Bank Account.

12. Seller releases commission to all intermediaries involved within 48 to 72 hours.

SPOT PROCEDURE:

1. Buyer confirms Soft Offer and acceptance of the Seller’s procedures and issues an LOI to LIGHT TRADING COMPANY LIMITED for the specific product(s). LIGHT TRADING COMPANY LIMITED issues Soft Corporate Offer with the Specification for the Specific product(s).

2. Buyer confirms Soft Corporate Offer and acceptance of the Seller’s Procedures, signs Soft Corporate Offer and issues an ICPO alongside Official Letter of Acceptance confirming the acceptance and willingness to work 100% strictly according to the Seller’s working procedures with Seller’s SPOT procedure incorporated on the ICPO.


LIGHT TRADING

COMPANY LIMITED


3. Refinery issues the TAKE OVER ADDENDUM (TOA) to the Buyer, which the Buyer endorses and return.

4. Refinery issues the Full Proof of Product (POP) and Shipping Documents as listed below via email to the Buyer for verification:

A) Product Analysis Report (Dip Test Result) B) Vessel's Q88. C) Certificate of Origin. D) Tank Receipt. E) Bill of Lading.

5. Upon the verification of the above documents by the Buyer, the Buyer pays via T/T Wire transfer of the total Vessel Charter Fees to re-route the course of the Vessel Tanker to the Buyer's discharge port.

6. Upon receipt of the payment, the Refinery transfers title to Buyer's name and re-issue the Documents in Buyer's name before the Vessel Tanker will be re-routed to the Buyer's discharge port.

7. Upon arrival of the cargo at the discharge port, the Buyer makes payment for the product via T/T Wire transfer after CIQ/SGS Inspection before offloading commences.

Important Note: The original hardcopies of the POP documents including the SGS Certificate or CIQ Clearance Certificate will be handed over to the buyer's representative by the vessel Captain at the discharge port.

FOB PROCEDURE:

1. Buyer confirms Soft Offer and acceptance of the Seller’s procedures and issues an LOI to Light Trading Company Limited for the specific product(s). Light Trading Company Limited issues Soft Corporate Offer with the Specification for the Specific product(s).

2. Buyer confirms Soft Corporate Offer and acceptance of the Seller’s Procedures, signs Soft Corporate Offer and issues an ICPO alongside Official Letter of Acceptance confirming the acceptance and willingness to work 100% strictly according to the Seller’s working procedures with Seller’s FOB procedure stated on the ICPO.


LIGHT TRADING

COMPANY LIMITED


3. Seller issues Draft SPA for Buyer to review and endorse. Buyer signs and send back with letter of acceptance.

4. Seller sends to Buyer for Verification the Soft POP documents via Email. Soft POP consists of:

* Product Passport (Dip-Test) * Vessel Tanker Details for the lift able quantities * Certificate of Origin of the Product * Transaction Passport Certificate * Statement of product availability. * Company Export License * Tank Receipt.

5. Upon Buyer's verification of the product availability, Within 48 hours of receiving all the stated documents, Buyer pays 10% of the total lift-able quantities to the Seller via T/T Wire Transfer.

6. Seller pays for the title transfer deeds and transfers the ownership title to Buyer’s company name as the new title holder.

7. Seller’s Bank Swift to Buyer Bank the Full PROOF OF PRODUCT (POP).

8. Upon verification of FULL POP, Buyer makes payment for the 90% lift-able product cost by MT103 / SBLC to the Seller’s Bank.

9. Lifting Commence, Seller releases payment to the intermediaries/facilitators involved in the transaction.

These above procedures have been approved by the Antimonopoly Service of Russian Federation and serve as a guideline for all transactions involving export of oil products from Russian Federation.

NOTE: Application to be Seller’s mandate is available. No Bill of Ladings, Warranties, SGS Reports, or past fulfilled Contracts will be presented as "Past Performance," sanitized or not, for the following reasons..:

Against Trade Regulations Against stated SGS Policy


LIGHT TRADING

COMPANY LIMITED


Violates Formal Contract Confidentiality between Buyer & Seller Most Importantly - if Seller is a U.S or Russian Company, it violates both countries Law.

We do not work according to Buyer’s procedures. We work 100% strictly according to Seller’s procedures. Price lists are negotiable in some terms. If the terms and procedures are acceptable, kindly provide your LOI/ICPO for us to proceed. The LOI/ICPO must be complete identification of Principal Buyer signed, sealed and stamped; in company letterhead with Quantity per month/year, Target price, Contract length, Buyer's own opinion of specification if any and any other relevant details. We do not accept expired LOI/ICPO (Maximum date for validity is 10days).

Thanks for understanding!

Corporate Signed and sealed by,

Dennis W. Bailey CEO/PRESIDENT. LIGHT TRADING COMPANY LIMITED.