Detailed Product Description

Dear Sir,
We can do SLCO:
We send you the new offer for him Mandate of the Buyer and of which we ask you that it is ready to speak with the Mandate of the Salesman? If it is ready to sign before the conversation NCND between all the participants of the transaction?

Product : SAUDI LIGHT CRUDE OIL (SLCO) API 33-34
Monthly Delivery : 50,000,000 BBL per month, (+/-5 %) X 60 Mos. (5 Years)
Contract Quantity : 600,000,000 (Six Hundred Millions barrels)
Specification : SAUDI LIGHT CRUDE OIL (Standard Export Quality) API 33-34
Origin : Saudi/ME or at Seller's option
Duration : 60 months, with rollover, and extensions
Delivery : CIF ASWP
Payment Terms : Irrevocable, One time Transferable, Revolving Documentary Letter of Credit and one month amount for BG issued by Top 25 World Bank, payable 100 % at sight at Seller's Bank against Full Set of Shipping Documents and Certificate of Inspection for Quality and
Quantity issued by SGS and/or Equivalent
Pricing : Dubai Platts