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ICPO SAUDI ARAMCO D2 GAS HDSG 305-82MIN QUANTITY 100,000MT X 12 MONTHS18 JUNE 2010 -7 working days June 29, 2010We, XXXXX, on behalf of Chairman, XXXX hereby state and confirm that it is our intention to purchase, and we hereby confirm that we are ready, willing and able to purchase the following commodity as per the specification and in the quantity and for the price as specified in the terms and conditions as stated below. This representation is made with full corporate authority and responsibility of the above stated BuyerProduct: D2 Gas HDS-GOST 305-82 Min Quantity:100,000 MT x 12 monthOrigin: Saudi Aramco CONTRACT DURATION: 12 Month Contract: CIF UAE or CIF ROTTERDAM Price: US$480.00 / 500 MT. TERMS OF PAYMENT: Non- Transferable DLC INSPECTION: SGS LOADING PORT: EX-REFINERY JUBAIL, SAUDI ARABIAPROCEDURE:A) Buyer issues LOI(To: Prince Abdul Aziz Bin Abdullah Bin Saud Bin Abdul Al Saud and his Royal family office), Saudi Aramco with Banking details( First class TOP 50 BANKS) and SOFT PROBE Permission (or BCL) with NCNDA/ IMFPA.B) Draft Contract is issued with Pro-Forma Invoice for Buyer's review.C) Contract is signed with HARD COPIES and lodged in Banks.D) With 3 Business days after signing the Contract, Authorization Letter is granted to Buyer to allow Buyer to contact Refinery Directly to obtain verification that Allocation is 100%Confirmed.E) Within 2 days after Allocation verification, Buyer Bank submits Non-Operative, Irrevocable, Non-Transferrable DLC.F)After receipt of the above Payment Instrument, Seller's Bank issue 2% PREFORMANCE BOND to Activate the Non-Operative LC and make it Fully Operative whenever Seller has other POP Documents for shipment.G)Shipment starts upon receipt of FULL OPERATIVE DLC & PAYMENT is released upon submission of verifiable shipping docs. BANK TO BANK Thank you.NO PHONE CALLS, PLEASE, AS I AM TRAVELING (MEXICO CITY) Company Name: WEST END TRADING Street Address: 2544 McCLAVE DR City: ATLANTA Province/State: Georgia Country/Region: United States Telephone: 1-678-437-7699
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