Dear Sirs:We, as buyer, hereby confirm with full legal and corporate responsibility under penalty of perjury, that we are ready, willing and able to enter into a contractual agreement on purchase of the commodity- or other under the following terms and conditions.1. COMMODITY/PRODUCT:Vegetable oil for Biofuels ( RAPESEED and SOYBEAN OIL)2. DESTINATION:LITHUANIA : CRUDE RAPESEED OIL CIF KLAIPEDA 12.500MT/monthlySPAIN : CRUDE SOYBEAN OIL CIF SPAIN 2X 12.500MT/monthly3. CONTRACT QUANTITY:25.000 MT inmediatly and program for 300.000 MT (12 Months)12.500 MT immediately and program for 150.000 MT (12 Months)4 TERM:Immediately5. DELIVERY:CIF, SPAIN (BILBAO)CIF, LITHUANIA (KLAIPEDA)6. PRICE200 $ USD/MT7. PAYMENT : We offer Irrevocable, Documentary L/C 100% at sign with documentation8 Performance Bond Within 5 working days after receiving non operative L/C, upon approval and confirmation of availability of funds and financial capability of Buyer from Buyer's bank, the seller shall issue a Performance Bond, of 2 % L/C value.The performance Bond shall be included in the L/C and activate said L/CCountry:Lithuania
