Trade Lead Description:
Sir
We have order for 500,000 metric tons of D2, FOB Nnovoroyssysk. Conditions as follows demanded by JP Morgan Chase.
D2 FOB Seller IS Gazprom, Lukoil, Surgetneftgaz, TNK, or Rosneft
Step 1. Groundwork is laid by your intermediaries with the Russians - just explain you have an international independent oil and gas company willing to buy and/or trade Russian D2. NDA and FPA is signed between all agents who get out of the way and Buyer and Seller sign SPA.
Step 2. Capital issues a Purchase Order to Seller in Russian and English language (we have these documents already prepared)
Step 3. Seller issues a "Guarantee to Supply Letter" (GSL). This is key, no letter, no buyer, no buyer no banking.
Step 4. JP Morgan Chase gives us a BCL or pre-advice which we give to Seller.
Step 5. Buyer ship arrives Novorossysk, loads and we pay Seller either by TT from Chase or activated payment post load DLC.
D2 FOB SELLER IS INDEPENDENT R
Posted from US - Florida on 21 July, 2008
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