The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
Sco tnkhk jsc aswp turkont ltd 20.06.2015
1. BET.ENST.SANAYI VE TIC.LTD REG ICOC No:284471 1992
Petroleum Energy Products Oil & Gas Business ,Outward Investment Projects and Worlwide Logistics
Date: June/July. 2015
To: End Buyer & Buyer’s Mandate
Ref: TNKHK/RU/234/0077
S C O
“TNKHK” PJSC As the Producer , Refinery and end-Seller with full corporate offerand legal responsibility,
under penalty of perjury confirm that we are ready, willing and able to enter into contract with Principal
Buyers for the commodity referenced in this SCO, on the terms and conditions set forth below and limited to
a signed Contract.
TRANSACTION CONTRACT / SPOT, CIF,FOB,’’ASWP’’
PRODUCT : Jet Fuel JP54Aviation Kerosene ColonialGrade54
Origin : Russian Federation Specification Standard
QUANTITY:
CIF /FOB PRICE:
LOAD PORT:
1,000,000 BBLs (Trial Shipment) x 12 Months+R&E
or 5.000.000 MBBLS x12 R&E
US$60.00 Gross / US$56.00 Net per BBL
(FOB – US$52/bbl)
VYSOTSK
PRODUCT : D2 GAS OIL L-0.2-62 GOST 305-82
QUANTITY:
CIF /FOB PRICE:
LOAD PORT :
D2 Gasoil L-0.2-62 GOST 305-82
100,000 MT (Trial Shipment)+100.000 MT x 12 Months + R & E
Or can be increased upon demand
US$480.00 Gross / US$470.00 Net perMT
(FOB– US$450/mt)
VYSOTSK
PRODUCT : M100 MAZUT M100 GOST 10585-75
QUANTITY:
CIF /FOB PRICE:
LOAD PORT :
100,000 MT (Trial Shipment)x 12 Months.
MAX:300.000 MT/MONTH x12 + R & E
US$320.00 Gross / US$ 310.00 NetperMT
(FOB– US$290/mt)
NOVO OR VYSOTSK
PRODUCT: Crude Oil (( RBCO ) GOST 9965-76 / 51858 - 2002) ASWP
QUANTITY:
CIF PRICE:
LOAD PORT
1,000,000 BBLs (Trial Shipment) x 12Months
Or 1000.000 BBLS Liftable +3.000.000 BBLS X 12 Months
US$58.00 Gross / US$54.00 NetperBBL
VYSOTSK
PAYMENT TERMS : To be agredby SellerandBuyer
Inco Terms: FOB/CIFASWP
Inspection:SGS or Equivalent
STRUCTURE OF COMM : SellerGroup Closed % 50
BuyerGroup open
FIRST COME FIRST SERVED
PROCEDURES : Non Negotiable procedure (Price canbe changed without any notice ask the new updated
SCO )
2. 1.The Buyer issues an Irrevocable Corporate Purchase Order (ICPO) and sends it via electronic mail to the
Seller alongside with the following Documents;
a-Buyer Passport Copy b-- Company Profile
2.Seller issues the Draft Contract for the Buyer’s signatory. The Draft Contract
must be duly endorsed and returned alongside with the Official Letter of Acceptance by the buyer
3.Seller release the Partial POP Documents to the Buyer via E-mail as follows;
a.Approval to Export,
b.Availablity of product
c.Certificate of Origin,
d.Analysis Report by (Rıdzhıd)) & SGS (Q&Q
e.Commitment to Supply,
f.Commercial Invoice,
4.Upon the receipt of the Partial POP Documents as advised above, the Buyer’s Bank issues an Irrevocable,
Non Transferable, Confirmed, MT799, SBLC MT760,DLC MT 700 ,MT103, - Verbiage “Appendix A” in favour
of the Seller as guarantee of payment for Good supplied, covering the one-month delivery as per the
Commercial Invoice.
5.Within 48 hours after the receipt and confirmation of the Payment Instrument, the lifting commences
and the Seller’s Bank shall swift the Full POP Documents to the Buyer’s Bank alongside with the 2%
Performance Bond (PB), in case of delivery failure by the Refinery and the 2% of the Cargo worth will be
paid to Buyer.
6.Buyer pays via T/T (MT103) CIF Wire Transfer upon the arrival of the cargo and after Inspection at
discharge port.FOB buyer pays after Dip Test and during loading .
7 Seller will release payments to the intermediaries involved within 48 hours of receiving the payment for
the product from the Buyer’s bank
REQUESTED DOCUMENTS;
ICPO ,CP and Passport copy of Buyer on official company letterhead with the quantity needed,
ICPO should be executed by the buyer chairman with hard/wet sign and seal by making PDF >> for DD .
not acceptable an arranged ICPO through Agent/Brokers
Alongside ICC/NCNDA/IMFPA mightbeaddedto ths documents as a part ofcontract
ICPO should be addressed > To : Export Dept./Refinery Att.CEO.Mr.M.Yury Via : Türkont Energy Ltd
K.Rgrds
Mr.Yury Misharin,CEO Captain Mr.İsmet ATES
Sales Manager Chief Executive,
TNKHK JSC TURKONT/REPR.OF TNKHK JSC
Phones:+902165674420 Fax:+90 2165675536 Mob::+905327653318
Emails: turkont@yandex.com,tr, turkont@yandex.ru Skype: turkont 34722 Istanbul / TURKIYE