Product 	:	Gas oil 10 PPM Sulphur Max

Quantity 	:	25,000 MT +/- 5% operational tolerance (Max) up to 500.000 MT 

Quality	        :	As per Seller’s guaranteed Specification

Price	        :	AG Plat Price of 500 PPM Plus 5.00 US $ premium per BBL

Destination 	:	FOB Fujairah

Packing	        :	Bulk



Pricing method

Average of the 5 days consecutive AG Plat

2 days before the B/L date, B/L date and 2 days after the B/L date (2-1-2) if there have no plat on the

B/L date 3-0-2 will consider



Delivery terms

FOB – storage at Fujairah Terminal (during a mutually agreed date range into buyer’s nominated vessel which to be acceptable to seller’s birth/terminal) or CIF conditions



Payment terms

By an irrevocable/confirmed Letter of Credit Sight payment issued in a format and bank acceptable to Seller, L/C to be placed at least 5 days prior to the first day of the first day of the 2 days agreed loading Laycan



Surveyor Charges

The independent inspector for quality and quantity is GEOCHEM or equivalent (inspection cost is 100%

buyer)



Load port Expenses

Port Dues, Way Leaves, Custom Duties, Agency Charges and/or any other expenses at the load port will be by the Buyer



Quantity Determination

Quantity as per the findings of mutually agreed and appointed independent surveyor based on the

Seller’s shore tank discharge figure