We, Exodus Energy Groups LTD LLC, as the Title holder and Supplier, a company incorporated in the Netherlands, confirm that we are ready, willing and able to supply the following commodities in terms and conditions below:
COMMODITY: LIQUEFIED NATURAL GAS (LNG) & LIQUEFIED PETROLEUM GAS (LPG)
Specification: Standard
DELIVERY AND TERMS OF PAYMENT
Commodity:
LNG & LPG
Origin:
Non-Sanction Countries
Specification:
Standard
Annual Quantity:
25,000 MT up to 300,000 MT Monthly
Duration of Contract:
12-month Contract, Shipping Schedule: as per “Exhibit-2”, in the SPA
Shipping Terms:
CIF Port of Any Safe World Ports (ASWP)
Packing:
In Bulk
Price:
Commission
Fix Price $460 USD Gross – $450 USD Net
$5 USD seller side (closed), $5 USD buyer side (open)
Inspection:
SGS or Equivalent
Payment Method: Payment Guarantee:
By MT103 SWIFT upon successful SGS Inspection at the Discharge Port, By DLC/MT700–SBLC/MT760 issued for the value of one-month shipment 000,000 MT, valid for the duration of the contract. The DLC/SBLC will be Non-operative and will become operative automatically upon the Seller’s 3% Performance Bond (PB). DLC/SBLC should be Irrevocable, Revolving, Non-transferable, issued or confirmed by one of the top 50 world banks.
CIF TRANSACTION PROCEDURES, TERMS & CONDITIONS
Buyer puts the procedure in ICPO on the letterhead of their company, completes all the company and banking information, sign/stamp, and send both documents back to Exodus Energy Group LTD LLC, along with Company Profile (Company Profile should have the year of establishment, founders, and a history of major projects completed) CIS, Passport copy of the authorized signor for the company, Certificate of Registration.
Seller issues Sales and Purchase Agreement (SPA), PI and Addendum. Buyer reviews, amends (if necessary), signs and returns the (Draft Contract) SPA in Word format to Seller within Three (3) banking days. Buyer’s bank issues RWA, MT199, MT799, MT998 or MT999 as Proof of Funds (POF).
Seller submits signed SPA via secured email to the buyer along with soft copies of the below Partial Proof of Documents (PPOP): – Product Certificate of Origin – Commitment Letter to Supply – Statement of product availability in Storage, – Legalized copy of a fully endorsed Commercial Invoice for Trial Lift Quantity
Within 10 Working Days of signing the SPA, Buyer’s bank issues a Non-Operative, Irrevocable, Non-Transferable, Revolving, and Confirmed DLC/MT700 or SBLC/MT760 with the value of Trial or first month shipments, with full bank responsibility via swift MT700 or MT760 to the seller’s bank to be automatically operative by Seller’s 3% performance Bond and provides Seller with swift copy.
Within 5 Banking Days of accepting the DLC/SBLC, Seller’s Bank issues the 3% Performance Bond, and the DLC/SBLC will be operative.
Within 5-15 working days on confirmation and acceptance of the Buyer’s DLC, seller commence loading of the product and issues full POP/Shipping documents as listed below, with legalized SPA to buyer’s company via bank to bank and copies via email; buyer shall notify the seller by official written notice of his bank receiving seller’s full POP/Shipping documents:
a. Copy of export license, issued by the Ministry of Petroleum and Energy.
b. Copy of approval to export, issued by the Ministry of Justice.
c. Copy of the Port Storage agreement/ Insurance.
d. Certificate of origin.
e. Product Passport,
f. Statement of availability of the product.
g. Commercial Invoice.
h. Copy of charter party agreement.
i. Copy of Customs clearance certificate.
j. Copy of the tank receipt issued by the storage facilitator.
k. Copy of Fresh SGS Report or Equivalent at Loading Port.
l. Copy of Vessel Q88
m. Copy of Bill of Lading
n. Copy of Cargo Manifest
o. DTA & ATB.
p. NOR/ETD.
Shipment commences as scheduled in the contract, and upon receipt of FULL POP documents, the buyer provides the seller with his logistics (TSR or vessel Q88) facility coordinates and necessary requirements to enable the buyer’s SGS/CIQ to conduct a Dip Test upon vessel arrival at the discharge port.
The seller provides the buyer with DTA for immediate proceeding of inspection by the buyer’s SGS/CIQ agent, and within 2 working days of vessel arrival at discharge port, the buyer’s inspection team carry out SGS/CIQ or equivalent inspection to ascertain the quality and quantity of the product.
Upon successful SGS/CIQ Inspection by the buyer, Buyer’s Bank releases payment for the total shipment value via swift fund transfer MT103/TT within 2 banking days of issuing the SGS report at the discharge port, then the Product is discharged to the buyer’s destination storage facility, and title of product ownership is transferred to the buyer.
The seller pays all intermediaries involved in all the transactions as per the signed NCNDA/IMFPA within 72 hours.
Subsequently monthly shipment continues as per the signed SPA, and product payment will be made against successful SGS/CIQ or equivalent inspection via TT/MT103.
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Seller: Exodus Energy Group LTD LLC
Seller bank: Bank of America
Address: 222 Broadway, New York
SWIFT Code: BOFAUS3N
PLEASE TAKE NOTE:
If you accept the procedure and price, please issue the ICPO and send it along with your CIS and company profile to:
Exodus Energy Group LTD LLC Attn: Sales Manager
Ryan@exodus-groups.com
Sales@exodus-groups.com
More information: +31-61-666-1606 Dr. Ryan
Hossein Keyhan
CEO
This is Hossein Keyhan from Qeytaran Trading Company, How can We help you today?
