Term of Payments :
Follow the Refinery SOP (all terms and conditions stipulated in the contract between the Refinery as the Seller and CBU as the Buyer. For this reason the Buyer must prepared the Payment Guarantee MT760 and MT103 TT Cash per Shipment). The next step, the Seller will prepared 2% Performance Bond (towards SBLC Value) for the Buyer.
Buyers who will buy from CBU also follow all the terms and conditions as above. Buyers are required to follow and comply with the Refinery’s rules. CBU will provide procedures that follow the Refinery’s rules.
Commission :
We confirmed that the commission especially for EN590-10PPM, US$x buyer side & US$x seller side per MT (including in the price per MT).
We complied with international trade rules and regulations by following ICC600. Then there will be the NCNDA (Non-Circumvention and Non-Disclosure Agreement) and the IMFPA (Irrevocable Master Fee Protection Agreement) will also be created.
Below are the list of Products of Oil & Gas :
