We have 25 000 metric tonnes of low sulfur diesel available monthly to qualified buyers
The offered sulfur content is 0,05w% and is acceptable for South Africa (far lower than 0,3%).
2. Origin – Malaysia or Phillipines refineries.
3. Due diligence between Seller’s and Buyer’s bank is a must. Seller’s bank – CIMB Malaysia.
4. We can guarantee the delivery by:
i) Issuing a 1.2% P/B to activate Buyer’s non-operative L/C. We do not need transferable L/C as far as we dispose of own credit facility and can confirm it during the due diligence process.
ii) Providing a resource allocation from the producer
5. Quantities can be increased but no more that 50000 mt/month
6. Price formulae to be discussed only once due diligence completed.