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ICPO CRUDE OIL 30 API A - PDF (1) 9

Jeff Yang, general manager of Oceanpeak Group, submits an intent to purchase crude oil from Souther Oil-Gas of Venezuela. The purchase would include 3 million barrels of API 30 crude oil from Venezuela, to be delivered CIF to ports in China. The terms include inspection by SGS, delivery to Oceanpeak's final buyer, and payment via wire transfer to HSBC Hong Kong within 7 days. Supporting documents would be provided after signing a sales purchase agreement.

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0% found this document useful (0 votes)
1K views1 page

ICPO CRUDE OIL 30 API A - PDF (1) 9

Jeff Yang, general manager of Oceanpeak Group, submits an intent to purchase crude oil from Souther Oil-Gas of Venezuela. The purchase would include 3 million barrels of API 30 crude oil from Venezuela, to be delivered CIF to ports in China. The terms include inspection by SGS, delivery to Oceanpeak's final buyer, and payment via wire transfer to HSBC Hong Kong within 7 days. Supporting documents would be provided after signing a sales purchase agreement.

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Ruth prado
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Date:September 9, 2019

Att. Souther OIL-GAS


Mr. Dr.Igol Pavel Medevev
Mr.Angel Bottini

I, Mr. Jeff Yang, with full legal and corporate responsibility, under penalty of perjury and subject
to contract, state that I am sufficiently authorized and therefore ready, willing and able to
purchase the foregoing commodity, subject to the following terms and conditions:

1. Product Description:
Seller: Souther Oil-Gas
Product: Crude oil API 30
Origin: Venezuela
Quantity: 3.000,000 Bbls or more
Inspection: SGS or equivalent
Term:

2. Terms and Conditions:


Final Buyer: OCEANPEAK GROUP
Port of Destiny: Dongjiakou Port or Huangdao Port, China
Delivery Terms: CIF,China
Price: USD ???
Payment: T/T

Proof of Product: To be delivered.


BCL: To be delivered.
Bank Information: HSBC Hong Kong. Account

After ICPO, Seller issues, Sales Purchase Agreement (SPA) with information and
details of seller bank and load the vessel, sails to buyer discharge port, seller issues
Authority to Board (ATB).

THIS ICPO IS VALID FOR SEVEN (07) CONSECUTIVES DAYS.


Sincerely,

Chang An (+584249463433)
Repesentante Venezuela

Jeff Yang
General Manager
Oceanpeak Group Limited

洋澎集团有限公司
Oceanpeak Group Limited
Rm 1605 Ho King Comm Ctr 2-16 Fa Yuen St. Mongkok

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