Subject: ***SPAM*** RE: Loi
From: [email-masked]
To: Info <[email-masked]>
Cc: 'Elyas Niroomand Toomaj' <[email-masked]>, 'Majid' <[email-masked]>
Date: Fri, 6 Oct 2023 20:34:10 +0200 (CEST)

Dear gentlemen,

Good day. The specs were missing from your first email. Would you please kindly send us the specs, so we can sort out all the details right after the golden week holidays

Many thanks 
Sincerely yours,
Management Team
Yarkin Enerji

Oct 4, 2023 at 17:56 by [email-masked]:

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> Dear Sir,
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> Good evening,
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> Thank you for the reply.
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> Is there a timeline for the super-heavy availability, please? 
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> At this moment we do not have time line, but we will inform you as soon as receiving feedback.
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> There is a significant delta between your offer and the last sales price from the supplier. Based on the latest information from the supplier the price for the heavy was minus $19 and the light was minus $14.50 (As mentioned in our LoI); as the buyer is ready to purchase and it's a new refinery (we will present the supporting documents in the meeting), and would be forming a long term strategic relationship with this buyer would it be possible to kindly match these offer or what would be the best and final offer, please?
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> Prices will be determined as per > the national company announcement.
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> But in case of new refinery we will give 13 for light pure and 18 for heavy.
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> 2.1>              > Please, kindly note that the end-buyer is going to purchase the basket continuously every month, and would be mutually beneficial to offer them the best prices available. 
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> The offered prices will be the best price and we are looking for long term as we are governmental and end supplier and owner of the cargo. Please consider that we are not trader and we hope that you will consider our KYC procedure as below items which we need.
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> Company profile
> Company License
> BCL
> Audited Financial Statements
> Notarized power of attorney
> Experience in crude trade
> Authorized signatories + Passport
> Website
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>  
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> Would it be possible to make the payment of 10% at the contract after the test and 90% at the time of the NOR and before the discharge? 
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> It is acceptable, but we need some guarantees for releasing the information of the vessel and the second item that we need to know is that the vessel is in OPL Qingdao now so you need to check if your client can make the dip test at OPL or not?  
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> 4. As we are waiting for the super heavy availability would it be possible to increase the light by one million barrels, please? 
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> It is possible and negotiable.
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> Regards,
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> Elyas
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> Commercial department
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> Puyuan Trade Company Limited
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> From:>  [email-masked] <[email-masked]> 
> Sent:>  Wednesday, October 4, 2023 1:06 AM
> To:>  Info <[email-masked]>
> Cc:>  'Elyas Niroomand Toomaj' <[email-masked]>; 'Majid' <[email-masked]>
> Subject:>  RE: Loi
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>  
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> Dear sir,
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> Thank you for your great offer. I would like to highlight the following notes, please: 
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> 1. Is there a timeline for the super-heavy availability, please? 
>
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> 2. There is a significant delta between your offer and the last sales price from the supplier. Based on the latest information from the supplier the price for the heavy was minus $19 and the light was minus $14.50 (As mentioned in our LoI); as the buyer is ready to purchase and it's a new refinery (we will present the supporting documents in the meeting), and would be forming a long term strategic relationship with this buyer would it be possible to kindly match these offer or what would be the best and final offer, please?
>
>
> 2.1 Please, kindly note that the end-buyer is going to purchase the basket continuously every month, and would be mutually beneficial to offer them the best prices available. 
>
>
> 3. Would it be possible to make the payment of 10% at the contract after the test and 90% at the time of the NOR and before the discharge? 
>
>
> 4. As we are waiting for the super heavy availability would it be possible to increase the light by one million barrels, please? 
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> I would like to thank you in advance for your kind collaboration. We are looking to establish a long-term fruitful cooperation with your esteemed organization.
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> Sincerely yours,
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> Management Team
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> Yarkin Enerji
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> Oct 2, 2023 at 19:24 by > [email-masked]> :
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>> Dear  Sir ,
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>> Thank you for the letter No. Ref: C_O_103  dated 25>> th>>   September 2023, With reference to the meeting, appreciate for your interest in establishing the business with SEJ, regarding crude oil please consider below items for the next steps :
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>> For super heavy crude oil we can not supply at this>>  >> moment
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>> For light pure crude oil
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>>  >>  >>                    
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>> 1->>    >> Quantity: 1,000,000 barrels (Suez size vessel which is in Chinese international waters )
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>> 2-  Quality : as attached, light pure crude oil, sulfur content of 1.46 %
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>> 3-  >>  >> Destination: it shall be mentioned in the contract so please advise the exact destination (discharge port) and name of the refinery 
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>> 4- Terms of delivery: CFR , one safe port in China
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>> 5- Payment terms:
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>> 5-1-Buyer shall make 5 million USD advance payment as per contract
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>> 5-2- Seller shall provide Vessel name, BL , CCIC and other POP documents with laycan to the destination port, further more permission for dip test at OPL will be issued to the buyer
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>> 5-3- buyer will make 10% of the payment based as per provisional invoice which will be issued as per provisional pricing period and after confirmation of the test and POP verification
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>> 5-4- vessel will register to the port of discharge after receiving 10% payment and get entry notice
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>> 5-5- after tendering NOR, buyer shall make 20% of the total value of the cargo and after that vessel shall get berthing order, after receiving berth order and before discharge buyer shall make the remaining payment up to  100% payment based on provisional value of the cargo, vessel will start for discharging after receiving 100% of the value of the cargo
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>> 5-6- price shall be minus 12.50 USD/BBL based on dated brent available quotations during mutual confirmed pricing period  
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>> 5-7- The final value of Cargo shall be determined and paid based on contractual unit price calculated as per final pricing period  (deducting the provisional paid amount) to Seller latest by three calendar days from the last calendar day of the respective pricing period of the contract.
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>> In case the final value of the whole Cargo is less than the provisional paid amount by Buyer under the terms and conditions of this contract, Seller will settle such difference, in the buyer’s nominated bank account.
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>> 5-8- for covering price fluctuation buyer shall provide guarantee for 20% of the total provisional value of the cargo in order to guarantee the payment of the price difference between provisional and final price.
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>> 5-9-in case that pricing period will be determined before discharge, item no. 5-8 is not required.
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>> For heavy crude oil
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>>  >>  >>                    
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>> 1->>    >> Quantity: 2,000,000 barrels (Suez size vessel which is in Chinese international waters )
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>> 2-  Quality : as attached, heavy crude oil, sulfur content of 1.9-2.1 %
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>> 3-  >>  >> Destination: it shall be mentioned in the contract so please advise the exact destination (discharge port) and name of the refinery 
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>> 4- Terms of delivery: CFR , one safe port in China
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>> 5- Payment terms:
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>>  
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>> 5-1-Buyer shall make 5 million USD advance payment as per contract
>>
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>> 5-2- Seller shall provide Vessel name, BL , CCIC and other POP documents with laycan to the destination port, further more permission for dip test at OPL will be issued to the buyer
>>
>>
>> 5-3- buyer will make 10% of the payment based as per provisional invoice which will be issued as per provisional pricing period and after confirmation of the test and POP verification
>>
>>
>> 5-4- vessel will register to the port of discharge after receiving 10% payment and get entry notice
>>
>>
>> 5-5- after tendering NOR, buyer shall make 20% of the total value of the cargo and after that vessel shall get berthing order, after receiving berth order and before discharge buyer shall make the remaining payment up to  100% payment based on provisional value of the cargo, vessel will start for discharging after receiving 100% of the value of the cargo
>>
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>> 5-6- price shall be minus 17.50 USD/BBL based on dated brent available quotations during mutual confirmed pricing period  
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>> 5-7- The final value of Cargo shall be determined and paid based on contractual unit price calculated as per final pricing period  (deducting the provisional paid amount) to Seller latest by three calendar days from the last calendar day of the respective pricing period of the contract.
>>
>>
>> In case the final value of the whole Cargo is less than the provisional paid amount by Buyer under the terms and conditions of this contract, Seller will settle such difference, in the buyer’s nominated bank account.
>>
>>
>> 5-8- for covering price fluctuation buyer shall provide guarantee for 20% of the total provisional value of the cargo in order to guarantee the payment of the price difference between provisional and final price.
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>> 5-9-in case that pricing period will be determined before discharge, item no. 5-8 is not required.
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>> Please consider that for other terms of delivery we can negotiate and also if we receive materials like profile, experience histories and bank statement for proof of fund from your good company we can provide SPA to get it signed and proceed.
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>> In order to discuss further details please contact us at +35796033090 in WhatsApp .
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>> We are looking forward to hearing from you soon.
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>> Regards,
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>> Commercial department
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>> From:>>  >> [email-masked]>>  <>> [email-masked]>> >
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>> Sent:>>  Monday, September 25, 2023 4:32 AM
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>> To:>>  Info <>> [email-masked]>> >
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>> Subject:>>  Loi
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>>  
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>> Hi
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>> Sincerely yours,
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>> Sales Team
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>> Yarkin Enerji
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