Subject: Re:Re:Contract draft - XRJ -LYNX
From: Lynx <[email-masked]>
To: [email-masked]
Cc: [email-masked], [email-masked]
Date: Mon, 4 Dec 2023 10:46:36 +0800 (CST)

Dear sir，

please find the revised contract as attached.

Please note that Chinese buyers never use Dated Brent as settlement price, we always use Futures Brent, and our refinery production costs are cyclical to match the Futures Brent. 

As for the pirce, it started at -18, then rose to -16 after taking samples, after that you have already confirmed the price of -14.0, then we both agree to continue to discuss the contract. 
For the sake of your credibility, stop challenging us. The purchase price of the refinery is limited by the production cost, and your price increase without any bottom line is forcing the refinery to reduce production or stop production.

At last, we hope that our partners are stable and professional supplier, and you must also want a stable and professional buyer.

Waiting for your reply.

Regards.

At 2023-11-27 01:25:35, "Lynx" <[email-masked]> wrote:

Dear sir,

please find the revised contract and confirm the contract as soon as possible.

Since this cargo is sensitive, please keep our both paties' infomation confidential.

Regards,

Commercial department

At 2023-11-25 21:39:01, [email-masked] wrote:

Dear Sir,

Thank you for the meeting in China.

Attached please find the sample draft of contract for one Suez max which is in Qingdao right now with the same specification of the sample you got from VLCC.

Appreciated if you have any comments and then we will proceed for the next steps.

In the meantime Referring to the meeting, It would be appreciated if you would send the following information for our KYC system.

Company profile
Updated Company License
BCL or proof of fund
Audited Financial Statements
Notarized power of attorney
Experience in crude trade
Authorized signatories + Passport
Website
Destination refinery details
Contract with end buyer

 

Regards,

Commercial department