Seller
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Buyer/Agent of Record
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Commodity
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Green Petroleum Coke (<5% Sulfur Guaranteed)
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Origin
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USA
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Quantity
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Minimum: 75,000 MT/Month.
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Term of Contract
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12 Months with Annual R&E and (3 Year Long-Term Contract)
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Price
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$148/MT FOB-Vessel (Texas Port, USA)
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Terms of Purchase
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Subject to Buyer Acceptance with Pricing Review.
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Method of Payment
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US Bank Letter of Credit (Irrevocable, Assignable, Documentary)
Contract Buyer Name same as indicated on Letter of Credit
L/C Amount: Cargo Value +10% for each Lift
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Funds Availability
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On Deposit Two Weeks Prior to Lift Date; Payout: Bill of Lading
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Acceptance
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Product Subject to Inspection and Acceptable to Buyer
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Required Analysis
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Seller will Provide/Guarantee Current Certificate of Analysis
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Product Specifications
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#
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Description
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Value
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Comments
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1
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Moisture
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<8.0%
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-
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2
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Ash
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<0.7%
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<1.0% Max
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3
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Sulfur
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4.5%
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<5.0% Max
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4
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Volatile Matter
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<12.0%
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12.5% Max
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5
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Net Calorific Value (Btu)
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14,500
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>14,800
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6
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Hardgrove Grindability
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65
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7
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Tonnage (Minimum)
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75,000 MT
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On Delivery
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Seller Contact
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Black Diamond Energy Int’l. Representative
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Delivery
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FOB-Vessel, Texas Port / USA (To be determined)
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Packing
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In Bulk
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Inspection
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By Independent Laboratory Analysis @ Load Port
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Loading Schedule
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30 Days Maximum from Contract Acceptance
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Buyer Bank
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USA only, and Approved by Both Parties
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