Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 827 views

    ICPO To HSM Rev.1 (09.01.2019) - 2

    Uploaded by

    khairunnisa batubara
    This document is an irrevocable corporate purchase order from Infotech Research Consultant Limited to PT. Haluan Samudera Makmur for the purchase of liquefied natural gas. It orders 50,000 metric tons as a trial shipment and then 1,200,000 metric tons over 5 years in shipments of 100,000 metric tons. The gas will be shipped from Vladivostok, Russia to ports in China. Payment will initially be made via a $100,000 block fund and $1,000,000 letter of credit, with the remainder due upon inspection and testing of the gas upon arrival in China. The order is valid for 30 days.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    ICPO To HSM Rev.1 (09.01.2019) - 2

    Uploaded by

    khairunnisa batubara
    827 views5 pages
    This document is an irrevocable corporate purchase order from Infotech Research Consultant Limited to PT. Haluan Samudera Makmur for the purchase of liquefied natural gas. It orders 50,000 metric tons as a trial shipment and then 1,200,000 metric tons over 5 years in shipments of 100,000 metric tons. The gas will be shipped from Vladivostok, Russia to ports in China. Payment will initially be made via a $100,000 block fund and $1,000,000 letter of credit, with the remainder due upon inspection and testing of the gas upon arrival in China. The order is valid for 30 days.

    Original Description:

    m

    Original Title

    ICPO to HSM rev.1 (09.01.2019)-2

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document is an irrevocable corporate purchase order from Infotech Research Consultant Limited to PT. Haluan Samudera Makmur for the purchase of liquefied natural gas. It orders 50,000 metric tons as a trial shipment and then 1,200,000 metric tons over 5 years in shipments of 100,000 metric tons. The gas will be shipped from Vladivostok, Russia to ports in China. Payment will initially be made via a $100,000 block fund and $1,000,000 letter of credit, with the remainder due upon inspection and testing of the gas upon arrival in China. The order is valid for 30 days.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    827 views5 pages

    ICPO To HSM Rev.1 (09.01.2019) - 2

    Uploaded by

    khairunnisa batubara
    This document is an irrevocable corporate purchase order from Infotech Research Consultant Limited to PT. Haluan Samudera Makmur for the purchase of liquefied natural gas. It orders 50,000 metric tons as a trial shipment and then 1,200,000 metric tons over 5 years in shipments of 100,000 metric tons. The gas will be shipped from Vladivostok, Russia to ports in China. Payment will initially be made via a $100,000 block fund and $1,000,000 letter of credit, with the remainder due upon inspection and testing of the gas upon arrival in China. The order is valid for 30 days.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5
    At a glance
    Powered by AI
    The key takeaways are that this is an irrevocable corporate purchase order for liquified natural gas from Russia with specifications provided in an annex. A trial order of 50,000 metric tons and a permanent order of 100,000 metric tons for 60 months are placed. Details around pricing, inspections, performance bonds and the involved parties are also outlined.

    The commodity being purchased is liquified natural gas (LNG) originating from Russia. The trial order is for 50,000 metric tons and the permanent order is for 100,000 metric tons per shipment for 60 months, totaling 1,200,000 metric tons annually.

    The payment terms include an initial block fund of $100,000 for the first three months with the remaining $1,000,000 paid via letter of credit at sight for the following ten months. Upon arrival at the destination port and successful product testing, full payment is made via wire transfer.

    Irrevocable Corporate Purchase Order (ICPO)

    Date: 9th January 2019

    To: PT. HALUAN SAMUDERA MAKMUR


    Address: SME TOWER, 10/F JI. Jend Galot Subroto KAV, 94
    Jakarta 12780 - Indonesia
    Attn: Mr. Rahmad Akbar Siregar
    Managing Director

    I, Wicky Leung Wing Cheong under signed, as Managing Director of Infotech Research Consultant
    Limited. with Full Corporate and legal responsibility and authority under penalty of perjury, hereby place
    this Irrevocable Corporate Purchase Order (ICPO) of herewith named products according to the
    following terms and conditions:

    ICPO no. IRCP/001/19


    COMMODITY: Liquified Natural Gas (LNG)
    ORIGIN: RUSSIA FEDERATION
    SPECIFICATIONS: LNG International Standard (Please refer to the attached Annex “A”)
    TRIAL ORDER: 50,000/Metric Ton
    PERMANENT ORDER: 100,000/Metric Ton for 60 months (Annual Total: 1,200,000/Metric
    Ton)
    PER SHIPMENT: 100,000/Metric Ton
    CIF: China
    PORT OF LOADING: Vladivostok. Russia
    DESTINATION PORT: China Jiangsu Rudong/Guangdong Danshui Terminal
    PRICE: (USD) USD$270.00 per Metric Tons CIF CHINA Price;
    PAYMENT TERM & 1. By Block Fund for First Three Months with amount
    CONDITION US$100,000 and by LC at sight for Ten Months with amount
    US$1,000,000
    2. Upon the arrival of the vessel at destination port, Buyer
    coordinate conduct CIQ test on the product.
    3. Upon the successful test on product to comply with the
    specification in the contract, buyer release payment for the
    product via T/T wire Transfer.
    4. Seller pays all intermediaries involved in accordance with the
    signed NCNDA/IMFPA
    INSPECTIONS: SGS or Equivalence

    1
    PERFORMANCE BOND 2% PB, in favor of buyer.
    CIF INTERNATIONAL 1. Buyer issue ICPO to the Seller with Banking Detail, Company
    TRADING PROCEDURE: Registration Certificate.
    2. Seller issue Full Corporate Offer (FCO) and Gas Sale & Purchase
    Agreement (GSPA Draft Contract).
    3. After Seller issue the Draft Contract or GSPA for the Buyer’s
    Signatory. The Draft Contract or GSPA must be duly endorsed
    and returned alongside with the official Letter of Acceptance
    by the Buyer.
    4. Seller issue Commercial Invoice and Buyer Signed the
    Commercial Invoice and release email to Seller bank from Buyer
    Bank Swift 799 Admin Block for Payment via block fund TT MT-
    103.
    5. After Seller Bank Verification, Seller release PPOP Document to
    the Buyer via email as follow:
    a. APPROVAL TO EXPORT;
    b. CERTIFICATE OF ORIGIN;
    c. ANALYSIS REPORT (Q&Q) RIDZHIT;
    d. COMMITMENT TO SUPPLY;
    e. COMMERCIAL INVOICE;
    6. Upon the receipt of the partial POP documents as advised
    above, the buyer issues payment instrument block fund to Seller
    for the First Three Months with amount US$100,000 and LC at
    sight for Ten Months with amount US$ 1,000,000 to Seller and
    the Seller Bank responds with 2% PB to Buyer Bank
    immediately.
    7. Upon received and confirm block fund and LC at sight accepted
    by Seller Bank, Seller release Full PPOP (Buyer Name):
    a. CHARTER PARTY AGREEMENT;
    b. TANK RECEIPT;
    c. BILL OF LADING;
    d. SGS REPORT;
    e. VESSEL Q88 & OTHER SHIPPING DOCUMENTS;
    f. COPY OF INSURANCE;
    g. CERTIFICATE OF OWNERSHIP;
    h. AUTHORIZATION TO SELL;
    8. Upon receiving the FULL PPOP documents, Buyer issue CPA
    Storage Tank.
    9. Shipment and Delivery commences as scheduled.
    10. Within 5 working days of vessel arrival, Buyer release full
    payment via T/T wire after CIQ Test at the Destination Port.
    11. Seller releases payment to all Intermediaries within 24 hours of
    payment as mutually agreed in the NCNDA/IMFPA.
    VALIDITY: 30 days

    2
    Our Company Information:
    1. Company Name: lNFOTECH RESEARCH CONSULTANT LIMITED.
    2. Company Origin: ANGUIILA (See attached Annex “B”)
    3. Company Registration No.: 2244005
    4. Company Address: G/F, 8B MORRISON HILL ROAD, WANCHAI, HONG KONG.

    OUR BANK NAME AND ACCOUNT INFORMATION


    THE NAME OF BANK: DBS Bank (Hong Kong) Limited
    ADDRESS OF BANK: G/F, The Center, 99 Queen’s Road Central, Central, Hong Kong
    ACCOUNT NUMBER: 000624137
    ACCOUNT NAME: lNFOTECH RESEARCH CONSULTANT LIMITED.
    SWIFT NUMBER: DHBKHKHH

    We understand that all offer and/or contracts are subject to successful Seller verification of funds
    availability. We hereby give our written permission for the Seller to conduct a soft probe of our account
    and that our Bank has been informed to this effect.

    Yours Sincerely,

    Wicky Leung Wing Cheong


    Managing Director
    INFOTECH RESEARCH CONSULTANT LIMITED

    3
    Annex “A"
    QUALIFICATION DOCUMENTS
    Specification of LNG to be Supplied

    Source LNG Complex


    Nitrogen N2% 氮 0.14

    Methane CI% 甲烷 91.69

    Ethane C2% 乙烷 4.64

    Propane C3% 丙烷 2.60

    C4+% 碳四 0.93

    TOTAL 100

    LNG Density (1) kg/m3 密度 454.19

    Gas Density (2) kg/m3(n) 气体密度 0.8

    Expansion ratio m3(n)/ m3liq 膨胀率 569.15

    Gas GCV (2) MJ/ m3(n) 气体 GCV 43.67

    Wobbe index (2) MJ/ m3(n)沃泊指数 55.59

    4
    Annex “B”
    BUSINESS LICENSE

    You might also like