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GIC GERMAN LOI # 3 Loi - BARRELS - Proyectos - Altea - SL # 3 GIC GERMAN LOI NEW STEEL DRUMS SEPT 5, 2020

GIC-German International Cooperation GmbH is seeking to purchase 170 million steel barrels over one year for storage and transport of oil and gas products. The barrels would be shipped monthly, with 10 million barrels going to New York and 10 million to Turkey each month. Key terms of the proposed purchase include inspection by SGS, a 2% performance bond, and payment via irrevocable letter of credit. Product specifications and photos of sample barrels are included for reference. GIC represents end buyers and is seeking a long-term supply contract.

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A.GOKHAN KEBAPCIOGLU
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516 views3 pages

GIC GERMAN LOI # 3 Loi - BARRELS - Proyectos - Altea - SL # 3 GIC GERMAN LOI NEW STEEL DRUMS SEPT 5, 2020

GIC-German International Cooperation GmbH is seeking to purchase 170 million steel barrels over one year for storage and transport of oil and gas products. The barrels would be shipped monthly, with 10 million barrels going to New York and 10 million to Turkey each month. Key terms of the proposed purchase include inspection by SGS, a 2% performance bond, and payment via irrevocable letter of credit. Product specifications and photos of sample barrels are included for reference. GIC represents end buyers and is seeking a long-term supply contract.

Uploaded by

A.GOKHAN KEBAPCIOGLU
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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GIC-German International Cooperation GmbH

Ludwigstr.31 , 60327 Frankfurt am Main

( LOI ) Letter Of Intent


Steel Barrels CIF (Turkey and New York) – 170 Million Pieces
Company: TO
Proyectos
To Y Reformas Altea slLIMITED
MINAN PROJEKTGESELLSCCHAFT
NORTHERN ATLANTIC ENERGY UG
Friedich- Liste- St.6 D70771
Leinfelden-Echterdingen Germany DATE: 29 AUGUST 2020
VIA: PROYECTOS ALTEA SL SPAIN DATE:
Date: 21/08/2020
04/08/2020,
27/08/2020
2
This LOI is valid for 5 days

The Company: Our Company G.I.C German International Cooperation GmbH, located in Frankfurt – Germany, working
since many years worldwide at the fields of Energy, Environment, Industry, Technical Innovation, also at Import and
Export business. We are working together with keen and genuine Customers and Clients and would like to start a trusty
and successful long term cooperation with your Company.

RWA Statement: We, the undersigned confirm that we are Ready, Willing and Able to discuss (in good faith and with
serious & genuine commercial intent) a contract for the purchase of the following commodity/commodities as specified
below; and in the quantity and for the price as specified in the terms and conditions as stated below.
Company GIC (German International Cooperation GmbH) as official mandate represent officially some end buyer of
several products worldwide and hence support pre organization between buyer and Seller (Seller mandate).

Following Items, Payment Terms and Conditions: Steel Drums – 170 Million pieces – CIF (ASWP)

Commodity : Steel Barrels to use for storage and transport of Oil&Gas Products
Quantity : 170 Million Barrels – 10 Million BBL to Turkey and 10 Million BBL
to New York
Target price : Best price
Product description: See attached table - slide 2 and 3 in this LOI

Payment Terms : Irrevocable, nontransferable LC at Sight

Delivery Terms : ASAP – Seller must share the schedule of supplying the goods

SHIPMENTS : Sea freight

Port of Loading : Any Origin -prefered KSA – UAE – Russia – Europe - China is not an option

Port of destination : 10 Mio BBL monthly to New York, and 10 Mio BBL monthly to Turkey

Packing : TBD - seller option

Inspection : SGS

Performance bound (pb) : Seller and Buyer isuue 2% of total amount

Contract Period : One year contract – 20 Million BBL monthly , about 8 … 10 Shippments
GIC-German International Cooperation GmbH
Ludwigstr.31 , 60327 Frankfurt am Main

COMMODITY: METAL FUEL BARRELS / STEEL BARRELS


TOTAL QUANTITY: 170 MILLION BARRELS (BRAND NEW)
QUANTITY PER MONTH: 20 MILLION BARRELS
DESTINATION: CIF MERSIN PORT, TURKEY AND NEW YOURK (10 mio PER each DESTINATION
INSPECTION: BY SGS OR SIMILAR ON THE SELLER ACCOUNT PBG: 2%
ORIGIN: ANY SOURCE WITH INTERNATIONL STANDARDS

SPECIFICATIONS: Fuel barrel standard and features:


• Close and open top (line /unlined).
• Prime grade cold rolled steel as per JIS G3I41 SPCC-SD 210 Liters / 55 Gallons.
• Two rolling hoops set of 4 corrugations on either side or rolling hoops expanded in the body
two sets, filled to the top of the drum (excluded in open top) 2", 3/4"
• As per customer's standard (2-colors/ 3-cofors) paints with specially formulated heated enamel
point to the color specified by customer
• 210 Liters (55 Gallons)
• 0.7mm — 1.4mm
• 0.7mm — 1.4mm
• 883mm +/- 3mm
• 585mm +/- 3mm
• 580mm +/- 3mm

Payment Terms: Irrevocable, Transferable, Revolving LC

Procedures:
Seller issues an Corporate Soft Offer
Buyer issues Irrevocable Corporate Purchase Order (ICPO) OR Letter of intent to Seller
AND BUYER SENDS PROOF OF FUNDS (BCL) AND SELLER SEND POP THE CERTIFICATION OF
THE BARRELS AND TEST REPORT OF PRODUCT- OLD SGS REPORT – VIDEO Certificates
(ISO)....
REQUIREMENT
1- THE CERTIFICATION OF THE BARRELS AND TEST REPORT OF PRODUCT- OLD SGS REPORT–
VIDEO Certificates (ISO)...
2- THE PACKAGE TYPE.
3- THE NUMBER IN EACH PACKAGE.
GIC-German International Cooperation GmbH
Ludwigstr.31 , 60327 Frankfurt am Main

Similar Photos of the required Products

Please provide your Company profile, Other Product Specifications and price list based on the requested
quantities for future cooperation and to let your company get in touch with our partner companies
working on the logistic and transport field

Thank you,

With best Regards

GIC-German International Cooperation GmbH - Ludwigstr.31 , 60327 Frankfurt am Main

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