SPECIFICATION FOR GAS OIL D2 GOST 305-82
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Cetane index, min 45
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Distillation, degress C
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50% max 280
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99% (final boiling point) max 360
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Kinematic Viscosity at 20C, square mm/c, (cst) 3.0 – 6.0
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Sulphur, min / max, % 0.02 - 0.05
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Mercaptan sulphur, max % 0.01
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Hydrogen sulphide abs.
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Copper strip test Passes
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Water soluble acids and alkalis Abs
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Actual gum content, mg/100 cubic cm, max 40
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Acidity, mg/100 cm3, max 5
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Iodine number, g/100g, max 6
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Ash, %, max 0.01
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Capability of 10% residue, max, % 0.20
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Filtration index (before introduction of do pant), max 3
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Sediments Abs
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Water Abs
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Density at 20 deg. C, kg/m3, max 860
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Flash point (Closed cup) degrees C. min 62
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Pour point from March to October (summer), degrees C, max -5
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Pour point from November to February (winter), degrees C. max -10
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Cloud point from March to October (summer), degress C, mac 0
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Cloud point from November to February (winter), degrees C. max -5
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The product is guaranteed by Seller not to contain bacteria and other living organism
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Contamination above normal level (1000 CFU/l).
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1. Buyer sends LOI made out to SKIV CONCEPTS LIMITED
2. Seller sends FCO.
3. Buyer signs and returns the FCO.
4. Upon acceptance of the FCO, Buyer and Seller execute the SPA.
5. Buyer produces the confirmed LC via bank for the value of the first shipment.
6. On confirmation of the LC the Seller issues 2% performance bond in favour of the buyer for execution of the contract.
7. The seller issues POP in favour of the buyer and deposits it in the buyer's bank.
8. The 2% PB will be placed in buyer’s bank account. Should the seller fail to supply the cargo of the product this 2% will be paid to the buyer and the LC in favour of the seller will be revoked
9. Buyer's bank issue 100% irrevocable, revolving DLC for each cargo shipment of monthly delivery activated 2% PB.
10. The SGS inspection charges will be borne by the seller.
11. Shipment commence as per contract.
12. Buyer releases payment to the Seller and all Brokers/Agents at the same time, out-turn shipment delivered per slot via SWIFT, funds transferred within 2-3 working days after discharge of cargo and receipt of all the relevant shipping documents.
13. The cycle of the contract continues, or ends here for spot deals.
The LOI must reflect required quantity, port of discharge, target price as well as spot/contract period so that we can negotiate the best price with the refinery. The minimum order is 50 000 metric tons. 1 metric ton is equivalent to 1100 litres.
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