Kingdom Oil
About us | Strictly non negotiable. (1) first letter of intent from buyer (2) spa from seller to buyer to go through and accept. (3) signing by both parties. (4) buyer gives proof of fund to sellers bank (bank to Bank) sellers bank confirms pof and advice seller. (5) seller gives 2%peformance bond to buyers bank. With POP including vessels cpa. Q88 and bill of laden for Insurance. (6) upon verification of peformance bond, buyers bank Respond by opening the dlc to activate sellers Peformance bond. (7) lifting commences as to and agreed shedule Tt payment if made within 48 hours of discharge of Product, and quality and quantity checked by sgs Equivalent at buyers port of discharge. Discount is 4,00 gross $3.00 to buyer and $1.00 to Brookers (buyer and seller sides. |
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Industry Focus | Energy Agents, Fuel Oil, Crude Oil |
Products/Services | Blco CIF AND TTT, d2, gas oil 0.5and other crude oil products |
Our Markets | Mid East |
No. of Employees | 5 - 10 People |
Annual Sales Range(USD) | US$10 Million - US$50 Million |
Year Established | 2002 |
Legal Representative(CEO) | MR.H. ALAAMRI |