from:Victor Savior <[email protected]>
to:[email protected]
date:Feb 3, 2020, 4:36 PM
subject:Attn:
Attn:
Just got your email alert. Am an employee of Sinopec Group and not GEPetrol. Sinopec's head office is in China and our company is a buyer of GEPetrol crude oil. GEPetrol head office is in Equatorial Guinea with outlet office in Johannesburg.I was assigned to look for someone having a license to sale GEPetrol crude oil.
You will not be looking for a buyer once you get the license as I will use my insider position in Sinopec to ensure that our company buys GEPetrol crude oil from your license. Be advised that you will not physically and actively sell the crude. All you will do is to get a formal corporate offer letter from Sinopec and forward the offer letter to GEPetrol to inform them that Sinopec is offering to buy the crude oil from your license.
On receiving this formal corporate offer letter from you, GEPetrol will send you an Authority to Load (ATL) approval and a Sales Purchase Agreement (SPA) to be signed between you(licensed agent), Sinopec (buyer) and GEPetrol (seller). This SPA agreement will state the prize of the crude oil per barrel, the quantity of crude oil which the buyer intends to buy, the commission rate due for the licensed agent per barrel, the account of GEPetrol where the buyer will remit the payment for the crude oil and the bank account of the licensed agent where GEPetrol will remit the commissions to on receiving payment from the buyer.
The Authority to Load (ATL) approval is to give approval for the buyer to load the crude oil into their vessel.
The SPA can be signed and transmitted via email scan attachment because both Sinopec and GEPetrol accepts electronically signed documents.
After the SPA is signed, the buyer will commence the loading of the crude oil into their vessel. Once loading is completed, the buyer will make payment to GEPetrol and on receiving payment , GEPetrol will remit the commissions to the license agents bank account.
I will guide you step by step through this process until Sinopec makes payment to GEPetrol and this is where the role of a license agent ends. The entire process from sending the offer letter to GEPetrol to signing of the SPA and completion of loading will take about 12 days.
It will be to our advantage for you to get the license before our company vessel arrives the GEPetrol loading port. If not, our company maybe pushed to look for another license agent to buy from and I cannot guarantee of getting you another buyer. The vessel is expected to arrive GEPetrol loading port on the 10th of February and before this date, you are expected to obtain the license and also secure the authority to load approval. The vessel delaying at the port on arrival will lead to extra cost to Sinopec on the maintenance of the vessel.
Let me know if you need more clarification.
Regards,
Victor Savior
to:[email protected]
date:Feb 3, 2020, 4:36 PM
subject:Attn:
Attn:
Just got your email alert. Am an employee of Sinopec Group and not GEPetrol. Sinopec's head office is in China and our company is a buyer of GEPetrol crude oil. GEPetrol head office is in Equatorial Guinea with outlet office in Johannesburg.I was assigned to look for someone having a license to sale GEPetrol crude oil.
You will not be looking for a buyer once you get the license as I will use my insider position in Sinopec to ensure that our company buys GEPetrol crude oil from your license. Be advised that you will not physically and actively sell the crude. All you will do is to get a formal corporate offer letter from Sinopec and forward the offer letter to GEPetrol to inform them that Sinopec is offering to buy the crude oil from your license.
On receiving this formal corporate offer letter from you, GEPetrol will send you an Authority to Load (ATL) approval and a Sales Purchase Agreement (SPA) to be signed between you(licensed agent), Sinopec (buyer) and GEPetrol (seller). This SPA agreement will state the prize of the crude oil per barrel, the quantity of crude oil which the buyer intends to buy, the commission rate due for the licensed agent per barrel, the account of GEPetrol where the buyer will remit the payment for the crude oil and the bank account of the licensed agent where GEPetrol will remit the commissions to on receiving payment from the buyer.
The Authority to Load (ATL) approval is to give approval for the buyer to load the crude oil into their vessel.
The SPA can be signed and transmitted via email scan attachment because both Sinopec and GEPetrol accepts electronically signed documents.
After the SPA is signed, the buyer will commence the loading of the crude oil into their vessel. Once loading is completed, the buyer will make payment to GEPetrol and on receiving payment , GEPetrol will remit the commissions to the license agents bank account.
I will guide you step by step through this process until Sinopec makes payment to GEPetrol and this is where the role of a license agent ends. The entire process from sending the offer letter to GEPetrol to signing of the SPA and completion of loading will take about 12 days.
It will be to our advantage for you to get the license before our company vessel arrives the GEPetrol loading port. If not, our company maybe pushed to look for another license agent to buy from and I cannot guarantee of getting you another buyer. The vessel is expected to arrive GEPetrol loading port on the 10th of February and before this date, you are expected to obtain the license and also secure the authority to load approval. The vessel delaying at the port on arrival will lead to extra cost to Sinopec on the maintenance of the vessel.
Let me know if you need more clarification.
Regards,
Victor Savior
