These are the details for the profile UK based mandate/intermediary looking for supplier of crude oil..
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A UK based trade intermediary, established in 2006 is looking to go into a distribution agreement with suppliers of crude oil. All suppliers will be required to issue a performance bond. This company is currently mandate to buy crude oil on behalf of a private group on a cost, insurance and freight (CIF) basis.
This UK based trade intermediary prides itself on building strong relationships with its suppliers. Established in 2006, the company specialises within the physical markets acting as the mandated buyer, seller or intermediary. This business is truly international and has transacted in the USA, Africa and UAE. The company is wishing to enter into distribution agreement/ joint venture and buy from/represent crude oil sellers internationally. The company is currently mandate to buy crude oil for a private group on a CIF basis.
It procures the highest quality products but takes a flexible approach and ensures the correct financial and credit instruments are in place.
All suppliers will be required to issue a performance bond (PB) and proof of product (POP).
The client has strong experience of procurement and sales into international markets. It is focused on building strong long term relationships with all key stakeholders and in particular its suppliers.
The company seeks suppliers of crude oil.
Company requires an end product seller or seller mandate with proof of product to place a performance bond against contract. Honest, reliable and able to negotiate to accommodate buyer procedures. Partner must be in the business for long term relationship, not spot trades.