Payments
The
refining and sales of the refined product
is mainly conducted through our Chinese outlets
such as Sinopec and Sinochem, which we market
in modest volumes.
Excess
Oil & Gas always supplies its clients
on an FOB basis using a set discount of the
“Platt’s” quotations. This
ensures a constant discounted price throughout
the term of the contract. Occasionally we
will enter into a CIF contract providing the
partners are well known to Excess but the
parameters of the discount structure remain
unaltered.
Excess Oil & Gas offers to all its customers
the many years of marketing, sales and contractual
matters in the management of oil contracts.
For example through long years of negotiation
and experience are contracts have become simple
and straightforward. Through our connections
we offer long-term continuity of supply through
long-term contracts.
The
Customer has the security of paying by letter
of credit, which can only be collected when
the goods have been collected from the port
of lading. We also pay through letters of
credit thereby giving our customers the security
of having a guaranteed payment. Our terms
of payment for our customers are a 1-day payment
period due to the fact that our payments are
guaranteed and backed up with the letters
of credit gives all parties involved total
security of delivery and payment.
Finance
Provides
administrative, financial, legal, accounting
and advertising services reviews, thus
lending his expertise to the project
team ensuring that the total construction
effort functions smoothly.
Excess Oil & Gas principal business
approach is to take total responsibility
for the supply, engineering and construction
of major ventures. Our capabilities
range from projects of £250,000
to multi-million dollar capital cost.
Excess Oil & Gas will do everything
from small re-vamps of control systems
to design and construction of major
process units.
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