Crude Oil Trading Business Seeking Seed Funds in Palakkad
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They are into trading of Russian crude oil (Diesel EN590, 10ppm) from UAE. They have received a Russian supply allotment of 2 Lakh metric tone oil from a Dubai based refinery. 1 (One) Shipment of 50,000 Metric Ton per Month.
Clientele type
Numerous petroleum companies around the world.
Premises
No investment required, only short term Capital Deposit for 3months, will be 100% secured fully Refundable with PDC of prime UAE bank, under a company signed Legal agreement. The business would be based in UAE and has to be operated from a UAE office. Their India contact is based in Palakkad, Kerala
Asking Price Includes
A very attractive Business Offer for Investors, 100% secured, with High Guaranteed Returns 40-50%, on a fully refundable, short term Deposit. A reputed Oil refinery & marketing company in UAE selling Russian Diesel EN590, 10 ppm under allotment to sell to rest of the world, requires a short/long term Investor on ASAP basis. The investor is required to deposit with the company an amount of ₹13~14 Crore ($15,00,000) on contract basis for 3 months only. The Investors Capital shall be converted and deposited in Dollar currency, will be fully secured, and fully refundable at the end of 3 months contract. The investor shall be earning a lucrative commission/benefit of 40-50% margin per month on his deposited amount. There will be 1 shipment per month, total 3 shipments in 3 months. Thereafter the Investor shall have the choice to either renew the deposit for further 3 months or take the refund of the Deposit. The contract will be valid for 3 months, secured by a Legal and valid agreement, mentioning all agreed details, authorised by UAE government, signed between the investor and the company. The deal with the Investor and his deposited amount shall be 100% secured, under a state of "NO RISK", as: (i) First to ascertain the genuinity of company and their business operations, only after the Investor is ready with the mentioned capital, the Investor shall be required to personally visit the company's office in UAE, for an mandatory in person meeting for a Face to Face discussion with the company official. (ii) ONLY AFTER the agreement is signed between the Company and the Investor, the investor shall be required to deposit the amount with the company (iii) The Investor's deposited amount shall be additionally secured and refunded via Post Dated Cheque (PDC) issued by the company in favor of the investor, of any one of UAE based prime bank. The PDC shall be issued after signing of the agreement. (iv) Will be mentioned in agreement, that irrespective of any, the company shall be liable to pay the Investor the agreed fixed commission, on monthly basis for 3 months. No Fear of loss in Investment. (v) Diesel Oil like Gold, is a Non-Perisable commodity, with huge demand for low priced Russian oil worldwide. Due to on going Russian-Ukraine war, conflict in Gaza, recent Geo-Political risk in Red Sea, many countries are queuing up to buy the Oil at a premium. The company only intends to use the Investor's deposited amount to partly finance their per month shipment of 50,000 metric ton of Diesel and share the generated Profit with the Investor as Commision on monthly basis. Investors contacting shall be provided with further details, of the business offer. The terms of transaction will be discussed and legal agreement done with potential investors.
Reason
Seeking a Investor for Short Term funding, fully refundable 100% secured with PDC, guaranteed returns of 40-50% and legal agreement.
Other Details
They have a team to handle the procurement process of crude oil from refinery and set of Buyers for the Oil ready on Advance payment terms. They have established a strong network in refineries in Dubai. They have received allotment to procure a total of 2 lakh metric tonnes per month. They have projected a profit of 40-50% They seek INR 30 Lakhs to setup a office in UAE to get the license to trade crude oil from UAE.
Business Tags
₹10 to ₹200 Cr
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