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Lloyd's Law Reports Plus

VITOL SA v JE ENERGY LTD

[2023] Lloyd's Rep. Plus 21

KING’S BENCH DIVISION (COMMERCIAL COURT)

Before Lionel Persey KC, Sitting as a Judge of the High Court

Contracts (sale) – Sale of crude oil fob – Deal recap – Long-form contracts – Laycan – Post-contractual negotiations – Whether sale contract terms varied by terms of subsequent letter of credit.

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