A company acting as a Trade Broker is looking for Buyers to enter into annual Contracts for the sale of Bonny Light Crude Oil produced in Nigeria on the terms CIF Ports of China and India. Payment Terms: DLC or SBLC; Price: minus 9 from Plats per BBL; Product Quality: as per Export Standard; Inspection: SGS/equivalent. Contact Person: Nick
Bonny Light Crude Oil (BLCO) is a high-quality, light sweet crude oil with low sulfur content, making it ideal for refining into premium products like gasoline and diesel. Sourced from Nigeria, it is globally recognized for its excellent refining characteristics and high yield.
We are NNPCS official allocation holder, offer real CIF or FOB bonny light crude oil direct from NNPC
We sell bonny light crude oil at off OPEC price and we will offer all commission for the buyer side because we are the seller, no any seller side agent
Pls contact me, and I will offer my company BLCO proposal to you (including proof of product and SOP)
Minimum order:2 Million barrel/vessel
WHAT IS BONNY LIGHT CRUDE OIL OR BLCO
Bonny Light Crude Oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of Bonny.
The very low sulfur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and the lower environmental impact of its byproducts in refinery
effluent.
CIF PROCEDURE:
BRENT PLATT DISCOUNT: US$8.00 Gross: US$4.00 Net: BELOW BRENT PLATT PRICE. US$4.00 Commission [US$2.00 for Buyer Agents & US$2.00 for Seller Agents - Closed]
Buyer sends Letter of Intent [LOI] addressed to the Seller. Seller and Buyer sign and seal Sales/Purchase Agreement and copies sent to both parties bankers, the electronically signed copy considered legally binding and enforceable in international arbitration laws.
Buyer's Corresponding bank via MT199 Pre-advice Seller's financier's bank and states its readiness, willingness and ability to swift an operative MT760 SBLC to seller's bank. Also request the seller's bank to confirm to it via MT199 its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to it.
Seller's bank shall confirm via MT199 Pre-advice to Buyer's bank its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to Buyer's bank.
Buyer's Bank shall swift an operative MT760 SBLC for total cargo to Seller financier's bank in Seller financier's acceptable Verbiage
1. Specific gravity @ 60 Deg. F : 0.8459 0.8498
2. API gravity at 60 Deg. F : Min 33.5 Max 37.00 +/- 5% (ASTM D-1298)
3. Water content by distillation : 0.50 (volume) Max (ASTM D-4006)
4. Pour point degrees F : BELOW 40 (ASTM D-97)
5. Sulfur weight % : 0.14% - 1.20% (ASTM D-139)
6. Salt content parts per billion : 3.16 Max (ASTM D-526)
7. Reid vapor pressure (P.S.I.G.) : 6.52 PSIG Max (ASTM D-529)
8. Kinematic viscosity @ 30 Deg. C : 2.2 (ASTM D-523)
9. Distillation initial boiling point (IBP) : 35 DEG. C (ASTM D-86)
a. Distill to 75 Deg. C vol.% : 7.0
b. Distill to 175 Deg. C vol.% : 35.5
c. Distill to 250 Deg. C vol.% : 51.5
d. Distill to 300 Deg. C vol % : 60.5
Crude Oil:
Bonny Light
REBCO
ESPO (Siberia Pacific Oil)
Basra Light
WTI
Southern Green Cayon Blend
Olmeca Mexican crude
Heavy Crude, etc.
Product Description :
Crude oil is a mixture of hydrocarbons that formed from plants and animals that lived millions of years ago. Crude oil is a fossil fuel, and it exists in liquid form in underground pools or reservoirs, in tiny spaces within sedimentary rocks, and near the surface in tar (or oil) sands
Price of product ( USD price or FOB price) : Price on request
Product origin : Worldwide
Key Specifications/Special Features :
Specifications for types/grades of crude (special grade needed by buyer)
will be issued after received your credible purchase request in the form LOI/ICPO docs.
Minimum Order Size and Packgaing details :
Bulk in tanker vessels.
Tanks 20 MT.
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