sell Nigerian crude oil BLCO QUALITY/ PRODUCT: Nigerian Light Crude Oil, NNPC Export Standard. QUANTITY: Trial 2 million barrels and next 10,000,000 barrels Monthly +/-5% for One (1) year with an Option of Roll and Extension. PRICE DISCOUNT: $10.00 Gross and $6.00 Net US Dollars per Barrel to the Buyer from Brent Platts on CIF price SECURITY INSTRUMENT: Documentary Letter of Credit (DLC) of about $150,000,000 (One Hundred and Fifty Million US Dollars). DISCHARGING PORT(S): CIF price CIF Qingdao and Rizhao Ports, China basis includes 110% marine insuranceof the cargo and ocean freight, CIF price PAYMENT BY: Telegraphic wire transfer (MT103) within 3-5 days of delivery at discharge port.
Origin: Nigeria; Price: Discount $10; Delivery Terms: CIF ; Supplier: NNPC; Payment: MT799 BLOCK FUND or MT760 SBLC OR MT700 DLC;
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.
Specifications: Origin: Nigeria Nnpc Specific Gravity: 0.8398. Api At 60 Deg. F: min 35.0 - Max 37.00 +/- 5% (astm D-1298). Water Content By Distillation: 0.2% (astm D-4006). Pour Point Degrees F: below 40 (astm D-97). Sulfur Weight %: 0.14 (astm D-139). Salt Content Parts Per Billion: 3.0 (astm D-526). Reid Vapor Pressure (p.s.i.g.): 6.52 (astm D-529). Kinematic Viscosity @ 30 Deg. C: 2.2 (astm D-523). Initial Boiling Pt. (ibp): 35 Deg. C (astm D-86). Distill To 75 Deg. C Vol.%: 7.0. Distill To 175 Deg. C Vol.%: 35.5 Distill To 300 Deg. C Vol%: 60.5 Colour brown.
We sell Nigerian Bonny Light Crude Oil. Only serious buyers are entertained please.
PROPERTY APPROX. VALUE/ RANGE SPECIFIC GRAVITY 0.8335 API 32.9 35.30 WATER CONTENT 0.36.13% VOL RSW 0.6% VOL POUR POINT +50 DEGREE F SALT. Lb, 1,000 BBI 3.16 TOTAL SULFUR, wt% 0.14% 0.16% REID VAPOUR PRESSURE 6.52 PSIG CARBON RESIDUE, wt% 1.0 V/NI, PPM WT: 2 - 3 Vis cst@37.80C 3.47 YEILD C1 - C4, wt% 2.10
Supplier: Bonny light crude oil (blco), yemen light crude oil, jet fuel, diesel d2, d6, mazut, base oil, gasoline, cocoa bean and powder, petroleum products, coal, diesel, bitumen, petcoke, aluminum, hms, charcoal, wheat, sugar, milk, soybean, corn, beef, chicken, flour, meal, rye, frozen vegetable, okra, french fries, etc.
Services: Procurement, exporter
SELL BLCO QUALITY/ PRODUCT: Nigerian Light Crude Oil, NNPC Export Standard. QUANTITY: The quantity to be delivered for Buyers Q&Q in DESTINATION PORT shall be ONE TWO MILLION (1 - 2,000,000) BARRELS +/- 5% initial delivery, followed by ONE - TWO MILLION (1 - 2,000,000) BARRELS +/- 5% SHIPMENT PER MONTH FOR 12 MONTHS on mutual agreement. TOTAL QUANTITY: 120,000,000 barrels PRICE DISCOUNT: The price shall be calculated in barrels. The price to be paid shall be based on the Buyers Inspector Report of survey of Quantity and Quality (Q&Q) of the Light Crude Oil for each shipment based on standard out-turn Barrel by SGS or its Equivalent at destination port. Gross price US$10.00 per barrel and Net price US$6.00 per barrel PAYMENT INSTRUMENT: Buyers Bank shall issue a STAND BY LETTER OF CREDIT SBLC VIA SWIFT MT760 in favour of Sellers nominated Account as logistics funds & WITH MT103 SWIFT WIRE TRANSFER FOR FINAL PAYMENT after Q&Q in DESTINATION PORT. DISCHARGING PORT(S): CIF price CIF China, Indian, Singapore, Australia, Asia PAYMENT BY: Telegraphic wire transfer (MT103) within 3-5 days of delivery at discharge port. COMMISSION: buyer pays Two US Dollar ($2.00) per barrel to both buyer / seller brokers & facilitators, per the separated IMFPA (Irrevocable Master Fee Agreement) The Seller side is closed. The buyer side 2 USD per bbl is open. CIF PROCEDURE SBLC 1. Contract to be signed between the seller and buyer and copies send to their banks. 2. Buyer issues letter of readiness to the NNPC through the seller and upon confirmation of readiness letter from buyer by seller/NNPC, seller instruct the corporation (NNPC) to send a supply assurance letter to buyer. 3. US$10million BG/SBLC VIA SWIFT MT760 to be issued from buyer bank to seller nominated bank according to seller approved verbiage. 4. Full sets of shipping documents of loaded cargo in buyer name to be sent direct to buyer or by bank to bank shipment by shipment. 5. Buyer sends his full NOR/ETA/ ATB format and Inspector and Supercargo IDs. Seller issue MATB and invite buyer inspectors to board the vessel for Q&Q 6. 100% conditional payment instrument via MT103/72 to be issued from buyer bank to seller nominated bank. 7. Cargo is unloaded into buyer storage tank and CIQ inspection is concluded. Seller issue cargo documents and invoice to buyer based on CIQ result. 8. Buyers Bank pays for the full cargo to Sellers bank via MT103 Swift Wire Transfer and simultaneously pay commissions to all Agents/Facilitators on this SPA, against Original copies of all relevant Cargo documents, including certificate of ownership and vessel Charter Party Agreement in Buyers name. 9. Next shipment continues as shall be mutually agreed, subject to prevailing price.
PROCEDURE FOR QINGDAO OFFSHORE TANK FARM STORAGE PRIC E: $10/4 NET$6 1. Buyer and Seller sign and seal the Sales and Purchase Agreement including full Banking coordinates of Seller and Buyer. 2. Buyer returns signed SPA with names of persons and inspectors authorized for CIQ inspection. 3. Seller provides the offshore POP (4) documents to buyer for verification and confirmation of product in storage with tank manager/Agent in Qingdao China. (1) Tank Receipt (2) Storage Certificate (3) Storage information (4) Discharge certificate Note: Certificate of entry will be provided when product is cleared to Onshore. 4. Seller gives direct contact information of tank farm agent/manager in Qingdao assist buyer to verify full cargo documents. After verification and Confirmation of Documents and reality of crude oil in Qingdao. 5. Buyer issue SBLC or BG MT760 for reassignment of documents and Warrantee of Title (W.O.T.) from buyer bank to seller fiduciary bank account according to sellers verbiage/text in amount of $1,000,000 via a bank account as per stipulated banking coordinates. Note: SBLC or BG is only for 30-45day only WOT means Warrantee of ownership is transferred to buyer. WOT will be issued within 2 WEEKS AFTER RECEIPT INSTRUMENT. Reassignment of the following documents will be made to buyer with the WOT. CLEAN OCEAN BILL OF LADING, ONE (1) ORIGINAL AND THREE (3) COPIES SELLER'S COMMERCIAL INVOICE, ONE (1) ORIGINAL AND THREE (3) COPIES SGS/SAYBOLT CERTIFICATE OF QUALITY AND QUANTITY, ONE (1) ORIGINAL AND THREE (3) COPIES CERTIFICATE OF ORIGIN ISSUED BY NNPC, ONE (1) ORIGINAL AND THREE (3) COPIESOF CERTIFICATE OF AUTHENTICITY ISSUED BY NNPC, ONE (1) ORIGINAL AND THREE (3) COPIES CERTIFICATE OF OWNERSHIP MASTERS RECEIPT FOR SAMPLES MASTERS RECEIPT FOR DOCUMENTS CARGO MANIFEST 6. Seller shall move the said offshore floating product to a NNPC Onshore China Tank Farm/Storage nearest to Buyers POD by Buyers nominated inspection team for CIQ inspection. Buyer conducts SGS/CIQ/QNQ at buyers onshore tank depot 7. Buyer and Seller shall receive CIQ Inspection report from the inspection. 8. Buyers Bank shall swift and effective MT103 or T/T covering the entire cargo within Twenty-four (24) hours upon receipt of positive CIQ Report from the Inspection Agency as stipulated in the SPA 9. Buyers Shipping/Forward Agent shall handle the transfer of cargo from NNPC onshore China Tank Farm/Storage to Buyers Tank Farm/Storage. Next transaction begins base on agreement between both parties NOTE; DISCHARGE WILL ONLY TAKE PLACE AFTER ALL FEES AND COMMISSIONS HAVE BEEN PAID ACCORDINGLY.
