Nigerian National Petroleum Corporation (NNPC) for Bonny Light Crude Oil Specification (Nigerian BLCO)
Nigerian NNPC Specifications for BLCO:
Specific Gravity: 0.8459.
Water Content: 0.2% Vol. Max
BSW: 0.6% Vol., max.
Pour point: Below 40 Degree F. max
Salt: LB per 1,000 bbl, 12, max
Total Sulphur, wtK%: 0.14 max
Reid Vapor Pressure: 6.52 PSIG, max
Carbon Residue, wt%: 1.0, max.
VINI, PPM wt: 2.0
Vis, cst @ 37.8 Deg C.: 3.47, min.
Yield C1-C4 wt%: 2.10
PROCEDURE FOR TAKE OVER (TTO) GHANA WATERS.
Discount: $11/$4
1) Seller issues Contract.
2) Buyer and Seller sign / seal this contract Agreement and buyer return with Copy of ATB / NOR Format which includes buyers name, inspection company name, shipping agent details, super cargo name and ID, all emails included, harbor master name, phone number, tug boat name, radio channel, color and flag.
3) Upon confirmation of Buyer's high court indemnity and international passport seller instruct loaded vessel to issue
NOR/ETA after Sellerâ??s BG is been confirmed by the NNPc terminal to Buyer's harbor master, and sail to 10/12 nautical mile Tema Ghana.
4) Upon arrival at 10/12 nautical mile Tema Ghana, vessel captain makes announcement to Port authority in favor of Buyer and issue Matb to board Buyer's super cargo and inspection team.
5) Within 24 hours, Buyer's shipping agent processes clearance and board inspection team on loaded vessel at Buyer's expenses. Inspector disembarks from loaded cargo with samples for Q &Q, while supercargo remains on board until final tanker take over.
On completion of boarding, attestation and collection of samples for Q&Q by inspector, Buyer releases USD 1,000,000 for logistics and documentations.
6) Final Payment is made by Swift Wire Transfer via Swift MT103 (less USD1, 000,000) within 72hrs through Sellerâ??s commercial invoice presented after Q & Q is ascertained by buyerâ??s inspection agents and presentation of the original shipping documents to the buyer.
7) Seller introduces Buyer to vessel owner for re-chartering to enable Buyer re-chatter vessel to enable vessel sail to Buyerâ??s pod.
These are the specs and the procedure plus the price $11/4. No instrument or bank Guarantee required only pay $1M USD for Logistics after inspection DIP and pay and we (RAINBIRD MODRAN PROJACTS) will charge a $2 with each Barrel for our Office commission from Buyer side.
If are interested and agreed with above terms please let me Know, we have a good supply source in line, so we will do a good business within short notice, if you still need any more clarification, please don't hesitate to contact us. We are herewith assisting you all times.
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.
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
Minimum Order Size : 2 million Barrels shipped monthly on a 12 month contract. Renewable after 12 months we only deal with buyers directly and on SBLC. We can ship any amount over 2 million barrels T/T
Bonny Light Crude Oil (BLCO) Min 35.0 Max 37.0 (+/-5%) Maximum Quantity: 2,000,000 Barrels per Month Price: Gross USD $89.00BBL - $85.00 CIF FOB TTO Negotiated per SPA. TERMS OF NEGOTIATION ORIGIN: FEDERAL REPUBLIC OF NIGERIA INCOTERMS: CIF/FOB/TTO LOADING TERMINAL: GULF OF GUINEA / FORCADOS PAYMENT TERMS: SBLC-MT760, MT103 PERFORMANCE BOND: 2% PB CONTRACT TERM: 12 MONTHS MINIMUM (WITH ROLLS AND EXTENSIONS) INSPECTION: SGS, CIQ OR SIMILAR COMMISSION: STRUCTURED NCNDA/IMFPA FOB ROTTERDAM TANK TAKEOVER (SELLER TANK EXTENSION) 1. Buyer sends ICPO in line with seller working procedures 2. Seller issues Commercial Invoice (C.I.), Buyer Signs within 24 hours and returns to Seller Within its validity. 3. Upon receipt and review of the signed C.I., Seller sends to the buyer detailed information of Tank Storage facility where the product is stored for buyer to contact and extend the tank for at least a minimum of three (3) days. 4. Upon confirmation of Buyer's tank tension from seller's tank farm, Seller submits to by an Unconditional Dip Test Authorization (UDTA) along with the below full POP documents: - SGS report, Pre- Injection Report, Commitment Letter to Supply Authorization to sell & collect. 5. Buyer appoints their testing teams SGS or Equivalent to vessel. dip test in seller tank before injection to the buyer's vessel or conduct test upon injection completion into the buyer's vessel to ascertain the Quality and Quantity injected to the vessel. 6. Upon successful completion into buyers tanker, Seller issues payment invoice for Buyer to pay for the product value 7. Seller issues Tittle ownership documents to buyer upon confirmation of buyer payment. NCNDA/IMFPA sign and seal by all intermediaries connected in the transaction. 8. Seller within 24 hours upon receipt of the buyer's payment pays commission to all intermediaries involved in the transaction.
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
Specific Gravity: 0.8459 Water Content: 0.2% Vol. Max BSW: 0.6% Vol. Max Pour point: Below 40 Degree F. Max Salt: LB per 1,000 bbl, 12, Max Total Sulphur, wtK%: 0.14 Max Reid Vapor Pressure: 6.52 PSIG, Max Carbon Residue, wt%: 1.0, Max VINI, PPM wt:, 2.0 Vis, cst @ 37.8 Deg C: 3.47, Min Yield C1-C4 wt%: 2.10 Agents/Brokers/Buyers can always contact Ostus Ltd via Go4WB and provide us with your specification, terms and conditions with ICPO without exclusion of end-buyer's full details. We will not process any paperwork that is incomplete; if you decide to remove the contact details of the end-buyer from the paperwork. End-seller can only prepare a FCO/SPAs to end-buyer. Please, check on an International commodities pricing platforms for your Platts/DTD Net prices for BLCO. Seller or Title Holders prefer SBLC, L/C Payment documents and not IRDLC/DLC.
Bonny Light Crude Oil: 01. Specific Gravity at 60* F/15.55? C: 0.8397 - 0.8498 02. API Specific Gravity at 60* F/15.55? C: 37.0 03. Density at 60* F/15.55? C - Cg - C M - MAC 0.85 max 04. Pour Point 40* F / 4.44* C 05. Sulfur Content, % Wt. 0.14 max 06. Colour Dark Brown 07. Salinity TB at 0.10% BS&W 47 max 08. Acid Number 0.39 max 09. Reid Vapour Pressure 6.52 psig max 10. Water Content, Pct.(%) 0.50 max 11. Sediment Content, Pct.(%) 0.50 max 12. Iron Wt. Ppm 1.00 max 13. Nickel Wt. Ppm 4.00 max 14. Vanadium Wt. Ppm 2.00 max.
Bonny Light Crude Oil: Bonny light crude oil is available from nnpc terminal on FOB/CIF/TT,we work with direct vessel loading terminal and we can offer with good price and good procedure.Contact us for more information.
For all seeking BLCO through the OFF OPEC channel we can assist in procuring for your needs. We always deal with the same source when procuring BLCO through the OFF OPEC channel. Nigerian National Petroleum Corporation is and will always be the Seller for Nigerian Crude. Our company claims no rights of owning any oil nor have any right to sell oil. What we can do is provide you with the necessary information to purchase through the OFF OPEC channel and guide you directly through the process. Beware of Fraud : *Anyone claiming to be a seller of Nigerian Crude * Any vessels claiming BLCO for sale on the way to China * PB upfront * Not using a top world bank For more information send us an email and we will responds in the order to which it was received.
