BLCO for sale @ Platts minus -$4
PROCEDURE: BLCO FOB ROTTERDAM
1. The final agreed contract (SPA) in electronic version which is binding both Parties is mutually signed, sealed and registered in Sellers and Buyers banks within 1(one) 2(two) Banking Days after signing. Both banks must be Top50World listed and act under full banking responsibility, except Chinese banks, or others mutually agreed. Seller issues Proforma Invoice plus Platts daily price index and send with SGS / Storage Facility information (including contact details) for Buyer to verify Sellers Ownership verbally at tank storage or SGS no report just a call to them. *) The Buyer and the Seller sign Invoice.
2. Within 5 (five) banking days from contract been lodged in the banks, the seller shall deliver by express courier mail an envelope with original POP documents, to the buyer�´s Bank with electronic copy to the buyers email. The set of POP documents to be enclosed after receiving the RWA from the buyers bank are including the following documents:
a. Commercial Invoice together with Copy of Platts price indication for the day of issue
b. Copy of TSR
c. Injection Report pumping in Tanks (SGS Q&Q)
d. Fresh Q&Q issued by SGS or similar at Rotterdam
e. The ATSC issued by NNPC as per delivered format
f. The Certificate of Origin
g. Confirmation for Tank farm, that Seller has full control on this Cargo to be issued by NNPC in Original
h. Unconditional Dip Test Authorization
i. ATV.
j. The NNPC statement that the TSA (at least with 3 day´s free, if tanks are longer needed we have to pay for, three days are free to discharge), will be delivered after SPA is mutually signed and sealed
k. Written consent from the Storage Company for the existing storage contract with the seller, to be assigned to the Buyer. The Insurance Policy in three copies assigned to the Buyer as beneficiary while an original to be lodged at the sellers bank, to be exchanged for payment
3. The Buyer dips the tanks
4. The Seller issue Final Invoice together with updated daily Platts index extract
5. Within 3 (three) banking days from receipt and verification of the POP documents Buyers bank issues to the Sellers bank the Ready, Willing and Able (RWA) to secure payment for the commodity
6. Within 3 (three) banking days Sellers bank after verification of RWA, transfers the set of payment documents and Buyers bank issue the Pay Order in DAP (Documents Against Payment) format
7. Buyer takes over the Commodity inside the Storage Tanks.
BLCO. No chain of brokers. We are direct to the source. 2 million barrels and more per consignment. Long term contracts possible. Please do not waste our time - we will not waste yours. Contact us only if you can perform. Delivery can begin within 7 to 14 days of funding validation. Prefer European and Western delivery, but will consider all REAL Buyers. Product Specifications: SPECIFIC GRAVITY: 0.8398 API AT 60 DEG. F: Min 35.0 â?? 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) DISTILLATION INITIAL BOILING POINT (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 250 DEG. C VOL.%: 51.5 DISTILL TO 300 DEG. C VOL%: 60.5 COLOUR Dark Brown
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.
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.
BLCO
We can supply BLCO 4 m barrels per month. These are reassigned Vessels so wait time is about 7-10 days VS 6 weeks. Price is -$6/-$5. It is a 12-month Contract. Port would be any European Port. 2% PB is offered. Please contact Barana.Ranasinghe@gmail.com for further details., No Chain Brokers I'm working directly with seller Mandate in the USA.
price will be as per market rate minus agreed discount - Origin Nigeria - HS Code 270900 - MOQ 1,000 barrels - Packaging barrels
We are serious sellers of BLCO , Indonesian coal and other products . Serious buyer's are requested to contact back to start a good business
Bonny Light Crude Oil - BLCO Allocation - 2M - 30M bbls + Minimum 2M Barrels Contract Min 1 Year Price: Platt -8 FOB, -6 CIF Shipping: CIF or FOB Payment: L/C
