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Crude Oil From Nigeria

(1.1)
Supplier From United States
Jan-06-23

Crude oil from Nigeria.

Light Crude Oil Sample:
API Gravity: Max 48.5
Min 33.69
Mean: 39.55
SD: 1.19
CV: 3.00%

% Sulphur Content: Max 0.18
Min: 0.11
Mean: 0.13
SD: 0.023
CV: 17.50%

Heavy Crude Oil Sample:
API Gravity: Max: 29.85
Min: 24.6
Mean: 26.22
SD: 3.52
CV: 13.40%

% Sulphur content: Max: 0.25
Min: 0.18
Mean: 0.20
SD: 0.04
CV: 19.87%


Brief Procedure:
1. Buyer return signed spa to seller with supercargo and inspector PPT details.
2. Buyer`s bank sends pre-advice to seller`s bank stating her readiness to issue total cargo BG or SBLC or Cash backed MT.799
3. Seller`s bank responds with readiness to receive the bank instrument.
4. Buyer`s bank issues the bank instrument and copy the seller.
5. Seller confirms and instruct loaded vessel`s captain to issue MATB.
6. Buyers men board and conduct Q/Q.7. On successful Q/Q report, buyer releases $1m for documentation & logistics and place MT103 for full payment.
The above is not a concluded procedure, process is open to negotiation as may be convenient to both parties.
We are able to supply large volume.
Thank you for your business.

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PROCEDURE: CIF DELIVERY FOR TRANSACTION VIA SWIFT MT700 DLC
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NET DISCOUNT TO THE BUYER US$6.00 per Barrel
THE SELLER'S FACILITATORS US$2.00 PER BARREL.
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API at 60 Degrees F ASTM Table 51 34 - 37
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Sulfur %WT ASTMD 0.14% wt
Pour Point Degrees F ASTMD 97/1P.15 40º[F] Degrees F
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Paraffins (vol. %) 40 -70 ASTM D-2789M
Naphthenes (vol. %) > 25 ASTM D-2789M
Organic Chloride(ppm) < 1.0 ASTM D-4929
Organic Nitrogen max (ppm) 500 ASTM D-4629
Microcarbon Residue (MCRT) 2.0 Max ASTM D-4530
Light ends C2 iC5 5 % Max
Total Acid Number, mg KOH 0.8 ASTM D-664
Metals by ICP ASTM D-5708
Vanadium <10 ppm
Nickel <10 ppm
Iron <10 ppm
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