9.1 Seller issues draft contract and draft Irrevocable Corporate Purchase Order (ICPO), open for amendments, to Buyer for procedure verification and acceptance.
9.2 Seller signs and seals the Sales Purchase Agreement (SPA) the â??Contractâ?� and emails to the buyer for signature and endorsement.
9.3 Buyer countersigns the contract and dispatches a copy to the Seller with ICPO. Buyer shall return copy of the signed Contract Agreement with Buyerâ??s Port of Discharge (POD)/NOR draft.
9.4 Seller loads vessel and sends to buyer full soft copies of cargo documents in buyerâ??s/ seller's name. Sellerâ??s loaded vessel shall issue a Marine Notice of Readiness (NOR) to the buyerâ??s port of discharge.
9.5 On receipt of NOR from Sellerâ??s loaded vessel, Buyerâ??s bank will issue ICPO to the Sellerâ??s bank.
9.6 On receipt and confirmation of ICPO at Sellerâ??s bank, Sellerâ??s loaded vessel shall sail to buyer's POD. Upon arrival of the vessel to buyerâ??s discharge port, Buyer shall be responsible for clearance of vessel to POD, and within 24-36 hours, Sellerâ??s vessel issues ATB (Authority to Board) to buyerâ??s inspectors to board the vessel to conduct Q&Q at buyerâ??s expense. Q&Q inspection and report must be based on the established procedures of the port of discharge.
9.7 Upon a successful Q&Q, Buyerâ??s inspectors release inspection report with copies to the seller.
9.8 Seller issues commercial invoice to buyer. The invoice shall be based on the Q&Q certificate. Seller also issues hard copy of documents to buyer. Documents (total original and Copies) will be sent to the buyer directly, or appointed bank by buyer for the payment.
9.9 Within 3 days from the date of the Q&Q Certificate, buyer pays to Sellerâ??s and agentâ??s account for the cargo via MT103). Vessel discharge to buyerâ??s tank.
9.10 Steps 9.4 to 9.9 is repeated for the next shipment.
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.
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.
We supply Bonny Light Crude Oil (BLCO) to the refineries. We do not require a bank payment guarantee, MT799, SBLC or LC. After signing of contract, we only require an ICPO directly from the refinery which must be confirmable. We will only accept ICPOs from mandates or resellers with MT799. We are ready to deal immediately.
OFFER #1: CIF INCLUDES PORT DOCKING OF VESSEL AND CUSTOM CLEARANCE BY SELLER. PROCEDURE: Dip and Pay. Free boarding, Q&Q onboard vessel inspection by Buyer. LICENSE: China CCIC PAYMENT: After custom clearance and port of destination. No bank guarantee, no blocked funds, and no SBLC PRICE: $-8 gross / $-6 net OFFER #2: Tanker Tank Over (TTO) PROCEDURE: $1M SBLC ISSUED BY BUYER THROUGH SWIFT MT 760 AND INSTRUCT HIS LOADED VESSEL CAPTAIN TO ISSUE NOR/ETA TO HABOUR MASTER FOR ONWARD DEPARTURE ON BEHALF OF BUYER AND HIS SHIPPING AGENT. INSPECTION: BUYERâ??S INSPECTOR CONDUCT Q&Q AND SUBMIT RESULTS TO BUYER AND SELLER. PAYMENT: MT103 CRYSTALIZED TO CASH LESS $1M FOR LOGISTICS AND DOCUMENTATIONS, AS BUYER MAKES FULL PAYMENT. PRICE: $-12 gross / $-8 net OFFER #3: CIF FOR UNLOADED SHIP PROCEDURE: RWA issued by Buyer via MT799 Stating Readiness to issue SBLC. Seller validates SBLC and issues 2% PB to Buyers' Bank INSPECTION: Buyers' Independent Inspectors inspectors form Q&Q PAYMENT: MT-103 PRICE: $-12 gross / $-8 net
Bonny Light Crude Oil
Bonny Light Crude Oil (BLCO), un petreo crudo nigeriano de alta calidad con alta gravedad API (baja gravedad especÃ?Âfica). Tiene buenos rendimientos de gasolina y es muy demandado por las refinerÂas estadounidenses. Nuestra capacidad de suministro es de 2 millones de barriles o m
Available now: TTT and TTO Nigerian or Ghana Waters Platts -6 CIF can be discussed upon final destination of cargo. Please contact with CP and Signatory information to Proceed. Thank you
BLCO Bonny Light Crude Oil Direct from NNPC Nigeria Allocation verify at NNPC Tower after contract signed, after allocation verified, pay instrument issue from buyer. Gross discount: $14.00 per barrel Net discount to buyer: $10.00 per barrel Interested please contact for detail.
We Can Provide And Deliver Bonny Light Crude Oil (blco) To Any Safe Word Port Under Terms As Follows: Products : Blco Quantity : 2-6 Million Bbls Monthly X 1yr Quality : Nnpc Export Grade Cif Price : $10/$6 Payment : Dlc Mt700, Mt103 / Tt No Upfront Payment Technical Specifications: Specific Gravity (API) : 34-38 Density at 20 degrees, CG.CM : Max 0.85 Basic Salt Water (BSW) : 0.6 % Vol Color : Dark Brown Acid Number : 0.39 Reid Vapor : 6.52 max (PS) Water & Sediment % : max 1.0 Iron, wt ppm : 1.0 Vanadium, wt ppm : 2.0 Nickel, wt ppm : 4.0 Pour Point : below 40 deg. F Sulfur Content, % wt : 0.14 If Any Buyer Interested, Kindly Do Not Hesitate To Contact Us For Procedure.