Name of COMMODITY / Product: BONNY LIGHT CRUDE OIL (BLCO) PRODUCT DESCRIPTION: Light Crude Oil END SELLER COMPANY: NIGERIAN NATIONAL PETROLEUM CORPORATION (NNPC) Abuja/Bony Ocean Terminal, Nigeria ORIGIN: NIGERIA ONLY RWA IS NEEDED TO RECEIVE FULL POP UPFRONT IN BUYER'S NAME SHIPPING TERMS: CIF, TTO Port of delivery: CHINA, ROTTERDAM, ASWP, GHANA, ANY SAFE PORT. PRICE USD (CHINA, ROTTERDAM, ASWP, any safe international water): NWE Platt USD -$10-/BBL GROSS, USD -$6/BBL NET Discount or $10 less $4 PRICE USD (GHANA): NWE Platt USD -$12/BBL GROSS, USD -$8/BBL NET Discount. OR N50/46 NET (NIGERIA TO GHANA WATERS) PAYMENT TERMS: MT760 SBLC/MT700 DLC/MT760 BG/MT760 BLOCK FUND via SWIFT SPECIFICATIONS: INTERNATIONAL EXPORT STANDARD PROCEDURE NNPC BONNY LIGHT CRUDE OIL (BLCO) 1. Buyer/seller signs SPA 2. Buyer returns SPA with ATB format, seamen details & RWA 3. Seller confirms RWA & load or nominate a vessels that's already in high sea or in/near China, with the full shipping docs in buyer's name. A. 1 Original and 3 Copies Clean Ocean Bill of Lading. B. 1 Original and 3 Copies of Certificate of Origin issued by NNPC C. 1 Original and 3 Copies of Certificate of Authenticity issued by NNPC D. 1 Original and 3 Copies of Masterâ??s Receipt of Samples E. 1 Original and 3 Copies for Masterâ??s Receipt of Documents F. 1 Original Tanker Ullage Report issued at loading Terminal. G. 1 Original and 3 Copies of Cargo Manifest H. 1 Original and 3 Copies of Certificate of Quantity. I. 1 Original and 3 Copies of Certificate of Quality J. 1 ATS (Authority to Sell) K. Vessel Q88 4. Buyer confirms docs in his/her name & raises MT760 SBLC/MT700 DLC/MT760 BG/MT760 BLOCK FUND via SWIFT in favor of seller 5. Seller confirms Buyerâ??s issued SWIFT MT760 SBLC/MT700 DLC/MT760 BG/MT760 BLOCK FUND and order the loaded Vessel to move to the point of discharge for announcement. NOTICE: Seller will instruct the Vessel's Master to send to Buyer or Buyer's agent ETA notice every twenty-four (24) hours, 48/24/12 hours prior to arrival at the port of discharge. N.O.R. (Notice of Readiness) is to be tendered only during working hours in China, i.e. between 08:00 and 16:00 hours.
COMMODITY: BONNY LIGHT CRUDE OIL (BLCO) Min: 1,000,000 to 100,000,000 BBL $10 less $4 END SELLER: NIGERIAN NATIONAL PETROLEUM CORPORATION (NNPC) ONLY RWA IS NEEDED TO RECEIVE FULL POP UPFRONT IN BUYER'S NAME
Compressed Natural Gas (CNG) 250 million cubic feet for first trial shipment Price: CIF ASWP, Gross $280USD / $270USD per MT FOB Rotterdam/Houston, Gross $260/Net $250 per MT
EASTERN SIBERIA PACIFIC OCEAN CRUDE OIL (ESPO) QUANTITY: (100.000) MT WITH R&E INTO YEARLY CIF: US$270.00 GROSS / US$250.00 NET FOB: US$270.00 GROSS / US$250.00 NET PER MT
SN 500 BASE OIL SN150 (VIRGIN) CIF Price: $220/ $215NET FOB Price: $215/$210 NET
BITUMEN GRADE: 40/50, 60/70 AND 80/100: 80/100 Quantity: min 50,000MT 200,000MT X 12 months with R/E Price: CIF ASWP, Gross $230/Net $222 per MT FOB Rotterdam/Houston, Gross $220/Net $212 per MT
SN 500 BASE OIL SN150 (VIRGIN) CIF Price: $220/ $215NET FOB Price: $215/$210 NET
LPG - LIQUEFIED PETROLEUM GAS Quantity MINIMUM 50.000 MAXIMUM 300.000 MT x 12 months Price - $180/170USD Gross/Net ,per MT CIF ASWP
LNG - Liquefied Natural Gas 5542-87 Quantity MINIMUM 50.000 MAXIMUM 300.000 MT x 12 months Price - $160/150USD Gross/Net ,per MT CIF ASWP
Russia, Venezuela, Iraq, Iran TYPE 30/40 40/50 50/60 60/70 80/100 85/100 100/120
Banking Procedure For Cif Delivery China/aswp PROCEDURE: CIF DELIVERY FOR TRANSACTION VIA SWIFT MT700 DLC GROSS DISCOUNT US$10.00 per Barrel. NET DISCOUNT TO THE BUYER US$6.00 per Barrel THE SELLER'S FACILITATORS US$2.00 PER BARREL. THE BUYER'S FACILITATORS US$2.00 PER BARREL. TRIAL QUANTITY: 2 MILLION BARRELS. 1. Seller releases his signed SPA. 2. Buyer confirms the SPA and signs and seals the Contract with banking coordinates and exchanges the signed copy by electronic mail. The electronic and signed copy by both Parties is considered legally binding and enforceable and must not be changed. 3. The executed SPA is lodged with their respective banks. 4. Buyer issues DLC via MT700 to Sellers Fiduciary Bank Account with Sellers agreed Verbiage. 5. Upon receiving Buyer's DLC, Seller's Fiduciary Bank verify and confirms the DLC. 6. Sellers Fiduciary Bank issues 2% Performance Bond. 7. Seller loads the vessel in Buyers Name and issues full POP bank to bank basis only and NOR/ETA to buyers shipping agent. 8. Seller authorizes vessel Captain to issue MATB/DTA to Buyers Inspectors while Buyer clears the vessel and boards Inspectors who performs timely Q&Q/CIQ analysis/inspection at Buyers expense. 9. Immediately after successful Q&Q analysis, Vessel discharges into buyer tank farm. 10. Seller releases loaded cargo documents in favor of the Buyer and hard copy delivered to Buyer. 11. Buyer makes full Payment via Swift MT103 Wire Transfer for total cargo to Sellerâ??s nominated bank account within 72 hours. Seller shall pay all commissions to agents and facilitators the same day.
We are sellers of BLCO( crude oil ), AGO, LPFO, We deal on OFF OPEC and we give 2% performance bond guaranteed! We collect only BG, SBLC, BLOCK FUND, L/C, DRAFT, IBPU. For a start, send us LOI. Contact us for more details.
Bonny Light Crude oil is a high grade Nigeria crude oil with high API gravity ( low specific gravity) with 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. BS&W ( Centrifuge ) 0.2% Sulphur content less than 0.14% Max Reid vapour pressure 6.52 PSIG Acid Number 0.39 Vanadium wt, ppm 2.00 Nickel, wt, ppm 4.00 Salinity P.T.B AT 0.10% bs&w 47 Max.
BS&W ( Centrifuge ) 0.2% Sulphur content less than 0.14% Max Reid vapour pressure 6.52 PSIG Acid Number 0.39 Vanadium wt, ppm 2.00 Nickel, wt, ppm 4.00 Salinity P.T.B AT 0.10% bs&w 47 Max.
We can supply bitumen (asphalt) 60/70 , Iranian origin FOB UAE With very competitive price Packed in drums Payment : L/C or T/T Please contact us for a detailed offer Best regards, Chemist. Rasha Galal
we are factory for base oil we can offer high quality base oil in 3 kinds SN150 - SN300 - SN500 our max output is 250 mt per month we can also make other kind of oils according to your spec and make private brand
Crude oil, Merey 16Price: $55/barrel Monthly quantity: 5 million barrels. Contract: 1 to 3 years. Product: crude oil Merey 16. Contract through: Frontig company located in Spain. To start the process: LOI. + BCL
Hello We have LPG 70/30 Ready to ship from Russian eastern ports . Orders can start from 10.000MT to 150.000 MT max per month . payment : LC / SBLC / DLC / MT 103 Pre and after inspection available ( SGS ) Net price 250$ per MT Gross 260$ per MT LOI is welcome to send on ...
Product : BLCO Discount : 12/4 PROCEDURES: TTO GHANA WATER. 1.Buyer and Seller sign SPA. Buyer returns signed SPA to Seller with MATB Format. Both parties lodge the contract in their respective banks. 2. BUYER's BANK ISSUE FIVE HUNDRED MILLION NAIRA (N500,000,000.00) BLOCKED FUNDS TO SELLER'S FIDUCIARY AGENT ACCOUNT. SELLER CONFIRMS THE FIVE HUNDRED MILLION NAIRA (N500,000,000.00) BLOCKED FUNDS, AND THEN instructs his loaded Vessel Captain to issue NOR/ETA to Buyer AND VESSEL sails to GHANA WATERS for Q & Q. 3. Vessel arrives GHANA WATERS for Q & Q, and Vessel Master MAKES ANNOUNCEMENT TO BUYER. Buyerâ??s Shipping Agent clears the VESSEL INTO 10-12NM Tema, GHANA Waters. Captain issues MATB to Buyer, and Buyer boards his Supercargo and Inspector on the LOADED vessel at his own COST. 4. After successful Q & Q, BUYER PAYS TWO MILLION US DOLLARS (USD2M) CASH TO SELLER'S ACCOUNT, FOR LOGISTICS AND DOCUMENTATION IN BUYER'S NAME, within TWENTY FOUR (24) HOURS, AFTER Q AND Q RESULT. 5. BUYERâ??S BANK SWIFT A DIVISIBLE, TRANSFERABLE, ASSIGNABLE, IRREVOCABLE, CASH-BACKED MT103 TO SELLERâ??S ACCOUNT FOR THE TOTAL CARGO COST, LESS THE TWO MILLION US DOLLARS ( USD2M) EARLIER PAID BY THE BUYER TO THE SELLER, FOR THE LOGISTICS AND DOCUMENTATION IN BUYER'S NAME. 6. Seller GIVES soft copies OF CARGO DOCUMENTS to the Buyer. 7. Seller introduces BUYER TO Vessel Owners/Operators/Agents for re-chartering of the vessel by Buyer. 8. Payments are then made for the total cargo COST, less the TWO MILLION US DOLLARS (USD2M) EARLIER PAID TO THE SELLER, AND all commissions by Swift Wire or TT Transfer directly to Sellerâ??s nominated bank account. Commissions are also paid simultaneously to the Agents/FACILITATORSâ?? accounts. 9. Seller and AGENTS/FACILITATORS confirm payments, and Seller gives Buyer original of all loading documents, and allows vessel to sail to Buyer's final Port Of Discharge
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