TYPICAL PROPERTIES
Sr. Property Units Specs. Test Methods
1 Kinematic Viscosity @ 100 C cSt 2.47 ASTM D-445
2 Kinematic Viscosity @ 40 C cSt 7.16 ASTM D-445
3 Density @ 15 C Kg/m3 0.8394 ASTM D-7042
4 Flash Point, ,COC, Min. C 122 ASTM D-92
5 Color- Max - 0.5 ASTM D-1500
6 Appearance - C & B Visual
7 Viscosity Index - 203 ASTM D-2270
8 Pour Point C -6 ASTM D-97
Test Result
Appearance : Clear & Bright
Flash Point Range : 120-170 C
Density @ 29 C : 0.8356
Kinematic Viscosity@ 40 C : 7.469
Kinematic Viscosity@ 100 C : 2,74
Copper Corrision : 1a
Pour Point : -12
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.
Hi Sir/Miss
I am Taufiqul Hakim Tsabit as a mandate from End Seller.
We can supply Light Crude Oil Russian Origin to you.
Monthly quantity: 50,000MT - 500,000MT.
Hi Sir/Miss
I am Taufiqul Hakim Tsabit as an agent from Davao Ctl Trading Corporation.
We can supply Russian Export Blend Crude Oil Gost 9965-76 to you.
Monthly quantity: 500,000BBLS - 8,000,000BBLS.
Hi Sir/Miss
I am Taufiqul Hakim Tsabit as an agent from Davao Ctl Trading Corporation.
We can supply ESPO Russian Origin to you.
Monthly quantity: 500,000BBLS - 8,000,000BBLS.
Hi Sir
I am Taufiqul Hakim Tsabit as a mandate from Davao Ctl Trading Corporation.
We can supply Fuel Oil CST-180 origin Russia to you.
Minimum order quantity: 100,000 - 400,000 MT
Please contact us for further discussion.
Hi Sir
I am Taufiqul Hakim Tsabit as a mandate from Davao Ctl Trading Corporation.
We can supply Base Oil/SN 500 origin Russia to you.
Minimum order quantity: 100,000 - 400,000 MT
Sajal International has a huge market value in Oil Industry and the reason for it is a quality and quantity of the material provided to their valuable clients.
The SELLER and the BUYER, under corporate authority and responsibility respectively represent that the SELLER is the lawful owner of the commodity, in quantity and quality as hereunder specified, and the BUYER has the full capability to purchase the said commodity.
The BUYER desires to purchase Crude Oil (hereinafter called product) of Nigeria Origin.
The Nigerian National Petroleum Corporation (THE SELLER) has sold and the BUYER has bought on Cost Insurance and Freight (CIF) basis to Any Europe or Caribbean Port, the total quantity of 6,000,000.00 BBLS (six million barrels)per month in shipments of 2,000,000 BBLS on a Spot after Spot Contract basis for 12 months.
PROCEDURES FOR CIF / PAYMENT INSTRUMENT:
NOMINATIONS, SHIPMENT & PROCEDURES
I. SELLER SIGN AND SEAL THIS CONTRACT AND RETURN BACK TO SELLER ELECTRONICALLY. THE SIGNED CONTRACT COPY BY BOTH PARTIES IS CONSIDERED LEGALLY BINDING AND ENFORCEABLE.
II. BUYER SEND STORAGE FACILITY/NOR FORMAT, CLIENT INFORMATION SHEET, PASSPORT COPY AND CERTIFICATE OF BUSINESS REGISTRATION TO SELLER.
III. SELLER CONDUCT DUE DILIGENCE ON THE BUYER THROUGH COMMUNICATION WITH ACCOUNT OFFICER BY PHONE AND EMAIL OR BUYER SWIFT CONFIRMED BANK RWA TO SELLER (SEE ATTACHED FORMAT)
IV. NNPC/SELLER IF SATISTIED WITH THE FINDING WILL PROCESS AND ISSUE COMPLETE CARGO DOCUMENTS AVAILABLE IN CHINA OR ON THE WAY TO CHINA.
BUYER BANK ISSUES CONFIRMED, IRREVOCABLE, UNCONDITIONAL, DIVISIBLE, TRANSFERABLE, CASH BACK MT760/SBLC BY SWIFT IN FAVOR OF THE SELLER, WITHIN 72 HRS, ACCORDING TO SELLERS BANK VERBIAGE OR MT 799 BLOCKED FUNDS SELLER BANK CONFIRMS THE INSTRUMENT AND RESPOND TO BUYERâ??S BANK.
THOUGH NNPC DOES NOT ACCEPT MT700(DLC),WE NOW HAVE SPECIAL ARRANGEMENT TO ACCEPT MT700(DLC) FROM OUR BUYERS AND ON OUR OWN ISSUE NNPC DESIRABLE TO THEM BUT ALL THE INSTRUMENT S INCLUDING THE DLC MUST COME FROM PRIME BANK
V. AFTER CONFIRMING THE INSTRUMENT ,SELLER PAYS FOR THE NOR/ATB TO BE ISSUED FROM VESSEL OR ISSUES SHIPMENT SCHEDULE FOR FIRST MONTH DELIVERY OF 2M BARRELS SHIPMENT.NEXT SHIPMENT SCHEDULE COMES BEFORE PAYMENT OF LAST DELIVERY
VI. NOTE THAT IF THE BUYER WANTS TO BOARD BEFORE ISSUING INSTRUMENT HE HAS TO TAKE CARE OF THE LOGISTICS AND NOR/ATB
VII. NNPC/SELLER ISSUES CONFIRMATION LETTER ON RECEIPT OF INSTRUMENT TO BUYER.
VIII. SELLER ENSURES THAT THE CARGO IS DOCUMENTED, REGISTERED AND OBTAIN CERTIFICATE OF OWNERSHIP/TITLE OF WARRANTY
IX. VESSEL SAILS TO BUYERâ??S STORAGE LOCATION FOR DISCHARGE
X. BUYER CONDUCTS INSPECTION ON VESSEL UPON ARRIVAL AND GET CIQ REPORT.
XI. WITHIN 72 HOURS AFTER DISCHARGE OF CRUDE OIL AT BUYERâ??S PORT OF DESTINATION/STORAGE, THE BUYER PAYS FOR THE CRUDE OIL AS PER THE FINAL CIQ REPORT ISSUED BY INDEPENDENT INSPECTOR AT THE PORT OF DISCHARGE.
1. Seller and Buyer sign and seal this contract including banking coordinates and exchange the signed copy by electronic mail. The electronic signed copy by both parties is considered legally binding and enforceable.
2. Buyer returns the signed copy with the ATB format (supercargo/inspector full boarding details).
3. Sellerâ??s vessel captain issues Marine ATB from his vessel domain according to buyerâ??s format via e-mail to buyer
4. Buyer issues Notarised/Confirmed Corporate Cheque of N200million which is cashable upon receipt of Attestation
5. Seller issues navy clearance through NNPC.
6. Upon both receipt and confirmation of ATB and Clearance by Buyer, Seller positions the vessel for Quantity and Quality analysis/test (QnQ).
7. Buyerâ??s Supercargo (must be NNPC registered) and a second Buyerâ??s Representative designatedsupercargo/Inspector go on board the sellerâ??s loaded vessel. If Buyerâ??s Supercargo/s is not NNPC Registered, Seller will pay the fees necessary to obtain temporary accreditation for the supercargo, on behalf of the Buyer.
8. Buyerâ??s supercargo confirms product and the vessel captain sends a confirmation/Attestation letter endorsed by the supercargo.
9. Upon receipt of Attestation, Buyer promptly wires N200,000,000.00 into Sellerâ??s Account
10. The Buyers Representative designated as supercargo/inspector, takes samples (total of 4 to 7 litres or as the Captain may allow), and disembarks from the vessel while the first supercargo remains on board until the completion of the TTO transaction.
11. Samples are sent to the laboratory (SGS OR INTERTEK) and Q&Q Report generated and sent to both Buyer and seller. Buyer issues a BG for total cargo, assuming a total volume of 2 million barrels.
12. Seller confirms the BG for total cargo.
.
13. Final Q n Q Report is generated
14. Seller sends final commercial invoice (CI) to Buyer based on quantity of cargo.
15. Seller issues the full list of original copies of cargo documents** in the name of the off-taker nominated by the buyer.
16. Upon receipt of the cargo documents, Buyer makes payment for total cargo via MT103 less the N200,000,000 ($600,000).
17. Seller arranges for Buyer to talk to shipping company and take over vessel via charter party agreement.
18. Seller confirms payment for cargo made by swift via MT103 and pays commissions to all mandates & agents. Cost of payment transfer is borne by each individual/entity or Corporation
19. Buyer takes over vessel and sails to destination.
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 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.
We sell genuine and real crude oil direct from nigerian government & nnpc payments terms through l/c and we can supply up to 60 million barrels annual.( no upfront payment is required)don't miss to do business with us.
