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.
2 MILLION BARRELS (SPOT) WITH POSSIBLE CONTRACT BLCO TRANSACTION PROCEDURE FOR TTO DELIVERY: 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.
Bonny Light Crude Oil: 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: 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.
Crude oil, focados, bunny light, aqua light etc...
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.
Nigeria bonny lihgt
Naftech feul A feul add mixture for all vehicles, decreasing feul consuption by up to 30%, with a warenty and sabs gaurentee 1 liter, 2 liter, 5 liter, 25liter steel containers or as required
En590, jet fuel a1, petroleum, oil, gasoil, gasoil, crude oil, copper cathode, aluminum billets, used rails, aluminum ingots, copper, copper wire scrap 99.99%, steel, quartz, diesel, jet fuel, d6, bitumen, lng, petroleum coke, coal, cement, fertilizers, urea 46, npk, sulfur, euro pallets, wooden pallets, tomato paste, frozen potatoes, frozen french fries, mangoes, cashew, frozen chicken, frozen fish,sugar icumsa 45, sugar, salt, saffron, rice, beet pellets, beet molasses, herbs & spices, milk, frozen & fresh strawberries, frozen & fresh fruits, frozen & fresh vegetables, pvc scrap, coltan, aluminum ingot a7, onion, apple, gala apple, pomegranates, orange, rice, soybeans, sesame, fertilizer, chicken paws, banana, diesel en590 10ppm, urea granular 46%, beans, Aluminum Ingots a7, vanilla, dried fruits, ginger, petroleum product, yellow corn, maize, melon, watermelon, honey, yam, cacao, cooking oil, whole chicken..
Petroleum products, crude oil rebco, espo, diesel en 590, jet a 1, pet coke, bitumen, coal , urea 46, fertilizers.
Crude oils, jet fuels, diesel fuels, gasolines.
COMMODITIY : OMAN LIGHT CRUDE OIL ORIGIN : OMAN Quantity per Month: 6,000,000 Barrels Contract : 12 months Roll's extensions Price : Gulf Platt minus 4.50$ per bbl Inspection: Inspection document must be issued by SGS, Or similar International Inspection companies, like CHEOCHEM. Payment Terms : Payment by DLC MT700 Verbiage (100% sight, Irrevocable and Confirmed), valid for 365 days to be issued by / from a credit worthy Bank in Euro currency in Favour of the Seller. Packing : Bulk Delivery : 30 days from LC
We can supply Base Oil SN150 SN70 SN500 For price and specification please contact us. Payment Term - LC
CTO offers an alternative to petroleum- and vegetable-based oils, adding value in products such as detergents and soaps, adhesives, lubricants, paints and coatings, biofuels and much more.
Rajma white is superior to the regular rajma and very soft feel and more delicate flavour. These are white in colour. Pulses are low in fat and cholesterol, high in dietary fibre and rich in protein. For price, specifications and other details please contact us.
*Nigeria Liquid Crude Oil (BLCO) FOR SALE* *Price: Price: Brent Minus Gross $7/BBL, Net $6/BBL, $1/BBL commission 50/50* MT ADISA - IMO NO: 9304667 This vessel is ready for a take over transaction in Tema Port, Ghana waters upon receipt of a valid contract and ATB format for boarding for dip test and payment. The vessel is pregnant with 2,000,000 barrels of Nigeria Light Crude Oil as described further in the available PPOP. *TRANSACTION PROCEDURE* 1. Byer issue icpo with details company profile and CIS. 2. Seller issues Commercial Invoice (CI) for the available products. Buyer executes and returns. 3. Seller provides the DTA - Unconditional Quality & Quantity (Q&Q) inspection Authorization (Dip-Test Authorization DTA). 4. Buyer verifies and confirms the crude oil and pays for it by by SWIFT MT103 100%TT wire transfer payment. 5. Seller transfers the product ownership title and releases all exportation documents to Buyer. Vessel will be re-routed to destination port of the buyer. 6. Seller and Buyer negotiate annual contract.
*OPEC Allocation*. Quantity: 900 Million Barrels Price : FOB ($14 Gross / $10 Net ) / CIF ($12 Gross /$ 9 Net) *Buyer Receives Allocation License from NNPC Allottee and verify/ confirm the Allocation through their Refinery the Available products Allotted for sale through the Shell managed Terminal in Shell Database, London. * After Confirmation, Buyer issue LOI/ CP / CIS / PROOF OF FUND and authority to NNPC to verify. * Seller Confirms the Above and Issue a Contract for Signing between Both Parties. *Both Parties Sign the Contract and Buyer is issued Invitation to NNPC Abuja to finalize the Legality of the Contract and Finalizations on a TTM * Loading starts in Buyers Name on the appointed Cargos. Note : (THIS� ALLOCATION IS� CONFIRMABLE� � IN SHELL LONDON only if you have a Refinery License or through the End Buyers Refinery as a proof the buyer has end uses for the crude purchase, and its Important and a criteria Required for been Eligible for this Particular Deal.) Allocation code / Summary for confirmation. NNPC London and shell approved of product comfimable details, export allocation license Ref export /e/28/col./4/593
Price below the then market price - 100% LC accepted - Minimum order 10 000 MT or above able to supply - Loose bulk vessel
Crude oil: Bonny Light Crude Oil. Origin: Nigeria. Specification: NNPC EXPORT GRADE. Required contract terms: CIF, FOB, TTO or TTT. Required payment terms: SBLC / DLC (at sight) / Bank guarante.
3 million Light Crude Oil, 5 USD discount below the current world market price. Attached the product specifications
