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
Bonny light crude oil (blco).
Hard Wood Coal, Palm Oil, Soy Beans, Cashew Nuts, Petroleum, Lubricant, Boney Light Crude Oil..
