Crude oil / bonny light crude oil (blco) & ago automotive gas oil.
Crude oil.Buyers agent
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BLCO
Bitumen
Bitumen
Base Oil
LPG
LNG
Nigerian Bonny Light Crude Oil produced from Nigeria Oil-Rich Niger-Delta
Standard Specification Of Bonny Light Oil
BONNY LIGHT CRUDE OIL - CIF , with upfront non operative ANY SAFE WORLD PORT Commission: $4.00 Commission Split: $2.00 each to buyer's side and seller's side. The commission split; and buyer's side is 100 percent opened to your buyer NOTE: This upfront non operative two percent performance bond offer (before placing instrument), also works for DLC MT700 and block fund MT799 FULL PROCEDURE FOR DELIVERY TO ANY SAFE WORLD PORT 1. Seller issues SPA while the Buyer signs and returns with international passport, company registration certificate, CIS, ATB/NOR/ETA Format and Shipping Agent info. Seller sends his company's registration certificate and international passport 2a. BANKING PROCESS: Buyer s prime Bank issue Pre-Advice via MT799 stating RWA to issue SBLC. 2b. Seller's nominated bank responds and issues NON-OPERATIVE 2% performance bond to buyer's bank. 3 Buyers bank issues genuine SBLC via MT760 for full cargo valid for duration of the contract (366 days) while seller confirms the SBLC and pays 2% as bond to buyer 4. Seller charter & loads exclusive vessels, issues full set of vessel documents to the Buyer in the name of Buyer as the Consignee of record and authorizes Vessel Captain to move vessel to Buyers port of discharge with periodic NOR/ETA to the Buyer and Buyers Discharge Harbor/Tank Agent. 5. At the Buyers discharge port, Buyer clears the vessel and pay port & custom charges while the Captain Issues Authority To Board (ATB) to enable Buyer independent inspectors to perform Q/Q at mutually agreed location. 6. Upon successful conclusion of Q/Q analysis, inspectors release report to both parties while Seller Issue Commercial Invoice to the Buyer with exact Q/Q report figures. 7. Buyer releases full payment for cargo to Seller's nominated bank within 72 hours after inspection against Q/Q Report, Commercial Invoice and original Cargo Documents by MT-103 (cash wire). 8. Seller confirms payment & authorizes Captain to discharge cargo into Buyer s storage tank. 9. Seller pays commission to all agents involved in the transaction per the contract. 10. Seller commence subsequent shipments on simple DIP/CI/PAY basis at Buyer Port of Discharge. Kindly request for the SPA only if buyer has accepted the full procedure
2MBBLS BLCO LOADED VESSEL READILY AVAILABLE (Outside Nigerian Waters) Price: (-$10/-$6) Quantity: 6MBBLS per Month Special Notes: Full upfront (POP) Procedures: Buyer sends RWA, Seller sends (Full POP), Buyer verifies, Sign (SPA) and Swift a DLC/MT700/SBLC. Seller issues a 2% Performance Bond
Excellent grade LNG and LPG
The extraction of petroleum is the process by which usable petroleum is drawn out from beneath the earth's surface location.
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
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.
