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.
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 Bonny light crude Oil (Blco) o to any safe port in Europe, USA, Canada Asia and China as TTO, CIF bases on instrument
We can supply Bonny light crude Oil (Blco) to any safe port in Europe, USA, and China as TTO, CIF base on instrument
Dear Associate, I hope this email finds you well. It's a pleasure connecting with you again. We have a new offer that enables buyers to buy Crude Oil with the use of (Bitcoin -BTC) equivalent amounts of the cargo. At AMBPRUS REAL LINK GROUP, we are trying to embrace a disruptor Cryptocurrency to the conventional financial system and a trailblazer in the digital use of traditional currencies that support and empower growing ventures and innovation throughout the blockchain space. We believe this concept will be accepted by many Crude Oil Buyers, Business owners, and Private Investors because of its global acceptance, its security Law that is pegged to real world assets and world currencies which have their variable redemption valuation and flexibility. Private Investors can also finance Crude Oil Sales and purchase with the use of Cryptocurrency-BTC financing methods. This is absolutely turning aspirations into reality for global coverage, with tested Cryptocurrency payment exchange scheme. Please Study below the operation terms and process. TRANSACTION PROCEDURE FOR THE SALES AND PURCHASE OF CRUDE OIL WITH THE USE OF CRYPTOCURRENCY-(BTC) FOR CIF TO ANY SAFE WORLD PORT. 1). Seller issues a Full Corporate Offer (FCO) for the Buyer's Review and Acceptance. 2). The Buyer After Review, shall issue ICPO, Together With the Company Profile and client Information Sheet (CIS), 3). After verification of the availability of funds in the buyer's possession, the seller shall issue a Contract Agreement (SPA) to the buyer, together with the Seller's Company Profile and CIS. 4). The Buyer Countersign and return the PDF version, together with the Buyer's full details of the Receiving Port of Discharge (POD) to include full details of harbor master, shipping agency, Inspection Company, Winter/Summer Draught, discharge port OCIMF requirements and all necessary documents. 5). The Seller issues Contract Commitment Letter to supply issued by the NNPC Limited and Contract Acknowledgement Letter issued by the NNPC Limited, and provide Bitcoins (BTC) account/address or payment link to the Buyer, while the Buyer sends the Bitcoins (BTC) equivalent amount of the product to Sellers nominated Bitcoins (BTC) account.
We sell Nigerian Bonny Light Crude Oil. Only serious buyers are entertained please.
Bonny light crude oil (blco), automated gas oil ( ago) oil mine lease ( oml, )..
Petroleum products , crude oil, palm oil production.Exports
Nigeria Export Bonny Island
Nigeria Export Blend Crude Oil Gost 9965-76
Crude oil, D2, m100, J54, Bitumen.Agents, and representatives, to buyers and sellers
Petroleum products.Estate investment., blco export terminal, ago marine transaction, air freight, oil and gas
Petroleum products like jet fuel, a.g.o, gasoline, etc.
Allocation - 5M BBL Discount to Buyer - 4% Spot +12 month Contract NWE Platts Procedure - Buyer must provide ICPO - Buyer must provide MT199 as proof they can do the deal (this is non negotiable) - Once the MT199 is provided buyer gets everything they need to verify the product, including full POP, with ATV (authority to verify, so they can engage the tank farm) and ATD (authority to dip) - If they have an existing SGS account, they will do this for them same day . SGS will then provide a full report - CI sent to buyer and transaction completes EN 590 10 ppm 1. Meeting at the office in with our partners, if necessary, they will conduct a tour of the plant 2. BCL display 3. I will put the volume on the partner's company 4. POP output 5. Checking the resource 6. Payment 7. Setting up the ship, loading the resource The price of Gulf ARA is $ 35(in MT, 7.5%). The volume is generally 100.
Crude oil / bonny light crude oil (blco) & ago automotive gas oil.
