Sellers Published date: October 19, 2014 Modified date: October 22, 2014

You will find in the 2 BLCO TTO offers in either Nigeria waters or Cotonou waters or Ghana water with Cargo documents up front after sign SPA.*

*1st one is with Cargo doc's & MATB, and deposit for Logistics & Documents after words and MT-103/23 for entire cargo after Q&Q. MATB will come in buyer's name.*



*2nd one is Cargo documents & NOR/ETA sent to buyer Harbor Master or Tugboat, and instrument for the value of the entire cargo after words.*

*Seller will not accept no Ghana banks.*

*We looking for a buyer that can sign SPA this week. We need to speak to buyer before releasing SPA.*

*Whoever comes first will get it.*

*Product: Bonny Light Crude Oil (BLCO)*
*Origin: Nigeria*
*Specification: As per the International standard*
*Quantity: 1,000,000 Barrels +/-5% SPOT (2,000,000/bbls Monthly Contract)*
*Delivery: TTO (Nigerian waters or Cortonou waters or Ghana waters ONLY)*
*Period: SPOT + 12 Months with Rolls & Extension*
*Price: GROSS $12.00 Per Barrel / NET $8.00 Per Barrel OFF BRENT*
*Commission: Buyer Pays’ US $4.00/BBL Commission To: Buyer & Seller Agents & Mandates for Amounts in IMFPA. (US $2.00 Seller Side / US $2.00 Buyer*Side)

*Payment: BG/SBLC via MT-760 or Irrevocable, Confirmable DLC wired from a Prime World Bank payable 100% at sight of SGS Report received by Buyer.*

*NOTE: Seller Do Not Accept No Ghana Banks!!!*

*NO CARGO POP DOCUMENTS WILL BE ISSUED IF ALL REQUIRED*

*DOCUMENTS NOT RETURNED WITH SIGN SPA STATED IN STEP #3 IN*

*PROCEDURES !!!*







*#1 BLCO $12/$8 TTO PROCEDURE To: NIGERIAN WATERS N10M or COTONOU **WATERS
N35M or GHANA WATERS N50M ONLY / CARGO DOCUMENTS/POP & **MATB AFTER
RECEIVING SIGN SPA/BUYER ATB FORMAT & SUPERCARGO I.D. &**CONTACT DETAILS:*

1. Buyer issues LOI and Company Profile.


2. Seller issues sign Contract (SPA) to Buyer.
Buyer’s ATB Format, which shall
include the nominated Inspection Company & contact details, and 2) a
photocopy of the Supercargo I.D. with telephone number (Note that NNPC
requires the Buyer’s supercargo to have apart from his int’l passport, a
seaman passport, safety certificate and discharge certificate) and the
Super cargo must also be an approved NNPC/JV certified Super cargo on NNPC
list if doing Q&Q in Nigeria
3. Buyer return sign SPA to Seller with:

Buyer’s ATB Format, which shall
include the nominated Inspection Company & contact details, and 2) a
photocopy of the Supercargo I.D. with telephone number (Note that NNPC
requires the Buyer’s supercargo to have apart from his int’l passport, a
seaman passport, safety certificate and discharge certificate) and the
Super cargo must also be an approved NNPC/JV certified Super cargo on NNPC
list if doing Q&Q in Nigerian waters.

4. Seller issues the following Partial Cargo POP documents & verifiable
Marine ATB to Buyer to confirm/verify. (Cargo Documents will NOT be in
Buyer’s name BUT MATB will be in buyer name):
a. Certificate of Origin
b. Master’s Receipts for Documents
c. Receipt for Samples
d. Tanker Ullage Report
e. Certificate of Quantities
f. Certificate of Authenticity

5. Buyer “BLOCK” BG/SBLC via MT-760 or Irrevocable, Confirmable DLC in
favor of the Seller value (N10m for TTO in Nigerian waters or N35m for TTO
in Cotonou waters or N50m for TTO in Ghana waters) to cover Logistic &
Documents within 24 hrs. of receiving Partial Cargo POP documents & MATB
from Seller.

6. Vessel sails to Cotonou waters or Ghana waters (buyer’s choice) for
Buyer Supercargo & Inspector to board & confirm & carry out Q&Q.

7. Upon arrival, seller captain gives CLEARANCE to Buyer Supercargo and
Inspector to board vessel at Buyer’s own expense to confirm the cargo, and
conduct Quality and Quantity (Q&Q) inspection.

8. Buyer Inspector carries out Q&Q, and SGS report is sent to both Seller
and Buyer and their respective banks, and Buyer and Seller confirm Q&Q
Tests Results.

9. Buyer Bank releases (N10m for Nigerian waters or N35m for Cotonou waters
or N50m for Ghana waters) to Seller’s account for Logistic & Documents, and
there after Buyer Bank SWIFT MT103/23 to Seller account for entire loaded
cargo.

10. Seller issues Commercial Invoice for the value of the measured barrels
as determined by the Q&Q report, and collates and transfers all shipping
documents and vessel re-charter in Buyer's name.

11. Payment for the full Cargo is effected by the Buyer’s Bank SWIFT MT-103
WIRE TRANSFER to Seller’s designated Account and to all Agents,
Facilitators and Consultants within 48 hours after Tanker-Take-Over by the
Buyer.

12. Buyer takes over the Vessel.

13. Vessel sails to Buyer’s POD. Transaction is closed and next shipment is
scheduled.

• 
  
  
• Publisher: Abiola
• Company Name: ab group
• Country: Nigeria

Contact this Company

You need to login/register to contact this company

               

Important information

• Avoid scams and never pay with Western Union, Moneygram or any other payment services
• We are not responsible for any decisions you make to contact any company. We are not associated with any company listed here.