DO YOU HAVE A MAJOR BUYER OR REFINERIES WHO ARE NEED OF BONNY LIGHT CRUDE OIL FROM NIGERIA.
DO YOU HAVE A MAJOR BUYER OR REFINERIES WHO ARE NEED OF BONNY LIGHT CRUDE OIL FROM NIGERIA.
I AM THE OFFICIAL , AUTHORIZED SELLER MANDATE.
THE AUTHORIZED SELLER MAKES THE PRICE. OUR TRACK RECORD IS SOLID.
Here below is the PROCEDURES workable for your refinery , major Buyers for BLCO.
CIF procedure. (We do the below procedures for Refinery and Major buyers only)
(Price is $6/$5) .50 cents on each side. Seller side is closed and Buyer side is open—Note: Due to dropping oil prices, this price offer is good for 5 calendar days only.
The time for instrument preparation and placement must be the same. The Buyer can determine what the timeline is 5 days or 7 days but it must be the same for both sides of the transaction.
1. Buyer issues LOI with full transaction procedure.
2. Seller sends the SPA to the Buyer.
3. Buyer signs and seals the SPA, and sends to the Seller, Seller signs and seals the SPA, and send a copy to the Buyer. The electronic copy of the SPA executed by both parties is legally binding and enforceable. Both parties deposit copies of the SPA with their respective banks.
4. Direct contact via a conference call with Exit Buyer and End Seller (All terms and conditions confirmed).
5. Seller's bank in five (5) working days issue a 2% Non-operative Performance Bond of the quantity month’s value. After confirmation by Buyer's bank of receiving 2% Performance Bond, Buyer's Bank inseven working days issues SBLC/IRDLC valid for 12 months + one (1) day, covering one month's value of the cargo activating the 2% Performance Bond.
6. Seller, after confirmation of the Bank Instrument through his bank, in five (5) working daysnominates the vessel, programs, loading the ship and issues a marine NOR/ETA to the buyer's POD and harbour master (All documents in buyer's name).
7. Vessel leaves loading port departing to any safe world port in Buyer's option and issues an ETA every 72 hours to the buyer's POD while on voyage.
8. On arrival at buyer's nominated discharge port, the vessel announces its arrival and issues a marine ATB to the Buyer's inspectors to board the cargo for DIP TEST.
9. Buyer's Inspectors board, confirm cargo and disembark with samples for Quality and Quantity Analysis at discharge port.
10. Vessel discharges into the Buyer's storage facility.
11. Final payment to take place Cash Against Documents (CAD) on a bank to bank basis by Swift Wire Transfer directly to the Seller's bank account and agents in the NCNDA within two (2) international banking days, after Q & Q Discharging Report issued and signed at discharge port by first class independent inspector like SGS, Saybolt or similar.
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- Publisher: adetayo
- Company Name: TOKSJIN OIL & GAS
- Country: NIGERIA
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