CRUDE OIL SUPPLY
NIGERIAN
CRUDE OIL (BLCO) CIF ROTTERDAM TRANSACTION
We
help prominent direct buyers of Nigerian crude oil get 1-4 million barrels’
monthly supply of Bonny Light Crude Oil directly from NNPC JOINT
VENTURE/TERMINAL OPERATORS. Through NNPC Legal practitioner / consultant
(Lawyer), a well-known and respected legal adviser. This transaction is
supervised and binded by Law to avoid any scammer or imposter claiming to be a
buyer of Nigerian crude oil.
After
a successful trial lifting of 1-2 million barrels, a 12-month contract will be
signed by both parties for a steady monthly supply of 2-4 million barrels, with
rolls and extension 3-5 years as required by the buyer.
Only
buyers with ready funds are needed for this transaction. Please do not contact
us if you have no funds capable of issuing a legitimate instrument either an LC
or Blocked Fund.
Product
will be supplied via CIF to buyer’s port of discharge(POD)and final payments
will be made after a successful QNQ is carried out by Buyer’s super cargo/
inspector.
Our
main aim is to satisfy our esteemed clients, by helping our reputable buyers of
Nigerian Bonny light Crude Oil get a steady supply with a guaranteed successful
transaction, thereby securing a long term businesses relationship and creating
a platform for more business opportunities.
FULL
STYLE DRAFT FOR OFF-OPEC/CLASSIFIED SEGMENT PROCEDURE: - CIF ROTTERDAM WATERS
DELIVERY.
1. Buyer after agreement of procedures
issue LOI through their Rep/Consultants requesting for contract.
2.Seller issues contract to buyer
through consultant, The Contract will include
Bulk
Allocation reference number.
NB:
This Bulk Allocation Details and References SHALL be verifiable and confirmable
ONLY at the Off-OPEC Division of NNPC / JV Ops (data base) @ Bonny Terminal,
Bonny Island
3.
Buyer Sign, Seal and Exchange this Sales and Purchase Agreement
indicating Full Banking Co-ordinates by electronic mail and deposit same at
their respective
Banks,
the electronic signed copy by both parties is considered legally binding &
enforceable and SHALL not be changed.
4.
Buyer shall return SPA/Contract properly Notarized, with Buyer's
Corporate RWA, indicating readiness to start Bank to Bank Inquiries/Pre-Advice
and Confirmations, within Five (5) days (banking days) of returning Contract.
5.
Buyer’s BANK on behalf of Buyer, shall open formal communication with
Seller Fiduciary Bank/Account, through Pre Advice of their choice (Free Format),
indicating readiness to issue Blocked Funds (e.g.: Swift Mt799-PoF or Swift
Mt760-SBLC) and also request by same medium of Swift, Seller's readiness to
receive Buyer’s Instrument and activate same with 2% PB.
NB:
- Copy of the Swift Inquiry/Pre-Advice and formal Communication, as issued by
Buyer’s Bank, is to be sent to Seller through the Lead Facilitating Link/Legal
Consultants (Lawyer)for appropriate follow up, confirmation and implementation
of the transaction.
6.
Seller ‘s Nominated Fiduciary Bank/Account upon receipt and confirmation
of the said Buyer’s Bank Inquiry/Pre-Advice, SHALL respond IMMEDIATELY via same
medium of swift, confirming readiness to receive the agreed Swift instrument
and activate same with a 2% PB.
NB:
- Both Banks would during the bank to bank communication, agree as to form of
instrument and verbiage of the Buyer’s Swift Proof of Funds/Show of Capacity
Instrument, to be posted by Buyer's bank on behalf of Buyer.
7.
Upon receipt of Seller's Bank response/pre advice, Buyer’s Bank on
behalf of Buyer SHALL within (5 banking days) issue the agreed Swift
Instrument, to cover total value/cost of cargo, intermediaries’ fees/commission
for SPOT/TRIAL LIFT of 1 million barrel, to Seller Fiduciary Bank/Account.
NB:
-Copy of the agreed Swift Instrument, issued & posted by Buyer’s Bank on
behalf of Buyer, is to be sent to Seller through the Lead Facilitating
Link/Legal Consultants (Lawyer)for appropriate follow up, confirmation and
implementation of the transaction.
8.
Seller’s Fiduciary Bank/Account, upon receipt and confirmation of the
agreed Buyer’s Swift Instrument, shall activate same with a 2% performance
bond.
9.
Sellers / NNPC/JV & Terminal Operators, SHALL within Seven (7)
banking/business days, nominate and Load a fresh Vessel(s) in Buyer's name, or
reassign an already Loaded Vessel(s) in Buyer's name and issue appropriate
NOR/ETA and furnish Buyer with standard copies of relative shipping documents.
10. Upon arrival at POD (ROTTERDAM)
Sellers directs Vessel(s) Captain/Master to issue MATB/DTA. Sellers also
secures NNPC clearance accordingly, MATB/DTA and NNPC Clearance, shall be
issued as per Buyer’s format, for Buyer inspectors to board and conduct product
analysis Q&Q/CIQ/DT on the Cargo, at Buyer’s expense.
11.
Upon completion of Buyer’s Q&Q/CIQ/DT analysis and successful
Report, a Commercial Invoice (CI) is issued by NNPC/Sellers via Sellers'
Fiduciary Bank, based upon the out-turn quantity of QNQ/CIQ/DT.
12.
Buyer/Buyer’s Bank SHALL within 48 hours of successful Report of
Q&Q/CIQ/DT, issue and post Swift Mt103 into Seller’s Nominated Fiduciary
Bank/Account for payment, based on the aforesaid Commercial Invoice (CI) as
issued by NNPC/Sellers to cover the Payment for the Cargo and Commission of
Intermediaries, upon the out-turn quantity.
NB:-Copy
of the Swift Mt103 as issued by Buyer’s Bank, to cover payment of cargo and
Transaction Intermediaries Commission, is to be sent to Sellers through the
Lead Facilitating Link/Legal Consultants (Lawyer) for appropriate follow up,
implementation of the transaction.
13.
Upon NNPC/Sellers' confirmation of the Swift Mt103 for Full Payment for
the cargo Transaction Intermediaries, NNPC/Sellers SHALL direct Vessel(s)
Captain/Master to discharge into Buyer Storage or Tranship cargo into Buyer’s
Vessel(s) or ensure Tanker Take Over.
14.
Sellers SHALL hand over ALL Original Title Documents over the relative
CARGO in Buyer’s Name to Buyer through Buyer’s Bank, for final payment as per
Contract, within 48 Hours of hand over.
NB-:
In the interim, in respect of Discharge/Transhipments or Take Over, whichever
is appropriate and agreed to by parties, Buyer’s Inspectors/Team SHALL, at
all-time material, remain on Board the Sellers' Cargo Vessel(s) to secure cargo
& supervise Discharge/Transhipments, or Take Over, as the case may be, to
international marine standard, for and to the satisfaction of Buyer.
15.
Full Payment is accordingly made by Buyer’s Bank for the Cargo &
relative Fees/Commission, are to be paid to Transaction
Intermediaries/Consultants simultaneously through their nominated Paymasters,
as per SPA/Contract IMFPA Clause (per shipping documentation) by Sellers'
Fiduciary Bank.
16.
Next shipment is discussed and commenced in line with this procedures,
with rolls/extensions, to be based upon an agreed revolving instrument posted
into Sellers' Nominated Fiduciary Bank/Account, to secure and cover the total
(12 Months) value of cargo/product, with its Rolls and Extensions,
NB-:
12 months’ extension agreement covers only all intermediaries and consultant's
involved in the trial lifting, with no external parties.
PRICE
DISCOUNT: -
DATED
BRENT PRICE with discount per barrel of $10.00 Gross, Less $4.00 as
Commission/Fees ($2+$2) And $8.00 Net to Buyer.
PRODUCT
DETAILED ANALYSIS:
PRODUCT: BONNY LIGHT CRUDE OIL
QUANTITY: 1 MIL BARREL
MIN/ 4 MIL MAX
PORT
OF LOADING: BONNY TERMINAL (OFFSHORE)
PORT OF DESTINATION(POD): ROTTERDAM
MODE OF TRANSACTION: CIF
GROSS DISCOUNT: 10 DOLLAR
NET DISCOUNT: 6 DOLLAR TO BUYER
COMMISSION: 4 DOLLAR / 2 DOLLAR ON BOTH SIDES,
SELLER’S SIDE CLOSED.
NIGERIA
LIGHT CRUDE OIL STANDARD QUALITY SPEC;
Specific
Gravity: 0.8459
API: 35.8 degrees, min.p
Water
Content: 0.2%Vol, max
BSW: 0.6% Vol, max.
Pour
Point: Below 40 Degree F, max.
Salt,
LB per 1,000 bbl: 12, max
Total
Sulfur, wt%: 0.14, max.
Reid
Vapor Pressure: 6.52 PSIG, max.
Carbon
Residue, wt%: 1.0, max.
VINI,
PPM wt: <2.0
Vis,
cst @ 37.8Deg C. : 3.47, min.
Yield
C1-C4 wt%: 2.10
Best
Regards
Susan
Mcdonald
CEO
Maclar Trading Nig Ltd
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