BLCO On TTO (Already Loaded Vessels Heading) To China/ Rotterdam Waters With Bg/sblc Mt760 Of $20,000,000.00 Only For Two Million Barrels [2mbrls] Only. Price: $10/$6 Net. Commission: $4 ($2 Each Sides) 1. Buyer And Seller Sign And Seal The Sales Purchase Agreement (Spa), Proof Of Funds(Pof), Cis Of The Buyer/offtaker, Certificate Of Registration Return. Signed Documents Are Lodged In Their Banks. The Electronic Signed Copy Of Spa By Both Parties Is Considered Legally Binding And Enforceable And Must Not Be Changed Without The Written Consent Of The Parties. 2. Within 48 Hours Of Signing The Contract, Buyers Top 100 Bank, After Exchange Of Bank Rwa/preadvice Communications Between Buyers Bank And Sellers Fiduciary Bank. Buyers Bank Issues An Operative, Irrevocable, Divisible, Transferable Mt760sblc/bg Of Usd $20,000,000.00(Twenty Million Dollars) For Two Million Barrels [2mbrls] Only Valid For 366 Days According To Seller's Verbiage On Last Page Of The Spa. 3. Seller's Bank Confirms Buyers Mt760sblc-bg Of Usd$20,000,000.00 (Twenty Million Dollars) For Two Million Barrels [2mbrls] Valid For 366 Days According To Seller's Verbiage On Last Page Of The Spa And Seller Sends The Shipping Documents (Pop) Programmed In Buyers Name To Buyers Bank. 4. Seller Authorizes Vessel Captain To Send Mnor/eta To Buyers Harbor Master Confirmable By Buyers Shipping Agency And Moves Cargo To Buyers Pod In China For Ciq. 5. Vessel Announce Arrival At Buyers Destination Pod And Boards Buyers Inspectors And Supercargo For Q&q/ciq At Agreed Location Inside Buyers Port. 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. 6. Buyer Releases Full Payment For Cargo To Seller's Nominated Bank Within 48 Hours After Inspection Against Q/q Report, Commercial Invoice And Cargo Documents By Mt-103 (Cash Wire). 7. Seller Confirms Payment & Authorize Captain To Discharge Cargo Into Buyes Storage Tank. Buyer Pays Commission To All Agents Involved In The Transaction Per The Contract. 8. Seller Commence Subsequent Shipments On Simple Dip/ci/pay Basis. Note: These Blco Procedures Are Primarily Targeted At Serious Buyers Only. It Is Also Aimed At Fishing Out Unserious Buyers. Please Note That Seller Will Not Issue Any Spa For Blco To Any Buyer Until Such A Buyer First Issues Loi/icpo To The Seller. Seller Does Not Have Time For Plastic Buyers, Endemic Time Wasters, Spa Pigeons And Spa Eaters In The Energy Business. Mandates And Facilitators Are Hereby Duly Informed.
BLCO Place of Origin: Nigeria Brand Name: Bonny Light Crude Oil Model Number: : MOGL/B-TTO/3514 Type: BLCO Application: Base Oil Grade: OPEC Chemical Composition: TECHNICAL SPECIFICATIONS/REPORT OF Q & Q TEST ANALYSIS Specific Gravit QUANTITY: 2,000, 000 Million Barrels: +/- 5% Supply Ability Supply Ability: 25,000.000 Barrel/Barrels per Day Packaging & Delivery Packaging Details Sales & Purchase Procedures T.T.O Port Port harcourt Lead Time : TTO property Measured Blended Back Gravity, API° 32.9 Gravity SG 0.86 Sulfur, wt% 0.16 Total Nitrogen, ppm 1170 Hydrogen, wt% Acid Number, mg KOH/g 0.19 0.17 Pour Point, °F / °C 6.1 / -14.4 / Charact. Factor (K-FACTOR) 11.68 Viscosity, cSt at 40°C (104°F) 4.99 Viscosity, cSt at 50°C (122°F) 4.05 Vanadium, ppm 0.42 Nickel, ppm 4.16 MCR, wt% Ramsbottom Carbon, wt% Asphaltenes, (H.C7) wt% 0.0032
We're a swiss brokarage company representing multiple suppliers of BLCO from Nigeria and can offer the following conditions: Quantity: Minimum delivery of 2 million barrels, Maximum delivery of 10 million barrels Minimum length of contract 12 months Different quantities and lengths of contracts shall be discussed. Price: Platts market price the average of the three days around the TTO date at a Discount of $5 ($8/$3) per Barrel Loading Port: NNPC Bonny Terminal Payment: Standby Letter of Credit (SBLC) via (MT799/MT760) $150 Million at a top rated 50 Prime Bank. Payment of Product: Swift MT103 Wire Transfer Logistics: FOB: TTO or TTT Loading Port: NNPC Bonny Terminal
9.1 Seller issues draft contract and draft Irrevocable Corporate Purchase Order (ICPO), open for amendments, to Buyer for procedure verification and acceptance. 9.2 Seller signs and seals the Sales Purchase Agreement (SPA) the â??Contractâ?� and emails to the buyer for signature and endorsement. 9.3 Buyer countersigns the contract and dispatches a copy to the Seller with ICPO. Buyer shall return copy of the signed Contract Agreement with Buyerâ??s Port of Discharge (POD)/NOR draft. 9.4 Seller loads vessel and sends to buyer full soft copies of cargo documents in buyerâ??s/ seller's name. Sellerâ??s loaded vessel shall issue a Marine Notice of Readiness (NOR) to the buyerâ??s port of discharge. 9.5 On receipt of NOR from Sellerâ??s loaded vessel, Buyerâ??s bank will issue ICPO to the Sellerâ??s bank. 9.6 On receipt and confirmation of ICPO at Sellerâ??s bank, Sellerâ??s loaded vessel shall sail to buyer's POD. Upon arrival of the vessel to buyerâ??s discharge port, Buyer shall be responsible for clearance of vessel to POD, and within 24-36 hours, Sellerâ??s vessel issues ATB (Authority to Board) to buyerâ??s inspectors to board the vessel to conduct Q&Q at buyerâ??s expense. Q&Q inspection and report must be based on the established procedures of the port of discharge. 9.7 Upon a successful Q&Q, Buyerâ??s inspectors release inspection report with copies to the seller. 9.8 Seller issues commercial invoice to buyer. The invoice shall be based on the Q&Q certificate. Seller also issues hard copy of documents to buyer. Documents (total original and Copies) will be sent to the buyer directly, or appointed bank by buyer for the payment. 9.9 Within 3 days from the date of the Q&Q Certificate, buyer pays to Sellerâ??s and agentâ??s account for the cargo via MT103). Vessel discharge to buyerâ??s tank. 9.10 Steps 9.4 to 9.9 is repeated for the next shipment.
OFFER #1: CIF INCLUDES PORT DOCKING OF VESSEL AND CUSTOM CLEARANCE BY SELLER. PROCEDURE: Dip and Pay. Free boarding, Q&Q onboard vessel inspection by Buyer. LICENSE: China CCIC PAYMENT: After custom clearance and port of destination. No bank guarantee, no blocked funds, and no SBLC PRICE: $-8 gross / $-6 net OFFER #2: Tanker Tank Over (TTO) PROCEDURE: $1M SBLC ISSUED BY BUYER THROUGH SWIFT MT 760 AND INSTRUCT HIS LOADED VESSEL CAPTAIN TO ISSUE NOR/ETA TO HABOUR MASTER FOR ONWARD DEPARTURE ON BEHALF OF BUYER AND HIS SHIPPING AGENT. INSPECTION: BUYERâ??S INSPECTOR CONDUCT Q&Q AND SUBMIT RESULTS TO BUYER AND SELLER. PAYMENT: MT103 CRYSTALIZED TO CASH LESS $1M FOR LOGISTICS AND DOCUMENTATIONS, AS BUYER MAKES FULL PAYMENT. PRICE: $-12 gross / $-8 net OFFER #3: CIF FOR UNLOADED SHIP PROCEDURE: RWA issued by Buyer via MT799 Stating Readiness to issue SBLC. Seller validates SBLC and issues 2% PB to Buyers' Bank INSPECTION: Buyers' Independent Inspectors inspectors form Q&Q PAYMENT: MT-103 PRICE: $-12 gross / $-8 net
Origin of BLCO is Nigeria.
COMMODITY: BLCO or Bonny Light Crude Oil BLCO or Bonny Light Crude Oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of Bonny. Bonny light oil has an API of 32.9, classified as light oil. It is regarded as more valuable than the other oils with lower API as more high-value products are produced in the refinement BLCO is sweet. The term sweet originates from the fact that a low level of sulfur provides the oil with a relatively sweet taste and pleasant smell, compared to sulfurous oil. ORIGIN: Nigeria QUANTITY: 2 â?? 20Million BLS �? 12 MONTHS Delivery â?? CIF, TTO all possible PRICE: CIF DISCOUNT: $12/8 TTO Prices to be discussed Kindly get back to us with your order confirmation (LOI ) and destination port, so that we can send you our official offer and proceed with the allocation of your shipment . We are committed to providing you a very satisfactory service.
We Can Supply Monthly Up To 2.000.000 Bbr Crude Oil Please Real Buyer Contact With Icpo Thanks
BLCO Bonny Light Crude Oil Direct from NNPC Nigeria Allocation verify at NNPC Tower after contract signed, after allocation verified, pay instrument issue from buyer. Gross discount: $14.00 per barrel Net discount to buyer: $10.00 per barrel Interested please contact for detail.