We are NNPCS official allocation holder, offer real CIF or FOB bonny light crude oil direct from NNPC
We sell bonny light crude oil at off OPEC price and we will offer all commission for the buyer side because we are the seller, no any seller side agent
Pls contact me, and I will offer my company BLCO proposal to you (including proof of product and SOP)
Minimum order:2 Million barrel/vessel
WHAT IS BONNY LIGHT CRUDE OIL OR BLCO
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.
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.
Bonny Light Crude Oil (BLCO) is known for its low sulfur content and high yield of valuable refined products such as gasoline and diesel, BLCO is a preferred choice for refineries worldwide.
The price is based on Platts.
Platts McGraw Hill, London is the organization internationally recognized and accepted who publish official market prices of petroleum products on a daily basis.
Product Overview
Basra Light Crude Oil is one of Iraq's premium crude oil grades, known for its moderate API gravity and relatively high sulfur content. It is a sought-after crude oil for refineries that specialize in processing heavier grades into diesel, gasoline, jet fuel, and petrochemical feedstocks.
Key Characteristics:
Moderate API gravity (~30-31), making it a balanced crude for refining operations
Higher sulfur content (~2.87%), typically requiring desulfurization but yielding valuable middle distillates
Ideal for refining into diesel, gasoline, and jet fuel
Stable and consistent supply via Iraq's major oil terminals
Important Note: Iraq's Crude Oil Sales Process
Unlike many global markets, Iraq operates differently in crude oil sales, particularly through SOMO (State Organization for Marketing of Oil). This means:
* Only qualified buyers and refineries can engage in direct purchases.
* Strict registration, compliance, and financial verification processes are required.
* Transactions involve long-term contracts or structured agreements with SOMO.
If you are interested in securing Basra Light Crude Oil, please contact us for more. Our team will guide you through the proper procedures to ensure compliance with Iraq's regulatory framework for crude oil sales.
Bonny light crude oil is available from nnpc terminal on FOB/CIF/TT,we work with direct vessel loading terminal and we can offer with good price and good procedure.Contact us for more information.
Cif Spot 2,000,000 Bbls Liftable Contract To Rotterdam And A Possible Extension Of 12 Months Cif (rotterdam)
Gross $11 Usd, Net $8 Usd Bbl
Nigerian Light Crude Oil Specification:
Specific Gravity
API
Water Content
BSW
Pour Point
Salt, LB per 1,000 bbl
Total Sulfur, wt%
Reid Vapor Pressure
Carbon Residue, wt%
VINI, PPM wt
Vis, cst @ 37.8 Deg C.
Yield C1-C4 wt%
0.8459
35.8 degrees, min.
0.2% Vol, max
0.6% Vol, max.
Below 40 Degree F, max.
12, max
0.14, max.
6.52 PSIG, max.
1.0, max.
<2.0
3.47, min.
2.10
Bonny light crude
1.Product: nigeria bonny light crude oil (blco)
2.Origin: nigeria
3.Quality: nnpc standard export grade.
Specification gravity (api)=35.7
Density at degrees cg-cm max=0.45
Sulphur content wt, pct, max=0.14
Colour =Dark brown
Salinity ptb @ 10% bsw=47 max
Acid number=0.49
Reid vapour=6.25max
Water and sediment content=0.2%
Pct max=1.0
Iron wt, ppm =1.0
Vanadium wt, ppm=2.0
Nickel wt, ppm=4.04
Quantity: (6, 000, 000m bbls) six million barrels monthly shipment +/-10% for twelve (12) calendar months with possible extension if buyer chooses.
5.Pricing: price per barrel to seller, is fixed at $8.00/bb; (usd) bellow brent. This price jointly agreed by seller and buyer, and it is binding on this transaction, which net discount of $4.00/bb (usd) to the buyer and $1.50/bb1 (usd) to buyerµs agent/ brokers, $1.50/bb1 (usd) sellerµs agent/ brokers and $1.00(usd) to consultant/financier
Net discount =$4.00 to the buyer
Buyerµs agent =$1.00
Sellerµs agent =$1.00 (closed)
Buyerµs fac.=$0.50
Sellerµs fac=$0.50 (closed)
Consultant = $1.00 (closed)
(6, 000, 000m bbls) six million barrels monthly shipment +/-10% for twelve (12) calendar months with possible extension if buyer chooses.
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.
We offer high quality petroleum products (including Russian D2 GasOil, Mazut M100, JP54 Jet Fuel, Jet A-1, D6 Virgin Fuel Oil, EN590, LNG,LPG, Cst180, Light Cycle Oil,REBCO etc). PROMMEKS CJSC is an ultimate global sourcing channel for reliable reliable Allocation holders,title holders, refineries and end sellers. We urge you to contact us for purchase of varieties of products as our returns for over ten years has been impressive and our channels continues to grow due referrals by our customers.
Quantity
Bonny light crude oil (BLCO) 2 000,000 barrels (Two million barrels) +/-10% X at Sellers Option;
X 12MONTH ,Shipped in one vessel per LOT .
Minimum quantity of 1 million barrels.
SPECIFICGRAVITY: 0.8459
API AT 60 DEG.F: Min 33.0 - Max 37.00 +/- 5%(ASTM D-1298)
WATER CONTENT BY DISTILLATION: 0.2%(ASTM D-4006)
POUR POINT DEGREES: BELOW 40 (ASTM D-97
SULFUR WEIGHT%: 0.14 (ASTM D-139)
SALT CONTENT PARTS PER BILLION: (ASTM D-526)
REID VAPOR PRESSURE (P.S.I.G.): 6.52 (ASTM D-529)
KINEMATIC VISCOSITY @ 30 DEG.: 2.2(ASTM D-523)
DISTILLATION INITIAL BOILINGpoint (IBP): 35 DEG.C (ASTM D-86)
DISTILL TO 175 DEG.C VOL.%: 35.5
DISTILL TO 250 DEG. C VOL.%: 51.5
DISTILL TO 300 DEG. C VOL%:60.5
COLOUR: Dark Brown
