Price of product ( USD price or FOB price) :
The price shall be determined by the average of the three days around the discharged date (the day before, the day of the discharged date and the day after) referred to Platt's publication, heading: Dated Brent (dtd).
Product origin :
NIGERIA
Key Specifications/Special Features :
0.14% sulphur contents as per standard NNPC
Minimum Order Size and Packaging details :
1-4 million barrels x 12 months within
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
SPECIFIC GRAVITY: 0.8398 API AT 60 DEG. F: Min 35.0 -Max 37.00 +/- 5% (ASTM D-1298) WATER CONTENT BY DISTILLATION: 0.2% (ASTM D-4006) POUR POINT DEGREES F: BELOW 40 (ASTM D-97) SULFUR WEIGHT %: 0.14 (ASTM D-139) SALT CONTENT PARTS PER BILLION: 3.0 (ASTM D-526) REID VAPOR PRESSURE (P.S.I.G.): 6.52 (ASTM D-529) KINEMATIC VISCOSITY @ 30 DEG. C: 2.2 (ASTM D-523) DISTILLATION INITIAL BOILING POINT (IBP): 35 DEG. C (ASTM D-86) DISTILL TO 75 DEG. C VOL.%: 7.0 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 SHIPPING TERMS: CIF DESTINATION PORT: CIF ASWP PAYMENT TERMS: MT700, MT799
CIF PROCEDURE: BRENT PLATT DISCOUNT: US$8.00 Gross: US$4.00 Net: BELOW BRENT PLATT PRICE. US$4.00 Commission [US$2.00 for Buyer Agents & US$2.00 for Seller Agents - Closed] Buyer sends Letter of Intent [LOI] addressed to the Seller. Seller and Buyer sign and seal Sales/Purchase Agreement and copies sent to both parties bankers, the electronically signed copy considered legally binding and enforceable in international arbitration laws. Buyer's Corresponding bank via MT199 Pre-advice Seller's financier's bank and states its readiness, willingness and ability to swift an operative MT760 SBLC to seller's bank. Also request the seller's bank to confirm to it via MT199 its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to it. Seller's bank shall confirm via MT199 Pre-advice to Buyer's bank its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to Buyer's bank. Buyer's Bank shall swift an operative MT760 SBLC for total cargo to Seller financier's bank in Seller financier's acceptable Verbiage
Minimum Order Size : 2 million Barrels shipped monthly on a 12 month contract. Renewable after 12 months we only deal with buyers directly and on SBLC. We can ship any amount over 2 million barrels T/T
Bonny Light Crude Oil (BLCO) Min 35.0 Max 37.0 (+/-5%) Maximum Quantity: 2,000,000 Barrels per Month Price: Gross USD $89.00BBL - $85.00 CIF FOB TTO Negotiated per SPA. TERMS OF NEGOTIATION ORIGIN: FEDERAL REPUBLIC OF NIGERIA INCOTERMS: CIF/FOB/TTO LOADING TERMINAL: GULF OF GUINEA / FORCADOS PAYMENT TERMS: SBLC-MT760, MT103 PERFORMANCE BOND: 2% PB CONTRACT TERM: 12 MONTHS MINIMUM (WITH ROLLS AND EXTENSIONS) INSPECTION: SGS, CIQ OR SIMILAR COMMISSION: STRUCTURED NCNDA/IMFPA FOB ROTTERDAM TANK TAKEOVER (SELLER TANK EXTENSION) 1. Buyer sends ICPO in line with seller working procedures 2. Seller issues Commercial Invoice (C.I.), Buyer Signs within 24 hours and returns to Seller Within its validity. 3. Upon receipt and review of the signed C.I., Seller sends to the buyer detailed information of Tank Storage facility where the product is stored for buyer to contact and extend the tank for at least a minimum of three (3) days. 4. Upon confirmation of Buyer's tank tension from seller's tank farm, Seller submits to by an Unconditional Dip Test Authorization (UDTA) along with the below full POP documents: - SGS report, Pre- Injection Report, Commitment Letter to Supply Authorization to sell & collect. 5. Buyer appoints their testing teams SGS or Equivalent to vessel. dip test in seller tank before injection to the buyer's vessel or conduct test upon injection completion into the buyer's vessel to ascertain the Quality and Quantity injected to the vessel. 6. Upon successful completion into buyers tanker, Seller issues payment invoice for Buyer to pay for the product value 7. Seller issues Tittle ownership documents to buyer upon confirmation of buyer payment. NCNDA/IMFPA sign and seal by all intermediaries connected in the transaction. 8. Seller within 24 hours upon receipt of the buyer's payment pays commission to all intermediaries involved in the transaction.
Greetings, I would like to offer you BLCO straight from the Nigerian government. Kindly send an LOI to: The Group Managing Director Nigerian National Petroleum Limited. NNPC Towers, Herbert Macaulay Way Central Business District Abuja, Federal Capital Territory (FCT), Nigeria
Bonny Light Crude Oil: 01. Specific Gravity at 60* F/15.55? C: 0.8397 - 0.8498 02. API Specific Gravity at 60* F/15.55? C: 37.0 03. Density at 60* F/15.55? C - Cg - C M - MAC 0.85 max 04. Pour Point 40* F / 4.44* C 05. Sulfur Content, % Wt. 0.14 max 06. Colour Dark Brown 07. Salinity TB at 0.10% BS&W 47 max 08. Acid Number 0.39 max 09. Reid Vapour Pressure 6.52 psig max 10. Water Content, Pct.(%) 0.50 max 11. Sediment Content, Pct.(%) 0.50 max 12. Iron Wt. Ppm 1.00 max 13. Nickel Wt. Ppm 4.00 max 14. Vanadium Wt. Ppm 2.00 max.
Bonny Light Crude Oil: 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.
Specific Gravity: 0.8459 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 Sulphur, wtK%: 0.14 Max Reid Vapor Pressure: 6.52 PSIG, Max Carbon Residue, wt%: 1.0, Max VINI, PPM wt:, 2.0 Vis, cst @ 37.8 Deg C: 3.47, Min Yield C1-C4 wt%: 2.10 Agents/Brokers/Buyers can always contact Ostus Ltd via Go4WB and provide us with your specification, terms and conditions with ICPO without exclusion of end-buyer's full details. We will not process any paperwork that is incomplete; if you decide to remove the contact details of the end-buyer from the paperwork. End-seller can only prepare a FCO/SPAs to end-buyer. Please, check on an International commodities pricing platforms for your Platts/DTD Net prices for BLCO. Seller or Title Holders prefer SBLC, L/C Payment documents and not IRDLC/DLC.
For all seeking BLCO through the OFF OPEC channel we can assist in procuring for your needs. We always deal with the same source when procuring BLCO through the OFF OPEC channel. Nigerian National Petroleum Corporation is and will always be the Seller for Nigerian Crude. Our company claims no rights of owning any oil nor have any right to sell oil. What we can do is provide you with the necessary information to purchase through the OFF OPEC channel and guide you directly through the process. Beware of Fraud : *Anyone claiming to be a seller of Nigerian Crude * Any vessels claiming BLCO for sale on the way to China * PB upfront * Not using a top world bank For more information send us an email and we will responds in the order to which it was received.