Freonic Energy is your trusted intermediary in the global energy market, delivering a secure, reliable, and efficient platform for the trading of Bonny Light Crude Oil (BLCO).
Let's start the conversation. At Freonic Energy, we believe successful transactions begin with trust and transparency. There are no upfront payments required-only the necessary documentation, including Standby Letter of Credit (SBLC) or Documentary Letter of Credit (DLC). Working with our trusted global partners, we facilitate the secure delivery of crude oil directly to your Port of Discharge (POD). Our streamlined trading process is designed to be secure, transparent, efficient, and reliable, providing confidence and peace of mind for both buyers and sellers throughout every stage of the transaction.
Bonny Light Crude Oil (BLCO) is Nigeria's premier crude oil grade and one of the most sought-after light sweet crude oils in the global energy market. Renowned for its low sulfur content and exceptional refining efficiency, BLCO produces high yields of premium petroleum products such as gasoline, kerosene, diesel, and jet fuel. BLCO is widely valued in international markets for its high refining yields and processing efficiency, making it a preferred choice for refineries around the world. Known globally as Bonny Light Crude Oil (BLCO), Nigeria's flagship export grade is actively traded on the international crude oil market and serves as a key benchmark.
Nigeria's premium light crude oil is produced through a joint venture between the Nigerian National Petroleum Company Limited (NNPC) and leading international oil companies operating in the Niger Delta region of Nigeria. Renowned for its high quality, low sulfur content, and strong refining value, BLCO remains one of Africa's most sought-after crude oil export grades
Palm oil is a versatile and essential commodity used in various industries, including food, cosmetics, and biofuels. We export premium-quality palm oil that is sustainably sourced and produced. Our unique challenge lies in ensuring the traceability and sustainability of the palm oil we export. To overcome this, we work closely with palm oil plantations and processors that adhere to rigorous sustainability practices, including zero deforestation, protection of biodiversity, and fair treatment of workers. We conduct meticulous inspections and certifications to ensure that the palm oil we export meets internationally recognised sustainability standards. By upholding these standards, we not only provide our customers with top-quality palm oil but also contribute to the preservation of the environment and support ethical practices within the palm oil industry.
The palm kernel is the edible, hard, stony seed found at the core of the oil palm fruit. Encased within a tough shell, the kernel is a small but vital part of the palm fruit, as it contains a significant amount of oil that is highly valued in various industries. The fruit yields two distinct oils: palm oil derived from the outer parts of the fruit, and palm kernel oil derived from the kernel. The pulp left after oil is rendered from the kernel is formed into "palm kernel cake", used either as high-protein feed for dairy cattle or burned in boilers to generate electricity for palm oil mills and surrounding villages.
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.
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Cassava is a starchy root vegetable native to South America and widely cultivated in tropical and subtropical regions. It is a staple food for millions of people, particularly in Africa, Asia, and Latin America. Cassava is valued for its high carbohydrate content, making it an important energy source in many diets. It can be processed into various products, including cassava flour, tapioca, and starch, and is also used in animal feed and biofuel production.
We are your reliable source for high-quality welding electrodes that deliver exceptional performance in diverse welding applications. We recognise that the welding industry demands products that are durable, efficient, and capable of producing superior welds. Our unique challenge lies in ensuring that the welding electrodes we import adhere to stringent quality standards. To address this, we partner with established manufacturers who have a proven track record of delivering reliable welding products. We conduct comprehensive quality control checks on each batch of welding electrodes, verifying their chemical composition, tensile strength, and welding performance. By doing so, we guarantee that the welding electrodes we supply consistently meet or exceed industry standards, enabling our customers to achieve impeccable welding results.
