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For real businesses only

We sell Bonny-Light Crude Oil, MAZUT (M100), GASOIL (D2 Diesel and Diesel 10PPM), Jet Fuel (Grade 54), REBCO and other on request, inquire see here

PRODUCT AVAILABLE / QUANTITY / PRICE on request  

Product Contract Quantity First shipment Price in USD
MAZUT, FUEL OIL M100 GOST 10585 / 75 50,000 MT x 2 Per Month 50,000 MT On request
GASOIL, D2 DIESEL L-0.2-62 GOST 30582 50,000 MT x 2 Per Month 50,000 MT On request
JET FUEL,  AVIATION KEROSENE COLONIAL GRADE 54  (JP54) 1,000,000 bbl Per Month 500,000 bbl On request
GASOLINE, OCTANE 95 30,000 MT X 2 Per Month 30,000 MT On request
GASOIL, DIESEL 10PPM EN590 50,000 MT x 2 Per Month 50,000 MT On request
REBCO 500,000 BBL & ABOVE OPEN On request

DATA:

ORIGIN            : RUSSIA

TERMS             : C I F

SHIPMENT       : STARTS IN 15 BANKING DAYS AFTER PAYMENT INSTRUMENT.

PAYMENT         DLC / SBLC & MT103 

INSPECTION     : SGS (OR) SAYBOLT (OR) CIQ.

PB                   : 2% (ONLY FOR INSTRUMENTS PLACED FOR CONTRACT PERIOD OF 12 MONTHS)

SPECIFICATIONS          : STANDARD EXPORT QUALITY (ATTACHED)

WORKING PROCEDURES:

BUYER ISSUE ICPO WITH THESE TERMS, BANK DETAILS, ALONG WITH BCL/ SOFTPROBE PERMISSION TO CONTACT THEIR BANK TO VERIFY BUYER CAPABILITY AND WITH NCNDA SINGED BY BUYER & ALL PARTIES INVOLVED, TO SELLER.

SELLER SIGN AND RETURN NCNDA TO ALL PARTIES.

SELLER DO NEEDFULL WITH THEIR REFINERY EXPORTS TO VERIFY BUYER CAPABILITY WITH BUYER BANK AND ISSUE SALE PURCHASE AGREEMENT (SPA) FOR BUYER SIGN.

BUYER & SELLER SIGN SPA. SELLER RELEASE MFPA SIGNED AND SEND TO ALL PARTIES.

SELLER SEND COPY OF NOTARIZED PARTIAL PROOF OF PRODUCT LISTED BELOW TO BUYER BY FAX OR BY COURIER (COURIER CHARGES WILL BE PAID BY BUYER)

– A.     CERTIFICATE OF ORIGIN OF THE PRODUCT.

– B.     STATEMENT OF PRODUCT AVAILABILITY.

– C.      COMMITMENT LETTER TO PRODUCE THE PRODUCT.

– D.     ALLOCATION CERTIFICATE.

– E.      QUALITY ANALYTICAL REPORT.

 

BUYER VERIFY ABOVE PPOP (SELLER DO NEEDFUL IN BUYER VERIFICATION WITH REFINERY), AND ISSUE IRREVOCABLE CONFIRMED DLC COVERING FIRST TRIAL SHIPMENT TO SELLER BANK AS PER SIGNED SPA.

AFTER CONFIRMATION OF THE BUYER PAYMENT INSTRUMENT, SHIPMENT COMMENCES AS PER CONTRACT.

THE SGS INSPECTION WILL BE CONDUCTED AT THE LOADING SEA PORT AND SGS INSPECTION AT DISCHARGE SEAPORT, BY BUYER.

UPON ARRIVAL OF THE CARGO AT THE DISCHARGE PORT, PAYMENT WILL BE MADE FOR THE PRODUCT BY THE BUYER BANK VIA MT103 100% WITHIN 2 WORKING DAYS AFTER SGS INSPECTION AT DISCHARGE PORT.

BUYER EXTENDS ABOVE PAYMENT INSTRUMENT TO MONTHLY SHIPMENT VALUE. SELLER CONTINUE SHIPMENTS AND BUYER BANK RELEASE PAYMENTS AFTER SGS AT DISCHARGE PORT.

 

IMPORTANT NOTES:

SELLER & BUYER WILL COMMUNICATE DIRECTLY EACH OTHER, AND SELLER OFFICE / REP WILL UPDATE ALL MEDIATOR PARTIES BY MAIL ABOUT PROGRESS & STATUS OF TRANSACTION PERIODICALLY.

ALL DOCUMENTS RELATED TO PRODUCT, SHIPMENT OF PRODUCT AND BANKING WILL NOT BE EXCHANGED BY MAILS, EXCHANGED IN PERSON OR BY FAX OR BY COURIER.

BUYER CAN MEET SELLER AT MOSCOW IF THEY WISH TO MEET AT BUYER COST.

 

Offer for  Bonny-Light Crude Oil

We are in the position to offer BLCO on a cooperation agreement (Joint Venture) with NNPC

Minimum Quantity:

2 million barrel per months minimum (other quantities on request), with annual contract only in accordance to our Transaction Procedures, CIF ASIA PORT gross 9 / 6 net (concrete in time of contract signing) or other ports on request

Possible Quantity:

We can sell until 52 Million barrel per year, based on a licence with NNPC approval

Documents:

Interested buyers are advised to prepare:

1) Company Profile

2) Letter of Intent

3) ICPO