Description
Offer includes OPEC Allocation and direct purchase from NNPC.
Looking for buyers from across the globe. Packaging will be ******0
to*******0 barrels per month for at least twelve months. Delivery
shall be on TTT,TTO and CIF terms. Our transaction procedures are
simple and competitive. For instance the following CIF
Procedure can be modified to suit buyer\'s peculier needs and our
dicounts are generous and often negotiable.
~~ CIF PROCEDURES:
1. Buyer and Seller sign and seal this Contract including banking
coordinates, exchange the signed copy by electronic mail and
deposit with their banks. The electronic signed copy by both
parties is considered legally binding and enforceable.
 2 .Buyer’s bank issues a Non-operative revolving monthly
DLC by swift to seller’s bank
3.Seller’s bank activates DLC with 2%PB.
 4. Seller Nominates a Vessel and load in Buyer’s name,
prepare all the cargo documentations and the Nominated vessel for
one w  ay voyage charter agreement to Buyer’s Port of
Destination (POD).
5. Seller furnishes CPA & Q*8 and issue full shipping cargo
documentation from NNPC to Buyer.
6. Loaded vessel captain issue NOR/ETA to POD.
7. Within *8 to *2 hours after the vessel has discharged its cargo
at Buyer’s designated port and Buyer has received the Discharge
Report as shall be confirmed by the Captain of the Vessel,
including all relevant documents presented by the Seller after the
time of cargo delivery, Buyer’s Bank makes payment by Swift
Transfer to Seller’s Bank Account payable at its counter for this
transaction and to beneficiaries named in Master Fee Protection
Agreement in the contract for fees, herein below stated.
8. Title transfers and Vessel Departs.
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