Description
BLCO ready for sale on TTO,TTT,FOB and CIF
We have SPA Â for verification.interested buyers kindly give
us the type of transaction you are intrested in , it will help us
to determine the procedure and price
SIMPLE NNPC PROCEDURE FOR CIF
1. Both parties sign and lodge SPA with respective Banks
2. Buyers returns SPA with full NOR/ETA format . Seller nominates
vessel , load vessel and send NOR & ETA to the buyers point of
discharge
3.Within *2 hrs after sighning SPA buyers issue SBLC or BG via
MT**0 to seller nominated Bank.
4.Seler confirms MT**0, Seller issue 2% to buyer and release full
cargo document to buyer bank.
5.vessel sets sail to POD and issue periodic ETA to buyer
6. Within *4hrs of vessel arrival at , POD, buyer  boards,
inspect and release report to both parties and discharge Cargo.
7. Within *8hrs after discharge buyer makes full  payments of
cargo to seller and agents.
