Description

NIGERIA BONNY LIGHT CRUDE OIL AVAILABLE.
DIRECT BUYER OR MANDATE TO BUYER SHOULD CONTACT US. 
see the details of the procedures below for TTO and CIF, let us know if the buyer can work with it.

PROCEDURE TTO:
PROCEDURES TTO DISCOUNT $*2/7.


1. Seller send draft contract for Buyers review and amendment after final contract mutually agreed upon, Buyer signs the contract and provide ATB format, with supercargo and inspector details.

2. Buyers Bank SWIFT RWA to Sellers bank.in the form of MT**0.

3. Seller loads vessel in Buyers name and send copies of cargo documents to buyers bank. 
Sellers Captain issues NOR/ ETA to buyers port of Q/Q in any port jn West African sub-region..

5. Buyers Q/Q port acknowledges NOR/ETA and the vessel sails to the Port for Q/Q..

6. Sellers vessel Captain issues ATB + clearance to buyers inspector to come on board for sample collection and Q/Q..

7. Buyer boards his inspection team on Sellers pregnant vessel at his own cost.


8. Upon successful Q & Q, inspection reports are sent to both Seller and Buyers bank & Buyer releases $1,**0,**0 or its Naira equivalent to Sellers account for logistics..


9. Buyers bank within *2 hours of Q/Q, places MT**3 covering the cost of cargo, but less the money already paid by the Buyer.

*0. Seller introduces buyer to vessel handlers for re-charter.

*1. Payment is released to sellers account and all agents and facilitators accounts as per the signed contract. 

*2. Vessel sails to buyers POD..

*3. NEXT TRANSACTION.


*4. DISCOUNT:$*2/7
*5. $2.*0 per Barrel to Sellers side 
*6. $2.*0 per Barrel to Buyers side
*7. $1.*0 per barrel tp transaction coordinate.


BLCO PROCEDURE CIF

1. SELLER AND BUYER SIGN SPA THE ELECTRONIC SIGNED DOCUMENT BOTH PARTIES
DEPOSITED IN THEIR RESPECTIVE BANKS

2.BUYER ISSUE SWIFT OF RWA TO SELLER NOMINATED FIDUCIARY BANK ACCOUNT


3. SELLER ISSUES ALL THE LOADING DOCUMENTS DIRECT TO BUYER NOMINATED EMAIL
ADDRESS FOR CONFIRMATION IN BONNY LOADING TERMINAL

4 . BUYER IMMEDIATELY AFTER VERIFICATION THROUGH TERMINAL OFFICIAL EMAIL
ADDRESS OR FROM THE LOADED VESSEL CAPTAIN

5. THE CONFIRMATION WILL ONLY LAST FOR *4 HOURS IN A WINDOW TIME PROVIDED
BY NNPC LOADING TERMINAL IT WILL BE CLOSED FOR SECURITY REASONS

6. BUYER IMMEDIATELY INSTRUCT HIS BANK TO SEND ANY OF THE FOLLOWING BY
SWIFT SBLC/**9/**0/**3 DIRECT TO SELLER NOMINATED BANK ACCOUNT

7.SELLER CONFIRMED THE RECEIVED OF THIS INSTRUMENT WITHIN *8 HOURS DIRECT
VESSEL CAPTAIN TO SEND NOR / ETA TO BUYER NOMINATED PORT OF DISCHARGE

8 . SELLER MOVE PREGNANT LOADED VESSEL TO AGREED SAFE LOCATION FOR FINAL Q
AND Q ANALYSIS

9 UPON ARRIVAL VESSEL MASTER INVITE BUYER NOMINATED INSPECTION TEAM TO
COME ONBOARD FOR Q AND Q

*0. WHEN THE Q AND Q RESULTS ARE RELEASED TO BOTH PARTIES BUYER PLACE MT**3
FOR THE TOTAL CARGO COST

*1. NEXT SHIPMENT RESCHEDULE FOR ANOTHER ADDITIONAL SUPPLY QUANTITY PER SHIPMENT 2ML BARRELS BLCO MONTHLY.

The Discount to the Buyer shall be USD $*2. *0 per/b US barrel below DTD Brent (PCAAS*0) to the Buyer on TTO terms. Net to Buyer $7.*0 and $5:*0 as commission to both Seller and buyer AGENTS / FACILITATORS on equal share and $1.*0 to Transaction coordinators group.
Contact us if you are buyer or mandate to buyer. 

Best Regards, 
Mr.Mohammed Bello .
Sellers Agent.