BONNY LIGHT CRUDE OIL NEEDED URGENTLY

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Country/Region: NigeriaNigeria
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KINDLY SEND SPA FOR US TO PROCEED IMMEDIATELY.


PROCEDURE(1) FOR CIF AND FOB (BLCO)

2-4mln brrls/mo,FOB @ 8/5,CIF Usa @ 6/4,dlc payment.



following our procedures as follows:

Buyer/seller sign/seal a contract.
Seller sends a pre-advise from his Bank to
buyer's bank with a
confirmation that seller will open 2% PB after the
contract signing.
Buyer opens his LC.
Seller opens his Pb to activate Buyer's LC.
Shipment commences as per contract.

Please revert as we will be the one who will open the
LC.


PROCEDURE(2)

SEE IF THERE WILL BE A SELLER TO ACT WITH THIS
PROCEDURE FROM A BUYER, IF YOUR GROUP WILL BE
CONSIDERATE ON WHAT WILL COME TO THEM


Our Buyer will be giving mother vessel details with
CPA before
the Seller load feeder vessel, and once Buyers bank
has given
the irrevocable Bank Payment Guarantee, as follows:
1. Seller/Buyer sign SPA & Escrow agreement,
2. Seller place USD 100.000 Cash PB with Escrow
agent.
Buyer has chosen an Escrow company: Bankers
Escrow Corp.,
but Seller can chose another Escrow company,
Buyer pay fees.
3. Buyers bank issues confirmable, irrevocable
payment
undertaking signed by two banks officers to
Seller and
Sellers bank, it means pre advice LC.
4. Upon confirmation of pre advice LC or bank
undertaking,
Escrow agent releases USD 100.000 cash PB to
Buyer.
5. Buyer nominates receiving vessel and provides CPA,
Q88,
6. After verification and confirmation of Buyers
vessel by Sellers
feeder vessel master, Seller will load his feeder
vessel within
5 days and send confirmation NOR to Buyers vessel
which
respond with ETA,
7. On arrival of Sellers vessel at Lome triangle,
Buyer nominates
SGS for inspection and ascertain Q&Q before
discharge,
8. Upon verification SGS inspection, Buyer provides
ATL to
Seller, quantity on feeder vessel should not less
than
2.000.000 bbls,
9. Buyers bank withing 72 hours issues irrevocable,
confirmed
LC covering total 2.000.000 bbls to Sellers
nominated bank.
LC will issued and confirmed from bank acceptable
to Seller,
10.Sellers vessel connects its hose and impregnates
Buyers
vessel, transhipment takes place,
11.Second SGS is conducted by Buyer on Buyers vessel
once
transhipment is completed. Payment is effected
by wire
transfert immediately to Sellers bank account
and for the
commissions to agents into their respective bank
accounts
within 3 working days,
12. Cash PB is immediately returned to Seller with
interest.
There is no risk for Seller since he places only
100.000
securized PB, when Buyer will commited to charter
tanker
and pre advice LC for hudge millions Dollar.
Minimum Net Discount 5, qty no less 2.000.000 bbls.
Please dont contact us unless you come with Sellers
FCO or
signed, sealed and up dated SPA, dont either suggest
any
change even minor or ask for LOI...

PROCEDURE(3) FOR CIF(BLCO)

1. Seller and Buyer sign Sales/Purchase Contract
Agreement with both Parties banking details.
2. Buyer signs SPA and returns same to Seller

3. Buyer bank issues Swift Message Bank-to-Bank
stating their willingness to open a letter of credit
for the monthly purchase of Four Million Barrels (4M
BBL) per month (and copies sent to the seller) once
the seller establishes a non-operative 2% PB .

4. Seller issues 2% Non-Operative Performance Bond and
copies sent to buyer.

5. Buyer opens Letter of Credit in the amount of one
month shipment of 4 million barrels which activates PB
and copies sent to seller.

6. Buyer furnishes to the Seller valid Charter Party
Agreement (CPA), Q88 and Authority to Load
buyer’s Vessel
7 Seller contacts Buyer’s Vessel; confirms her
presence or ETA and readiness to receive Product on
behalf of the Buyer.
8. Seller’s vessel loads and sends Confirmable
Notice of Readiness [NOR] to Buyer’s vessel.
9. Buyer’s Captain responds with ETA and
confirmation to long side with seller’s feeder
vessel for Trans-shipment.
10. Upon long siding, Quality and Quantity [Q&Q]
Inspection is conducted on the Seller’s Vessel
by the Buyer’s nominated Independent Inspection
Agents (cost to be borne by buyer).
11.Seller’s vessel discharge cargo into
Buyer’s Vessel.
12. At the completion of the loading, expenses of
quantity and quality test conducted by Buyer’s
nominated Independent International Survey or
Inspectors would be paid by the Buyer with test
certificates and all relevant shipping documents
presented to the buyer’s bank with copies to the
Buyer.
13. Buyers bank makes payment of Cargo to
seller’s bank and Commissions simultaneously by
SWIFT Wire Transfer[KTT] to brokers and Agents upon
presentation of all relevant shipping documents.

THANKS FOR YOUR CO-OPERATION.