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5,000 MT Of LPFO Needed To Tank Farm In Calabar - Business - Nairaland

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5,000 MT Of LPFO Needed To Tank Farm In Calabar by xp001: 11:20am On Oct 01, 2013
Dear All,

5,000MT of LPFO (Black Oil) is needed in calabar on a monthly basis. Transaction shall strictly be on the following procedure:

1. Buyer and seller signs SPA
2. Seller's bank issues 2%PB or Pre-advice PB to buyer's bank
3. Buyer's Bank issues BG for the entire cargo to seller's Bank.
4. Seller within 5 banking days completes loading and issues NOR/ETA to buyer's Tank.
5. Vessel longsides for Q&Q analysis
6. Upon successful Q&Q analysis and release of positive report, vessel is authorised to discharge
7. Payment is made against all valid documents sumbitted to buyer's bank.

Kindly forward the appropriate SPA only with the procedure as stated above to deledare22@hotmail.com

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