BLCO :
TTO-CIF PROCEDURES FOR 2 MILLION BARRELS [$12 GROSS $8 NET.
Q AND Q : DAKAR HARBOUR SENEGAL,COTONOU WATERS,TOGO BLUE LINE OR GHANA WATERS. NAIRA PRICE IS N83 LESS 3


1. BUYER AND SELLER SIGN CONTRACT (SPA) AND FORWARD COPY TO THEIR RESPECTIVE BANKS. ELECTRONIC SIGNED COPY OF CONTRACT IS CONSIDERED BINDING AND ENFORCEABLE.

2.BUYER SEND A BANK TO BANK REQUEST FOR POP .


3. UPON THE RECEIPT OF POP REQUEST. SELLER BANK WILL RESPOND WITH SELLER ATS,NNPC ALLOCATION,LIFTING RIGHT AND EVIDENCE OF PAST PERFORMANCE.

4. UPON SUCCESSFUL CONFIRMATION OF THE MT 799 POF, FROM THE BUYERS BANK, THE SELLER NOMINATE A VESSEL,LOAD AND MOVE THE FULLY LOADED CARGO TO SENEGAL REFINERY HARBOUR, DAKAR, SENEGAL FOR Q&Q AND DISCHARGE.SELLER. A COPY OF THE MT799 POF SHALL BE FORWARDED BY THE BUYER TO THE SELLER SAME DAY OF THE SWIFT DELIVERY.

5. BUYER GIVES ATB FORMAT TO SELLER I.E. SUPERCARGO DETAILS AND INSPECTORS DETAILS FOR SELLER TO ISSUE MARINE ATB.

6. SELLER ISSUES (MATB) MARINE AUTHORITY TO BOARD

7. SELLER TAKES BUYER SUPERCARGO ONBOARD FOR BUYERS REPRESENTATIVE TO CONFIRM PRODUCT AT THE SAR REFINERY HARBOUR, DAKAR, SENEGAL FOR Q&Q AND DISCHARGE.

8. UPON SUCCESSFUL Q & Q CONFIRMATION OF THE PRODUCT FROM THE BUYER REPRESENTATIVE AT THE REFINERY HARBOUR, DAKAR, SENEGAL, BUYER’S PAYS FOR THE FULL CARGO VIA MT103 SWIFT TO THE SELLER, ALL FACILITATORS, AGENTS, AND BROKERS AS STATED IN CONTRACT


10. SELLER REVERSES VESSEL BACK TO BASE FOR NEXT SHIPMENT.


ALBERT
Eagleexport2010@gmail.com
Tel:08138735089