Dear partners,


Fwd: Kindly Get Us A Seller That will comply with this procedures shown below


THIS IS ONE OF THE BUYER PROCEDURE. BELOW ARE OPTIONS WHICH SELLER MUST MEET.

THIS IS THE TTO PROCEDURE.....SELLER CAN AS WELL FOLLOW THE BELOW OPTIONS.

Yes, we are interested in purchasing cargoes of BLCO, in TTO delivery basis.


Product: Bonny Light Crude Oil (or other Nigerian light crude oil like Forcados or Qua Iboe), NNPC standard export specifications.
Quantity: One Cargo of 500,000 bbls, 1 or 2 million bbls per month, at seller's choice.
Term: Twelve months, with possible rolls & extensions.
Delivery: Tanker Take Over (TTO).
Discount: $11/7 pbbl, 3 days average under Brent Platts.
Payment: By irrevocable and transferable, Documentary Letter of Credit.

TTO PROCEDURES:

1) Seller sends signed / sealed contract attaching a BCL, bank reference letter or account balance to show seller has the capability to issue a 2% PB bank guarantee for 0.5, 1 or 2 million bbls of BLCO cargo, at seller's choice.

2) Within two (2) banking days, Buyer countersigns / seals the contract and also issues to Seller a recent Financial Support Letter; This FSL confirms the buyer’s company financial support to buy 4 million bbls of light crude, per month.

3) Within two (2) bank working days, the Seller's Bank issues by SWIFT to the Buyer's Bank an operative but “not-on-demand” 2% PB; Initial validity: 7 banking days.

4) Within two (2) banking days, the buyer's bank issues an operative, irrevocable, transferable Documentary Letter of Credit for purchasing a quantity of bbls of BLCO matching the seller's 2% PB.

5) Upon Seller’s receipt of the buyer's bank DLC the Seller will load the cargo, Seller issues Marine ATB, and Buyer's inspection team goes on board to perform the Q&Q.

6) Seller issues the complete shipping documents to the buyer in the buyer’s name, to enable the buyer to take over the vessel by chartering it through the vessel's shipping agent company.


7) Within two (2) banking days, upon presentation of the shipping documents by seller's bank to buyer's bank, full payment is made via SWIFT by buyer's bank to seller and to all the intermediaries involved, then vessel sails to buyer's discharging port.

Our buyer's company already has purchased crude oil and we can prove it, it has currently refinery processing agreement and we can prove it as well as financial support to buy up to 4 million bbls per month and, we can prove it also.








Alternatively,



Otherwise, our buyer already knows the sellers can't issue a 2% PB, so they have an alternative procedures which are much more affordable:

TTO PROCEDURES:

1) Seller sends signed / sealed contract attaching a BCL or account balance to show seller has the capability to issue a $200,000 PB.

2) Within two (2) banking days, Buyer countersigns / seals the contract and also issues to Seller a recent Financial Support Letter; This FSL confirms the buyer’s company financial support to buy 4 million bbls of light crude, per month.

3a) Within two (2) bank working days, the Seller's Bank to the Buyer's Bank an operative but not “on-demand” $200,000 PB.

3b) The seller sends to buyer a free, written vessel nomination for the TTO; This nominated vessel (of any size at seller's choice, from 500,000 bbls) it should accomplish the 2 following conditions:

- That the vessel is located at Nigerian coast at the time of its nomination by the seller, and,
- That it's available for voyage chartering to transport light crude oil to ASWP, with a time frame of at least 3 days.

NOTES:

i) The $200k PB not on demand bank guarantee or stand-by L/C it can have an initial validity of just 5 banking days (more than enough time for the buyer's bank issuing the operative L/C).

ii) The buyer shall confirm that the nominated vessel accomplishes the two above conditions of step 3b) through any reputed maritime intelligence agency, like Lloyds or Clarksons; On this concern, the buyer will provide the respective intel reports to seller.

iii) The vessel master shall confirm in written the availability for chartering such vessel for the said 3 days time frame; It will be verified by fax and/or email requests sent to the vessel master via Inmarsat Fleet-broadband VPN Secure Communication, or similar transmission to the contact info / call-sign as per the Q88 of the vessel.

4) Within two (2) banking days, the buyer's bank issues an operative, irrevocable, transferable Documentary Letter of Credit for purchasing a quantity of bbls of BLCO matching the size of the seller's vessel nomination.

5) Upon Seller’s receipt of the buyer's bank DLC the Seller will load the cargo, Seller issues Marine ATB, and Buyer's inspection team goes on board to perform the Q&Q.

6) Seller issues the complete shipping documents to the Buyer in the Buyer’s name, to enable the Buyer to take over the vessel by chartering it through the vessel's shipping agent company.

7) Within two (2) banking days, upon presentation of the shipping documents by Seller's bank to Buyer's bank, full payment is made via SWIFT by Buyer's bank to Seller and to all the intermediaries involved, then vessel sails to Buyer's discharging port.



To make it still safer and cheaper to issue the PB, the buyer accepts the PB to be not-on-demand bg and further with an initial conditional validity of just 5 banking days or even a few banking hours (just the time for the buyer's bank to respond with the operative L/C).

We are speaking of that to issue such $200k PB it may cost to seller about $400 or less!


PROCURE 2 FROM ANOTHER BUYER.

2MBRLS BLCO TTT PURCHASE PROCEDURE:
Procedures:
1. Seller and Buyer Sign and seal Sales & Purchase Contract
Agreement (S.P.A) with full banking details.
2. Sellers bank shall contact buyers bank (in writing via bank to
bank email or post), to confirm the Seller’s bank readiness to
place OPERATIVE 2%Pb or Minimum of #50,000,000 Performance Bond in favour of the Buyer
upon receipt Confirmation/Verification Letter of Funds from the buyer’s bank to place OPERATIVE
Confirmable, Irrevocable, and Transferable Bank Guarantee (BG) for the entire cargo in the sellers’ bank (To also include payment for all
commission to beneficiaries listed in this contract) to cover the cost
of supplying 280,000MT (2,000,000BBL) of BONNY Light Crude Oil to
buyer.
3. Upon successful receipt and confirmation of the seller’s bank
letter of undertaking at the Buyer’s bank, the Buyer’s bank shall
also Write to Seller’s bank for the Buyer’s readiness and Capability to Place a OPERATIVE Confirmable, Irrevocable, Discountable and Transferable Bank Guarantee (BG) as valued above to
sellers’bank for the 280,000mt Blco Upon receiving/Confirming Seller’s 2%Pb or Minimum of N50m Bond.
4. In not more than 3 banking days upon receipt and confirmation
of 3 above, the seller through the seller’s bank shall posts the
OPERATIVE 2%Pb or #50,000,000 Performance Bond, Upon Con firmation of the Bond,BUYER’S Bank Place Confirmable, Irrevocable, and Transferable Full Bank Guarantee (BG)
OPERATIVE AND ACTIVATE.
5. Upon confirmation of activation of the BG by the Seller
Performance Bond from buyer’s bank, the buyer shall provide Valid
CPA, Q88, ATL and Charter Invoice/ receipt of the receiving vessel to
enable seller confirm existence and location of vessel. The Buyer
shall also provide details of formats for Authority to board (ATB)
detailing the supercargo and inspector details and Notice of Readiness
(NOR)/ETA details.
6. Upon confirmation of the validity of the receiving vessel
details, the Seller’s nominated loaded vessel with 2 million barrels
(280,000 metric tons) of Bonny Light Crude Oil issues marine NOR/ETA
(EMAIL/TELEX) NOR to buyer’s nominated vessel.
7. The two captains open communication and both vessels sails to
agreed Ship-to-Ship (STS) location.
8. The seller’s captains issues marine ATB to buyer’s nominated
inspector and supercargo to board for Q/Q.
9. The two ships long side, tie and the Q/Q inspection takes
place on loaded vessel before transshipment is authorized. Buyer will
instruct his Inspection Agents to board subject loaded vessel to
conduct an independent report on the loaded cargo Quality and
Quantity. A copy of this report shall be forwarded to both Buyer and
Seller (including their banks) simultaneously.
10. Transshipment is done from seller’s vessel to buyer’s vessel.
11. Seller’s Commercial Invoice (computed in line with out-turned
barrels according to SGS Report) plus all listed and relevant shipping
documents are then tendered at buyer’s Bank to effect payment within
48 hours or TWO banking days as per the signed contract (S.P.A).
PENALTY:
THE ABOVE STATED PROCEDURE FOR THIS CONTRACT SHALL HEREBY ACCOMPANY A STRICT PENALTY: SHOULD ANY EITHER THE SELLER OR THE BUYER FAILS TO COMPLY WITHIN 72 HOURS (WORKING DAY) AFTER SIGNING THIS CONTRACT WILL BE ENTITLTED TO PAY TO THE OTHER PARTY THE SUM OF 20,000,000 NAIRA (TWENTY MILLION NAIRA) ONLY


CIF PROCEDURE
1. SIGNING OF CONTRACT/SPA EXCHANGED OF SIGNED CONTRACT

2. SELLER ISSUES A VERIFIABLE PROOF OF PRODUCT CONSISTING OF THE FOLLOWING:
(A) POP –(EXPORT LICENCE ₦, BULK ALLOCATION ₦ ETC
(B) CPA - CHARTER PARTY NOMINATED VESSEL
(C) LAYCAN ARRANGEMENT WITH LOADING PORT (BONNY TERMINAL)

Seller nominated vessel, issues laycan, and gives to the buyer ship name, call letters,
and captain’s name, Q88 and a copy of the ASPATANKVOY charter party to buyer for his
acceptance .

3. Buyer verify (A) Nomination and CPA with shipping company/technical operator to be sure the vessel is booked for the contract.(B) Buyer verifies BLCO availability with NNPC officials at the loading terminal (C) Buyer verifies LAYCAN with the loading port and confirms acceptance of nominated vessel in writing to the seller or request a substitute.
4. Buyer proceeds to establish the operative DOC. Letter of credit in favour of seller renewable on a load by load basis.
5. Vessel proceeds for loading, after loaded all standard CIF shipping document + warranty of title(WOT),+ Certificate of ownership(COO) are issued to the buyer, ETA is issued, vessel sail to buyer discharge port.
6. At discharge port, master of vessel tenders NOR and commence discharge
7. Upon arrival at buyers port, Q&Q is performed, based on outturn barells, shipping documents are collated for payment within 3 banking days. Buyers pay for the crude oil and all commissions as per contract terms.








Reply to:

Reply to Charles Boamah

Send


please find a procedure on tto/cif only for serious sellers. this is non negotiable and if you are serious call me on 08135057064 or email me on tonyashiedu2006@yahoo.com, tonyashiedu2006@gmail.com

TO WHOM IT MAY CONCERN!!
2(TWO) MILLION TONS OF BONNY LIGHT CRUDE OIL FOR SALE. CONTACT ME ON valonyia@yahoo.com IF INTRESTED WITH AN OPTIMISTIC VIEW. THANK YOU FOR YOUR POSITIVE CONSIDERATION.

160,000,000 barrels BLCO for sale contact me pls