Can you work with this CIF PROCEDURE?

BUYER AND SELLER EXECUTE AND SEAL THIS AGREEMENT, AND EXCHANGE A FACSMILE (EDT) COPY BY FAX OR ELECTRONIC MAIL. THE ELECTRONICALLY TRANSMITTED COPY, SIGNED BY BOTH PARTIES IN COUNTERPARTS, SHALL BE COSIDERED LEGALLY BINDING AND ENFORCEABLE. THESE SIGED LECTRONNNICOPES SHALL BE LODGED WITH THEIR RESPECTIVE BANKS.

WITHIN 5 (FIVE) BANKING DAYS SELLER BANK SHALL ISSUE VIA BANK EMAIL A REQUEST FOR A SWIFT FROM THE BUYER’S BANK ASSURING THAT UPON RECEIPT OF THE SELLER’S TWO PERCENT (2%) PERFORMANCE BOD GUARANTEE, THE BUYER SHALL ISSUE THEIR IRREVOCABLE, REVOLVING, TRANSFERABLE, DOCUMENTARY LETTER OF CREDIT IN RETURN (VERBIAGE TO BE AGREED BY BOTH PARTIES)


UPON THE SELLER’S SATISFACTION OF THE BUYER’S BANK ASSURANCE AND RWA CONFIRMATION, THE SELLER WILL PROMPTLY CAUSE A PRIME BANK TO OPEN A TWO PERCENT (2%) PERFROMANCE GUARANTEE IN FAVOUR OF THE BUYER’S BANK (VERBIAGE TO BE AGREED BETWEEN THE SELLER’S BANK AND THE BUYER’S BANK)

WITHIN FIVE (5) BANKING DAYS OF THE TRANSMISSION OF THE PERFORMANCE BOND, THE BUYER SHALL CAUSE ITS BANK TO ISSUE TO THE SELLER’S BANK AN IRREVOCABLE, REVOLVING, RANSFERRLE DOCUMENTARY LETTER OF CREDIT (VERBIAGE TO BE SUPPLIED BY THE SELLER’S BANK) ISSUED THRO A PRIME TOP 25 BANK IN THE UNITED STATES OF AMERICA OR WESTERN EUROPE IN FAVOUR OF THE SELLER’S BANK OR A ADVISED.


THE BUYER SHALL CAUSE ITS BANKTO PROMPTLY RETURN TO THE SELLER’S BANK THE PERFROMANCE BOND IF:
THE DOCUMENTARY LETTER OF CREDIT IS NOT ISSUED IN FAVOUR OF THE SELLER WITHIN TEN (10) BANKING DAYS OF T RECOF TH PRFORMANCE BOND BY THE BUYER’S BANK, OR
IF THE DOCUMENTARY LETTER OF CREDIT IS NOT RE-INSTATED BY THE BUYER’S BANK WITHIN TEN (10) BANKING DAYS AFTER THE BUYER’S BANK SHALL HAVE REMITTED TO THE SELLER’S BANK THE AMOUNT PAYABLE FOR CARGO SHIPPED IMMIEDIATELY PRECEDING THE SHIPMENT IN RESPECT OF WHICH THE DOCUMENTARY LETTER OF CREDIT IS TO BE RE-INSTATED.

SELLER SHALL CAUSE BUYER TO CANCEL AND OR TERMINATE THIS CONTRACT AND OR DOCUMENTARY LETTER OF CREDIT IF:
SELLER FAILS TO HONOUR ITS CONTRACTUAL OBLIGATION OF THIS CONTRACT
SELLER HAS NOT FULFILLED EQUIREMENT STIPULATED IN THE DOCUMENTARY LETTER OF CREDIT
BUYER’S BANK WILL THEN AFFECT THE PERFORMANCE BOND CAUSE AS PENALTY FOR NON-PERFORMACE IF SELLER HAS NOT RESPONDED ACCORDINGLY WITH MATTER ARISING FROM CARRYING OUT THIS CONTRACT

WITHIN TWENTY (20) BANKING DAYS UPON AUTHENTICATION OF THE BUYER’S DOCUMENTARY LETTER OF CREDIT, LOADING SHALL COMMENCE IN ACCORDANCE WITH CONTRACT AND NNPC LIFTING PROGRAM.

BANKING COSTS WILL BE FOR THE ACCOUNT OF EACH PARTIES


SHOULD ANY DOCUMENT TO THE LETTER OF CREDIT BE REQUESTED, ONCE THE SAME HAS ALREADY BEEN ISSUED. THE PARTY REQUESTING THE CHANGE WILL BE RESPONSIBLE FOR THE PAYMENT OF THE RELATED COSTS.

SELLER RELEASES CPA, INSPECTION REPORT AT LOADING AND ALL LOADING VESSEL DOCUMENTATION TO THE BUYER DIRECTLY VIA EMAIL AND DHL OR COURIER SERVICE


BUYER PROVIDES COMPLETE DETAILS OF THEIR POD/SHIPPING AGENTS FOR NOR

CAPTAIN ISSUES NOR AND ETA TO BUYER’S POD/SHIPPING AGENTS


UPON ARRIVAL AT BUYER’S POD WATERS, BUYER GIVES PERMISSION FOR VESSEL TO ENTER THE PORT FOR DISCHARGE AND DISCHARGE CARGO


contact me bolaji101@yahoo.com with docs to be verified thanks...

For serious buyers :Blco Imilion brls each.TTO or TTT in different vsls,location: lagos waters. 9blw. 5/4 sharing 4mat. Procudure. Baya send info of s.cargo and insperctors/boat info to sela. Sela give Confirmable marine A.t.b. Baya s/c gets onboard verify product bfore placing instrument. URGENT PLS. Call 08024766429

ATTENTION: ONLY SELLERS MANDATE OR AGENT (MEANING SELLERS SIDE IS NOT CLOSED), NO LONG CHAIN CONNECTION TO SELLER. THANKS IN ADVANCE..

PRICE: USD 8.00 Gross $7.00 Net to the Buyer DTD off Brent
DELIVERY: CIF
DESTINATION: NETHERLANDS
QUANTITY: Total Purchase (4,000,000 M BBL) FOUR MILLION BARRELS NIGERIAN LIGHT CRUDE OIL x 12 MONTHS in 2 separate single shipments of 2 million barrels each. Each single shipment should be considered as single spot purchase/delivery. Buyer should issue separate DLC for each single shipment of 2 million barrels and therein under DLC will be reinstated for all subsequent shipments of 2 million barrels until the end of the contract life.
a. The above mentioned transaction involving the purchase of 4,000,000 BARRELS (2 x 2 million barrels) per Month of NIGERIAN LIGHT CRUDE OIL for 1 YEAR with possible rollovers and extensions.

PROCEDURE: CIF

A. BUYER AND SELLER SIGN AND SEAL THIS CONTRACT INCLUDING BANKING COORDINATES AND EXCHANGE THE SIGNED COPY BY ELECTRONIC MAIL. THE ELECTRONIC SIGNED COPY BY BOTH PARTIES IS CONSIDERED LEGALLY BINDING AND ENFORCEABLE AND MUST NOT BE CHANGED. THE EXECUTED SPA IS LODGED IN THEIR RESPECTIVE BANKS.

B. SELLER SENDS NNPC LETTER OF AUTHORITY TO DRAW DOWN ON BULK EQUITY ALLOCATION FOR PROOF OF SUPPLY PURPOSES. BUYER BANK ISSUES PRE-ADVICE/RWA BY SWIFT MESSAGE TO SELLERS BANK AS PROOF OF FUNDS

C. SELLER SENDS PROOF OF PRODUCT DOCUMENTS TO THE BUYER VIA EMAIL, BILL OF LADING, MASTER’S RECEIPT, Q&Q CERT AND THE DISCHARGE CERTIFICATE FOR THE LOADED VESSEL AND OTHER RELATED DOCUMENTS. THE CONSIGNEE ON ALL PROOF OF PRODUCTS DOCUMENTS MUST MATCH SELLER’S NAME ON THIS SALES PURCHASE AGREEMENT.

D. UPON VERIFICATION OF THE PROOF OF PRODUCT DOCUMENTS, VERIFICATION OF CARGO AND VESSEL POSITION DIRECTLY WITH THE LOCAL AGENCY, VESSEL CAPTAIN, BUYER PLACES DLC , FOR THE VALUE OF EACH SPOT SINGLE SHIPMENT (2 MILLION BARRELS) AND WILL REINSTATE DLC FOR ALL SUBSEQUENT SINGLE SHIPMENTS TILL THE CONTRACT LIFE BECOMES EXHAUSTED.

E. SELLER INSTRUCTS THE VESSEL CAPTAIN COMPLETE SECURITY FORM AND RETURN TO SHIPPING AGENT/HABOUR MASTER, ISSUE ETA AND PROCEED TO THE DELIVERY PORT (INTENDED HALIFAX EAST COAST OF CANADA OR HOUSTON U.S GULF) FOR DELIVERY OF THE CARGO.

F. THE VESSEL IS OFF LOADED INTO THE BUYER’S SHORE TANKS AND INSPECTED BY SGS (OR EQUIVALENT) TO DETERMINE THE FINAL COMMERCIAL INVOICE VALUE AND TO CONFIRM THE CARGO’S QUALITY. IF CARGO SPECIFICATIONS ARE THE SAME AS THE CARGOS’S SPECIFICATION FROM THE Q&Q INSPECTION AT THE LOADING PORT, BUYER IMMEDIATELY ACCEPTS AND SIGNS THE SGS REPORT AT THE DELIVERY PORT AND SENDS A COPY TO THE SELLER.

G. WITHIN 5 DAYS OF VERIFICATION OF THE SGS REPORT AT THE DELIVERY PORT, BUYER PAYS FOR THE CARGO VIA SWIFT MT103 /CASH WIRE IN FAVOR OF THE SELLER’S ACCOUNT. SELLER TRANSFERS/ENDORSES TITLE AND ALL RELEVANT DOCUMENTS TO BUYER.

H. THE NEXT SHIPMENT COMMENCES.



REGARDS,

TEMI
email me at kyngsigma@gmail.com
bb pin: 25AAD6C4
CELL: +1-215-792-4138

ATTENTION: ONLY SELLERS MANDATE OR AGENT (MEANING SELLERS SIDE IS NOT CLOSED), NO LONG CHAIN CONNECTION TO SELLER. THANKS IN ADVANCE..

PRICE: USD 8.00 Gross $7.00 Net to the Buyer DTD off Brent
DELIVERY: CIF
DESTINATION: NETHERLANDS
QUANTITY: Total Purchase (4,000,000 M BBL) FOUR MILLION BARRELS NIGERIAN LIGHT CRUDE OIL x 12 MONTHS in 2 separate single shipments of 2 million barrels each. Each single shipment should be considered as single spot purchase/delivery. Buyer should issue separate DLC for each single shipment of 2 million barrels and therein under DLC will be reinstated for all subsequent shipments of 2 million barrels until the end of the contract life.
a. The above mentioned transaction involving the purchase of 4,000,000 BARRELS (2 x 2 million barrels) per Month of NIGERIAN LIGHT CRUDE OIL for 1 YEAR with possible rollovers and extensions.

PROCEDURE: CIF

A. BUYER AND SELLER SIGN AND SEAL THIS CONTRACT INCLUDING BANKING COORDINATES AND EXCHANGE THE SIGNED COPY BY ELECTRONIC MAIL. THE ELECTRONIC SIGNED COPY BY BOTH PARTIES IS CONSIDERED LEGALLY BINDING AND ENFORCEABLE AND MUST NOT BE CHANGED. THE EXECUTED SPA IS LODGED IN THEIR RESPECTIVE BANKS.

B. SELLER SENDS NNPC LETTER OF AUTHORITY TO DRAW DOWN ON BULK EQUITY ALLOCATION FOR PROOF OF SUPPLY PURPOSES. BUYER BANK ISSUES PRE-ADVICE/RWA BY SWIFT MESSAGE TO SELLERS BANK AS PROOF OF FUNDS

C. SELLER SENDS PROOF OF PRODUCT DOCUMENTS TO THE BUYER VIA EMAIL, BILL OF LADING, MASTER’S RECEIPT, Q&Q CERT AND THE DISCHARGE CERTIFICATE FOR THE LOADED VESSEL AND OTHER RELATED DOCUMENTS. THE CONSIGNEE ON ALL PROOF OF PRODUCTS DOCUMENTS MUST MATCH SELLER’S NAME ON THIS SALES PURCHASE AGREEMENT.

D. UPON VERIFICATION OF THE PROOF OF PRODUCT DOCUMENTS, VERIFICATION OF CARGO AND VESSEL POSITION DIRECTLY WITH THE LOCAL AGENCY, VESSEL CAPTAIN, BUYER PLACES DLC , FOR THE VALUE OF EACH SPOT SINGLE SHIPMENT (2 MILLION BARRELS) AND WILL REINSTATE DLC FOR ALL SUBSEQUENT SINGLE SHIPMENTS TILL THE CONTRACT LIFE BECOMES EXHAUSTED.

E. SELLER INSTRUCTS THE VESSEL CAPTAIN COMPLETE SECURITY FORM AND RETURN TO SHIPPING AGENT/HABOUR MASTER, ISSUE ETA AND PROCEED TO THE DELIVERY PORT (INTENDED HALIFAX EAST COAST OF CANADA OR HOUSTON U.S GULF) FOR DELIVERY OF THE CARGO.

F. THE VESSEL IS OFF LOADED INTO THE BUYER’S SHORE TANKS AND INSPECTED BY SGS (OR EQUIVALENT) TO DETERMINE THE FINAL COMMERCIAL INVOICE VALUE AND TO CONFIRM THE CARGO’S QUALITY. IF CARGO SPECIFICATIONS ARE THE SAME AS THE CARGOS’S SPECIFICATION FROM THE Q&Q INSPECTION AT THE LOADING PORT, BUYER IMMEDIATELY ACCEPTS AND SIGNS THE SGS REPORT AT THE DELIVERY PORT AND SENDS A COPY TO THE SELLER.

G. WITHIN 5 DAYS OF VERIFICATION OF THE SGS REPORT AT THE DELIVERY PORT, BUYER PAYS FOR THE CARGO VIA SWIFT MT103 /CASH WIRE IN FAVOR OF THE SELLER’S ACCOUNT. SELLER TRANSFERS/ENDORSES TITLE AND ALL RELEVANT DOCUMENTS TO BUYER.

H. THE NEXT SHIPMENT COMMENCES.



REGARDS,

TEMI
email me at kyngsigma@gmail.com
bb pin: 25AAD6C4
CELL: +1-215-792-4138

kyngtut: UPDATE FROM BUYER TO ABOVE CIF POST (4-10 MILLION BARRELS - DESTINATION IS NETHERLANDS)

SELLER IS WILLING TO DO A BANK TO BANK CONFIRMATION IN PLACE OF MT799 BEFORE SELLER SENDS POP TO BUYER. SELLERS BANK TO INITIATE COMMUNICATION (ELECTRONIC/EMAIL OR APPLICABLE MEDIUM) TO BUYERS BANK AND BUYERS BANK WILL REPLY TO SELLERS BANK WITH CONFIRMATION LETTER WHICH WILL BACK UP THEIR CLIENT (BUYER) OF CAPABILITY TO BUY QUANTITY IN SPA AND BANK IS SATISFIED WITH THE PROCEDURE TERMS ETC (STATED IN THE ABOVE POST FROM ME). THIS WILL REPLACE A MT799. THIS IS JUST TO LET BOTH BANKS FEEL A LITTLE COMFORTABLE.

AFTER THIS,

B. SELLER SENDS PROOF OF PRODUCT DOCUMENTS TO THE BUYER VIA EMAIL, BILL OF LADING, MASTER’S RECEIPT, Q&Q CERT AND THE DISCHARGE CERTIFICATE FOR THE LOADED VESSEL AND OTHER RELATED DOCUMENTS. THE CONSIGNEE ON ALL PROOF OF PRODUCTS DOCUMENTS MUST MATCH SELLER’S NAME ON THIS SALES PURCHASE AGREEMENT.
C.UPON VERIFICATION OF THE PROOF OF PRODUCT DOCUMENTS, VERIFICATION OF CARGO AND VESSEL POSITION DIRECTLY WITH THE LOCAL AGENCY, VESSEL CAPTAIN, BUYER PLACES DLC , FOR THE VALUE OF EACH SPOT SINGLE SHIPMENT (2 MILLION BARRELS) AND WILL REINSTATE DLC FOR ALL SUBSEQUENT SINGLE SHIPMENTS TILL THE CONTRACT LIFE BECOMES EXHAUSTED.
D. SELLER INSTRUCTS THE VESSEL CAPTAIN COMPLETE SECURITY FORM AND RETURN TO SHIPPING AGENT/HABOUR MASTER, ISSUE ETA AND PROCEED TO THE DELIVERY PORT (INTENDED HALIFAX EAST COAST OF CANADA OR HOUSTON U.S GULF) FOR DELIVERY OF THE CARGO.

My seller has 1 million barrels of BLOC for 12 months. mail meon dcazubuike@ymail.com

If you can work with this procedure, then we are in business.

NNPC / SAN-MARINO LIFTING PROCEDURE OF ANY BRAND OF CRUDE OIL

SAN-MARINO IS OUR FINANCIER ACCEPTED TO NNPC CO-OPERATION INTERM OF LIFTING PROCESS.


I. Buyer and Seller sign and seal this Contract including banking coordinates and exchange the signed copy by electronic mail. The electronic signed copy by both Parties is considersed legally binding and enforceable.

Buyer’s bank sends Proof of Funds(POF) on bank-to-bank swift. MT799 to seller bank, Seller’s bank confirms with MT999 by swift to buyer bank, buyer bank respond back with MT760 to seller bank Confirmation of buyer’s blocked funds for the actual transaction revolving.

II. Seller, ie NNPC, upon receipt of signed contract from Buyer, within (7) banking days issues the confirmable POP and PROVISIONAL LIFTING RIGHT and NOMINATED VESSEL details in Buyer’s name for one way voyage charter to Buyer’s port of destination.

III. Buyer, upon reciept and confirmation of paragraph II above, within three (3) banking days, issues confirmed, irrevocable, transferable and revolving operative Letter of Credit (LC) for at least two million barrels in favour of Seller with validity to cover 21 banking days. The LC must come from a top US/European/world bank.

IV. Within seven (7) banking days of III above, Seller furnishes Buyer with CPA & Q88 and the following documents are provided to Buyer and/or Buyer’s bank:
*1 Clean – on – Board Ocean Bill of Lading
*2 Certificate of Quantity (SGS or equivalent)
*3 Certificate of Analyses (optional)
*4 Certificate of Origin
*5 Certificate of Quality
*6 Seller’s Commercial Invoice
*7 Vessel Ullage Report {optional}
*8 Receipt of Samples (optional)
*9 Cargo Manifest
V. After the vessel has discharged its cargo at Buyer’s designated port outlined above and Buyer has received the Port Discharge Q & Q Report from SGS Inspectors, including all relevant documents presented by the Seller after the time of cargo delivery as required by the LC, Buyer must make payment by KTT Wire Transfer to Seller’s Bank Account for this transaction and to all Payees named herein.

VI. Payments are made by Swift Wire Transfer directly to the Seller’s bank accounts and all parties as stipulated in this agreement within three (3) international banking days after product delivery and discharge at Buyer’s nominated port of discharge against presentation of stated shipping documents (non-negotiable copies) at Buyer’s bank.

VII. The signatures on this contract by the Buyer and by Seller mean both parties accept all the contents as for Quantity, Price and Procedures

Buyer have to send the acceptance of this procedure attach with the company profile and (LOI) letter of intent.

NOTE:We can also give 2% performans bond to a serious genue buyer who seriously wanted it to kick start its operation.

Thanks.
Mr Jaye
08089728944

Pure NNPC AGO for sale at Tank Farm Lagos Depot - N144-1, Tank farm delivery in Lagos - N130+2, Calabar/Eket - N132+2. TTT(Marine - offbar) - N122+2. Lacasera Tank Farm Depot Lagos - N126-2. We can supply any quantity. BLCO also avalaible N82/BBL on TTT basis and $7/BBL on CIF. Call 08063383055

HenryAkponeware: Pure NNPC AGO for sale at Tank Farm Lagos Depot - N144-1, Tank farm delivery in Lagos - N130+2, Calabar/Eket - N132+2. TTT(Marine - offbar) - N122+2. Lacasera Tank Farm Depot Lagos - N126-2. We can supply any quantity. BLCO also avalaible N82/BBL on TTT basis and $7/BBL on CIF. Call 08063383055

Do you have LPFO? And how much?