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Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by Arinze212: 8:36pm On Mar 02, 2012 |
forget this business! e no dey work!! i have an uncle that has done it for 8 years or so, always saying forcados this, moq that, loading offloading, offshore e.t.c till date NO SHOW!!! People should find better things to do with their lives, Making big money doesn't come that easy!!! It's all a sham!!! 1 Like |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by tofek4real: 12:10pm On May 30, 2012 |
Hi, am based in warri and currently have dkp, ago and lpg How many quantity do you need and what is their mode of payment? Email me trustehitare@yahoo.com or call :08024766429 |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by harakiri(m): 1:06pm On May 30, 2012 |
I haven't been into oil and gas for very long but i have gathered a lot of disturbing experiences and met all sorts of fraudulent people and time wasters. One major factor that sinks potentially good deals is GREED!!! You will hear a lot of agents complaining about the greed of other agents but when you bring a good deal to them, you will find out that are more greedy than the people they accuse of being greedy. There are a lot of agents who behave as if they have sworn never to seal a single deal in their lives. They desperately look for one useless thing or the other to complain about. If it's not the procedure, then they will make an issue of the commission sharing. They will demand for POP whereas they cannot show POF or even ordinary LOI from their so called buyer. A lot of them begin to act like tin gods when they are in contact with a buyer forgetting that the same buyer is talking to at least a dozen other agents. They will start bring all sorts of rubbish unrealistic procedures that can never work. Funny thing is that the buyer might not even be aware of all these cooked up procedures. Further more, a lot of agents need to get into their thick heads that IT IS ALWAYS A SELLER'S MARKET! There is nobody on earth that will have millions of barrels of BLCO or FLCO and be begging for buyers rather, they are mobbed by buyers and buyer's mandates who travel from far away countries to met them. As i am typing this, there is a buyer's mandate from holland who is currently in the country sourcing for a genuine BLCO seller. I already have a few though. Even he has seen that it is not as easy as that. BLCO is not that easy to get but you will see all these silly so called "mandates" trying to play god and attempting to give "orders" forgetting that other agents are busy hustling to close a deal with his so called buyer. Greed is a very terrible thing! Finally, there are a lot of dumb agents who think oil and gas is about arguing and making a fuss out of every document that comes their way. Let me give an example... Some days ago, i gave out an SPA for 100,000MT LPFO (bank to bank deal transaction) to a so called agent who claimed to have a buyer. Do you know this e-diot sent me an email telling me that he saw that same SPA on one useless website? I know told him that i got the SPA directly from the seller's mandate and even if i am dumb enough to "download" an SPA, who will i return it to after it has been signed? Will i "upload" it back to the internet? Against my better judgement, i gave his phone number to the seller's mandate who is based in Australia. When the mandate called him, he started beating about bush and picked out another thing in the SPA to make an issue of...Guess what he said? He said the seller's mandate banking co-ordinates shows NEW ZEALAND and that his wife is in NZ and he doesn't want his wife to know what he is doing, bla bla bla. The seller's mandate had to explain to him that the bank is NOT in New Zealand inspite of the name and that the bank is an Australian bank!!! Imagine the embarrassment! This thing happened just yesterday. That's to show you the kind of stoopid people that abound in this industry. Nuff said! 2 Likes |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by vayo92: 10:48am On Jun 19, 2012 |
Do you really have a genuine buyer? if yes, then lets work together as i have a direct source for TTT or TTO only. you may reach me @ 08033421698 |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by sammyqjay: 3:13pm On Sep 06, 2012 |
tflow: What an interesting topic.I did it for 3 good year n never made a penil rather I wasted those years,time,money n dreamt of something dat wil never cum true.my only regret is my stupid friend dat introduce it to me.anyone telling u he or she has a product is just startin or introduce to the business.even if u ask a dog on the road in apapa if he has AGO d dog will tell u he ask just to know how stupid n crazy the business is. vayo92: Do you really have a genuine buyer? if yes, then lets work together as i have a direct source for TTT or TTO only. you may reach me @ 08033421698 |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by empowerdex(m): 10:02am On Sep 09, 2012 |
Its obvious from the age of this thread and the various post's I've read, that this biz is a phantom business, with several charlatan's posing as money bag's |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by lucynkem: 11:47pm On Sep 12, 2012 |
I agree with alot of post here, however I must say that I have made some good money from oil and gas products sales and marketing. There are alot of scams but that is mainly because people are not able to weed off time wasters from real sellers and buyer. If you are still inot it, we could discuss, the get you back into track. I am currently based in London but we talk on phone if you send me your email and number. I will give you some tips to help weed off time wasters. BUT YOU MUST BE PREPARED TO BE HONEST. My email is lucynkem@yahoo.co.uk |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by lucynkem: 11:49pm On Sep 12, 2012 |
I agree with alot of posts here, however I must say that I have made some good money from oil and gas products sales and marketing. There are alot of scams but that is mainly because people are not able to weed off time wasters from real sellers and buyer. If you are still in to it, we could discuss, then get you back on track. I am currently based in London but we can talk on phone or via mail, if you send me your email and number. I will give you some tips to help weed off time wasters. BUT YOU MUST BE PREPARED TO BE HONEST. My email is lucynkem@yahoo.co.uk |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by bgberbo: 12:54pm On Sep 13, 2012 |
GideonG: It has been very frustrating, buyers and sellers don't always agree,so the will be wasting your credit and time. hey, u can contact me at bgberbo@yahoo.com when u have a buyer. I have customers who are sellers. wld love to link u guys up-me i am a banker-need the transactions. |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by purityjay: 5:34pm On Sep 27, 2012 |
All it takes is for a ready buyer who has his bucket to give his capt name , gsm no, vssl details and paymasters details for confirmation once that is done, paymaster puts loaders in hotel an d presents the hard copies of his doc then S'C climbs the bucket. Once the liquid is poured and confirmed by the S'C payment is made in cash or bank. This is only for the ready pple and not for pple who will always ask questions. Action! |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by purityjay: 5:40pm On Sep 27, 2012 |
If you want an Official AGO purchase,you must be ready to go into mutual indemnity with seller or no deal. If a seller has product and a buyer has fund to buy then non of the should be scare of putting down an indemnity. once SPA is signed, SCAN copies of chq with clause behind is swapped btw both parties,then at the point of boarding the Mother Vessel, Hard copies are exchanged. Who ever that does not perform upon boarding loses his indemnity to the other. Outside this there is no deal. This is only for the very ready buyers |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by mrwilson(m): 10:33pm On Oct 08, 2012 |
We can meet with your demand any time and any day. We have over 8 million barrels of bonny light, 3 million barrels of forcado, and over 250,000 mt of AGO available. Interested and serious buyers or mandate should contact us and we will close the deal between 72-96 hours. +2348135299348, +2347026850769, resurgentcrude@yahoo.com We await you |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by langsholt: 11:03pm On Oct 08, 2012 |
Interesting discussion. Frauds are everywhere, and business is hard to do everywhere. like what I am doing is hard. I am gathering small and big investors so we togheter can invest on opportunities that can give good income. This can be technology, real estate or other. This is hard because people rarely belive in good projects. Right now I am collecting people that wanna invest in a us company that are developing tools that will produce and extract hydrocarbons (oil) from oilfields that before not were doable. The problem is that i,e crude oil not can be extracted. With this tool the lifespan of the field will be much much longer and crude oil available. They have developed this for years in labtrials and pilottests, They now need fundings to build the actually full sized equipment. If I attract a few big investors or 500 small investors. i do not care, I will manage to collect the fundings and make the dream go through for all of us. If you are interested to know more about this later, please send me a mail with your investment profile. I will later then contact the group with more information that makes it possibile for you to decide doing business or not. My mail: socialprojectsinvest@gmail.com Thank you |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by onasharon(m): 11:12am On Oct 09, 2012 |
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Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by K2: 5:18pm On Oct 11, 2012 |
lucynkem: I agree with alot of post here, however I must say that I have made some good money from oil and gas products sales and marketing. There are alot of scams but that is mainly because people are not able to weed off time wasters from real sellers and buyer. If you are still inot it, we could discuss, the get you back into track. I am currently based in London but we talk on phone if you send me your email and number. I will give you some tips to help weed off time wasters. BUT YOU MUST BE PREPARED TO BE HONEST. My email is lucynkem@yahoo.co.uk I sent you an email but didn't get a response. |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by mrwilson(m): 10:52pm On Oct 11, 2012 |
jesuspikin: yes i made some bucks co coordinating bunker badges for my boss,buyers who are ready to venture into the world of the creek amnesty boys should reach me timelexinterbiz@gmail.com.there is no great wealth without a crime. We can meet with your demand any time and any day. We have over 15 million barrels of bonny light, 3 million barrels of forcado, and over 5000,000 mt of AGO available. Interested and serious buyers or mandate should contact us and we will close the deal between 72-96 hours. +2348135299348, +2347026850769, resurgentcrude@yahoo.com We await you |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by purityjay: 10:31am On Oct 26, 2012 |
CIF PROOF OF PRODUCT MPR REF: DPR/DS/CTO/2018/V.93/088 EXPORT PERMIT LICENCE: EXP.T/26/VOL.11/993 TOTAL QUANTITY APPROVED: 35,500,000 BARRELS PRODUCT: NIGERIAN LIGHT CRUDE OIL 7.1 WORKING PROCEDURES (C.I.F DELIVERY) A. Buyer & Seller sign and seal contract agreement and exchange the signed copies by electronic mail. Buyer provides his port of discharge and NOR details B. Buyer's bank writes to seller's bank requesting for seller’s Proof Of Product and 2% Performance Bond stating their readiness and willingness (RWA) to swift Revolving Documentary letter of credit in favor of seller to seller’s bank upon receipt of the seller’s Proof Of Product and 2% Performance Bond C. Seller's bank responds to buyer's bank with 2% Performance Bond and Proof Of Products D. Buyer's bank swift standby letter of credit for the total cargo (2MBL) in favor of the seller to the seller’s bank. E. Seller nominâtes, Laycans (Programming), Loads and commences movement of vessel to buyers discharge Port and avails buyer of full set of loading documents. F. Seller authorizes Vessel Captain to give Notice of Readiness (N.O.R/ETA) to buyers discharge Harbor/Tank. G. Seller issues Authority to Board (ATB) to enable buyer’s independent inspector’s board for Quality and Quantity (Q&Q) analysis at agreed designated location. H. On successful conclusion of Q&Q analysis, buyer issues SWIFT MT-103 to sellers Bank for confirmation. I. All Original Cargo Documents shall be transferred to Buyer's name. J. Transshipment to buyer's Storage Tank commences. K. Payment for product and commissions is released to seller's nominated bank; 72 hours after transshipment of product by MT-103 (swift transfer) at out turn barrels upon presentation of the transaction documents at buyers bank. TTO Vessel Nominations, Shipment & Procedure FOR 2, 000, 000 BARREL: 16.1 The Buyer and the Seller sign and seal contract with Seller's Full Banking Co-ordinates of their agents. The electronic copy signed and exchanged is considered original and acceptable. 16.2 Both parties lodge the signed and executed contract with their respective Banks. 16.3 The seller’s bank writes the buyer’s bank confirming their Ready, Willing and Able to swift $500, 000 BG upon receipt of $30, 000 PB 16.4 Buyer’s bank respond to seller’s bank confirming their Ready, Willing and Able to swift $500,000, 000 upon receipt of $30, 000 PB 16.5 Seller’s bank issues $30,000 PB in favor of Buyer. 16.6 Buyer’s bank issue $500,000,000 BG in favor of Seller 16.7 Buyer gives Authority To Board (ATB) format and super cargo/inspector passports to Seller. 16.8 Seller nominate and load vessel, the vessel sail to Cotonu waters, issue marine ATB to Buyer’s Supercargoes and Inspection team to board at Ten (10) Nautical Miles Cotonu waters for inspectors to pick samples and disembark while the supercargoes remains on board. 16.9 Within 72 hours of a successful Quality and Quantity report in Cotonu waters, Buyer place BG for the entire cargo while the initial $500,000, 000 BG turns to cash in seller’s account for logistic 16.10 Seller issues shipping documentations to the Buyer 16.11 Buyer makes agreement for payment via bank via MT 103 16.12 Full payment is made against full original shipping documentations at buyer’s bank via MT 103. 16.13 Upon confirmation of full payment for the entire cargo, product is discharged into storage. 16.14 The Seller’s Performance Bond becomes Null and Void upon completion of the transaction. CIF GHANA Vessel Nominations, Shipment & Procedure FOR 1, 000, 000 BARREL: 16.1 The Buyer and the Seller sign and seal contract with Seller's Full Banking Co-ordinates of their agents. The electronic copy signed and exchanged is considered original and acceptable. 16.2 Both parties lodge the signed and executed contract with their respective Banks. 16.3 The seller’s bank writes the buyer’s bank confirming their Ready, Willing and Able to swift N80,000,000 BG upon receipt of N5, 000, 000 PB 16.6 Buyer’s bank respond to seller’s bank confirming their Ready, Willing and Able to swift N80,000,000, 000 upon receipt of N5, 000, 000 PB 16.7 Seller’s bank issues N5,000,000 PB in favor of Buyer. 16.6 Buyer’s bank issue N80,000,000 BG in favor of Seller 16.7 Buyer gives Authority To Board (ATB) format and super cargo/inspector passports to Seller. 16.8 Seller nominate and load vessel, the vessel sail to Ghana waters, issue marine ATB to Buyer’s Supercargoes and Inspection team to board at Ten (10) Nautical Miles Ghana waters for inspectors to pick samples and disembark while the supercargoes remains on board. 16.9 Within 72 hours of a successful Quality and Quantity report, Buyer place BG for the entire cargo while the initial N 80,000, 000 BG turns to cash in seller’s account for logistic 16.10 Seller issues shipping documentations to the Buyer 16.11 Buyer makes agreement for payment via bank via MT 103 16.12 Full payment is made against full original shipping documentations at buyer’s bank via SWIFT. 16.13 Upon confirmation of full payment for the entire cargo, product is discharged into Ghana storage. 16.14 The Seller’s Performance Bond becomes Null and Void upon completion of the transaction. |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by purityjay: 11:14am On Oct 26, 2012 |
CIF PROOF OF PRODUCT MPR REF: DPR/DS/CTO/2018/V.93/088 EXPORT PERMIT LICENCE: EXP.T/26/VOL.11/993 TOTAL QUANTITY APPROVED: 35,500,000 BARRELS PRODUCT: NIGERIAN LIGHT CRUDE OIL 7.1 WORKING PROCEDURES (C.I.F DELIVERY) A. Buyer & Seller sign and seal contract agreement and exchange the signed copies by electronic mail. Buyer provides his port of discharge and NOR details B. Buyer's bank writes to seller's bank requesting for seller’s Proof Of Product and 2% Performance Bond stating their readiness and willingness (RWA) to swift Revolving Documentary letter of credit in favor of seller to seller’s bank upon receipt of the seller’s Proof Of Product and 2% Performance Bond C. Seller's bank responds to buyer's bank with 2% Performance Bond and Proof Of Products D. Buyer's bank swift standby letter of credit for the total cargo (2MBL) in favor of the seller to the seller’s bank. E. Seller nominâtes, Laycans (Programming), Loads and commences movement of vessel to buyers discharge Port and avails buyer of full set of loading documents. F. Seller authorizes Vessel Captain to give Notice of Readiness (N.O.R/ETA) to buyers discharge Harbor/Tank. G. Seller issues Authority to Board (ATB) to enable buyer’s independent inspector’s board for Quality and Quantity (Q&Q) analysis at agreed designated location. H. On successful conclusion of Q&Q analysis, buyer issues SWIFT MT-103 to sellers Bank for confirmation. I. All Original Cargo Documents shall be transferred to Buyer's name. J. Transshipment to buyer's Storage Tank commences. K. Payment for product and commissions is released to seller's nominated bank; 72 hours after transshipment of product by MT-103 (swift transfer) at out turn barrels upon presentation of the transaction documents at buyers bank. TTO Vessel Nominations, Shipment & Procedure FOR 2, 000, 000 BARREL: 16.1 The Buyer and the Seller sign and seal contract with Seller's Full Banking Co-ordinates of their agents. The electronic copy signed and exchanged is considered original and acceptable. 16.2 Both parties lodge the signed and executed contract with their respective Banks. 16.3 The seller’s bank writes the buyer’s bank confirming their Ready, Willing and Able to swift $500, 000 BG upon receipt of $30, 000 PB 16.4 Buyer’s bank respond to seller’s bank confirming their Ready, Willing and Able to swift $500,000, 000 upon receipt of $30, 000 PB 16.5 Seller’s bank issues $30,000 PB in favor of Buyer. 16.6 Buyer’s bank issue $500,000,000 BG in favor of Seller 16.7 Buyer gives Authority To Board (ATB) format and super cargo/inspector passports to Seller. 16.8 Seller nominate and load vessel, the vessel sail to Cotonu waters, issue marine ATB to Buyer’s Supercargoes and Inspection team to board at Ten (10) Nautical Miles Cotonu waters for inspectors to pick samples and disembark while the supercargoes remains on board. 16.9 Within 72 hours of a successful Quality and Quantity report in Cotonu waters, Buyer place BG for the entire cargo while the initial $500,000, 000 BG turns to cash in seller’s account for logistic 16.10 Seller issues shipping documentations to the Buyer 16.11 Buyer makes agreement for payment via bank via MT 103 16.12 Full payment is made against full original shipping documentations at buyer’s bank via MT 103. 16.13 Upon confirmation of full payment for the entire cargo, product is discharged into storage. 16.14 The Seller’s Performance Bond becomes Null and Void upon completion of the transaction. CIF GHANA Vessel Nominations, Shipment & Procedure FOR 1, 000, 000 BARREL: 16.1 The Buyer and the Seller sign and seal contract with Seller's Full Banking Co-ordinates of their agents. The electronic copy signed and exchanged is considered original and acceptable. 16.2 Both parties lodge the signed and executed contract with their respective Banks. 16.3 The seller’s bank writes the buyer’s bank confirming their Ready, Willing and Able to swift N80,000,000 BG upon receipt of N5, 000, 000 PB 16.6 Buyer’s bank respond to seller’s bank confirming their Ready, Willing and Able to swift N80,000,000, 000 upon receipt of N5, 000, 000 PB 16.7 Seller’s bank issues N5,000,000 PB in favor of Buyer. 16.6 Buyer’s bank issue N80,000,000 BG in favor of Seller 16.7 Buyer gives Authority To Board (ATB) format and super cargo/inspector passports to Seller. 16.8 Seller nominate and load vessel, the vessel sail to Ghana waters, issue marine ATB to Buyer’s Supercargoes and Inspection team to board at Ten (10) Nautical Miles Ghana waters for inspectors to pick samples and disembark while the supercargoes remains on board. 16.9 Within 72 hours of a successful Quality and Quantity report, Buyer place BG for the entire cargo while the initial N 80,000, 000 BG turns to cash in seller’s account for logistic 16.10 Seller issues shipping documentations to the Buyer 16.11 Buyer makes agreement for payment via bank via MT 103 16.12 Full payment is made against full original shipping documentations at buyer’s bank via SWIFT. 16.13 Upon confirmation of full payment for the entire cargo, product is discharged into Ghana storage. 16.14 The Seller’s Performance Bond becomes Null and Void upon completion of the transaction. |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by purityjay: 11:18am On Oct 26, 2012 |
FOR BUYERS WHO HAVE THEIR VESSEL READY TO TAKE AGO AND WILL ALLOW SELLER S'C BOARD THEIR VESSEL PLS GET READY FOR A CARGO OF AGO ARRIVING NEXT WEEK. QUANTITY TO BE TAKING AT A TIME MUST NOT BE MORE THAN 15KMT COS OF PAYMENT. INTERESTED BUYERS SHOULD INDICATE( ONLY DIRECT CONTACT IS NEEDED, NO LONG CHAINS OF PPLE ARE NEEDED) THNX |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by durtman: 5:49pm On Aug 10, 2013 |
pls purityjay if u have serious and genuine sellers of BLCO can u pls send the CIF PROCEDURE to this email durtun2000@yahoo.com so as to send to the appropriate quaters as weve got buyers.thanks |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by dondada78(m): 11:36am On Jan 19, 2016 |
But you can lie sha! emmaco24: |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by EngrKem: 4:08pm On Oct 22, 2018 |
Nice |
Re: Share Your Story - Have You Made Money From Nigerian Crude Oil by BestRicePlug28(f): 3:53pm On Jan 02, 2022 |
Is this place still alive |
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