₦airaland Forum

We have a plot of land at shimawa close to redeem new headquarters for #1,500,000.00

Title documents : receipts and survey plan.


2. A plot of land with foundation also at shimawa . Price is #3,500,000.00. Title document is deed of assignment and survey plan

Contact : +2348135057064 or +2348023361135

Regards,


Tony Ashiedu

We have 25 acres of land for sale for agriculture close to a stream. Each acre is #150,000 per acre.

Contact: +2348135057064 or +2348123361135.

Regards,


Tony Ashiedu

Dear Friends,
We have a plot of land for sale at lekki

Title : Deed Of Assignment.

Asking Price : =N= 25 MILLION NAIRA.

Contact phone : 08135057064

Name : Tony

Dear friends,
please see if you can meet up with this demand.


For Procurement:
At present we have D2(specification attached) enquiry if you have resources Spot 25,000MT and further 100,000MT monthly we are interested.


For Sale:

We have EURO 2M(Specification attached) 100,000MT for sale origin FOB Malaysia at Price Platt MOPS Minus 10(Net) and if you have serious buyers kindly share with us.

contact: Tony

phone number :08135057064

thank you

Please go through this procedure and contact me if your seller will adhere strictly to this procedure.
Buyer is ready to pick product if available. contact me on 08135057064 and 08170060644.

CIF OPERATION PROCEDURE:

1) SELLER SUBMITS SIGNED AND SEALED SALES AND PURCHASE AGREEMENT (SPA) TO BUYER.

2) BUYER SIGNS/SEALS THE SPA AND RETURNS. BOTH PARTIES DEPOSIT THE SIGNED SPA WITH THEIR RESPECTIVE BANKS.

3) BUYER SHALL SEND MT799 (PROOF OF FUND) TO SELLER’S NOMINATED BANK ACCOUNT BY SWIFT.

4) AFTER DUE CONFIRMATION OF POF BY SWIFT, SELLER LOADS HIS VESSEL AND PROVIDES BUYER WITH COMPLETE VESSEL DOCUMENTS FOR VERIFICATION.

5) WITHIN 72 HOURS OF VERIFICATION OF VESSEL BUYER’S BANK SHALL PLACE A NON-OPERATIVE DLC (DOCUMENTARY LETTER OF CREDIT) COVERING THE CARGO

6) SELLER’S BANK RELEASES 2% PERFORMANCE BOND TO ACTIVATE THE BUYER’S BANK INSTRUMENT (THE DLC).

7) SELLER AUTHORIZES MASTER OF HIS LOADED VESSEL TO ISSUE MARINE NOR TO BUYER’S DISCHARGE PORT FACILITY/RECEIVING VESSEL (THIS NOR SHALL LEGALLY COMMIT THE VESSEL AND THE CARGO TO THE BUYER). DISCHARGE PORT MANAGER OR VESSEL MASTER SHALL, AFTER DUE CONFIRMATION OF THE ISSUED NOR ACKNOWLEDGE AND CONFIRM READINESS TO RECEIVE CARGO ON BEHALF OF THE BUYER. HE SHALL DO SO IN WRITING AND FORWARD TO SELLER’S CAPTAIN AND THE SELLER BY EMAIL.

UPON ARRIVAL AT PORT OF DISCHARGE AND WITHIN 24 HOURS, BUYER’S INSPECTORS SHALL CARRY OUT Q&Q CERTIFICATION OF THE CARGO, ON THE SELLER’S VESSEL BEFORE DISCHARGE INTO BUYER’S RECEIVING FACILITY. INSPECTORS SHALL ISSUE REPORT ACCEPTABLE TO BOTH PARTIES IN ACCORDANCE WITH INTERNATIONAL STANDARDS.

9) AFTER SATISFACTORY Q&Q REPORT IS RELEASED TO BOTH PARTIES, MASTER OF LOADED VESSEL SHALL COMMENCE DISCHARGE INTO BUYER’S READY AND WAITING RECEIVING FACILITY.

10) BUYER MUST ENSURE THAT ALL SUPPORT EQUIPMENT AND MACHINERY NECESSARY FOR THE DISCHARGE OPERATION IS AVAILABLE READY AND FUNCTIONAL WITHIN 24 HRS AFTER ARRIVAL. FURTHER DELAY ATTRACTS PAYMENT OF USD$70,000:00 PER DAY AS COVER FOR DEMURRAGE AND SHALL SUBSIST FOR 7 DAYS.

11) UPON COMPLETE DISCHARGE OF CARGO, BUYER’S BANK SHALL RELEASE ALL PAYMENTS BY SWIFT TELEGRAPHIC TRANSFER TO THE SELLER AND ALL BENEFICIARIES.

Discount : 10/6 or 9/5

CONDITION SELLER MUST MEET.

1. SELLER MUST INCLUDE POP DETAIL IN SPA FOR BUYERS CONFIRMATION IN LOYDS IN LONDON

2. SELLER MUST PRODUCE DOCUMENTS ON RIGHT TO ALLOCATION AND AUTHORITY TO SELL FROM NNPC WHEN CONTRACT IS SIGNED TO BUYERS BANK


Thanks

Dear serious seller/mandate,

please find below my buyers procedure and please do not contact me when you cannot meet up with the procedure.

my contact email is abiatharoilandgas@yahoo.com,abiatharoilandgas@gmail.com and my phone number is 08135057064 or 08132309906.


CIF OPERATION PROCEDURE:

1) SELLER SUBMITS SIGNED AND SEALED SALES AND PURCHASE AGREEMENT (SPA) TO BUYER.

2) BUYER SIGNS/SEALS THE SPA AND RETURNS. BOTH PARTIES DEPOSIT THE SIGNED SPA WITH THEIR RESPECTIVE BANKS.

3) BUYER SHALL SEND MT799 (PROOF OF FUND) TO SELLER’S NOMINATED BANK ACCOUNT BY SWIFT.

4) AFTER DUE CONFIRMATION OF POF BY SWIFT, SELLER LOADS HIS VESSEL AND PROVIDES BUYER WITH COMPLETE VESSEL
DOCUMENTS FOR VERIFICATION.

5) WITHIN 72 HOURS OF VERIFICATION OF VESSEL BUYER’S BANK SHALL PLACE A NON-OPERATIVE DLC (DOCUMENTARY LETTER OF
CREDIT) COVERING THE CARGO

6) SELLER’S BANK RELEASES 2% PERFORMANCE BOND TO ACTIVATE THE BUYER’S BANK INSTRUMENT (THE DLC).

7) SELLER AUTHORIZES MASTER OF HIS LOADED VESSEL TO ISSUE MARINE NOR TO BUYER’S DISCHARGE PORT FACILITY/RECEIVING
VESSEL (THIS NOR SHALL LEGALLY COMMIT THE VESSEL AND THE CARGO TO THE BUYER). DISCHARGE PORT MANAGER OR VESSEL
MASTER SHALL, AFTER DUE CONFIRMATION OF THE ISSUED NOR ACKNOWLEDGE AND CONFIRM READINESS TO RECEIVE CARGO ON
BEHALF OF THE BUYER. HE SHALL DO SO IN WRITING AND FORWARD TO SELLER’S CAPTAIN AND THE SELLER BY EMAIL.

UPON ARRIVAL AT PORT OF DISCHARGE AND WITHIN 24 HOURS, BUYER’S INSPECTORS SHALL CARRY OUT Q&Q CERTIFICATION OF
THE CARGO, ON THE SELLER’S VESSEL BEFORE DISCHARGE INTO BUYER’S RECEIVING FACILITY. INSPECTORS SHALL ISSUE
REPORT ACCEPTABLE TO BOTH PARTIES IN ACCORDANCE WITH INTERNATIONAL STANDARDS.

9) AFTER SATISFACTORY Q&Q REPORT IS RELEASED TO BOTH PARTIES, MASTER OF LOADED VESSEL SHALL COMMENCE DISCHARGE
INTO BUYER’S READY AND WAITING RECEIVING FACILITY.

10) BUYER MUST ENSURE THAT ALL SUPPORT EQUIPMENT AND MACHINERY NECESSARY FOR THE DISCHARGE OPERATION IS AVAILABLE
READY AND FUNCTIONAL WITHIN 24 HRS AFTER ARRIVAL. FURTHER DELAY ATTRACTS PAYMENT OF USD$70,000:00 PER DAY AS
COVER FOR DEMURRAGE AND SHALL SUBSIST FOR 7 DAYS.

11) UPON COMPLETE DISCHARGE OF CARGO, BUYER’S BANK SHALL RELEASE ALL PAYMENTS BY SWIFT TELEGRAPHIC TRANSFER TO THE
SELLER AND ALL BENEFICIARIES.

Discount : 10/6 or 9/5

CONDITION SELLER MUST MEET.

1. SELLER MUST INCLUDE POP DETAIL IN SPA FOR BUYERS CONFIRMATION IN LOYDS IN LONDON

2. SELLER MUST PRODUCE DOCUMENTS ON RIGHT TO ALLOCATION AND AUTHORITY TO SELL FROM NNPC WHEN CONTRACT IS SIGNED
TO BUYERS BANK

Dear genuine seller,

if truelly you have a genuine product on BLCO for sale, then be rest assured that the buyer is willing and able to take 10 million barell a month. see buyer's procedure below.

You can contact me on tonyashiedu2006@yahoo.com, tonyashiedu2006@gmail.com or 08135057064

Do not bother to contact me if you do not have a genuine product.

The Procedure from my buyer
(buyer is one of the top 5 Crude refiners in the world)

PROCEDURE 1.
1) Seller provides endorsed contract, incorporating the agreed requirements .

2) Buyer signs contract and returns with countersign from major buyer, including a binding ascertation letter that mandates buyer to pay for crude if seller brings to agreed upon destination or face penalties.

3) Seller and Buyer agree on the NOR which will accompany the shipping documents. (the NOR exchange between the Vessel’s Captain, Port, and Terminal should provide both sides mutual validation).

4) Vessels captain sends NOR which will generate a response from the Harbor Master and the Team Terminal Master which will confirm readiness to receive for the benefit of BP Oil International, Account of CK Corporation.

5) Vessels Captain receives confirming response, advises Seller, and Seller okays CIF Departure.

6) Buyer executes payment upon confirmation of CIF delivery by presentation of final inspection report, after discharge, and receipt of cargo by receiving vessel or facility."


PROCEDURE 2.

1. The Seller provides a copy of the current Charter Party Agreement and Q88,
which needs to be verifiable in their name on the Shell Screen and through the
NNPC-once verified, the seller and buyer sign and lodge their respective contracts. (Also previous performance bonds the seller has placed with a reputable bank in previous deals will go a long way in establishing legitimacy of the seller)
2. The Buyer will then post an LC through JPMorgan Chase
3. The money will be placed in a Trust account held by JPMorgan Chase until delivery
4. Upon delivery the trust money is release to the seller

these are the basic procedures-if the seller will do them they will buy from him all the time-otherwise they are not interested

side note--this buyer has a record with the NNPC as a past performer as well as other industry notables


PROCEDURE 3. (Russia/Europe)

1. CONTRACT

2. POP BANK TO BANK

3. SBLC and PB 2% simultaneously

4. DELIVERY, SGS

5. PAYMENT




Thank you.

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

PLEASE CONTACT ABAYOMI ADESOTE ON 08023361135.

Dear genuine sellers of bonny light crude oil on TTO basis. please find procedure of genuine buyer or no deal. contact mr tony on 08135057064 or email me on tonyashiedu2006@yahoo.com. see procedure 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.

Below I send you our buyer's company main terms and procedures:

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!

dear customer, our quantity to purchase starts from 2 million barrel and my email is tonyashiedu2006@yahoo.com

If you are a genuine seller of bonny light crude oil. see a genuine buyer procedure to deal with if ok with you.my name is tony ashiedu. my contact phone is 08135057064,

PROCEDURE FOR CIF

1.) SELLER SUBMIT SIGNED AND SEALED SALES AND PURCHASE AGREEMENT (SPA) TO BUYER.

2.) BUYER SIGNS/SEALS THE SPA AND RETURNS. BOTH PARTIES DEPOSIT THE SIGNED SPA WITH THEIR RESPECTIVE BANKS.

3.) BUYER SHALL SEND MT199 OR MT799 PROOF OF FUNDS TO SELLER’S NOMINATED BANK ACCOUNT BY SWIFT.

4.) AFTER DUE CONFIRMATION OF POF BY SWIFT, SELLER LOADS HIS VESSEL AND PROVIDES BUYER WITH COMPLETE VESSEL DOCUMENTS FOR VERIFICATION.

5.) WITHIN 72 HOURS OF VERIFICATION OF VESSEL BUYER’S BANK SHALL PLACE A NON-OPERATIVE DLC (DOCUMENTARY LETTER OF CREDIT) COVERING THE CARGO

6.) SELLER’S BANK RELEASES 2% PERFORMANCE BOND TO ACTIVATE THE BUYER’S BANK INSTRUMENT (THE DLC).

7.) SELLER AUTHORIZES MASTER OF HIS LOADED VESSEL TO ISSUE MARINE NOR TO BUYER’S DISCHARGE PORT FACILITY/RECEIVING VESSEL (THIS NOR SHALL LEGALLY COMMIT THE VESSEL AND THE CARGO TO THE BUYER). DISCHARGE PORT MANAGER OR VESSEL MASTER SHALL, AFTER DUE CONFIRMATION OF THE ISSUED NOR ACKNOWLEDGE AND CONFIRM READINESS TO RECEIVE CARGO ON BEHALF OF THE BUYER. HE SHALL DO SO IN WRITING AND FORWARD TO SELLER’S CAPTAIN AND THE SELLER BY EMAIL.

8.) UPON ARRIVAL AT PORT OF DISCHARGE AND WITHIN 24 HOURS, BUYER’S INSPECTORS SHALL CARRY OUT Q&Q CERTIFICATION OF THE CARGO, ON THE SELLER’S VESSEL BEFORE DISCHARGE INTO BUYER’S RECEIVING FACILITY. INSPECTORS SHALL ISSUE REPORT ACCEPTABLE TO BOTH PARTIES IN ACCORDANCE WITH INTERNATIONAL STANDARDS.

9.) AFTER SATISFACTORY Q&Q REPORT IS RELEASED TO BOTH PARTIES, MASTER OF LOADED VESSEL SHALL COMMENCE DISCHARGE INTO BUYER’S READY AND WAITING RECEIVING FACILITY.

10.) BUYER MUST ENSURE THAT ALL SUPPORT EQUIPMENT AND MACHINERY NECESSARY FOR THE DISCHARGE OPERATION IS AVAILABLE READY AND FUNCTIONAL WITHIN 24 HRS AFTER ARRIVAL. FURTHER DELAY ATTRACTS PAYMENT OF USD$70,000:00 PER DAY AS COVER FOR DEMURRAGE AND SHALL SUBSIST FOR 7 DAYS.

11.) UPON COMPLETE DISCHARGE OF CARGO, BUYER’S BANK SHALL RELEASE ALL PAYMENTS BY SWIFT TELEGRAPHIC TRANSFER TO THE SELLER AND ALL BENEFICIARIES.

If you are a genuine seller of bonny light crude oil. see a genuine buyer procedure to deal with if ok with you.my name is tony ashiedu. my contact phone is 08135057064,

PROCEDURE FOR CIF

1.) SELLER SUBMIT SIGNED AND SEALED SALES AND PURCHASE AGREEMENT (SPA) TO BUYER.

2.) BUYER SIGNS/SEALS THE SPA AND RETURNS. BOTH PARTIES DEPOSIT THE SIGNED SPA WITH THEIR RESPECTIVE BANKS.

3.) BUYER SHALL SEND MT199 OR MT799 PROOF OF FUNDS TO SELLER’S NOMINATED BANK ACCOUNT BY SWIFT.

4.) AFTER DUE CONFIRMATION OF POF BY SWIFT, SELLER LOADS HIS VESSEL AND PROVIDES BUYER WITH COMPLETE VESSEL DOCUMENTS FOR VERIFICATION.

5.) WITHIN 72 HOURS OF VERIFICATION OF VESSEL BUYER’S BANK SHALL PLACE A NON-OPERATIVE DLC (DOCUMENTARY LETTER OF CREDIT) COVERING THE CARGO

6.) SELLER’S BANK RELEASES 2% PERFORMANCE BOND TO ACTIVATE THE BUYER’S BANK INSTRUMENT (THE DLC).

7.) SELLER AUTHORIZES MASTER OF HIS LOADED VESSEL TO ISSUE MARINE NOR TO BUYER’S DISCHARGE PORT FACILITY/RECEIVING VESSEL (THIS NOR SHALL LEGALLY COMMIT THE VESSEL AND THE CARGO TO THE BUYER). DISCHARGE PORT MANAGER OR VESSEL MASTER SHALL, AFTER DUE CONFIRMATION OF THE ISSUED NOR ACKNOWLEDGE AND CONFIRM READINESS TO RECEIVE CARGO ON BEHALF OF THE BUYER. HE SHALL DO SO IN WRITING AND FORWARD TO SELLER’S CAPTAIN AND THE SELLER BY EMAIL.

8.) UPON ARRIVAL AT PORT OF DISCHARGE AND WITHIN 24 HOURS, BUYER’S INSPECTORS SHALL CARRY OUT Q&Q CERTIFICATION OF THE CARGO, ON THE SELLER’S VESSEL BEFORE DISCHARGE INTO BUYER’S RECEIVING FACILITY. INSPECTORS SHALL ISSUE REPORT ACCEPTABLE TO BOTH PARTIES IN ACCORDANCE WITH INTERNATIONAL STANDARDS.

9.) AFTER SATISFACTORY Q&Q REPORT IS RELEASED TO BOTH PARTIES, MASTER OF LOADED VESSEL SHALL COMMENCE DISCHARGE INTO BUYER’S READY AND WAITING RECEIVING FACILITY.

10.) BUYER MUST ENSURE THAT ALL SUPPORT EQUIPMENT AND MACHINERY NECESSARY FOR THE DISCHARGE OPERATION IS AVAILABLE READY AND FUNCTIONAL WITHIN 24 HRS AFTER ARRIVAL. FURTHER DELAY ATTRACTS PAYMENT OF USD$70,000:00 PER DAY AS COVER FOR DEMURRAGE AND SHALL SUBSIST FOR 7 DAYS.

11.) UPON COMPLETE DISCHARGE OF CARGO, BUYER’S BANK SHALL RELEASE ALL PAYMENTS BY SWIFT TELEGRAPHIC TRANSFER TO THE SELLER AND ALL BENEFICIARIES.