BONNY LIGHT CRUDE OIL - CIF , with upfront non operative
ANY SAFE WORLD PORT
Commission: $4.00
Commission Split: $2.00 each to buyer's side and seller's side.
The commission split; and buyer's side is 100 percent opened to your buyer
NOTE: This upfront non operative two percent performance bond offer (before placing instrument), also works for DLC MT700 and block fund MT799
FULL PROCEDURE FOR DELIVERY TO ANY SAFE WORLD PORT
1. Seller issues SPA while the Buyer signs and returns with international passport, company registration certificate, CIS, ATB/NOR/ETA Format and Shipping Agent info. Seller sends his company's registration certificate and international passport
2a. BANKING PROCESS: Buyer s prime Bank issue Pre-Advice via MT799 stating RWA to issue SBLC.
2b. Seller's nominated bank responds and issues NON-OPERATIVE 2% performance bond to buyer's bank.
3 Buyers bank issues genuine SBLC via MT760 for full cargo valid for duration of the contract (366 days) while seller confirms the SBLC and pays 2% as bond to buyer
4. Seller charter & loads exclusive vessels, issues full set of vessel documents to the Buyer in the name of Buyer as the Consignee of record and authorizes Vessel Captain to move vessel to Buyers port of discharge with periodic NOR/ETA to the Buyer and Buyers Discharge Harbor/Tank Agent.
5. At the Buyers discharge port, Buyer clears the vessel and pay port & custom charges while the Captain Issues Authority To Board (ATB) to enable Buyer independent inspectors to perform Q/Q at mutually agreed location.
6. Upon successful conclusion of Q/Q analysis, inspectors release report to both parties while Seller Issue Commercial Invoice to the Buyer with exact Q/Q report figures.
7. Buyer releases full payment for cargo to Seller's nominated bank within 72 hours after inspection against Q/Q Report, Commercial Invoice and original Cargo Documents by MT-103 (cash wire).
8. Seller confirms payment & authorizes Captain to discharge cargo into Buyer s storage tank.
9. Seller pays commission to all agents involved in the transaction per the contract.
10. Seller commence subsequent shipments on simple DIP/CI/PAY basis at Buyer Port of Discharge.
Kindly request for the SPA only if buyer has accepted the full procedure
PROCEDURE: CIF DELIVERY FOR TRANSACTION VIA SWIFT MT700 DLC
GROSS DISCOUNT US$10.00 per Barrel.
NET DISCOUNT TO THE BUYER US$6.00 per Barrel
THE SELLER'S FACILITATORS US$2.00 PER BARREL.
THE BUYER'S FACILITATORS US$2.00 PER BARREL.
TRIAL QUANTITY: 2 MILLION BARRELS.
1. Seller releases his signed SPA.
2. Buyer confirms the SPA and signs and seals the Contract with
banking coordinates and exchanges the signed copy by electronic mail.
The electronic and signed copy by both Parties is considered legally
binding and enforceable and must not be changed.
3. The executed SPA is lodged with their respective banks.
4. Buyer issues DLC via MT700 to Sellers Fiduciary Bank Account with
Sellers agreed Verbiage.
5. Upon receiving Buyer's DLC, Seller's Fiduciary Bank verify and
confirms the DLC.
6. Sellers Fiduciary Bank issues 2% Performance Bond.
7. Seller loads the vessel in Buyers Name and issues full POP bank to
bank basis only and NOR/ETA to buyers shipping agent.
8. Seller authorizes vessel Captain to issue MATB/DTA to Buyers
Inspectors while Buyer clears the vessel and boards Inspectors who
performs timely Q&Q/CIQ analysis/inspection at Buyers expense.
9. Immediately after successful Q&Q analysis, Vessel discharges into
buyer tank farm.
10. Seller releases loaded cargo documents in favor of the Buyer and
hard copy delivered to Buyer.
11. Buyer makes full Payment via Swift MT103 Wire Transfer for total
cargo to Sellerâ??s nominated bank account within 72 hours. Seller shall
pay all commissions to agents and facilitators the same day.
We are NNPCS official allocation holder, offer real CIF or FOB bonny light crude oil direct from NNPC
We sell bonny light crude oil at off OPEC price and we will offer all commission for the buyer side because we are the seller, no any seller side agent
Pls contact me, and I will offer my company BLCO proposal to you (including proof of product and SOP)
Minimum order:2 Million barrel/vessel
WHAT IS BONNY LIGHT CRUDE OIL OR BLCO
Bonny Light Crude Oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of Bonny.
The very low sulfur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and the lower environmental impact of its byproducts in refinery
effluent.
Bonny Light Crude Oil (BLCO) is known for its low sulfur content and high yield of valuable refined products such as gasoline and diesel, BLCO is a preferred choice for refineries worldwide.
The price is based on Platts.
Platts McGraw Hill, London is the organization internationally recognized and accepted who publish official market prices of petroleum products on a daily basis.
We offer high quality petroleum products (including Russian D2 GasOil, Mazut M100, JP54 Jet Fuel, Jet A-1, D6 Virgin Fuel Oil, EN590, LNG,LPG, Cst180, Light Cycle Oil,REBCO etc). PROMMEKS CJSC is an ultimate global sourcing channel for reliable reliable Allocation holders,title holders, refineries and end sellers. We urge you to contact us for purchase of varieties of products as our returns for over ten years has been impressive and our channels continues to grow due referrals by our customers.
Crude Oil:
Bonny Light
REBCO
ESPO (Siberia Pacific Oil)
Basra Light
WTI
Southern Green Cayon Blend
Olmeca Mexican crude
Heavy Crude, etc.
Product Description :
Crude oil is a mixture of hydrocarbons that formed from plants and animals that lived millions of years ago. Crude oil is a fossil fuel, and it exists in liquid form in underground pools or reservoirs, in tiny spaces within sedimentary rocks, and near the surface in tar (or oil) sands
Price of product ( USD price or FOB price) : Price on request
Product origin : Worldwide
Key Specifications/Special Features :
Specifications for types/grades of crude (special grade needed by buyer)
will be issued after received your credible purchase request in the form LOI/ICPO docs.
Minimum Order Size and Packgaing details :
Bulk in tanker vessels.
Tanks 20 MT.
Light Cycle Oil (LCO) is a valuable petroleum product derived from the refining process. It falls between heavy fuel oil and diesel in terms of density and viscosity, making it a versatile component for various applications. LCO is primarily used as a blending agent for diesel fuel, enhancing its quality and performance. Additionally, it serves as a feedstock for petrochemical processes, contributing to the production of lubricants and other high-value products. With its relatively low
sulfur content and efficient combustion properties, LCO plays a significant role in meeting energy demands while adhering to environmental regulations in the
petroleum industry.
For latest pricing Enquiry, Please contact us on our email and contact details
Light Cycle Oil (LCO) is a diesel boiling range product from Fluid Catalytic Cracking Units (FCCUs). FCCU is responsible for the production of petrol, LPG and Light Cycle Oil (LCO). There are various ways of economically upgrading LCO, which include hydrotreating, high pressure hydrocracking for full conversion of LCO into Naphtha and a more optimized partial conversion hydrocracking process. It can be used in susch industries as Agrochemical, Crude Oil, Petrochemicals, Petroleum Products.
