Nigeria Bonny Light Crude Oil ... With it's low Sulphur content, it is easily the best crude oil in the world today and highly sought after. We can deliver 8 Million Barrels every month. Attractive discount on offer.
Price: Based on the Loaded Quantity, Standard Barrels and
Under Dated Brent as in the Platts Oil Gram Report.
PAYMENT TERMS: STAND BY LETTER OF CREDIT (SBLC MT760) TT/ MT 103
DISCOUNT: YES.
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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.
CIF PROCEDURE:
BRENT PLATT DISCOUNT: US$8.00 Gross: US$4.00 Net: BELOW BRENT PLATT PRICE. US$4.00 Commission [US$2.00 for Buyer Agents & US$2.00 for Seller Agents - Closed]
Buyer sends Letter of Intent [LOI] addressed to the Seller. Seller and Buyer sign and seal Sales/Purchase Agreement and copies sent to both parties bankers, the electronically signed copy considered legally binding and enforceable in international arbitration laws.
Buyer's Corresponding bank via MT199 Pre-advice Seller's financier's bank and states its readiness, willingness and ability to swift an operative MT760 SBLC to seller's bank. Also request the seller's bank to confirm to it via MT199 its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to it.
Seller's bank shall confirm via MT199 Pre-advice to Buyer's bank its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to Buyer's bank.
Buyer's Bank shall swift an operative MT760 SBLC for total cargo to Seller financier's bank in Seller financier's acceptable Verbiage
Quantity
Bonny light crude oil (BLCO) 2 000,000 barrels (Two million barrels) +/-10% X at Sellers Option;
X 12MONTH ,Shipped in one vessel per LOT .
Minimum quantity of 1 million barrels.
SPECIFICGRAVITY: 0.8459
API AT 60 DEG.F: Min 33.0 - Max 37.00 +/- 5%(ASTM D-1298)
WATER CONTENT BY DISTILLATION: 0.2%(ASTM D-4006)
POUR POINT DEGREES: BELOW 40 (ASTM D-97
SULFUR WEIGHT%: 0.14 (ASTM D-139)
SALT CONTENT PARTS PER BILLION: (ASTM D-526)
REID VAPOR PRESSURE (P.S.I.G.): 6.52 (ASTM D-529)
KINEMATIC VISCOSITY @ 30 DEG.: 2.2(ASTM D-523)
DISTILLATION INITIAL BOILINGpoint (IBP): 35 DEG.C (ASTM D-86)
DISTILL TO 175 DEG.C VOL.%: 35.5
DISTILL TO 250 DEG. C VOL.%: 51.5
DISTILL TO 300 DEG. C VOL%:60.5
COLOUR: Dark Brown
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.
