Time is of the essence. Buyer receives POP documents by Tuesday February 13, 2018 transaction closed by Friday February 16, 2018
APPROVED PROCEDURES BLCO IN FLOATING FARM TANKS
Seller sends Proof of Products (POP) with ATS (Authorization to Sell) to Buyer. Seller instruct open communications between NNPC Agent and the buyer’s agent.
After verification of the POP and communication with NNPC Agent
the buyer will issue a payment to the seller’s
nominated bank account by MT103/23 for the entire cargo. Crude is moved via pipeline.