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      You are in ::  Home > Crude > Read
Crude Oil Read
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Count : 89
I NEED BONNY LIGHT ALREADY IN CHINA 2018-02-14
 
I NEED BONNY LIGHT ALREADY IN CHINA
will sign and close when shown live the oil already there!
not CIF and not on ship! only if is there now!
cash and carry
thanks
Joseph
Expand Trading Inc


-----------------------------------
>> Mr. Joel Anosike, AOG OIL AND GAS

BONNY LIGHT CRUDE OIL (BLCO) CIF OFFER

BONNY LIGHT CRUDE OIL (BLCO) CIF

TERMS AND PROCEDURE

a. SELLER and BUYER sign Sales and Purchase Agreement [SPA]. The SPA must contain the Particulars and Bank details of all the Parties involved in this transaction. All Parties involved are required to provide the signed and sealed copy of this SPA to their respective banks.

b. Seller upon acceptance of buyer’s signed and returned SPA issue EVIDIENCE OF PRODUCT; Buyer will issue OPERATIVE SBLC MT760 as shown of buyer’s capacity to this transaction also to cover the entire cast of product.

c. Within 10 working days of issuance of SBLC by BUYER’s Banks, SELLER shall release Full Information of Lay-can to BUYER. SELLER shall also provide to BUYER Full details of the Vessel Chartered and engaged for the transaction with the Charter Party Agreement (CPA) and Estimates Time of Arrival [ETA] at the Part of Discharge. Failure to do this within the specified time is considered a Nan Performance an the SELLER. Note all the dacs and the programming shall be done in the BUYERs name and is subject to confirmation.

d. Loading takes place as stipulated on Lay-can date and all documentation relating to the Cargo and Shipment completed.
1. a Vessel sails to Port of Discharge.

e. On Vessel arrival at Part of Discharge, with 48 hours of arrival, a Q and Q inspection is conducted to ascertain quality and quantity an-board the Vessel. Once Quality and Quantity are confirmed and certified to be accurate, MT1O3 SWIFT transfer of Fund to Nominated account in this SPA is executed before Cargo is discharged into BUYER’S storage.

f. Discharge of Product into BUYER’s storages commence after receipt confirmation of payments by all Parties.

 
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