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      You are in ::  Home > Crude > Read
Crude Oil Read
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Count : 45
CHINA ONSHORE TANK FARM TTM 2018-02-14
 
PLEASE ONLY CONTACT ME IF YOU SPEAKING DIRECTLY WITH THE BUYER OR BUYER'S MANDATE. I WILL NOT TOLERATE TIME WASTERS. OFFER IS ONLY ON FOR LIMITED TIME.

PROCEDURES

CANNOT BE ALTERED OR CHANGED

1. BUYER AND SELLER SIGNS AND SEALS SALES PURCHASE AGREEMENT (SPA) AND EXCHANGES THE SIGNED COPY BY ELECTRONIC MAIL WITHIN 4 DAYS. WITHIN 48 HOURS SELLER GIVES BUYER LETTER OF CONFIRMATION AND ACCEPTANCE. THE ELECTRONIC SIGNED COPY BY BOTH PARTIES IS CONSIDERED LEGALLY BINDING AND ENFORCEABLE AND SHOULD BE LODGED IN BANKS.

2. BUYER ARRANGES FOR SELLER, OR SELLER’S EXECUTIVE, TO GO TO CHINA FOR TABLE TOP MEETING TTM ( DATE, TIME, AND PLACE TO BE AGREED UPON). BUYER ARRANGES AND PAYS FOR VISA, ROUND TRIP AIRLINE TICKET, AND HOTEL STAY FOR SELLER TO GO TO CHINA FOR TTM. ( TARGET DATES MARCH 1, 2018 TO MARCH 15, 2018) OR (BUYER PAYS AFTER THE DOCUMENTS IS VERIFIED AT THE TTM)

3. BUYER AND SELLER CONDUCT TABLE TOP MEETING TTM ( IF MEETING IS AT BUYER’S BANK CONSOLIDATE STEPS 3-5 )

4. BUYER ESCORTS SELLER TO BUYER’S BANK AND SHOWS THE SELLER FUNDS SUFFICIENT TO PURCHASE THE QUANTITY OF BLCO UNDER CONTRACT.

5. SELLER GIVES BUYER DETAILS OF THE STORAGE FACILITY ADEQUATE FOR BUYER TO VERIFY OR DIRECT CONTACT WITH TANK FARM MANAGER FOR VERIFICATION AND AUTHORIZES BUYER TO PERFORM SGS Q&Q TEST. BUYER IMMEDIATELY HAS SGS Q&Q TESTING DONE. CIQ REPORT IS GIVEN TO SELLER AND BUYER ( NO MORE THAN 48 HOURS ).

6. SELLER IMMEDIATELY REGISTERS CARGO DOCS WITH NNPC JOINT VENTURES IN BUYER’S NAME. STORAGE TANK IS LOCKED.

7. BUYER IMMEDIATELY UPON CIQ REPORT ( NO MORE THAN 48 HOURS AFTER SGS Q&Q TEST IS CONDUCTED ) ESCORTS SELLER TO BUYER BANK AND WIRES MONEY MT103 FOR FULL FINAL PAYMENT IN FRONT OF SELLER AND BANK GIVES SELLER WIRE RECEIPT AND BUYER PAYS ALL FACILITATOR / AGENT COMMISSIONS AS IN IMFPA OR IN SPA.

8. SELLER IMMEDIATELY REGISTERS POP AND OBTAINS CERTIFICATE OF OWNERSHIP IN BUYER'S NAME. ALL POP AND OWNERSHIP DOCUMENTS TO BE GIVEN TO BUYER IMMEDIATELY AFTER OBTAINING THEM BANK TO BANK OR TO BE SENT FROM NNPC TO BUYER DIRECTLY.

9. UPON CONFIRMATION OF MT103 FROM BUYER SELLER PAYS ALL FACILITATOR / AGENT COMMISSIONS AS IN IMFPA OR IN SPA.

Whatsapp: +2349091155181
 
 Contact Information
Name   Mr. Gabriel Akinfenw 
Company   Member : Gee-Copdat Engineering Services 
Email   Log In to See Email 
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Tel   +44 7878 386896 
Fax   +44 7878 386896 
Mobile   09091155181 
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IP   81.101.132.24 

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