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      You are in ::  Home > Crude > Read
Crude Oil Read
Sell :: 527
Buy :: 154
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Count : 53
SELLER MOVES BLCO FROM TERMINAL WITH BCL FOR Q&Q IN GHANA WATERS 2018-06-14
 


10/7

PURCHASE PROCEDURE:

1. SELLER’S ISSUE PROCEDURE FOR BUYER TO ENDORSE THE PROCEDURE.

2. Seller and buyer sign and seal SPA in PDF file document. Both lodge the SPA with their banks.

3. Return to seller with Super Cargo and Inspector details with photocopy details of S. cargo and inspector detail.

4. Buyer thru is bank write seller bank through bank comfort letter (BCL) or through bank assurance letter (BAL)) .

5. Seller load vessel in the name of the buyer and move to the point of Q & Q And issue ATB to the inspector to come on board take samples from the vessel in Ghana waters. The vessel captain will announce his arrival on buyer's name.

7.Buyer release inspection and supercargo to take sample.

8. Within 72hours after Q and Q buyer will issue MT103 for total cargo to seller account. Commission for agents and facilitators are paid at the same time. bank account. Upon Confirmation of the MT103/23 by Seller’s bank, Seller hand over all ORIGINAL Cargo document to Buyer’s Bank and transfers Title fully to Buyer.

9. Within 24-48 banking hours, Buyer’s bank shall issue instrument of the total cost of the cargo via MT103 in US dollars.

10. Vessel discharges into Buyer storage. Subsequent deliveries and roll over commences






 
 Contact Information
Name   Mr. PETER LAWSON 
Company   Member : LAWSONPETERS CO, LTD 
Email   Log In to See Email 
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Tel   233548768632 
Fax   233302677180 
Mobile   233548768632 
Web   NIL 
IP   154.160.4.70 

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