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      You are in ::  Home > Crude > Read
Crude Oil Read
Sell :: 12
Buy :: 1
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Count : 239
BLCO AVAILABLE FOR SALE TO ANY PORT $11/7, BLCO ON TTO AND TTT TO WEST AFRICAN WATERS ALSO AVAILABLE IN NAIRA AND DOLLAR DEAL.. 2019-09-05
 
10KMT-100KMT OF BLCO ON TTO (N58/4NET)/TTT (N56/4NET) IN NIGERIA/COTONOU/LOME/GHANA WATERS.BUYER ISSUES BLOCKED FUNDS OF N200M AND SELLER GIVES 2%PB/2% CASH WARRANTY.
PROCEDURE TRANSACTION:
1) BUYER & SELLER SIGN & SEAL THIS CONTRACT INCLUDING BANKING COORDINATES, SUPER CARGO AND INSPECTOR DETAILS, VALID VESSEL DETAILS ALSO WITH THEIR INTERNATIONAL PASSPORT DATA PAGE ID & EXCHANGE THE SIGNED COPIES BY ELECTRONIC MAIL.

2) THE ELECTRONIC SIGNED COPIES BY BOTH PARTIES ARE CONSIDERED LEGALLY ENFORCEABLE AND CANNOT BE CHANGED.

3)BUYER ISSUES N200M (TWO HUNDRED MILLION NAIRA)MT799-BLOCK FUND VIA SWIFT non- cashable (ACCORDING TO SELLER'S VERBIAGE STRICTLY) TO SELLERS BANK TO BANK BASIS (AND SEND COPY TO THE SELLER)STATING THAT AFTER QNQ, BUYER WILL PAY $500,000(FIVE HUNDRED THOUSAND DOLLARS) TO SELLER AS LOGISTICS FOR DOCUMENTATION.

4) SELLER THEN ISSUES 2%PB (OR CASH WARRANTY OF 2% OF THE ISSUED INSTRUMENTS), AGAINST BUYER'S ISSUED BLOCKED FUNDS.

IF ON TTT
5) SELLER IMMEDIATELY GIVE NOR TO BUYER'S VESSEL AND BUYER'S CAPTAIN ACKNOWLEDGE NOR AND THE TWO VESSELS PICK STS..

6) THE TWO VESSELS COME TOGETHER, LONGSIDE AND READY FOR TRANSHIPMENT AND BUYER RELEASES 50% PAYMENT TO SELLER.

7) AT COMPLETION OF TRANSHIPMENT AND CONFIRMATION BY BOTH BUYER AND SELLER, BUYER MAKES FINAL PAYMENT VIA MT103 TO ALL ACCOUNTS IN THE SPA.

IF ON TTO:
5) UPON CONFIRMATION OF ABOVE, SELLER ISSUES NOR/ETA AND MOVES VSL FOR Q&Q IN GHANA WATERS/WEST AFRICAN WATERS.


6) IN GHANA, SELLERS CAPTAIN ISSUES MATB/CLEARANCE TO BUYER'S AGENTS AND INSPECTOR & SELLER BOARDS SUPER CARGO, AND INSPECTOR COLLECTS SAMPLE AND COME DOWN FOR Q&Q.
SUPER CARGO STILL REMAINS ON BOARD.

7) UPON RELEASE OF Q&Q REPORT, BUYER'S BANK, WITHIN 24 HOURS, CREDITS SELLER WITH CASH OF USD$500,000.00 [FIVE HUNDRED THOUSAND DOLLARS ONLY] AS DEDUCTIBLE DOCUMENTATION FEE.

8) SELLER IMMEDIATELY PROCESSES AND ISSUES FULL CARGO DOCS/ POP FOR MT103 PROCESSING. SELLER ALSO ISSUES COMMERCIAL INVOICE FOR VALUE OF THE MEASURED BARRELS AS DETERMINED BY THE Q&Q REPORT.

9) BASED ON THE Q&Q REPORT AND COMMERCIAL INVOICE, BUYERS BANK WOULD WITHIN 3 WORKING DAYS SWIFT MT103 TT-CASH TO THE SELLERS NOMINATED ACCOUNTS FOR ENTIRE LOADED CARGO [LESS TOTAL LOGISTICS PAID]. BUYER ALSO PAYS ALL MANDATES & AGENTS IN THE SPA.

10) SELLER INTRODUCES BUYER TO VESSEL HANDLERS/ OPERATORS FOR RECHATTERING OF VESSEL TO BUYERS PORT OF DISCHARGE.

11) SELLER CONFIRMS FULL PAYMENT AND TENDERS ALL ORIGINAL CARGO DOCUMENTS IN BUYER'S NAME ALONE TO BUYER/ BUYERS BANK. SUPERCARGO DISEMBARK IMMEDIATELY.



















2M-10M BBLS OF BLCO ON CIF TO CHINA/EUROPE (@$11/7NET) AND TTO IN CHINA WATERS ONLY (@$10/6NET).
BUYER GIVES MT799CASH BLOCKED FUNDS/MT700 DLC FOR TOTAL CARGO AND SELLER RESPONDS WITH 2%PB VIA MT760.
TRANSACTION PROCEDURES:
1) Buyer and Seller sign and seal the SALES & PURCHASE AGREEMENT, CIS, and CERTIFICATE OF REGISTRATION. And return. The electronic signed copy by both parties is considered legally binding and enforceable and must not be changed without the written consent of the parties.

2) Buyer's bank gives RWA by email to Seller's bank stating their readiness to give MT799 CASH BLOCKED FUNDS/MT700 DLC on behalf of buyer valid for 366days to Seller's bank.
{Bank must be one of the top prime 50banks in the world}.

3) Seller's bank responds to email RWA confirming their readiness to receive Buyer's bank 366days MT799 CASH BLOCKED FUNDS/MT700 DLC and also states commitment that 2%PB will be given to Buyer's bank.

4) Buyer's bank issues valid MT799 CASH BLOCKED FUNDS/MT700DLC to Seller's bank via swift.

5) Seller's bank validates and issues 2%PB to buyer's bank by swift MT760 SBLC.

6) Buyer provides destination Port /Tank farm Information to Seller. Seller instructs his Ship Master to send NOR/ETA to Buyers Port of discharge.

7) Captain open communication via sat com with buyer's shipping agent, loaded vessel will sail to Buyers discharge Port.

8) Seller authorizes vessel captain to give shipping agents all relevant documents for clearing into the Port.

9) Sellers' Vessel Captain issues Authority to Board(ATB) to enable Buyer's independent inspection to board the loaded vessel for Quality and Quantity(Q&Q) analysis at Buyers discharge port.

10) After confirmation of the QNQ, Seller provides invoice on QQ Report conducted at discharge and issues the complete shipping documents to the Buyers Bank in the Buyers name in exchange for payment to enable the Buyer process the cash payment for the cargo after discharge in the Buyers farm tank.

11) The vessel discharges cargo at agreed Destination Port.

12) Upon complete discharge of cargo, Buyer's bank within 48hrs, pays via wire transfer for the entire cargo to Seller's authorized beneficiary nominated bank accounts & commission agents as stipulated in the IMFPA in this contract, which is based on the total out turned barrels presented in the last Q&Q Inspection in buyers discharge port.

2M-10MBBLS OF BLCO ON TTO CHINA (LOADED VESSELS) WATERS@$10/6NET.*
BUYER ISSUES BG/SBLC/BF OF USD$20M (NON-CASHABLE) THEN SELLER GIVES 2%PB/2%CW (CASH WARRANTY).
TRANSACTION PROCEDURE:
1. Seller issues Sales Purchase Agreement (SPA) Buyer and Seller sign and lodge in their banks. The electronic signed copy of SPA by both parties is considered legally binding and enforceable.

2. Buyers Top 50 global Bank issues an irrevocable divisible transferable & fully cash backed BG/MT799 BLOCKED FUNDS/SBLC USD$20,000,000 to Sellers Bank.


3. Seller's Bank confirms Buyers BG/SBLC/MT799 BLOCKED FUNDS and Seller sends the SHIPPING DOCUMENTS (POP) to Buyers Bank via SWIFT BANK to BANK.





3. Buyers Bank confirm Cargo POP from Sellers Bank. Seller authorize domain Captain to send MNOR/ETA to Buyers Habour Master confirmable by Buyers shipping agency and moves cargo to Buyers POD in China for CIQ...



4. Vessel announce arrival at Buyers destination POD and boards Buyers inspectors and Supercargo for Q&Q/CIQ at agreed Location inside Buyers Port.



5. within 5 working days of arrival at Buyers POD, BUYER MUST PAY FOR TOTAL CARGO via MT103 TT BEFORE DISCHARGE INTO HIS STORAGE. Meaning that ALL clearance into the POD, CIQ & MT103 must be completed within 5 working days of Vessels arrival. Seller will NOT wait more than 72 hours upon arrival before discharge and Payment via MT103 TT

N:B- PLEASE BUYER MUST AGREE THAT AFTER 5 WORKING DAYS OF ARRIVAL AT DESTINATION PORT BUYER MUST PAY FOR TOTAL CARGO WITHOUT DELAY. DELAYS DUE TO PORT AUTHORITIES OR COUNTRY'S REGULATIONS MUST BE BORNE BY BUYER NOT SELLER. THANK YOU

2M-10MBBLS OF BLCO IN NNPC CHINA TANKFARM@$9/5NET.
SELLER GIVES BUYER TANKFARM POP, BUYER VERFIES AND ISSUES EITHER MT760/MT799/MT700DLC. SELLER GIVES 2%PB.



2M-4MBBLS OF BLCO FOR TTO NIGERIA (N60/4NET)/GHANA WATERS($12/8net or N63/4net).
BUYER ISSUES USD$1,000,000/N200M SBLC/BG/BLOCKED FUND AND SELLER PAYS THE BUYER USD$20,000/N4, 000,000 AS CASH WARRANTY OR ISSUES 2%PB VIA SWIFT (AS BUYER PREFERS)
TRANSACTION PROCEDURE (NON-NEGOTIABLE.
1) BUYER SIGNS CONTRACT AND RETURN IT WITH ATB FORMAT, SUPERCARGO AND INSPECTOR DETAILS AND ID. THE ELECTRONICALLY SIGNED DOCUMENTS BEAR THE SAME FORCE AND FUNCTION AS THE ORIGINAL AND IS LEGALLY BINDING.

2) BUYER BANK PRE-ADVICE SELLER'S BANK AND GETS THEIR RESPONSE THAT UPON CONFIRMATION OF SBLC/MT799/BG THEY WILL ISSUE 2% AS CASH WARRANTY/ 2%PB VIA SWIFT OF THE TOTAL INSTRUMENT.

3) BUYER ISSUES SBLC/BG VIA SWIFT MT760 or CASH BLOCKED FUNDS VIA MT799 SWIFT OF USD$1,000,000(ONE MILLION DOLLARS ONLY)/N200, 000,000M (TWO HUNDRED MILLION NAIRA ONLY) FOR 2MBBLS.

4) UPON CONFIRMATION OF THE INSTRUMENT, SELLER PAYS BUYER 2 %( which is USD$20,000/N4, 000,000) AS CASH WARRANTY or ISSUES 2%PB VIA SWIFT AGAINST BUYER'S ISSUED INSTRUMENT.

5) (IF GHANA WATERS) SELLER THEREAFTER INSTRUCTS HIS VESSEL CAPTAIN TO ISSUE MNOR/ETA AND MOVE VEESEL TO GHANA WATERS. UPON ARRIVAL ANNOUNCEMENT IS MADE IN BUYER'S NAME.

6) (IF NIGERIAN WATERS) SELLER IMMEDIATELY ISSUES MATB AND CLEARANCE AND TAKES BUYERS SUPERCARGO & INSPECTOR ON BOARD. 

7) UPON SUCCESSFUL CONFIRMATION OF PRODUCT, RECEIVE OF ATTESTATION. INSPECTOR COMES DOWN WITH SAMPLE. SUPER CARGO REMAINS ON BOARD.

8) UPON RELEASE OF Q&Q REPORT, BUYERS BANK, WITHIN 24 HOURS, CREDITS SELLER WITH CASH OF USD$1,000,000.00 [ONE MILLION DOLLARS ONLY] AS DEDUCTIBLE DOCUMENTATION FEE

9) IMMEDIATELY PROCESSES AND ISSUES FULL CARGO DOCS/ POP FOR MT103 PROCESSING. SELLER ALSO ISSUES COMMERCIAL INVOICE FOR VALUE OF THE MEASURED BARRELS AS DETERMINED BY THE Q&Q REPORT.



10) BASED ON THE Q&Q REPORT AND COMMERCIAL INVOICE, BUYERS BANK WOULD WITHIN 3 WORKING DAYS SWIFT MT103 TT-CASH TO THE SELLER'S NOMINATED ACCOUNTS FOR ENTIRE LOADED CARGO [LESS TOTAL LOGISTICS PAID]. BUYER ALSO PAYS ALL MANDATES & AGENTS IN THE SPA.


11) SELLER INTRODUCES BUYER TO VESSEL HANDLERS/ OPERATORS FOR RECHATTERING OF VESSEL TO BUYERS PORT OF DISCHARGE.


12) SELLER CONFIRMS FULL PAYMENT AND TENDERS ALL ORIGINAL CARGO DOCUMENTS IN BUYER'S NAME ALONE TO BUYER/ BUYERS BANK. SUPERCARGO DISEMBARK IMMEDIATELY.

CALL OR WHATSAPP ME ON +2348086808002.
 
 Contact Information
Name   Mr. ADEREMI SALAKO 
Company   Member : OUTLAY PROPERTY-SAVVY ENTERPRISES 
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