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      You are in ::  Home > AGO/Gasoline > Read
  AGO/Gasoline Oil Read  
Sell :: 276
Buy :: 59
News :: 13
AGO AVAILABLE TANK FARM DELIVERY PROCEDURE 2017-11-14
 
TRANSACTION PROCEDURES

1. BUYER RETURNS SIGNED SPA WITH A VALID TANKFARM DETAILS WHICH INCLUDE; THROUGH-PUT AGREEMENT, NOR/ETA FORMAT, AND PRE-ADVICE THE SELLER FOR 1%PB.(SEE ATTACHED VERBIAGE)

2. SELLER VERIFIES THE TANKFARM DETAILS/THROUGH-PUT AGREEMENT, THE PRE-ADVICE AND ISSUE 1%PB, BUYER RECEIVES 1%PB AND ISSUE BANK GUARRANTY (BG) FOR TOTAL CARGO, SELLER CONFIRM BG AND SEND MARINE NOR/ETA THROUGH HIS CAPTAIN TO BUYER’S TANKFARM.

3. BUYER RECEIVES AND ACKNOWLEDGED THE NOR/ETA THROUGH HIS TANKFARM MANAGER, VERIFIES SEND READINESS TO RECEIVE PRODUCT TO THE SELLER.

4. SELLER MOVE VESSEL TO BUYER’S TANK FARM. TIE UP AND Q&Q IS CARRIED OUT AT BUYERS’S COST, REPORTS IS SENT TO BOTH BUYER AND SELLER. (BUYER CREDIT SELLER’S LOGISTICS ACCOUNT WITH 200M TO SELLER’S ACCOUNT LESS THE TOTAL SUM 200M.

5. BUYER MAKES FULL PAYMENT TO SELLER AND ALL AGENT/FACILITATORS INVOLVED AS PER THE SPA/PAYMENT SCHEDULE WITHIN 24-72HRS.

6. AFTER FULL DISCHARGE OF PRODUCT TO BUYER’S TANKFARM, SELLER SUBMITS COMMERCIAL INVOICE WITH ALL CARGO DOCUMENTATION TO BUYER.
 
 Contact Information
Name   Mr. Joel Anosike 
Company   Member : AOG OIL AND GAS 
Email   Log In to See Email 
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Tel   +234-8173329833 
Fax   +234-8052077974 
Mobile   +234-8173329833 
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IP   169.159.77.246 

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