Home
:: ID  
:: Password  
   
  Free Registration
  Forget ID/Password ?
Crude Oil Bid
Jet Fuel Bid
Fuel Oil Bid
AGO/Gasoline Bid
Crude Oil
Bunker Oil
Fuel Oil
AGO/Gasoline 
Aviation Fuel
L P G
L N G/N G
Base Oil/Lubricants
Bitumen/Cement
Chemicals
Coal/Coke
Metals
Agri/Grains
Equipment/Plants
Project Finance
Virtual Currency
Shipping & Storage
Black List/Forum
Job Center
Event Center
Member List
Glossary
      You are in ::  Home > AGO/Gasoline > Read
  AGO/Gasoline Oil Read  
Sell :: 200
Buy :: 72
News :: 6
Count : 29
AGO TFD FOR LAGOS/PH/CALABAR WITH 1%PB UPFRONT 2018-06-13
 
PAYMENT / BANKING PROCEDURES- DELIVERY TO LAGOS/PH/CALABAR TANK FARM. #165 LESS 2 

1. Seller issues SPA and Buyer signs and return with acceptance Letter along with Tank Farm details and NOR FORMAT, and the tank farm manager's phone number. 

2.      Buyers Bank writes to Sellers Bank on readiness to issues an Irrevocable Bank Guarantee to Sellers nominated account upon receipt of a 1% Performance Bond 

3. Seller confirms Buyers Bank letter and issues a 1% Performance Bond to the Buyers Bank 

4.  Buyers Bank confirms 1% Performance Bond and issues an Irrevocable Bank Guarantee for the total product 

5. Seller confirms BG and issue marine NOR, bunkers and moves the vessel to buyer's tank farm.  

6. Vessel arrives tank farm anchorage, and captain issues Marine ATB to invite buyer's inspectors for confirmation and Q & Q analysis. 

7. Upon Q & Q buyer discharges product into Buyer's Tanks. 

8. Upon completion of Discharge, Buyer pays the cost of the entire cargo to seller, agent and facilitators simultaneously, according to agreed terms on the Bank Guarantee. 

CONTACT US FOR MORE DETAILS ON 08038433289
 
 Contact Information
Name   Mr. Jonathan Aguveso 
Company   Member : Vorax Ventures 
Email   Log In to See Email 
   Inquire Now 
Tel   +2348038433289 
Fax   +2348038433289 
Mobile   +2347082866791 
Web    
IP   197.211.63.157 

  : 
  back to top
 Copyright © 2004 - 2018 PETROFINDER All rights reserved. :: Term of Use | Privacy Policy |