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 :: 464
Buy :: 117
News :: 17
Count : 110
AGO LAGOS TANKFARM DELIVERY WITH SELLER 1%PB 2018-11-16
 

206 NAIRA PER LITRE

PROCEDURE:

SIGN, SEAL SALES AND PURCHASE AGREEMENT (SPA) WITH FULL BANKING DETAILS AND FORWARD A COPY OF THIS SIGNED SPA CONTRACT TO THEIR RESPECTIVE BANKS. BUYER RETURN SIGNED CONTRACT WITH STORAGE THROUGH PUT AGREEMENT AND NOR FORMAT

BUYERS BANK/FIDUCIARY BANK SHALL ISSUE RWA LETTER FOR BANK GUARANTEE (BG) OF N100MILLION (HUNDRED MILLION NAIRA ONLY) INFAVOUR OF NOMINATED SELLERS FIDUCIARY BANK ACCOUNT,SELLER ISSUES RWA LETTER FOR 1% PB PERFORMANCE BOND; BUYERS BANK ISSUES BG FOR N100MILLION, SELLERS FIDUCIARY BANK RESPOND WITH 1% PB

DELIVERY TO TAKE PLACE WITHIN 7 DAYS UPON RECEIPT AND CONFIRMATION OF BG-LOADING TAKES PLACE, ALL RELEVANT CARGO AND SHIPPING DOCUMENTS FORMALITIES COMPLETED BEFORE VESSEL ISSUES NOR/ETA TO BUYERS AGENT AND HARBOUR MASTER AS SHE SETSAIL TO LAGOS OUT BAR.

UPON ARRIVAL, CLEARANCE IS OBTAINED FOR VESSEL TO PROCEED INTO BUYERS JETTYBY SELLERS SHIPPING AGENT. Q&Q IS CONDUCTED; N100MILLION BG CRYSTALIZES TO CASH AND A BG FOR FULL VALUE LESS N50MILLION IS PLACED BEFORE DISCAHRGE TO TANK FARM COMMENCES

PAYMENT IS MADE TO SELLER AND FACILITATORS BY SWIFT TRANSFER (MT103) BASED ON OUT TURN QUANTITY WITHIN TWO (2) WORKING DAYS AFTER DISCHARGE/PRESENTATION OF ORIGINAL DOCUMENTS
 
 Contact Information
Name   Mr. LIMAN ABBA 
Company   Member : SAFEENA GROUP 
Email   Log In to See Email 
   Inquire Now 
Tel   +2349081237523 
Fax   +2349080000000 
Mobile   +2349081237523 
Web    
IP   107.167.106.33 

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