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      You are in ::  Home > AGO/Gasoline > Read
  AGO/Gasoline Oil Read  
Sell :: 767
Buy :: 189
News :: 29
Count : 57
AGO TO TANK FARM DELIVERY TO CALABAR 2019-01-11
 


TANK FARM DELIVERY PROCEDURE

Buyer and Seller sign and seal this contract including banking
co-ordinates and exchange the signed copy by electronic mails. The
electronic signed copy of SPA by both parties is considered legally
binding and enforceable.
Buyer returns the signed SPA with TANKFARM details and NOR format.
Buyer issue contract letter to Seller for AGO delivery.
Sellers Bank shall issue APG to Buyers Bank.
Buyer lien N100 Million in Sellers bank account or BG for the entire cargo.
Seller issue MNOR & move to buyers tankfarm.
Tankfarm Manager acknowledges the MNOR.
Buyer and Seller confirm product at the tankfarm for buyer to
liquidate 50% instrument for the entire cargo.
Buyer makes balance payment of the entire cargo to Seller after Q&Q is
dully conducted as well as payment of all commissions to mandates,
facilitators, agents and consultants involved.


 
 Contact Information
Name   Mr. john Tola 
Company   Member : Lesganasam Sam Nig Ltd 
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