BLCO. CIF TO QINGDAO, RIZHAO OR ANY PORT OF DISCHARGE.
Jackson Nsiegbunam
Managing Director at Negloresource Oil and Gas, a subsidiary of Jay Unit Limited. An Investor, and a Business Consultant
1)Buyer and Seller sign and seal the CONTRACT AGREEMENT (THE SPA) including banking coordinates. 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)Seller to release Authorized to Sell (ATS) copy and NNPC’s Letter to Buyer.
3)Within two (2) banking days, Buyer’s bank shall SWIFT MT199 (see Appendix B) to Seller’s nominated bank according to Seller’s verbiage.
4)Within two (2) banking days, Seller’s bank issue tank storage receipt (TSR) and dip test authorization (DTA) to Buyer to conduct dip testing in the onshore tank farm.
5)Upon successful Dip Test analysis and issuing of Q&Q results to the Buyer and Seller, Seller issues final invoice to Buyer for payment of cargo and within three (3) banking days then Buyer place MT103/TT and obtains warranty of title in Buyer's name to the value of products paid for.
6)Final payment is made to Seller’s nominated account, and at the same time Buyer shall pay to Seller as per the contract (Seller as Paymaster shall then pay fees to agents and consultants etc. listed in the contract accordingly).
7)Buyer to evacuate products from the tank farm.
PRICE:To be based on NNPC Standard Price,Net Discount of US$1.00 per barrel to Buyer. CIF TO QINGDAO, RIZHAO OR ANY PORT OF DISCHARGE. Seller to pay Buyer’s Mandate and Seller Facilitator US$1.00 per barrel(shared 50/50)
Kindly inbox me for BLCO Qingdao offer. Thanks?
Owner, Checks Trade
7 年We seek sellers' of BLCO offers in China tank farm . Buyer seek any quantity as long as it satisfy the procedure as below. Please confirm with this procedure onto your SPA to close the deal fast. If China onshore tank farm, simply copy and paste on SPA following procedure and revert to close the deal 1. Buyer issue ICPO and addressed to: The President Federal Republic Of Nigeria. ATTENTION: GMD NNPC, ABUJA,NIGERIA. ICPO. 2. Buyer and Seller sign and seal the Sales and Purchase agreement (SPA) with full banking information. The electronic signed copy is considered legally binding on both parties. Both parties deposit copy with their respective banks. 双方签约. 3. Buyer’s bank shall within days post a BANK COMFORT LETTER/RWA BY SWIFT via MT199 or MT799 to Seller's bank stating Buyer’s capability to issue MT103 for the cargo after satisfactory result of Test Q&Q. MT199/MT799 BCL/RWA MT103 4. Upon receipt and confirmation of the Buyer’s BCL/RWA (without disclaimer), Seller will authorize the buyer to do the Test Q&Q at buyer’s tank . 5. After satisfactory result of Test , the buyer will issue MT103 for final payment. Note: No Long Chain and am on seller side. mail me your SPA/POP to; [email protected] Regards 08093413796 OJ.JOHNSON