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BONNY LIGHT CRUDE OIL

BONNY LIGHT CRUDE OIL
Precio:USD$10.00

Descripción

Commodity: BONNY LIGHT CRUDE OIL

Monthly Shipment: 3,000,000 BBL

Contract Quantity: 36,000,000 BBL

Quality: Per Specification Included Delivery: TTO NIGERIA Contract duration: ONE YEAR WITH R & E
Price: USD $10/BBL GROSS $8/BBL NET OF BRENT PRICE

Commission: USD $2.00 – 50/50 TO BUYER & SELLER SIDE

Payment Method: MT103

Inspection: SGS for Quantity and Quality at loading/destination port.







PROCEDURE OF TRANSACTION


1. Buyer Issues ICPO with Full Banking Details.
2. Seller issues FCO.
3. Buyer accepts the FCO.
4. Seller Issues COMMERCIAL INVOICE.
5. Buyer return countersigned COMMERCIAL INVOICE with ATB Formart.
6. Seller / Captain issue Marine ATB to Buyer to board the loaded vessel with clearance and perform Dip Test for Q & Q at 4 Nautical miles offshore Nigeria.
7. (a) Buyer conduct quality and quantity analysis (Q&Q).
(b) Report of the Q&Q sent to buyer and seller.
(c) Seller introduces buyer to vessel handler/owner for re-charter the vessel.
(d) Buyer’s bank makes payment by MT103 for the full cargo as per Commercial Invoice from Seller and pay commission agents at the same time.
(e) Seller hands over to buyer the cargo documents as stated below:
1) CLEAN OCEAN BILL OF LADING, ONE (1) ORIGINAL AND THREE (3) COPIES
2) SELLER’S COMMERCIAL INVOICE, ONE (1) ORIGINAL AND THREE (3) COPIES
3) SGS/SAYBOLT CERTIFICATE OF QUALITY AND QUANTITY, ONE (1) ORIGINAL AND THREE (3) COPIES.
4) CERTIFICATE OF ORIGIN ISSUED BY NNPC, ONE (1) ORIGINAL AND THREE (3) COPIES
5) CERTIFICATE OF AUTHENTICITY ISSUED BY NNPC, ONE (1) ORIGINAL AND THREE (3) COPIES
6) CERTIFICATE OF OWNERSHIP
7) MASTER’S RECEIPT FOR SAMPLES
8) MASTER’S RECEIPT FOR DOCUMENTS
9) CARGO MANIFEST

5. Seller confirms payments and Buyer’s vessel sails to her port of discharge.





STANDARD EXPORT SPECIFICATION NIGERIA BONNY LIGHT CRUDE OIL (NBLCO)

Specific Gravity at 150c, kg/1 ASTMD1298/P 0.8397-0.8498
API at 60 Degrees F ASTM Table 51 34 - 37
Salinity ASTMD 4006/1P 358 4.7P.T.B @ 60 Degrees F
Color Dark Brown
BS & W Content [Vol. %] ASTMD 473/1P 53 0.25 Average
Sulfur %WT ASTMD 0.14% wt
Pour Point Degrees F ASTMD 97/1P.15 40º [F] Degrees F
Water Content: 0.2% Vol. Max
REIB Vapour Pressure: 6.52PSI


Ricardo Ascanio Sánchez

Datos del Vendedor

COMUNICACION INTEGRAL

Miembro Gratis desde 30/08/2011

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