NIGERIA CRUDE OIL
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Country Of Origin: Nigeria
Listing Type: Sell
Brand Name: Bonny light crude oil
Terms Of Sale: Fob
Terms Of Payment: L/C
Minimum Order Quantity: 1MILLION
Lead Time: 2 WEEKS
Certifications: BY LLOYDS
Supply Capacity: 2 MILLION/MONTH
SPOT SALE OF NIGERIA BONNY LIGHT CRUDE OIL QTY: 2 MILLION BARRELS/MONTH FOR 12 MONTHS PRICE: BASED ON BRENT PLATT (3 DAYS AVERAGE) DISCOUNT: 5% GROSS, US$3 NET TO BUYER
COMMISSION: $2/BBL TO BE SHARED 50/50 BETWEEN BUYER AND SELLER AGENT
A) Payment By irrevocable, transferable, divisible and assignable standby letter of credit .
B) An additional amount of $275.000 to be paid by buyer covering: Vessel programming fees, registration fees, reassignment fees, legal fees, etc. This payment to be included in the letter of credit.
Delivery: FOB AT NNPC Bonny Terminal Loading on-out turn basis to the buyer's vessels
Payment Instrument: 2% PB, TO BE GIVEN TO BUYER ON RECEIPT OF PRE-ADVICED SLC
LIFTING DATE: JULY on export license no, bulk terminal license no, bull allocation no, and cargo authority no. (to be given in due cause to serious confirmed buyer for confirmation by LLOYDS)
Interested, serious buyer should contact us with LOI for our FCO/DRAFT CONTRAC ASAP. Only buyers or direct mandate should contact PLEASE!