 Bonny Light Crude - Only Refinery Mandates, please (Offer to Sell)
Trade Lead Description:
Our seller is a large oil supplier,
a title holder of BLCO
CIF/TTO Contracts available
2million to 4 million barrels per
month
$10/6, $10/7, $10/8, depending
on buyer
Buyer must send profile for Due
Diligence to kick start the process.
Rest of procedure for CIF
CIF PROCEDURES (abbreviated)
1) Buyer signs SPA and returns
with BCL.
2) Seller nominates vessel,
loads cargo, and provides all
cargo documents including but
not limited to, SGS, Bill of Lading,
Charter Party Agreements, full
vessel and handler information.
3) Upon verification of
documents, Buyer places a
banking instrument (Non
Operative DLC, MT760, or the
like, covering the full value of the
cargo.
4) Seller verifies instrument,
issues 2% PB and reassigns cargo
documentation and charter in the
name of the buyer, Vessel sails to
buyer’s port of discharge.
5) Vessel arrives at Buyer’s port
of discharge, releases cargo, and
buyer releases payment via
SWIFT for full payment of
shipment and commissions.
| Type of Offer: |
Offer to Sell |
| Quantity: |
2million |
| Packaging: |
Barrels |
| Price / Incoterms Conditions: |
CIF/TTO |
Posted from US - Georgia on 20 March, 2012
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How to 
