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Crude Oil

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We Buy Crude Oil

  • Date Posted :

    2020-01-12

  • Valid Until :

    2021-01-12

  • Specifications :

    EXPORT GRADE

  • Quantity :

    2 000 000

  • Packaging :

    Barrels

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WE ARE LOOKING FOR BLCO CIF ASIAN PORTS 2M BBLS FIRST SPOT TRIAL SHIPMENT.
1. SELLER ISSUES SCO.
2. BUYER ISSUES LOI.
3. BUYER AND SELLER AGREE ON THE GENERAL PROCEDURE OF THE CONTRACT AND
SELLER ISSUES FULL CORPORATE OFFER (FCO), ACCOMPANIED BY ITS DOCUMENTS:
A. MOU WITH THE OWNER TO ALLOCATE THE VOLUME FOR SALE.
B. MOU WITH THE TRANSPORT COMPANY ON THE DELIVERY OF THE VOLUME TO DELIVER TO BUYER`S PORT.
C. MOU WITH THE PORT ON TRANSSHIPMENT AND BUNKERING OF THE VOLUME OF CARGO.
D. MOU WITH THE SHIPOWNER ON THE FREIGHT OF THE SHIP (CHARTER PARTY).
THE ABOVE SET OF DOCUMENTS IS COST-FREE FOR THE SELLER TO ISSUE TO BUYER AND NOT TO BE CONSIDERED
AS PPOP OR POP, BUT PROVES THE SELLER HAS THE ACCESS TO THE PRODUCT AND IS READY TO SELL AND DELIVER.
4. IF THE BUYER AGREES WITH ALL THE POINTS OF THE FCO, HE PREPARES AND ISSUES TOGETHER WITH THE
BUYER`S BANK ICPO AND PROOF OF SOLVENCY.
5. BUYER AND SELLER SIGN THE MAIN CONTRACT (SPA).
6. WITHIN 10 (TEN) DAYS AFTER THE MAIN CONTRACT IS SIGNED, SELLER OPENS 2% PERFORMANCE BOND TO
BUYER`S BANK.
7. WITHIN 10 (TEN) DAYS AFTER 2% PERFORMANCE BOND IS OPENED BY SELLER`S BANK, BUYER`S BANK OPENS
AUTOMATICALLY RENEWABLE DLC TO SELLER`S BANK.
8. WITHIN 20 (TWENTY) DAYS AFTER OPENING THE BANK GUARANTEES, SELLER PREPARES THE SHIPMENT AND
ARRANGES VESSEL`S LOADING AT BONNY TERMINALS, NIGERIA, WITH TWO MILLION BARRELS OF BONNY LIGHT
CRUDE OIL AT SELLER`S EXPENSE, ARRANGES THE CARGO DOCUMENTS IN BUYER`S NAME.
9. AFTER LOADING OF TWO MILLION BARRELS OF BONNY LIGHT CRUDE OIL AND SGS INSPECTION CONDUCTED
ONBOARD THE VESSEL, VESSEL IS PUT TO SAIL TO BUYER`S DESTINATION PORT.
10. AFTER VESSEL`S DISCHARGING INTO BUYER`S STORAGE TANK AND Q&Q IS CONDUCTED, BUYER MAKES THE FINAL PAYMENT VIA MT103.
11. ONE YEAR CONTRACT OF MONTHLY DELIVERY OF 10 MILLION BARRELS CONCLUDED. MONTHLY SHIPMENTS
BEGIN ACCORDING TO THE CONTRACT CONDITION.

CONTACT US OUR E-MAIL ONLY:
MACS (DOT) LTD (AT) YANDEX (DOT) RU
+79084493157

Related Keywords : blco

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