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We have bonny light crude oil on TTT, FOB AND TTO spot deal. we'er looking serious and real buyers not time waster. Buyer must sign SPA before POP and place instruments before Q&Q. We sell from bulk allocation of NNPC AND JOINT VENTURE OPERATIONS. our proceduer
Buyer and Seller sign the sales/purchase contract agreement with Banking coordinates. seller releases loaded cargo documents for buyer's independent verification.
Buyer's Bank places a non- operative LETTER OF CREDIT to seller's bank to be activated by seller's 2% performance bond.
Seller's issues ATB to buyer's independent inspectors.
Buyer's inspectors go onboard vessel within 72hrs after the confirmation of the buyer's LC and places 2% PB by the seller, to conduct Q&Q, inspection report made available to buyer.
Re-assignment of cargo is done in buyer's name and CPA issued, signed by buyer and returned to the seller within 4 working days os receiving a positive Q&Q report. etc
We are regularly Selling: blco, lpfo, forcados, naffta, akwalite, d2, jp54, mazut, ago.
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