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BLCO: TTO/TTT Crude Oil

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Quick Details

Place of Origin:
Nigeria
Brand Name:
BLCO
Type:
Light Crude Oil(LCO)
Application:
Oil Product
Grade:
OPEC

Specifications

Offer of up to 10,000,000 Barrels of NNPC Specification Bonny Light Crude Oil (BLCO) on a TTO / TTT.

We are a Petroleum Commodity Trading Group located in the United Kingdom. We are direct to the legal mandate of a very serious seller for NNPC Specification Bonny Light Crude Oil (BLCO) as per below details;

  1. Commodity: Bonny Light Crude Oil
  2. Specification: Standard Specification (e-mail for info)
  3. Quantity: up to 10 Million Barrels available 
  4. Delivery: TTO / TTT 
  5. Terms: To be agreed between seller and buyer 
  6. Payment Terms: Irrevocable, Revolving, Documentary Letter of Credit from a Top Prime 25 Bank.

PROCEDURES

  1. The Buyer and the Seller sign the contract, with banking coordinates of both parties and copies sent to both parties banks.
  2. Seller gives to the Buyer details of loaded cargo for verification or confirmation.
  3. Buyer post to seller details of their inspector and supercargo for ATB an Irrevocable Bank Payment Undertaking (IBPU).
  4. Seller issues to Buyer Authority to Board (Marine ATB), to board the loaded vessel
  5. Q&Q is conducted by Buyers` approved Independent Inspectors and buyers supercargo remains on board until security clearance is paid. Security fee is deductible from the cargo fee.
  6. Buyer issues a confirmable Documentary Letter of Credit (DLC) or Bank Guarantee (BG) covering the entire cost of product and commission to all brokers and other stakeholders. 
  7. Buyer place its full chartered of the loaded vessel
  8. Seller releases all Original Documents of cargo to the Buyer.
  9. Buyer executes payment by KTT on outturn barrel basis to Seller.
  10. Cargo sails to Buyers destination.
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B2B Global Traders is a uk-based international commodities trading brokerage firm dealing with a wide range of merchandise and commodities. The company deals with a number of commodities like sugar, cement, urea, metal minerals, crude oil and liquefied natural gas (lng) internationally by serving as an intermediary between (importers) a buyer and a seller (exporter) across the supply chain. Development is based on both supplier and buyer requirements. B2B Global Traders will be a marketplace ... View detail

Basic Information

Product/Service (We Sell): Crude Oil, Metal Minerals, Sugar, Cement And Urea  
Number of Employees: Fewer than 5 People  

Trade & Market

Main Markets: North America
South America
Eastern Europe
Southeast Asia
Africa
Oceania
Mid East
Eastern Asia
Western Europe
Total Annual Sales Volume: US$1 Million - US$2.5 Million  

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Unverified Supplier - B2B Global Traders
United Kingdom | Contact Details
Experience: Established 2006

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Mr. Barry Uthman
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