Bonny Light oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of Bonny. The very low sulfur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and the lower environmental impact of its byproducts in refinery effluent.
Bonny Light crude oil is considered to be of the best crude oil in the world because it is easy to refine as a result of the low sulfur content. Due to this factor, BLCO is highly sought after. The Bonny Light is in high demand specifically by American and European refineries. It is therefore a major source of income generation from the oil rich nation.
PROCEDURE - SUMMARY / BRIEF-DESCRIPTION : F O B - Offshore floating facilities of Qingdao, Lanshan, Rizhao/ China with Sellers additional transport to C I F - China by a SGS- Diptest / Q&Q / CIQ at Onshore-storage/ China with subsequent Payment.
Buyer
sends his LOI to Sellers-Mandate.
SPA / Contract signed & sealed by both parties
(Buyer and Seller) + NCNDA & IMFPA signed &
sealed.
Seller
provide the Offshore-POP-
Storage-
Documents for Verification with the Tankmaster
:2.1)
Tank-Receipts of the requested purchase-amount.
2.2) Discharge- Certificate.
2.3) Storage- Certificate.
2.4)
Storage- Information.
Seller also provide the Storage Master of Qingdao and/ or Lanshan or Rizhao direct for Information and assistance/ support to the Buyer. (for Verification/ Confirmation)
Buyer confirms the Cargo at Storage via P O P. (After verification with Storage-Master.)
Buyer issue Proof of Fund by a SWIFTMT**0(SBLC) for the first trial of abt.2 Mill. Bbls or more from
Buyers-Bank to Sellers-Fiduciary- Bank-Account according to Sellers agreed Bank SBLC-wording/ text.
Logistic : Basis of FOB - Offshore- storages Qingdao, Lanshan or Rizhao :
6.1. Seller secures Vessel/ VLCC to transfer cargo from FOB-Offshore-storage to CIF China + transport to Onshore-tankfarm/ China of the Buyer. Buyer provides port of discharge / Onshore- tankfarm- details and Seller confirms.
Seafreight-
Cost- Sharing between Seller and Buyer of FOB
loadingports to CIF - China + discharge of the Tanker
at Buyers Onshore-Tankstorage.
Buyer pays abt.*0% of the seafreight direct to the
Shipping-Company according to the Comm.-Invoice of the
Shipping-Line / Agency and Documents-Reassignment of
the Seller.
Upon arrival at destination, Buyer conducts SGS /CIQ/ Q&Q in China at Buyers Onshore-Tankdepot.
Sellers Comm.-Invoice : Final Payment by SWIFT-MT**3according cargo-out-turn barrels using SGS/ CIQ/ Q&Q- results of the Report.
The Sellers pays the Commission according to the IMFPA to the Recipients.
The Seller are prepared to continue the next shipments according to the agreed Procedure to CIF- China and transport to Buyers Onshore- Tankfarm.
The annual Contract should be based on the same above steps.
国家: | USA |
型号: | - |
离岸价格: | ( Negotiable ) 获取最新报价 |
位置: | - |
最小订单价格: | - |
最小订单: | 2000000 Barrel |
包装细节: | - |
交货时间: | - |
供应能力: | - |
付款方式: | - |
產品組 : | Crude Oil |