详情
Offtakers will take product on board a vessel from Bonny Light
Terminal and place MT**0 or alternatively mt**3 for FOB, upon being
issued cargo documents in their name and verifying (this would be
SPA procedure). Please confirm whether they would be ready to take
cargo, 2 million barrels, in *0 days\' time, counting from this
coming Monday
If the cargo is CIF Europe: Net $3.*0 to Buyer
If the cargo is bought FOB : Net $5
Europe
FOB Procedure Summary
Buyer and Seller Sign SPA
Seller, nominates and loads vessel and releases loading documents
to Buyer for verification with the Terminal
Buyer verifies documents and within *2 hours of receiving loading
documents, Buyer makes payment byMT**3
Vessel Sails to POD
CIF Procedure Summary
Buyer and Seller Sign SPA
Seller, nominates and loads vessel and releases loading documents
to Buyer, in Buyers name, for verification with the Terminal
Buyer verifies documents and within *2 hours of receiving loading
documents, Buyer places MT**0
Vessel Sails to POD
Q AND Q at POD
Buyer pays by MT**3, Title Exchanged, Vessel discharges into Buyers
tanks
Next Delivery.
