Buy BLCO, BLCO for Sale, Buy Bonny Light Crude Oil -

Buy BLCO. BLCO for sale. Import BLCO(Bonny Light Crude Oil) from BLCO sellers, BLCO exporters, BLCO suppliers and BLCO dealers. 

Buy BLCO, BLCO for sale, import BLCO, BLCO sellers, BLCO exporters, BLCO suppliers, Bonny light crude oil sellers

We sell BLCO, export BLCO and supply BLCO. Indeed, we are sellers of BLCO, exporters of BLCO and suppliers of BLCO. 

If you are interested in buying BLCO or importing BLCO contact us because we are selling BLCO and exporting BLCO. 

BLCO sales, BLCO supply and BLCO exportation is what we do. We are into sales of BLCO, supply of BLCO and exportation of BLCO to those involved in BLCO importation(importation of BLCO).

All BLCO buyers and BLCO importers regardless of locations can count on us for BLCO supplies. Thus, buyers of BLCO or importers of BLCO can buy Bonny Light Crude Oil or import Bonny Light Crude Oil from us.

In fact, we are open for BLCO supply contracts.

 

BLCO SALES CIF PROCEDURES WITH MT799 BLOCKED FUNDS ISSUANCE

Price: Gross $10 ; Net $6
CIF procedures for BLCO for sale with MT799 blocked funds are as follows.
(1) Ready buyer sends in corporate LOI stating readiness to buy as per seller’s procedures. Seller and buyer sign the contract. Buyer returns the signed SPA along with his valid ATB/NOR/ETA Format, supercargo and inspector’s scanned IDs.
 
(2) Within 48hrs of signing the SPA, buyer’s bank shall write an RWA in favor of the buyer stating their willingness to issue an MT799 BLOCKED FUNDS covering the entire cargo. Please, note that buyer’s bank is to send RWA to buyer for the buyer to give the seller.
 
(3) Within 48hrs of receipt of buyer’s RWA, seller releases his full account details to receive buyer’s MT799 BLOCKED FUNDS.
 
(4) Within 72hrs of receipt of seller’s account, buyer’s bank issues the MT799 BLOCKED FUNDS covering the entire cost of cargo.
 
(5) Within 10days of receipt and confirmation of buyer’s MT799 BLOCKED FUNDS, NNPC shall send to buyer directly, all Original Cargo shipping documents in buyer’s name as CONSIGNEE. Please, note here that all original shipping cargo documents including the WARRANTY/TRANSFER OF TITLE shall be sent to buyer by NNPC directly.
 
(6) The loaded vessel shall issue a Marine NOR/ETA to buyer’s discharge port and loaded vessel sails to buyer’s port of discharge.
 
(7) Loaded vessel arrives buyer’s discharge port and shall announce her presence. Buyer clears in the vessel. Loaded vessel issues a Marine ATB in favor of buyer’s inspection team for calibration purposes.
 
(8) Buyer’s inspector boards loaded vessel and conducts Q&Q analysis. Buyer’s inspection company releases the Q&Q reports.
 
(9) Seller issues a Commercial Invoice to buyer for payment based on Q&Q results. Buyer’s bank issues MT103/72 in favor of seller as payment instruction assurance.
 
(10) Upon confirmation of buyer’s payment instructions, loaded vessel proceeds to tranship into buyer’s storage tanks. Upon completion of discharge, a Storage Certificate shall be issued to buyer as proof of discharge into his storage.
 
(11) Upon confirmation of discharge, buyer’s bank pays cash via Telex Transfer the cost of entire cargo and commissions as agreed.
 
 

BLCO SALES CIF PROCEDURES WITH MT760 SBLC ISSUANCE

Price: Gross $10 ; Net $6
CIF procedures for BLCO for sale with MT760 SBLC issuance are as follows.
(1) Ready buyer sends in corporate LOI stating readiness to buy as per seller’s procedures. Seller and buyer sign the contract. Buyer returns the signed SPA along with his valid ATB/NOR/ETA Format, supercargo and inspector’s scanned IDs.
 
(2) Within 72hrs of signing the SPA, buyer’s bank shall issue a Pre-advice stating willingness to issue an SBLC covering the entire cargo.
 
(3) Within 72hrs of receipt of buyer’s pre-advice, seller’s bank shall respond via Pre-advice stating readiness to issue 2% Performance Bond (PB) in favour of buyer when they receive buyer’s SBLC.
 
(4) Within 48-72hrs of receipt of seller’s Pre-advice, buyer’s bank shall issue the Standby Letter of Credit (SBLC) in favour of seller covering the entire cost of cargo.
 
(5) Within 72hrs of receipt and confirmation of buyer’s SBLC, seller’s bank issues the 2% PB in buyer’s favor.
 
(6) NNPC shall send to buyer directly, all Original Cargo shipping documents in buyer’s name as CONSIGNEE. Please note here that all original shipping cargo documents including the WARRANTY/TRANSFER OF TITLE shall be sent to buyer by NNPC directly.
 
(7) The loaded vessel shall issue a Marine NOR/ETA to buyer’s discharge port and loaded vessel sails to buyer’s port of discharge.
 
(8) Loaded vessel arrives buyer’s discharge port and shall announce her presence. Buyer clears in the vessel. Loaded vessel issues a Marine ATB in favor of buyer’s inspection team for calibration purposes.
 
(9) Buyer’s inspector boards loaded vessel and conducts Q&Q analysis. Buyer’s inspection company releases the Q&Q reports.
 
(10) Seller issues a Commercial Invoice to buyer for payment based on Q&Q results. Buyer’s bank issues MT103/72 in favour of seller as payment instruction assurance.
 
(11) Upon confirmation of buyer’s payment instructions, loaded vessel proceeds to tranship into buyer’s storage tanks. Upon completion of discharge, a Storage Certificate shall be issued to buyer as proof of discharge into his storage.
 
(12) Upon confirmation of discharge, buyer’s bank pays cash via Telex Transfer the cost of entire cargo and commissions as agreed.
 

BLCO TTO NIGERIA

Price in Naira(₦): ₦67-4
 
Price in USD($): $13-4
 
Procedures for  BLCO TTO Nigeria are as follows.
(1) Buyer sends in LOI/ICPO. Seller and buyer sign the contract. Buyer returns the signed SPA along with his valid ATB Format, supercargo and inspector’s scanned IDs.
 
(2) Within 24hrs of signing the SPA, buyer shall issue a Blocked Fund of ₦100million in favor of Seller’s nominated account; to be cashed upon the release of Q&Q results.
 
(3) Within 48hrs of receipt and confirmation of buyer’s ₦100m BF, loaded vessel captain shall issue a Marine ATB in favor of buyer’s supercargo and inspector. A clearance shall be issued. Seller shall board buyer’s supercargo and inspector for physical confirmation and calibration purposes at his own expense.
 
(4) Buyer’s supercargo and inspector are boarded. Buyer’s inspector conducts Q&Q analysis. The inspector shall take samples leaving only supercargo on board.
 
(5) Within 24hrs of the release of Q&Q results, buyer’s ₦100million BF becomes cashable. At this point, seller issues a Commercial Invoice and buyer is introduced to vessel handler for purpose of rechartering loaded vessel to buyer’s discharge port.
 
(6) Buyer’s bank issues an MT103/72 covering the entire cargo and commissions.(This is to serve as assurance for payment for entire cargo. This is Government’s property and not personal property.)
 
(7) NNPC shall issue all original cargo shipping documents in buyer’s name as the CONSIGNEE of cargo on board vessel. Please note here that all original documents shall be sent to buyer and bank via NNPC official domain.
 
(8) Upon a successful rechartering by buyer, buyer pays for the entire cargo and commissions as stated on the SPA.
 
(9) Upon confirmation of payment, loaded vessel sails to buyer’s discharge port.
 

BLCO TTO GHANA

Price in Naira(₦): ₦67-4

Price in USD($): $12-4

Procedures for BLCO TTO Ghana are as follows.
(1) Buyer sends ICPO. Seller and buyer sign the contract. Buyer returns the signed SPA along with his valid ATB format, supercargo and inspector’s signed IDs.

(2) Within 48 hours of signing SPA, buyer issues ₦100million Blocked Fund(BF) / US$1 million SBLC to seller’s nominated account. Please note that the naira(₦) BF will be confirmable from bank Head Office.

(3) Within 48 hours of receipt of buyer’s ₦100million Blocked Fund(BF) / US$1 million SBLC, NNPC shall send the cargo documents as CONSIGNEE to buyer directly.

(4) Loaded vessel issues marine NOR/ETA to buyer’s Ghana port for Q&Q analysis. Loaded vessel sails to Ghana waters 10-12 nautical miles.

(5) Upon arrival, the loaded vessel shall announce her arrival 10-12 nautical miles and shall issue a marine ATB to buyer’s supercargo and inspector for confirmation and calibration of product.

(6) Seller boards the supercargo and inspector at buyer’s expense. Buyer’s supercargo and inspector board loaded vessel. Buyer’s inspector shall board and disembark with samples for Q&Q. Leaving only buyer’s supercargo on board.

(7) Within 24 hours of release of Q&Q reports, buyer’s bank transfers the ₦100million / US$1million to the seller. Seller shall issue a Commercial Invoice to buyer for payment of entire cargo based on Q&Q results. 

(8) Upon receipt and confirmation of buyer’s cash logistics, NNPC shall issue all Original Shipping documents with Warranty of Title directly to buyer.

(9) Buyer’s bank issues MT103/72 in favour of seller with a specified condition. Seller shall introduce buyer to vessel handler for buyer to recharter loaded vessel to discharge port. The MT103/72 condition will state that upon successful recharter of loaded vessel, buyer pays. 

(10) Upon a successful recharter by buyer, buyer pays in cash via Wire Transfer the cost of entire cargo and commissions as agreed.

(11) Upon confirmation of buyer’s cash payments for entire cargo and commissions, loaded vessel is allowed to sail to Buyer’s discharge port.

 

NNPC BLCO BULK ALLOCATION

*540million barrels of BLCO*
 
COMMODITY, QUANTITY and PRICE OF BLCO BULK ALLOCATION
(1) Commodity: BLCO(Bonny Light Crude Oil)
(2)Quantity of BLCO: 540,000,000(Five hundred and forty million) barrels
(3) Discount: USD$14 gross less USD$4
(4) USD$10 net to buyer
(5) Buyer mandate/agents/facilitators: $2
(6) Seller mandate/agents/facilitators: USD$2
 
NNPC BLCO BULK ALLOCATION PROCEDURE
NNPC bulk allocation procedure for BLCO sales are as follows 
(1) Buyer sign and return seller’s forwarded SPA with a valid 2019 POF, and two(2) international passport of those that will be going to Tower. 
 
(2) NNPC confirm the signed SPA/POF and send buyer invitation to tower within three(3) working days through the seller. 
 
(3) Upon successful confirmation and verification of seller’s allocation document at NNPC Towers and attestation released, buyer will place his financial instrument for the total allocation quantity according to requirement by NNPC and pay the seller and all intermediaries commissions as detailed in the signed/sealed SPA. 
 
(4) Upon successful confirmation of all commission earners into their given accounts all necessary hand over and lifting right documentation and programming is processed in favour of buyer or in buyer’s name.
 
(5) Buyer will handle vessels, loading and lifting process on his own and lifting and sailing commences according to layman given dates accordingly.
 
NOTE: Buyer and seller account details will be nominated at NNPC tower face to face for security reasons.
 
Ready, willing and financially capable BLCO buyers or BLCO importers who are looking for NNPC bulk BLCO allocation and who wants to buy BLCO or import BLCO from BLCO seller, BLCO supplier, BLCO exporter or BLCO dealer can contact us to proceed with this deal while offer lasts on first come first served basis.

Bonny Light Crude Oil BLCO for Sale, Supply and Export

Nigerian BLCO(Bonny Light Crude Oil) is available for sale, supply and export to any world safe port to only genuine and serious BLCO buyers or BLCO importers who are financially capable and able to provide proof of fund(POF) so as to close the BLCO deals.

Quantity of BLCO for Sale, Supply and Export

As per BLCO buyer’s requirements and based on allocations from NNPC at any given time. Rest assured we can meet your BLCO supply requirements. Thus, we always open for BLCO supply contracts worldwide.

Price of BLCO

BLCO price is affordable with good discount.

Payment Terms for BLCO

As specified in each of the BLCO trade procedures above. 

Buy BLCO Online, Buy Bonny Light Crude Oil Online

You can buy BLCO online or import BLCO from a BLCO seller, BLCO supplier, BLCO exporter and BLCO dealer by contacting us us while offer lasts. 

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