Archive for Crude Oil
Saudi Light Crude Oil
Please contact us with your Letter of Intent and complete contact details using the form below.
Commodity
Saudi Light Crude Oil
Origin
Saudi Arabia
Price
Platt Minus 8% Gross, 6% Net per BBL.
Quantity
5,000,000/ MT x 12 months contract.
Payment
BG for 1.5 month.
Shipping Terms
CFR (Cost and Freight) to Shanghai Port, China.
Inspection
SGS
Bonny Light Crude Oil (BLCO)
Crude Oil of other origins are also available with a tailored contract if required.
Origin
Nigeria
Quantity
2,000,000/Barrels x 12 months contract/extensions
Payment
ICPO bank endorsed or ICPO and BCL needed.
Shipping Terms
FOB (Free On Board)
or
CIF (Cost, Insurance and Freight)
or
TTO (Tanker Take Over)
Bonny Light Crude Oil, QUA IBOE – 24,000,000 barrels ‘TTO’ basis
This offer is direct from the NNPC. The contract is 2,000,000 barrels x 12 months = 24,000,000 barrels.
Discount
Gross Discount to the Buyer is US$ 10.00 (Ten Dollars) per barrel below DID Brent.
- Gross: US$ 10.00/Bbl
- Net: US$ 7.00/Bbl
Commission
US$ 7 per net to buyer and US$3.00/bbl OUT-TURN to be paid by the BUYER, distributed as follows:
- A. US$ 1.50 per net out-turn barrels to be paid to sellers side;
- B. US$ 1.50 per net out-turn barrels to be paid to buyers side;
Proof of Product
On receipt of LOI from the qualified buyer we shall send you POP first followed by SPA.
Bonny Light Crude Oil – 24,000,000 barrels ‘CIF’ basis
This offer is direct from the NNPC. Contract is 2,000,000 barrels x 12 months = 24,000,000 barrels.
Discount
Gross Discount to the Buyer is US$ 6.00 (Six Dollars) per barrel below DID Brent.
The NET Discount shall be Buyer Net US$ 3.00 (Three Dollars),
Commission
Total Commission to Buyer and Seller’s Agents US$ 3.00 (Three Dollars).
Proof of Product
On receipt of LOI from the qualified buyer we shall send you POP first followed by SPA.