26/03/2023
available to be supplied in any quantity
*NNPC ÀPPROVED CIF TRANSACTION FOR NOMINATION OF 2-10MBLS OF BLCO TO ANY SAFE WORLD PORT OF DISCHARGE*
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*PRESENTED BY:*
SELLER'S AUTHORIZE MANDATE.
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*PRICE DISCOUNT:*
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$12 LESS 4 USD.
VESSEL: TBN.
TERMS: CIF
PRODUCT: BLCO
ORIGIN: NIGERIA.
QUANTITY: 2-10, MILLION BARRELS AS PER MONTHLY SHIPMENT TO ANY SAFE PORT OF DISCHARGE.
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*PROCEDURES / PAYMENT INSTRUMENT: NOMINATIONS, SHIPMENT & PROCEDURES COST INSURANCE AND FREIGHT (CIF).*
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1). BUYER OFFICIALLY WRITE AN ACCEPTANCE LETTER ADDRESS TO THE NNPC TERMINAL ADDRESS PROVIDED BELOW, STATING BUYER'S WILLING AND READINESS TO ACT ACCORDING TO THE NOMINATED AND APPROVED PROCEDURES AS STATED BELOW AND SELLER SENDS COPY OF BUYER'S ACCEPTANCE LETTER TO NNPC TERMINAL FOR ACKNOWLEDGMENT AND APPROVAL.
THE TERMINAL CHIEF SUPERINTENDENT,
NIGERIA NATIONAL PETROLEUM COMPANY LIMITED (NNPC), BONNY TERMINAL,
BONNY ISLAND,
PORT HARCOURT
RIVERS STATE
NIGERIA.
ATTN: DR JACOB BELLO.
THROUGH: BENTES ENERGY CONCEPT RESOURCES LTD.
2). SELLER SENDS PRE-SIGNED CONTRACT/SPA TO BUYER FOR ENDORSEMENT.
3). BUYER SIGNED SELLER CONTRACT AGREEMENT SEALED WITH FULL BANKING COORDINATES OF BOTH PARTIES AND THEIR AGENTS, INCLUDING THE BANKING ACCOUNTS COORDINATES/ DETAILS TO ISSUE *SBLC MT760 OR MT799 BLOCK FUND BY SWIFT OF TWO HUNDRED MILLION ($200,000,000) DOLLARS.*
4). BUYER RETURN DULY SIGNED CONTRACT/SPA ATTACHED WITH THE FOLLOWING REQUIREMENTS AS STATED BELOW TO SELLER
*A. CUSTOMER INFORMATION SHEET AND PASSPORT DATA PAGE.*
*C. CERTIFICATE OF INCORPORATION.*
5). SELLER CONFIRMS TO BUYER THE RECEIPT OF THE ABOVE MENTIONED DOCUMENTS AND SELLER LODGED THE SIGNED CONTRACT AGREEMENT WITH THE BANKS OF THE RESPECTIVE PARTIES.
NOTE: The swift copy of the Bank Pre-advice MT799 & SBLC/MT760 OR MT799 BLOCK FUND, must be sent from the issuing bank official email domain to our NNPC fiduciary nominated bank/email: #########xx directly and know third party copy won’t be accepted.
6). BUYER WITHIN 3 BANKING DAYS ISSUES PRE-ADVICE MESSAGE BY SWIFT MT799 TO SELLER/NNPC TERMINAL ACCREDITED FIDUCIARY NOMINATED BANK AND SELLER/ NNPC FIDUCIARY NOMINATED BANK RESPOND CONFIRMING READINESS TO RECEIVE BUYER'S INSTRUMENT.
7). SELLER INSTRUCTS BUYER TO AUTHORIZE HIS BANK TO PROCEED WITH THE ISSUANCE OF SBLC/MT760 OR MT799 BLOCK FUND BY SWIFT TO THE NNPC TERMINAL ACCREDITED FIDUCIARY NOMINATED ACCOUNT.
8). SELLER ISSUES CONTRACT ACKNOWLEDGMENT/ CONFIRMATION LETTER THROUGH *NNPC OFFICIAL EMAIL DOMAIN* TO BUYER, AFTER THE RECEIPT AND SUCCESSFUL CONFIRMATION OF REQUIRED SBLC/MT760 OR MT799 BLOCK FUND INSTRUMENT.
9). SELLER/NNPC TERMINAL NOMINATE A LOADED VESSEL OR ASSIGN ANY LOADED VESSEL WITHIN THE BUYER'S PORT OR ALREADY ON VOYAGE TO THE BUYERS PORT IN FAVOUR OF THE BUYER'S NAME.
10). SELLER/ NNPC TERMINAL SENDS COMPLETE VALID SCANNED LOADED CARGO DOCUMENTS FROM THE *NNPC TERMINAL OFFICIAL EMAIL DOMAIN* TO THE BUYER AND ISSUES MARINE NOR/ETA FROM THE LOADED VESSEL CAPTAIN EMAIL DOMAIN WITH TITLE OF WARRANTY, CERTIFICATE OF OWNERSHIP IN THE BUYER’S NAME ATTACHED WITH ANY OTHER RELATED DOCUMENTS FOR SMOOTH OPERATIONS TO THE BUYER.
11). SELLER/NNPC AUTHORIZE LOADED VESSEL TO SET SAILS TO THE BUYER'S PORT OF DISCHARGE OR Q/Q INSPECTION AND SELLER/NNPC AUTHORIZE LOADED VESSEL CAPTAIN TO ISSUE NOTICE OF ARRIVAL AT THE BUYER'S PORT AND ISSUES *MARINE AUTHORITY TO BOARD (MATB)* TO BUYER’S INSPECTION TEAM.
12). BUYER’S SUPERCARGO/ INSPECTION TEAM BOARD THE SELLER/ NNPC LOADED VESSEL AT BUYER’S EXPENSE TO CONDUCT QUANTITY AND QUALITY (Q&Q).
13). WITHIN 72 HOURS OF SUCCESSFUL INSPECTION, BUYER’S INSPECTORS SENDS PRODUCT INSPECTION REPORT TO BUYER AND TO SELLER/NNPC.
14). WITHIN 72 HOURS OF THE RECEIPT OF Q/Q REPORT BY BOTH PARTIES, BUYER’S BANK SWIFT TOTAL CARGO VIA MT103 TO SELLER/NNPC NOMINATED BANK ACCOUNT.
15) BUYER MAKES PAYMENT FOR THE FULL CARGO TO SELLER/NNPC NOMINATED BANK ACCOUNT AND TO ALL COMMISSIONS ARE SIMULTANEOUSLY PAID IMMEDIATELY.
16) SELLER/NNPC TERMINAL SENDS ALL ORIGINAL CARGO AND TITLE DOCUMENTS TO BUYER AS THE CONSIGNEE AND INTRODUCE BUYER TO VESSEL OWNER/HANDLER FOR RECHARTER.
17) SELLER/NNPC ALLOW THE LOADED VESSEL TO SAIL TO BUYER'S PORT OF DISCHARGE.
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