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Chemical Materials & Products /  Chemical Agents / 
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Producer information
Company:
Smartlink Commodities Supply Co. Limited
 
Address:
12 Alhaji Alaka Street, Ilasamaja, Mushin, Lagos State, Nigeria
 
Phone:
+234-01-8923834

Nigerian Bonny Light Crude Oil


Bonny light crude oil: gross $8usd, net $5usd to buyer.$ 3usd / bbls commission1) buyer and seller sign contract.2) seller issues proof of product to end buyer.3) buyer issues bcl from foreign bank upon confirmation of the POP.4) seller post $usd200, 000 cash bond to buyer`s bank.5) buyer responds with documentary letter of credit, CPA atl.6) within 48hrs seller loads vessel and send notice of readiness.7) buyer`s vessel captain responds with estimated time of arrival at transshipment point.8) both vessels alongside each other, sgs inspector come onboard to confirm q & q. Upon verification of sgs report, transshipment commences.9) buyer`s private inspector comes onboard to confirm quantity loaded into mother vessel and reports same to buyer.10) payment is made as per out turn barrel at the counters of the buyer`s bank covering cost of crude and commissions within 48hrs. Upon confirmation of payment by swift buyer`s vessel is allowed to sail off.PROOF OF PRODUCTREFERENCE NO. : CMD / EXP. T / 28 / VOL. 4 / 779.EXPORT PERMIT LICENCE: EXP. T / 28 / VOL. 4 / 779BULK APPROVED MPR REF NO. : P1 / INS / 208 / VOL. 70 / 70QUANTITY OFFTAKE: 2 / 6 MILLION BARRELSMONTHLYTRANSACTION CODE: NNPC / BLCO / T. OPS / BON /2006TOTAL QUANTITY OF BULKAPPROVED: 25, 376, 814 BARRELS

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Proof of productReference no. : Cmd / exp. T / 28 / vol. 4 / 779.Export permit licence: Exp. T / 28 / vol. 4 / 779Bulk approved mpr ref no. : P1 / ins / 208 / vol. 70 / 70Quantity offtake: 2 / 6 milli
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