BLCO OFFER PRODUCT: BONNY LIGHT CRUDE OIL (BLCO) Export Grade QUANTITY: 2 million Barrels minimum with possible rolls and extensions. PRICE: Brent Minus $6.00 for the minimum quantity of 2,000,000 Barrels. For larger quantities, the Seller will offer a greater discount. COMMISSION: $0.50 Per Barrel, Seller Side (closed) / US$ 0.50 Per Barrel, Buyer Side. DELIVERY TERMS: DIP AND PAY - QINGDAO CHINA. ORIGIN & SPECIFICATIONS OF PRODUCT: NIGERIAN ORIGIN / MEET EXPORT GRADE REQUIREMENTS AS PER THE BUYER REQUEST (SEE ANNEX FOR SPECIFICATIONS.) NON-NEGOTIABLE & NON-AMENDABLE DIP TEST AND PAY PROCEDURE. 1. Buyer sends Letter of intent (LOI) to the Seller. 2. Seller sends Full Corporate Offer (FCO) to the Buyer. 3. Buyer sends ICPO. 4. Seller/Buyer sign and execute SPA and lodge with their respective Banks. Electronic copies are enforceable and legally binding. 5. Buyer Issues POF via MT799 Bank to Bank. 6. Seller Confirms Buyer's POF, provides PPOP to Buyer, Bank to Bank and commercial invoice, to enable Buyer issue Documentary Letter of Credit (DLC) for the Total Product. 7. Buyer Issues Confirmable, Irrevocable and Transferable Documentary Letter of Credit (DLC via MT700.) 8. Seller confirms the instrument, sends FULL POP and DTA alongside all tank details (unlock tank details) to Buyer for inspection and injection. Seller makes all needed arrangements for Buyer's Inspectors to conduct Dip Test. 9. After the Dip Test, Seller processes all load title documents in Buyer's name and releases all load documents to Buyer. 10. Upon positive CIQ report, products are injected into Buyer's facility by the guarantee of DLC. 11. Upon injection, Seller issues Final Invoice (based on CIQ) to the Buyer. Buyer makes final payment via MT103 according to Invoice. 12. Operations are repeated.
Bonny Light Crude Oil (BLCO) is a crude oil product offered by Nada General Trade, based in the United Arab Emirates. The product is of Nigerian origin and meets export grade requirements as per buyer request, with a minimum quantity of 2 million barrels. The seller specifies the delivery terms as Dip and Pay - Qingdao, China.
At Global Trade Plaza, we understand that quality is paramount in the B2B sector. As updated by the seller, the BLCO - DIP AND PAY - QINGDAO CHINA. is manufactured to meet rigorous industry standards, ensuring reliability and performance for your business operations. Designed with businesses in mind, the product offers outstanding end user experience. As your business grows, so do your needs, hence it is designed to scale with you, offering flexible solutions that adapt to changing demands. Explore more such product varieties from sellers, suppliers, manufacturers and exporters at our website. You can even import or export BLCO - DIP AND PAY - QINGDAO CHINA. or connect with global Importers and Exporters online.
Nada General Trade is a premier leather products export company, established in 2010 and based in United Arab Emirates. With a decade of experience, Nada General Trade has built a reputation for delivering high-quality leather goods to clients across the globe. The company specializes in a wide range of leather products, including bags, wallets, belts, and custom leather accessories, all crafted with precision and attention to detail. Leveraging advanced manufacturing techniques and stringent quality control processes, Nada General Trade ensures that each product meets the highest standards. The company’s commitment to excellence, timely delivery, and customer satisfaction has made it a trusted name in the international market.Nada General Trade continues to expand its global footprint, exporting its superior leather products to various countries, while maintaining strong relationships with clients worldwide.
The trusted supplier, Nada General Trade, accepts for transactions related to BLCO - DIP AND PAY - QINGDAO CHINA.. All payments are processed securely via the Global Trade Plaza B2B platform, ensuring buyer protection and supplier credibility.
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Nada General Trade, a reliable B2B trader from United Arab Emirates, dispatches BLCO - DIP AND PAY - QINGDAO CHINA. primarily through the port at United Arab Emirates. Packaging types (e.g., bulk, custom, eco-friendly) and estimated pricing may vary based on order volume and destination. To get detailed logistics and pricing information, reach out via the Inquire Now button or Sign Up for direct supplier interaction.