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Trade Leads Directory -> All Trade Leads -> Chemicals -> Petroleum Products: Crude Oil -> Acting as agents for buyers of Crude oil from Nigeria
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Acting as agents for buyers of Crude oil from Nigeria (Offer to Buy)

Robert Nemeth
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Trade Lead Description:

The Procedures Listed Below Are Non-Negotiable:
SPECIFICATIONS
1) Product: Nigerian Bonny Light Crude Oil of Standard Export Grade
2) Quantity: Two (2) Million Barrels to Four (4) Million Barrels
3) Destination: ASWP – Any Safe World Port
4) Inspection: SGS or Equivalent
5) Delivery: CIF/TTO/TTT
6) Contract Period For TTO/TTT: One (1) Time Spot Transaction
7) Payment For TTO/TTT: Non-Transferable Documentary Letter of Credit (DLC)
8) Performance Bond For TTO: Operative Cash Bond in the amount of USD$100,000 to the Buyer’s Bank from a Top 25 world bank; or same as for CIF
9) Performance Bond For TTT: Operative Cash Bond in the amount of USD$200,000 to the Buyer’s Bank from a Top 25 world bank; or same as for CIF
10) Contract Period For CIF: 12 Months with Possible Rolls & Extensions
11) Payment For CIF: Non-Transferable Revolving Documentary Letter of Credit (RDLC)
12) Performance Bond For CIF: Non-Operative 2% Performance Bond (PB) to the Buyer’s Bank in the form of a Stand By Letter Of Credit (SBLC) from a Top 25 world bank
Posted from US - New Jersey on 27 May, 2008
Last Modified on 24 June, 2008
 
Type of Offer: Offer to Buy
Quantity: 4 million barrels
Packaging: Not Specified
Price / Incoterms Conditions: Not Specified
Company Name: Robert Nemeth
Contact Person: Robert Nemeth
Location: US - New Jersey
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Classification: Chemicals - Petroleum Products: Crude Oil
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