Petroleum Products (Sellers) Published date: October 11, 2017
Modified date: October 11, 2017

-NIGERIA CRUDE OIL BLCO 2MILLION BARREL ON FOB,TTO,TTT,CIF
OILBLOCK- PARTNER&40% PURCHASE

- VIRGIN D6 DIESEL : (TRIAL 100,000,000 GALS + 200,000,000 GALS WEEKLY FOR 52 WEEKS),
- JET FUEL A/A1 : (TRIAL 500,000 BBLS + 2-3,000,000 BBLS MONTHLY FOR 12 MONTHS)
- AGO : (TRIAL 10,000 MT + 50,000 MT MONTHLY FOR 12 MONTHS)
- PETROLEUM COKE: (100,000MT + 500,000MT X 12)
- DEFINED SUGAR ICUMSA 45: 12500MT TO 50,000MT, CIF $763 ORIGIN-BRAZIL

-SUNFLOWER OIL: & OTHERS PETROLEUM PRODUCTS, ORIGIN -RUSSIA/UKRAINE/CIS ETC.

-FERTILZERS/M100/D6/BLCO

PROCEDURES, (REFINERY TYPE SET PROCEDURES)
1-- BUYER SEND REQUEST FOR QUOTATION (RFQ) LETTER + CP AND YOUR'S CLIENT ORDER/CONTRACT, DISCHARGE PORT/COUNTRY/QUANTITY

BUYER RECEIVES DIRECTLY FROM THE SELLER THE OFFICIAL OFFER.

2--SELLER SEND PROOF OF FINANCES AND PROOF OF PAST LOADING FOR BUYER VERIFICATION.
3--BUYER SEND HIS FINANCIAL CAPABILITY. IF NOT THEN WE NEED THE CUSTOMER´S ABILITY TO PAY. MT199/ SCREEN SHOT OR BANK COMFORT LETTER.
4- THE SELLER OF THE PRODUCT WILL ISSUE A COMMERCIAL INVOICE/SPA TO THE BUYER.
5- THE BUYER SIGNS, SEALS AND RETURNS THE COMMERCIAL INVOICE.
6- THE SELLER ISSUES FULL POP TO THE BUYER TO INCLUDE BUT NOT LIMITED TO A TSR(S), SGS REPORT, TSA AND DTA.
7-.THE BUYER VERIFIES THE ABOVE POP DOCUMENTS AND PROVIDES ITS EXIT LOGISTICS FOR THE FUEL AND WITHIN 4 HOURS OF VERIFICATION PAYS BY MT103.
8- THE SELLER AND BUYER ENTER INTO A SALE AND PURCHASE AGREEMENT FOR THE WEEKLY DELIVERIES. THE BUYER WILL PUT IN PLACE A SBLC/DLC/BG AND PROVIDE TANK INFORMATION FOR THE WEEKLY DELIVERIES TO BE INJECTED INTO. SPA FOR 52 WEEKS WITH ROLLS & EXTENSIONS UP TO 48 MONTHS
9- THE PROCEDURES FOR CLOSING THE WEEKLY DELIVERIES WILL BE THE SAME AS FOR THE TRIAL DELIVERY.

• Company Name: NIGERIA USA ENERGY DEVELOPERS INC/INTERACS HOLDING
• Country: Nigeria

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