Import Blco - Dip And Pay - Qingdao China. — Buy in Bulk from Supplier in United Arab Emirates

Bonny Light Crude Oil (BLCO) is a light sweet crude stream from Nigeria, offered here by Dubai-based Nada General Trade for delivery via dip and pay at Qingdao, China. This listing specifies a minimum quantity of 2 million barrels with possible rolls and extensions, priced at Brent minus $6.00 per barrel for the minimum lift. The grade is export-grade BLCO, with specifications to meet buyer requirements as detailed in annexed documentation. The transaction structure follows a non-negotiable, non-amendable dip test and pay procedure with twelve defined steps from LOI through to final MT103 payment.

BLCO is characterised by American Petroleum Institute (API) gravity typically between 32° and 37°, with sulphur content generally below 0.15% by weight, placing it among the sweeter crude grades globally. The low sulphur and light distillate yield make it particularly suited to simple and complex refineries alike, producing high yields of gasoline, middle distillates, and light products. Nigerian export-grade BLCO must meet standard export specifications for Reid Vapour Pressure (RVP), pour point, and basic sediment and water (BS&W) content, typically below 0.5% by volume. The specific assay for this cargo would be provided by the seller upon execution of the Sales and Purchase Agreement (SPA).

This offering targets national oil companies, major refiners, and large-volume crude traders seeking physical delivery into the Asian market via Qingdao port. The dip and pay structure requires buyer issuance of proof of funds (MT799), followed by seller provision of partial proof of product (PPOP), then full proof of product (POP) and tank details for independent inspection. Buyers should note the commission structure: $0.50 per barrel seller side (closed) and $0.50 per barrel buyer side. All load title documents transfer to buyer name post-dip test, with injection guaranteed by documentary letter of credit (DLC via MT700) and final invoicing based on China Inspection and Quarantine (CIQ) report.

Nada General Trade operates from Dubai City, United Arab Emirates, with its registered address in Dubai, 00971. The company holds a harbor trust tier, which represents an entry-level verification status on the platform. Its response rate stands at 0.00% with zero average response hours recorded, indicating no historical buyer engagement through platform messaging. This profile offers no disclosed revenue figures, employee headcount, year of establishment, or client references.

The listing presents Nada General Trade as a facilitator of large-volume crude oil transactions, specifically Nigerian-origin BLCO for Chinese port delivery. The company does not claim proprietary production, refining capacity, or terminal ownership; its role appears to be that of a trading intermediary arranging cargo title transfer through documented banking protocols. Buyers should conduct independent due diligence on corporate registration, authorisation to market Nigerian crude, and banking relationships before advancing to LOI stage. No additional product categories, certifications, or past transaction records are visible in this profile.