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PROCEDURE FOR THE TRANSACTION. 500 Million Barrels of Bulk BLCO. Buyer sends an LOI for the preparation of the ICC/NCNDA/IMFPA Agreement. LOI is addressed to The GMD OF NNPC, NNPC TOWERS, CENTRAL BUSINESS DISTRICT AREA, ABUJA.
1. Seller receives the LOI and sends ICC agreement and Memorandum of understanding document (MOU) for the 500 Million Barrels of BLCO Bulk Allocation to the Buyer.
2. Buyer Signs and returns documents within 48 hours with POF and Authority to Verify POF.
3. After seller receives Signed (MOU) documents, POF, ATV and the ICC Agreement and does His due diligence, he sends an invitation to the Buyer to send Two (2) designated names from Buyerâ??s group that will come for Verification and Confirmation in NNPC Towers, Abuja.
4. ON THE VERIFICATION DATE: - Seller meets with Buyer's men and they receive security clearance for access into NNPC Towers for Verification and Confirmation.
5. After Verification and Confirmation, Buyer receives account to block His fund. 6 Fund is blocked within 48 hours and the allocation request assigned to Buyer. 7 Buyer confirms ALLOCATION and pays brokers etc. Price is at 14 less
4. Gross = 14 Net = $8 Seller = $2 Seller Consultants/ Handlers =$1 Buyer =$2 Buyer Consultants/ Handlers =$1
| Business Type | Supplier |
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| Major Markets | Global |
| Response Time | <4h |
| Response Rate | New Supplier |
Bonny Light Crude Oil is offered by Daddyg Global Empresia Ltd., a Supplier based in United Kingdom, in wholesale quantities for importers, distributors, and trade buyers. Contact the supplier to request pricing, minimum order quantity, and shipping terms for your destination.
When importing Bonny Light Crude Oil, confirm trade terms such as FOB or CIF, packaging, and any certification or documentation you need directly with the supplier before placing a bulk order.
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When importing Bonny Light Crude Oil from United Kingdom, buyers should consider shipping terms (FOB, CIF, EXW), customs documentation requirements, and payment security. Contact the supplier to discuss the best logistics options for your destination country.
Click the "Request Quotation" button to contact Daddyg Global Empresia Ltd. directly. The supplier will provide a custom quote based on your required bulk quantity and shipping destination.
Yes, Daddyg Global Empresia Ltd. provides Bonny Light Crude Oil for bulk export from United Kingdom. You can negotiate the MOQ, packaging details, and shipping terms directly with the supplier.
Shipping terms such as FOB, CIF, or EXW can be negotiated directly with Daddyg Global Empresia Ltd.. Contact the supplier to discuss the best logistics options for importing Bonny Light Crude Oil to your country.
Send a direct message to Daddyg Global Empresia Ltd. through our platform to request a product sample before committing to a large wholesale order.
Daddyg Global Empresia Ltd. is a registered and verified supplier on EximNext. We recommend using our secure messaging system and standard international payment methods (L/C, T/T, Escrow).
Request a detailed product data sheet including grade, purity, dimensions, material composition, and applicable industry standards from Daddyg Global Empresia Ltd..
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Common payment methods include Letter of Credit (L/C), Telegraphic Transfer (T/T), Documents against Payment (D/P), and Escrow services.
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