Import Bonny Light Crude Oil — Buy in wholesale FOB from Supplier in Philippines
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Bonny Light Crude Oil
Mark Francis offers Bonny Light Crude Oil sourced from the Philippines for export to international buyers. The listing specifies a minimum order of one million barrels. Discounts are offered between ten and twelve US dollars per barrel, varying with the destination port. Transactions are secured by a two percent performance bond and require no upfront payment.
Bonny Light is classified as a light, low‑sulphur crude, typically featuring an API gravity of thirty‑five to thirty‑eight degrees. Industry standards usually limit sulfur content to no more than zero point two percent by weight. Viscosity at forty degrees Celsius is generally in the range of two to three centistokes, and the pour point is commonly below minus ten degrees Celsius. These characteristics make the crude suitable for high‑conversion refineries that target gasoline and diesel yields.
Primary buyers include downstream refineries and petrochemical plants seeking a clean feedstock. The supplier states that a written authorization from the Nigerian National Petroleum Corporation is mandatory before shipment. Buyers should confirm the applicable incoterm, expected vessel loading schedule, and the method for handling the performance bond.
| Minimum Order Quantity | 1,000,000 barrels |
| Discount range | $10 - $12 per barrel (depends on destination port) |
| Performance bond | 2% of contract value |
| Payment condition | No upfront payment required |
| Authorization required | Direct written authorization from NNPC |
| API Gravity (typical) | 35 - 38 °API |
| Sulfur content (typical) | ≤0.20% wt |
| Viscosity at 40 °C (typical) | 2 - 3 cSt |
| Pour point (typical) | ≤ -10 °C |
| Typical delivery ports | Any international port specified by buyer |
Mark Francis operates from Quezon City, Philippines, as indicated by the listed address "42 A Blk 23 Road 23 Project 2, Quezon City, 1870, Philippines". The supplier is assigned a harbor trust tier and currently shows a zero percent response rate, meaning no replies have been recorded to inquiries sent through the platform.
The company’s current offering focuses on Bonny Light Crude Oil and other petroleum products, targeting serious buyers who can provide the required NNPC authorization. No additional corporate history, employee numbers, or client references are supplied in the listing, and the seller does not disclose any certifications or quality guarantees beyond the performance bond arrangement.
| Business Type | Supplier |
| Year Established | Recently Joined |
| Employees | Contact Supplier |
| Annual Revenue | Contact Supplier |
| Main Products | View Products Tab |
| Major Markets | Global |
| Response Time | <4h |
| Response Rate | New Supplier |
Sourcing Bonny Light Crude Oil from Mark Francis - Philippines Import Guide
Before placing an order, verify the supplier’s legal status in the Philippines and confirm the authenticity of the NNPC authorization requirement. Request copies of any licences, corporate registration, and the performance bond terms to ensure contractual security. It is also advisable to check the supplier’s response history and trust tier for additional risk assessment.
Clarify the intended incoterm with the seller, as the listing does not specify a default term. Typical arrangements for crude oil include CIF or FOB, and the buyer should agree on vessel loading dates and expected lead time, which are not disclosed in the source data. Payment methods, such as a letter of credit, should be aligned with the no‑upfront‑payment condition while still providing financial protection for both parties.
Arrange for independent quality verification by requesting a recent assay report that includes API gravity, sulfur content, viscosity and pour point. Consider appointing a third‑party inspection agency to monitor loading at the export terminal and to certify the volume transferred. Ensure that all certificates of analysis, bill of lading and customs documentation are obtained before the cargo departs the port.
Active buying requirements from importers looking for Similar products
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30 suppliersBuy Bonny Light Crude Oil in Bulk — Verified Supplier in Philippines
When sourcing Bonny Light Crude Oil for your business, securing the right balance of quality and cost is essential. Mark Francis, a verified supplier based in Philippines, offers this product for international export. By purchasing directly from the manufacturer or authorized exporter, buyers can negotiate favorable FOB prices starting at $12/Bags and manage bulk orders with a minimum order quantity (MOQ) of 1 Bags. This product is a staple in the Petroleum By Products sector with strong demand from importing countries worldwide.
Bonny Light Crude Oil Specifications, Trade Terms & Pricing
Importing Bonny Light Crude Oil requires careful attention to shipping logistics, customs compliance, and secure payment terms. Mark Francis offers flexible shipping options such as Full Container Load (FCL) or Less than Container Load (LCL) via sea freight. Common payment methods for international B2B transactions include Letter of Credit (L/C), Telegraphic Transfer (T/T), and Documents against Payment (D/P). All transactions and RFQs are facilitated through EximNext, a leading import export marketplace designed to make cross-border trade secure and efficient.
About Mark Francis — Supplier in Philippines
Finding trustworthy partners is the foundation of successful importing. The supplier of this Bonny Light Crude Oil has been verified on our platform. Whether you are a distributor, wholesaler, or procurement manager, you can request a free quotation, ask for product samples, and finalize your bulk purchase with confidence. EximNext hosts thousands of verified manufacturers and exporters across 200+ countries. Explore similar products in the Petroleum By Products category and connect with top-tier exporters on our comprehensive online B2B marketplace. Start your sourcing journey today.
Import Bonny Light Crude Oil — Shipping, Logistics & Customs
Importing Bonny Light Crude Oil requires careful attention to shipping logistics, customs compliance, and secure payment terms. Common shipping options include Full Container Load (FCL) or Less than Container Load (LCL) via sea freight. Buyers should verify import duties in their destination country. Common payment methods include Letter of Credit (L/C), Telegraphic Transfer (T/T), and Documents against Payment (D/P).
Frequently Asked Questions About Bonny Light Crude Oil
What is the wholesale price of Bonny Light Crude Oil?
The current listed wholesale price for Bonny Light Crude Oil from Mark Francis is $12/Bags on FOB terms from Philippines. Prices may vary depending on order volume, packaging, and destination. For the most accurate bulk quote, send a direct RFQ to Mark Francis through EximNext.
What is the Minimum Order Quantity (MOQ) for Bonny Light Crude Oil?
The supplier, Mark Francis, has set a Minimum Order Quantity (MOQ) of 1 Bags for Bonny Light Crude Oil. For sample requests or smaller trial orders, contact the supplier directly through our platform's inquiry system.
What is the HS Code for Bonny Light Crude Oil?
The HS Code classification for Bonny Light Crude Oil depends on the specific grade and form. Contact Mark Francis through EximNext for the exact HS Code and customs documentation required for your destination country.
How can I import Bonny Light Crude Oil from Philippines?
To import Bonny Light Crude Oil from Philippines, negotiate shipping terms (FOB, CIF, or EXW) directly with Mark Francis. Ensure you have the necessary import licenses for Petroleum By Products products in your destination country.
Is Mark Francis a verified supplier?
Yes, Mark Francis is a verified supplier on EximNext. You can view their complete company profile, business registration details, certifications, and export history before placing a bulk order.
What are the key specifications of Bonny Light Crude Oil?
For a complete technical data sheet or Certificate of Analysis (COA), send an inquiry directly to Mark Francis through EximNext.
What packaging options are available for bulk orders of Bonny Light Crude Oil?
Mark Francis offers Bonny Light Crude Oil with standard export packaging. Custom packaging, private labeling, and OEM/ODM options may also be available for large wholesale orders.
Which countries import Bonny Light Crude Oil the most?
Bonny Light Crude Oil is actively imported by buyers worldwide. Request a destination-specific CIF or CFR quote from Mark Francis through our platform.
What certifications does this Bonny Light Crude Oil supplier hold?
Mark Francis maintains international quality certifications. These ensure that the Bonny Light Crude Oil meets international quality, safety, and regulatory standards required for cross-border trade.
How do I place a bulk order for Bonny Light Crude Oil on EximNext?
Click "Request Quotation" on this product page, specify your required quantity, preferred shipping terms, and destination country. Mark Francis will respond with a detailed wholesale quote including FOB pricing, lead time, and payment options.
What payment methods are accepted?
Common payment methods include Letter of Credit (L/C), Telegraphic Transfer (T/T), Documents against Payment (D/P), and Escrow services. Confirm accepted terms directly with Mark Francis.
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