2 MILLION BARRELS OF BLCO IN GHANA WATERS
TRANSACTION: TTO INSTRUMENT: SBLC/ BG/ DLC DISCOUNT: $14/4 TTO PROCEDURE GHANA WATERS:
2 MILLION BARRELS OF CRUDE OIL (BLCO) AVAILABLE IN CHINA
TRANSACTION: CIF INSTRUMENT: BLOCKED FUNDS DISCOUNT: $13/4 PROCEDURE FOR CHINA CIF 1) Seller issue SPA ,Buyer sign and return the SPA with details of inspection team 2A) Seller Provide Partial POP to buyer. 2B) Buyer confirm the Partial POP (Q88 excluded) andBLOCK FUND $25million into the NNPC direct account or give SBLC 3) NNPC issues […]
2 MILLION BARRELS OF BLCO IN ROTTHADAM
TRANSACTION: CIF INSTRUMENT: SBLC DISCOUNT: $13/4 PROCEDURE FOR Rotterdam CIF 1) Seller issue SPA ,Buyer sign and return the SPA with details of inspection team 2A) Seller Provide Partial POP to buyer. 2B) Buyer confirm the Partial POP (Q88 excluded) andBLOCK FUND $25million into the NNPC direct account or give SBLC 3) NNPC issues ATV […]