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Trade Leads Directory -> All Trade Leads -> Chemicals -> Petroleum Products: Crude Oil -> Nigeria bonnylight /forcardos
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Nigeria bonnylight /forcardos (Offer to Sell)

Okpalaoiland Gas
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Trade Lead Description:

TRANSACTION PROCEDURES FOR TANKER TAKE OVER.

THE SELLER WILL ISSUE THEM SPA+LETTER OF PERFORMANCE/ INDEMNITY TO BUYER.

SELLER AND BUYER SIGN / SEAL SPA AND INDEMNITY LETTER ELECTRONICALLY AND DEPOSIT WITH THEIR RESPECTIIVE BANKS.

BUYER’S AND SELLER BANK WILL COMMUNICATE TO ACKNOWLEDEGE THE RECEIPT OF THE SIGN / SEAL SPA AND INDEMNITY LETTER

WITH 48HRS OF CONFIRMING INDEMNITY LETTER, BUYER INSTRUCT HIS BANK TO ISSUE A CONFIRMABLE CASH BACK BLOCKED MT799 (SWIFT MT 799) IN FAVOR OF SELLER VIA SWIFT TO SELLER’S BANK.




SELLER’S BANK CONFIRMS BUYER’S BANK CASH BACK BLOCKED MT799 (SWIFT MT 799) AND SELLER MOVE LOADED VESSEL TO COTONOU FOR INSPECTION BY BUYER’S NOMINATED INSPECTORS WITHIN 7 DAYS. VESSEL MASTER ISSUE A MARINE ATB TO BUYER’S INSPECTORS AND OPEN COMMUNICATION WITH INSPECTORS.

NOTE: INSPECTORS MUST BOARD WITHIN 48HRS UPON VESSEL ARRIVING IN COTONOU AND COMMUNICATION OPEN WITH SGS AND VESSEL MASTER.

F) Q&Q IS DONE & BUYER'S REPRESENTATTIVES/SUPERCAR
Type of Offer: Offer to Sell
Quantity: 4million barrel per month
Packaging: loaded cargo
Price / Incoterms Conditions: 10/6,10/5,9/6,8/5 LC

Posted from Spain - Comunidad Valencian on 2 April, 2012
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Company Details
Company Name: Okpalaoiland Gas
Contact Person: Celestine Okpala
Location: Spain - Comunidad Valencian
Hotels in Comunidad Valencian, Spain
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Classification: Chemicals - Petroleum Products: Crude Oil
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