NNPC APPROVED TANK FARM STORAGE DELIVERY OF 20,000 TO 100,000MT OF AGO WITHIN NIGERIA, COTONOU, LOME, GHANA WATERS

 🚢✨NNPC APPROVED TANK FARM STORAGE DELIVERY OF 20,000 TO 100,000MT OF AGO WITHIN NIGERIA, COTONOU, LOME, GHANA WATERS.

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DESTINATION: GHANA.

VESSEL: TBN.

PRODUCT: AGO.

SPEC: NNPC.

TERMS: TFD.

QUANTITY: 20-100MT.

PRICE: N450/2 OR $570/10.

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*KEY POINTS:*

Only for face to face meeting at the buyer's safe and comfort place in Abuja for the both parties to be together through out for a smooth and successful transaction process. *The issuance of any of the Nigerian local bank Instruments for this transaction are unacceptable..*

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*PROCEDURE FOR DELIVERY TO TANK FARM STORAGE FACILITY. QUANTITY: 20,000 TO 100,000 METRIC TON OF AGO*

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1. SELLER ISSUES PRE-SIGNED CONTRACT/SPA TO BUYER.

2. BUYER SIGNED CONTRACT AGREEMENT SEALED WITH FULL BANKING COORDINATES OF BOTH PARTIES AND THEIR AGENTS, INCLUDING THE BANKING ACCOUNTS COORDINATES/ DETAILS.

3. BUYER RETURN DULY SIGNED CONTRACT/SPA ATTACHED WITH THE FOLLOWING REQUIREMENTS AS STATED BELOW TO SELLER;

(A). MATB AND NOR/ETA FORMAT.

(B). NNPC APPROVED INSPECTION TEAM INTERNATIONAL PASSPORT DATA PAGE.

(C). THROUGH PUT RECEIPT.

(D). TANK FARM DETAILS AND LOCATION.

4. BUYER SCHEDULE A PHYSICAL MEETING AT HIS SAFE AND COMFORT PLACE IN ABUJA AND RELEASE ADDRESS OF THE MEETING VENUE TO SELLER AND SELLER MEET WITH BUYER FOR BOTH PARTIES TO BE TOGETHER THROUGH OUT FOR A SMOOTH AND SUCCESSFUL TRANSACTION PROCESS IN ABUJA. 

5. SELLER CONFIRMS TO BUYER THE RECEIPT OF THE ABOVE-MENTIONED DOCUMENTS.

6. BUYER WITHIN 24 HOURS MAKES CASH ADVANCE OR PAY N50, MILLION NAIRA CASH LOGISTICS INTO SELLER'S  ACCOUNT FOR NOMINATION OF NNPC LOADED VESSEL AND SELLER ISSUES ACKNOWLEDGMENT/ CONFIRMATION LETTER ATTACHED WITH INTERNATIONAL PASSPORT DATA PAGE TO BUYER, WHILE BOTH PARTIES ARE TOGETHER IN ABUJA.

7. SELLER/NNPC TERMINAL WITHIN 24 HOURS NOMINATE OR ASSIGN A LOADED VESSEL OR ALREADY ON VOYAGE TO THE BUYER'S TANK FARM STORAGE OR PORT OF Q/Q IN FAVOUR OF THE BUYER'S NAME AND AUTHORIZE THE LOADED VESSEL CAPTAIN TO ISSUE (NOR/ETA) AND SET SAIL TO THE BUYER'S TANK FARM OR PORT OF Q&Q, WHILE BOTH PARTIES ARE TOGETHER IN ABUJA.

8. SELLER/NNPC TERMINAL WITHIN 48 HOURS AUTHORIZE LOADED VESSEL CAPTAIN TO ISSUE NOTICE OF ARRIVAL (NOA) ON ARRIVAL AT BUYER'S TANK FARM OR PORT OF Q/Q IN FAVOUR OF THE BUYER'S NAME/ HARBOR MASTER AND THE BUYER ACKNOWLEDGE THE RECEIPT, WHILE BOTH PARTIES ARE TOGETHER IN ABUJA. 

9. SELLER/NNPC TERMINAL WITHIN 24 HOURS AUTHORIZE THE LOADED VESSEL CAPTAIN TO MAKE ANNOUNCEMENT IN FAVOUR OF THE BUYER'S NAME/HABOR MASTER FOR CONFIRMATION, ON ARRIVAL AT THE BUYER'S TANK FARM OR PORT OF Q/Q, AND THE BUYER ACKNOWLEDGE THE RECEIPT, WHILE BOTH PARTIES ARE TOGETHER IN ABUJA.

10. SELLER/NNPC TERMINAL WITHIN 24 HOURS AUTHORIZE THE LOADED VESSEL CAPTAIN TO ISSUE MATB/NNPC CLEARANCE TO THE BUYER’S INSPECTION TEAM AND THE BUYER’S INSPECTION TEAM BOARD THE SELLER/NNPC LOADED VESSEL AT THE BUYER’S EXPENSE FOR  PHYSICAL CONFIRMATION OF PRODUCT AND TO CONDUCT QUANTITY AND QUALITY (Q/Q) AT THE BUYER'S PORT, WHILE BOTH PARTIES ARE TOGETHER IN ABUJA.

11. SELLER/NNPC TERMINAL WITHIN 24 HOURS AUTHORIZE THE LOADED VESSEL CAPTAIN TO ISSUE ATTESTATION LETTER DULY COUNTER SIGNED BY BUYER'S INSPECTION TEAM AND THE BUYER'S INSPECTOR DISEMBARK WITH PRODUCT SAMPLE AND THE BUYER'S  SUPERCARGO REMAINS ONBOARD THE LOADED VESSEL, WHILE BOTH PARTIES ARE TOGETHER IN ABUJA.

12. BUYER WITHIN 48 HOURS OF SUCCESSFUL INSPECTION, BUYER’S INSPECTOR SENDS Q/Q REPORT TO BUYER AND SELLER/NNPC AND SELLER/NNPC ISSUES COMMERCIAL INVOICE AND CARGO DOCUMENTS TO BUYER AS THE CONSIGNEE  THROUGH NNPC TERMINAL OFFICIAL EMAIL DOMAIN.

13. BUYER'S BANK WITHIN 48 HOURS SWIFT MT103 FOR TOTAL CARGO TO SELLER/NNPC NOMINATED BANK.

14. SELLER/NNPC TERMINAL WITHIN 24 HOURS AUTHORIZE VESSEL CAPTAIN TO DISCHARGE PRODUCT INTO BUYER'S TANK FARM STORAGE FACILITY.

15. BUYER WITHIN 48 HOURS EFFECTS PAYMENT FOR THE FULL PRODUCT AND IS MADE TO SELLER’S/NNPC NOMINATED BANK AND ALL COMMISSIONS ARE SIMULTANEOUSLY PAID.

16. SELLER/NNPC TERMINAL WITHIN 24 HOURS SENDS ALL ORIGINAL CARGO AND TITLE DOCUMENTS TO BUYER AS THE CONSIGNEE.

17. SELLER/NNPC TERMINAL WITHIN 48 HOURS AUTHORIZE VESSEL CAPTAIN TO SAIL TO NNPC TERMINAL.

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FOR YOUR INFORMATION:

NO MODIFICATION OR AMENDMENT TO THE PRESENT CONTRACT SHALL BE BINDING UNLESS AGREED BY BOTH PARTIES IN WRITING.

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