About Us:

We are a licence company and we are operating directly under nnpc we have product and we are tired of buyers claming that they is no seller and would want a seller to send pop before anything. We are looking for serious buyer/mandate who is ready to veiw our procedure and sign spa after which the buyers bank will send a icpo bank endoresed(stating thier ability to back the buyer only)to my seller bank. My sellers bank issues to the buyers bank the 2% bond together with windows to the cargo and cpa(charter party agreetment). Seller will not give pop until a buyer bank has sent the icpo.Do not contact if you are not the buyer/mandate. We are tired of people claiming to be buyers mandate only to find out along the way that they are just agent and want the seller to sign a ncndc in thier favour. We dont want agents only direct source to the buyer will be entertained. We can offer the buyer 1/10m/b/m for 24m. Below is our procedure. Procedure on CIF1. Seller and buyer initial and sign the spa.2. Buyers bank issue to the sellers bank the buyers bank endorsed icpo.3. The sellers bank issues to the buyers bank the 2% performance bond together with windows to the cargo and cpa(charter party agreetment).4. Buyers bank issues to the sellers bank l/c in favour of seller.5. Sellers commence loading after confirmation of the buyers l/c within 14 days.6. Seller delivers products to the discharge port within 21 days after the loading datePrice: Us$3.00 below the brent. Us$2.00 net to the buyer and us$1.00 to the seller/buyers mandate.Procedure on FOB8.1 the seller provides a draft contract for the buyers approval.8.2 the buyer and the seller agree on the draft contract format, sign and seal. Hard copies are then exchanged.8.3 buyer pays the programming and reassignment fee to ppmc account, through a letter of undertaking or letter of credit(l/c) to be made payable 48 hours(forty eight hours)after all documents are with european bank. Letter of undertaking to be opened immidiately before reasignment and programming commences..8.4 seller reassigns product to reflect buyers name and allow confirmation by buyer on the shell london screen8.5 within 7 days after seller has provided and buyer has received and approved the following documents: -A. Programming on shell screen indicating buyers name inclusive of 3 day loading widow.B. Programming by nnpc operationsC. Details at lloyds, londonThe seller also to provide and the buyer to confirm the receipt of and approval of the following:A. Allocation numberB. Export license numberC. Reference numberThereafter the buyer will open an irrevocable documentary letter of credit in favour of the seller and other beneficiaries as specified in clause 7.1 of the agreement.8.6 vessel will be called in for loading. Inspectors conduct quality and quantity inspection before and after the actual loading and endorsed by the vessel captain.8.7 full documents are collated and presented to buyers bank.8.8 payments are made by swift wire transfer directly to the nominated bank accounts within 14(fourteen) days after presentation of stated documents at buyers bank.8.9 price: Us$5.00 below the brent. Us$4.00 net to the buyer and us$1.00 to the seller/buyers mandate.Agent pleae do not contact we will deal with only serious buyers who have viewed our procedure and ready to do bussiness. We are still searching for the buyer that can prove us wrong.