We are interested to work as mandates to genuine Buyers /refinery or dealers companies of Crude Oil, any body interested should contact uswe can supply, direct from seller in Nigerian crude oil
Commodity” Referred to as being BONNY Light Crude Oil, elsewhere in the agreement also referred to as Bonny Light, which specifications, as specified by NNPC will be furnished by the SELLER and added as Appendix “A” to this contract agreements.
- The SELLER and the BUYER, under corporate authority and responsibility respectively represent that the SELLER is the lawful owner of the commodity, in quantity and quality as hereunder specified, and the BUYER has the full capability to purchase the said commodity.
- The BUYER desires to purchase Crude Oil (hereinafter called product) of Nigeria Origin.
- Delivery shall be Bonny Light Crude Oil of in lots of 2,000,000 BBLS (Two Million Barrels) +/_5%.
Whereas the Seller with Full Legal and Corporate Responsibility agree to sell the herein specified product and the quantity as agreed, to the Buyer, the Buyer on the other hand also with Full Legal and Corporate Responsibility agrees and is irrevocably committed to purchase the said product in the amount and quality herein stipulated. The parties mutually desire to execute The Agreement which shall be binding upon and to the benefit of the parties, their successors and assigns in accordance with the jurisdictional law of the negotiated and fully executed contract with terms and provisions hereunder agreed upon.
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The product offered by the Seller and accepted by the Buyer is Bonny Light Crude Oil that shall be lifted from NNPC equity agents share.
The Seller shall supply 6,000,000 BBLS (Two Million Barrels) monthly in lots of 2,000,000 BBLS (Two Million Barrels) +/_ 5% of crude oil. Both parties may consider additional deliveries after successfully completing this contract shipment.
Will be as per NNPC export grade specification, only water and basic sediment (B.S&W) ascertained at the port of loading shall be deducted in computing the net quantity of the Crude Oil loaded and certified in the Bill of Lading, as per the inspection certificate issued at the supply Port by “SAYBOLT” or ‘SGS’, which shall be final and binding upon the parties.
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6a. Technical Specification | & lt; /TABLE>
All Parties agree to a tolerance level of plus or minus 5% - 10% for the result of the quality inspection unless otherwise stated. The Crude Oil to be supplied under the present agreement shall be in conformity with the specification as stated and the responsibility of the Seller and inspection at the port of loading.
If the specification of the product as per inspection for NNPC Export Grade fails to conform with the Bonny Light Crude Oil specification, as agreed to in the contract, the price per barrel shall decrease by USD0.02 (two United States Cents) for each 1/10th (one tenth) of a percent above 0.15%wt, sulphur for the Crude Oil.
Specific Gravity: &am p;nb sp; & ;nbs p; 0.8459.
Water Content: &am p;nb sp; & ;nbs p; 0.2%Vol. Max.
BSW: &am p;nb sp; & ;nbs p; 0.6% Vol., Max.
Pour Point: &am p;nb sp; Below 40 Degrees F. Max
Salt: &am p;nb sp; & ;nbs p; LB per 1,000 bbl, 12, Max
Total Sulphur, wt%: &am p;nb sp; 0.14 Max
Reid Vapour Pressure: &am p;nb sp; 6.52 PSIG, Max
Carbon Residue, wt%: &am p;nb sp; 1.0, Max
VINI, PPM wt: &am p;nb sp; & ;nbs p; 2.0
Vis, CST @ 37.8 Deg C: 3.47, Min
7. Measurement and Samples | Yield C1-C4 wt%: &am p;nb sp; 2.10
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Location:
Minimum Order: 0
Price for Minimum Order: 0
(This price is only for minimum order. for large quantities, please contact)
Sample Available: no
Payment & Price Terms:
Delivery Lead Time:
Quality/Safety Certifications:
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[Related Categories:
Crude Oil,
Natural Gas
]
[Related Keywords:
Crude oil
]
Mr. Eric Ericson
(Business Development Manager)
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Company:
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Queenz
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Address:
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Hellenraadstraat 16, Eindhoven, nb, Netherlands
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Zip/Postal:
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5612jr
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Telephone:
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0031-40-2938155
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Fax:
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0031-40-2443043
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ICQ number:
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Registration required to view contact details. |
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MSN number:
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Registration required to view contact details. |
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Skype number:
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Registration required to view contact details. |
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Contact email:
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Registration required to view contact details. |
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