Product Specifications

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Product Description

Overview

Quick Details

Place of Origin: Nigeria

Brand Name: GB

Type: BLCO

Application: Oil Product

Grade: OPEC

Supply Ability

Supply Ability: 20000000 Barrel/Barrels per Week

Packaging & Delivery

Direct Bonny Light Crude Oil (BLCO) CIF Rotterdam / ASWP Supplier

We represents direct title holders and direct suppliers of crude oil via CIF Rotterdam/ASWP buying procedures and buyers of bulk crude oil worldwide.

Bonny Light crude oil is considered to be one of the best crude oil in the world because it is easy to refine as a result of the low sulfur content. Due to this factor, BLCO is highly sought after. The conundrum buyer’s face with purchasing BLCO is finding the right supplier that can actually deliver the product.

BLCO / Bonny Light Crude Oil Supplier CIF Rotterdam Procedures;

With today's ever increasing demand for bulk crude oil, it is imperative to get product when you need it. GTV provides the most reliable bulk crude oil purchasing and marketing services available. GTV provides CIF Rotterdam based crude oil purchasing procedures that are straight forward and 100% verifiable.

OUR BLCO Bonny Light Crude Oil CIF Rotterdam OFFER

Non-negotiable particulars for purchase of the following:

Product: Bonnie Light Crude Oil CIF

Origin: Nigeria through a JV with NNPC & Shell

Quantity: 2M Bbl lots monthly and multiples thereof

Term: 12 months w/R&Es

Port of origin: Bonny Terminal

Price:CONTACT US FOR CURRENT PRICING

Commissions: WILL BE PROVIDED

Please Note: the procedures are not negotiable as they are set by the NNPC not the seller.

Bonny Light Crude Oil (BLCO) CIF Rotterdam Procedures

Required to Proceed: Specification, Quantity, Frequency of pick-up

The BLCO / Bonny light crude oil procedures are not negotiable Please Do Not Ask.

1) Buyer and Seller sign the Sales / Purchase Contract Agreement with banking coordinates and deposit signed SPA at their respective banks. The electronic signed SPA is legally binding upon all parties involved.

2) Seller sends Buyer ATS for Bulk Allocation to be verified by NNPC Bonny Terminal.

3) Buyer charters Vessel and sends following documents to the Seller: CPA, Payment receipt to the CPA, Q88 and ATL.

4) Seller instructs Bonny Terminal to issue NOR / LAYCAN to Buyer's Vessel which shall reply / confirm with an ETA within 12 hours.

5) BUYER sends their ATB format with supercargo and inspector details including passport and contact details to SELLER and Buyer's Bank issue to Seller's Bank an SBLC / BG / IDLC as approved verbiage at Appendix B in favor of Seller for the value of the full month cargo to be activated by Seller's Bank 2% PB.

6) Upon arrival of the Buyer's Vessel, Seller loads the vessel with full vessel document issued under Buyer's name.

7) ATB issued to the BUYER's inspector and supercargo. Q&Q is conducted by Buyer's Inspectors of which costs are paid by Buyer.

8) Upon a satisfactory Q&Q report, Buyer effects full Payment by MT103, receives all Cargo documents incl. Title and sails with the Vessel to his POD. Procedure starts at (3) for the next vessel immediately with Buyer Bank's IRDLC for the rest of the Contract to be activated by Seller Bank's 2% PB, unless otherwise agreed by the Parties, Seller and Buyer.

Bonny Light Crude Oil BLCO SPECIFICATIONS

Conforms to Official NNPC Specification:

a) Specific Gravity @600 deg.F: 0.8398-0.8498

b) API Gravity @600 deg.F: 35.0 - 37.0

c) Water content by Distillation: 1% (VOLUME) max

d) BS&W (CENTRIFUGE): 0.06 - 0.2% Vol

e) Upper Pour Point: Below 400 deg. F

f) Sulphur Content: Less than 0.14% (Volume)

g) Reid Vapor Pressure: 6.52 Psig max

h) Salt Content (PTB): 3.16 max

i) Colour: Dark Brown

j) Acid number: 0.39 max

k) Iron wt, ppm: 1.00 max

1) Vanadium wt, ppm: 2.00 max

m) Nickel wt, ppm: 4.00 max

n) Salinity: P.T.B. at 0.10% bs& w 47 max

Supply Ability

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Packaging and Shipping

Lead time

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Port

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Packaging details

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