• Company Name : ANNYSON INVEST. (NIG) LTD
  • About Us : Quantity: From two million(2,000,000) barrels, monthly for a minimum of 12 months.Price: Based upon brent price quotation published by platt's oil market wire and as determined herein. Delivery(cif) shall be out-turned defined barrels, inside customs. Platt's dated brent market wire quotation for the day before, the day of lifting, and the day after shall determine the mean average of the price less us$6.00 per barrel below the brent gross. Net to buyer us$3.00. Commission us$1.00 per barrel below the brent to the seller side agent(s), commission us$1.00. Per barrel below the brent to the buyer side agent(s) and commission us$1.00. Per barrel below the brent to the facillitators.Payment: For CIF only: Irrevocable, transferable and confirmed documentary letter of credit.Bonds: Upon receipt of buyers dlc from the bank.Lifting: Exactly(7) seven days after the confirmation of the buyers dlc, seller shall furnish buyer with reassignment of the cargo in the buyers name including the loading date and the tanker loading approval of which all these information shall be confirmed on tabloid screen viz: Shell screen(London), nnpc screen(Nigeria).Loading: Loading commences 14 days after lay can is issued by nnpc.Delivery: Delivery is affected not later than 21 daysVessel nominations, shipment& procedure:1) seller issues full corporate offer to the buyer(fco).2) buyer issues icpo to the seller.3) seller issues full style contract to the buyer.4) buyer and seller amends and returns betANNYSON INVEST. (NIG) LTDen them contract signed and sealed5) hard copies(4) of the purchase and sale contract signed and exchanged. Copies will be considered as originals.6) buyer and seller, presents to their banks the hard copies of the contracts.7) seller issues charter party agreement(cpa) for confirmation.8) buyers(wcb) world class bank issues a full operative irrevocable, transferable and confirmed documentary letter of credit with a validity of(60) sixty days in favor of the seller.9) seller within seven days or less programs and manifests cargo from the nnpc bulk equity allocation 2004 with allocation number, export permit number, authority number, vessel name and destination on shell/nnpc screen in london. A copy of this manifestation will be sent to the buyer's bank by seller's bank via swift or ktt.10) the first loading as per shipping schedule agreed in the contract on CIF terms.11) payment at the bank counter, on first presentation of the complete set of ocean bill of lading shipping documents. Commercial invoice will be issued on the bases of the certificate of discharge at the nominated discharge port; such certificate will be issued from the same inspection organization which will issue the certificate of quantity/quality, during the loading time of the tanker, at the loading port l) discount per each loaded crude oil barrel will be in us dollars $6.00 CIF less dtd brent gross and us dollars $3.00 net to the buyer. The intermediary commissions will be split 50/50 between buyer and seller side agents(s). And facillitators.
  • Product/Service : Sell Bonny Light Crude Oil
  • Country/Region : Nigeria >
  • Category : Energy > Crude Oil
  • Contact Person : Mr. Anayo Celestine
  • Link More : Nigeria Energy ,Nigeria Crude Oil
  • Telephone :
  • Fax :
  • Mobile phone :
  • Address : 89 Olaiya Street Mafoluku-ajao Estate
  • Zip Code : 23401
  • Website : www.annyson.com
  • Business Type : Agent