This is the supplier profile page of Classic Oil Nigeria Ltd, where buyers can explore products, connect directly with the supplier for pricing inquiries.
Nigeria
1.1
56 Anthony Enahor Utako Abuja FCT Nigeria
Add Favorite
Report Supplier
Business Description
We represent Genuine Crude Oil Seller in Nigeria with OPEC Procedure Transaction Procedure: BUYER AND SELLER SIGN THE SPA AND FORWARD TO THEIR BANKERS. SELLER ISSUES SBLC / BG. SELLER CHARTERS, LOADS AND MOVES LOADED VESSEL TO NIGERIAN WATER FOR Q&Q INSPECTION CONFIRMATION BY BUYER'S INSPECTORS. SELLER ISSUES ATB AND SECURITY CLEARANCE TO BUYER'S INSPECTOR'S AND SUPER CARGO TO BOARD VESSEL TO CONDUCT CONFIRMATION Q&Q ANALYSIS IN NIGERIAN WATERS. UPON SATISFACTORY COMPLETION OF Q & Q INSPECTION, SELLER SHALL AUTHORIZE THE DISCHARGE OF CARGO INTO BUYER'S RECEIVING VESSEL FOR TTT OPERATION OR BUYER'S STORAGE TANK. UPON COMPLETE DISCHARGE OF CARGO INTO BUYER'S VESSEL, SELLER WILL BE PAID BASED ON THE OUT-TURN BARRELS CALCULATED BY BUYER'S INSPECTOR'S, COPIES SENT TO BOTH PARTIES, DOCUMENTS AND TITLE EXCHANGE, BUYER'S BANK RELEASE PAYMENT BY WIRE TRANSFER WITHIN 24-48 HOURS OF COMPLETE DISCHARGE OF CARGO INTO BUYER'S RECEIVING VESSEL IN TEMA WATERS. All commissions due to the facilitators and brokers shall be paid same time
Business Overview
Avg Response Time
≤ 1h
Export Capabilities
Declared by supplierClassic Oil Nigeria Ltd has been exporting since 2011.
Export start year
2011
Trade Capabilities
Business Terms
Trade Ability
