Gabrich full corporate_offer_july_to_sept_2015

GABRICH Global Services Limited-RC761010
. . . Consistently Excellent Oil & Gas Services
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FULL CORPORATE OFFER-(FCO) FOR SALES AND PURCHASE
OF NIGERIA BONNY LIGHT CRUDE OIL- (OFF-OPEC).
Our Ref: GGSL/NBLCO/FCO/06/2015
Date Issued: 1st July, 2015
Expiry Date: September, 2015
To: Reseller/ Intermediary/ Buyer Mandate & End Buyer
Dear Sir,
SUBJECT: Sale and Purchase of Bonny Light Crude Oil
GABRICH Global Services Limited is a reputable indigenous company set up in 2005 as
GABRICH Global Concept and was registered with The African Trade Centre- As Honorary
Partner of The Foundation For The Development Of Africa (FDA), Supporting the promise . . .
Lets Trade.
In 2008, The Company was incorporated as a Limited Liability with the Corporate Affairs
Commission (CAC) under the Company and Allied Matters Act 1990 of the Federal Republic
of Nigeria- RC 761010, Established as Engineering, Procurement and Construction (EPC)
Services provider, to render range of professional services in the Upstream and Downstream
sectors of the Oil & Gas industry, construction companies and Government sectors.
The company is licensed by the Department of Petroleum Resources (DPR) to undertake
projects under Engineering, Procurement, Construction, Installation and Commissioning
(EPCIC).
In pursuit of Sustainable Growth of the company, we added Business Development
Consultancy Services which includes Nigeria Bonny Light Crude Oil Marketing as part of our
global services.
In an effort to reach a successful resolution, we GABRICH Global Services Limited, acting
with full corporate responsibility and authority as Oil & Gas Consultant/Mandate With
NNPC/JVOPS Sellers Both OPEC & OFF-OPEC Record With (COMD) representing NNPC
Terminal Trading Companies of OFF-OPEC Bonny Light Crude Oil, hereby wish to confirm
that we are willing and able to transact and supply Nigeria Bonny Light Crude Oil (NBLCO)
under following terms and conditions; and have been authorized to negotiate on behalf of
NNPC Terminal based on our stimulated agreement with buyer.
Hereby submit, on behalf of NNPC/JVC Terminal Trading Companies our FULL
CORPORATE OFFER for supply of 2 million minimum per month of NNPC OFF-OPEC
Crude Oil for a period of 1 Year with rollover based on the following terms and conditions:

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PROOF OF PRODUCT/CARGO INFORMATION ALLOCATION DETAILS:
NOTE:
WE HAVE DIFFERENT PROOF OF PRODUCTS BASED ON DIFFERENT SELLERS. PROOF OF
PRODUCT WILL BE INSERTED INSIDE THE SALES AND PURCHASE AGREEMENT (SPA)
THE PRODUCT OFFERED BY THE SELLER AND ACCEPTED BY THE BUYER IS BONNY
LIGHT CRUDE OIL THAT SHALL BE LIFTED FROM NNPC BULK APPROVED EQUITY
ALLOCATION SHARE-OFF OPEC RECORD.
QUALITY: NIGERIAN LIGHT CRUDE OIL OF STANDARD EXPORT GRADE.
BONNY LIGHT CRUDE OIL SPECIFICATION
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 USD 0.02 (two United States Cents) for each 1/10th
(one tenth) of a percent
above 0.15% wt., Sulphur for the Crude Oil.
QUANTITY: Shipment 2 Million Barrels On CIF PER (MONTH/ 1YR) ROLLOVER
STANDARD EXPORT SPECIFICATION NIGERIAN BONNY LIGHT CRUDE OIL
(BLCO)
1 Specific Gravity at 60ºC 0.8397 - 0.8498
2 API Specific Gravity at 60ºC 35.0 (35.1)
3 Density at 60 ºC 0.85 max
4 Pour Point Below 40ºF
5 Sulfur Content, % Wt. 0.50 max
6 Colour Dark Brown
7 Salinity TB at 0.10% BS&W 47 max
8 Acid Number 0.39 max
9 Reid Vapour Pressure 6.52 psig max
10 Water Content, Pct.(%) 0.50 max
11 Sediment Content, Pct.(%) 0.50 max
12 Iron Wt. Ppm 1.00 max
13 Nickel Wt. Ppm 4.00 max
14 Vanadium Wt. Ppm 2.00 max
If the specification of the product as per inspection for NNPC Export Grade fails to

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conform with the Bonny light Crude Oil specification, as agreed to in the contract,
the price per barrel shall decrease by USD 0.02 (two United States Cents) for each
1/10th (one tenth) of a percent above 0.15% wt., Sulphur for the Crude Oil.
Please, note that the lifting of the Crude Oil will be made through the Bulk Equity
Allocation in the 3rd Quarter of the year 2014 and also the transaction is off OPEC
records.
NON- NEGOTIABLE SELLER PROCEDURES – NNPC
DIRECT TERMINAL
NNPC OFFER FOR CIF WITH PAST PERFORMANCE & PPOP, WITH A
2% PERFORMANCE BOND ADVANTAGE. Financial Bank Instrument and
Final Payment into NNPC Account. (CIF / TTT/TTO)
GROSS: USD$12
NET: 7USD
COMMISSION: USD$5
SELLER SIDE: USD$3 CLOSED
BUYER SIDE: USD$2 OPEN
. OR
GROSS: USD$13
NET: 7USD
COMMISSION: USD$5
SELLER SIDE: USD$3 CLOSED
BUYER SIDE: USD$2 OPEN

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SHIPMENT & PROCEDURES
1. NNPC Bonny Terminal and Buyer countersign the SPA contract. SPA documents are
lodged in their respective banks which are binding, enforceable and cannot be changed.
Necessary or relevant third Party Documents are allowed in all communications.
2. NNPC Bonny Terminal sends CLASSIFIED past performance documents to buyers,
Buyer opens the Non-operative, Non-transferrable, Confirmable and Revolving Bank
Guarantee (BG) OR SBLC directly into NNPC Bank via MT799/MT 760, within 10 (Ten)
international banking days after the date of signing SPA.
3. NNPC Bonny Terminal opens the 2% Revolving Performance Bond within 7 (seven)
international banking days after receiving the SWIFT MT 760 ( BG) OR SBLC to
activate the L/C.
4. After receiving SBLC, NNPC Bonny Terminal nominates a vessel and pays for the
charter, then both parties signs charter party agreement (CPA).
5. NNPC Bonny Terminal positions vessel and loads with cargo within 7 working days
after the day of receiving the L/C.
6. Master of vessel shall send E.T.A. to Buyer’s discharge port.
7. Payment by Buyer for the crude oil and all commission to be effected by TT for the
value of crude oil indicated in the Seller’s correct invoice. All Payments shall be made
within THREE international banking days after completion of discharge at the Buyer’s
Discharge Port and final Q&Q of turn- out barrels confirmed by SGS or equal.
NNPC BONNY OCEAN TERMINAL PROCEDURE FOR FOB- (WITHOUT
BANK INSTRUMENT)
GROSS: USD$14
NET: 9USD
COMMISSION: USD$5
SELLER SIDE: USD$2.50 CLOSED

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BUYER SIDE: USD$2.50 OPEN
1. Below is the procedure for a buyer that has vessel to load direct from
NNPC Bonny Ocean Terminal (FOB).
NNPC Bonny Terminal issues draft Sales And Purchase Agreement (SPA)
with Proof Of Product (POP) details. The proof of product can only be
confirmed in Nigerian National Petroleum Corporation, Abuja and Bonny
Terminal, Port Harcourt and Not NNPC, London or elsewhere outside
Nigeria.
2. Buyers confirm the Lay can details and Proof Of product (POP) given on
the first page of the contract and sign and return Sales And Purchase
Agreement (SPA) with details of his Vessel: Name of Vessel, IMO Number,
Call Sign, CPA, Q88, Charterer Invoice and Authority to Load, Domain
Email Address of Captain and Emails of Buyer’s representative to copy.
3. NNPC Bonny ocean Terminal send acknowledgment letter to the buyer
to proceed with the payment of Programming and Custom/Naval
Clearances Certificate which enable buyers details to be programmed
in NNPC/SHELL SCREEN MARKET WEBSITE and enter the Terminal to load.
(Payment shall be made directly into NNPC Bank Account).
4. NNPC Bonny Ocean Terminal confirms the payment and calls buyer's
vessel for programming and loading of the product and buyer shall
conduct an independent verification of such programming (LAYCAN
and Window dates).
5. After loading, NNPC Bonny Ocean Terminal provides details of
preliminary documents of loading to Buyer for confirmation in the name
of Buyer for his independent verification, for the Cargo of Two Million
(2,000,000) Barrels, officially assigned in Buyer’s name as the consignee
of product by the officers in marine and shipping department of the
Nigerian National Petroleum Corporation (N.N.P.C) Bonny Ocean
Terminal (Proof of Product) the complete full set of original shipping
documents after loading in favor of the Buyer including:

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Authority To Sell.
Full Set of 3 Original and non-negotiable Copies of Bill of Lading.
1 Original and 3 Copies of Certificate of Quantity.
1 Original and 3 Copies of Certificate of Quality.
1 Original and 3 Copies of Certificate of Origin.
1 Original and 3 Copies of Master’s Receipt of Samples
1 Original and 3 Copies for Master’s Receipt of each one-copy
document
1 Original Ullage Report issued at loading Terminal.
1 Original and 3 Copies of Cleanliness Report at loading Port.
1 Original and 3 Copies of Customs clearance certificate.
6. Upon confirmation of the preliminary documents of loading, the buyer’s
captain gives attestation to the buyer that they have successfully
loaded into buyer’s vessel and the product is in their possession.
7. Buyers bank swift’s MT103 payment via wire transfer to NNPC and all
other commissions to intermediaries Bank Accounts.
8. NNPC Bonny Terminal advises Master of the vessel to set sailing to Buyer’s
discharge port of destination and Vessel discharges into buyer’s Tank
Farm.
NNPC BONNY OCEAN TERMINAL PROCEDURE FOR FOB- (WITH BANK
INSTRUMENT, BUT NOT UPFRONT)
GROSS: USD$14
NET: 9USD
COMMISSION: USD$5
SELLER SIDE: USD$2.50 CLOSED

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BUYER SIDE: USD$2.50 OPEN
1 Below is the procedure for a buyer that has vessel to load direct from NNPC
Bonny Ocean Terminal (FOB).
NNPC Bonny Terminal issues draft Sales And Purchase Agreement (SPA) with Proof
Of Product (POP) details. The proof of product can only be confirmed in Nigerian
National Petroleum Corporation, Abuja and Bonny Terminal, Port Harcourt and Not
NNPC, London or elsewhere outside Nigeria.
2 Buyers confirm the Lay can details and Proof Of product (POP) given on the first page
of the contract and sign and return Sales And Purchase Agreement (SPA) with details
of his Vessel: Name of Vessel, IMO Number, Call Sign, CPA, Q88, Charterer Invoice
and Authority to Load, Domain Email Address of Captain and Emails of Buyer’s
representative to copy.
3 NNPC Bonny ocean Terminal send acknowledgment letter to the buyer to proceed with
the payment of Programming and Custom/Naval Clearances Certificate which enable
buyers details to be programmed in NNPC/SHELL SCREEN MARKET WEBSITE
and enter the Terminal to load. (Payment shall be made directly into NNPC Bank
Account).
4 NNPC Bonny Ocean Terminal confirms the payment and calls buyer's vessel for
programming and loading of the product and buyer shall conduct an
independent verification of such programming (LAYCAN and Window dates).
5 After loading, NNPC Bonny Ocean Terminal provides details of preliminary
documents to Buyer for confirmation to enable buyer issue MT 799 or MT 760 for
NNPC to issue documentation of loading in the name of Buyer for his independent
verification. The Cargo of Two Million (2,000,000) Barrels, will be officially assigned
in Buyer’s name as the consignee of product by the officers in marine and shipping
department of the Nigerian National Petroleum Corporation (N.N.P.C) Bonny Ocean
Terminal (Proof of Product) the complete full set of original shipping documents after
loading in favor of the Buyer including:
Authority To Sell.
Full Set of 3 Original and non-negotiable Copies of Bill of Lading.
1 Original and 3 Copies of Certificate of Quantity.
1 Original and 3 Copies of Certificate of Quality.
1 Original and 3 Copies of Certificate of Origin.

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1 Original and 3 Copies of Master’s Receipt of Samples
1 Original and 3 Copies for Master’s Receipt of each one-copy document
1 Original Ullage Report issued at loading Terminal.
1 Original and 3 Copies of Cleanliness Report at loading Port.
1 Original and 3 Copies of Customs clearance certificate.
6 Upon confirmation of the placement of the instrument in favor of NNPC, NNPC Bonny
Terminal advises Master of the vessel to set sailing to Buyer’s discharge port for
destination inspection.
7 Vessel issues a Marine NOR/ETA to Buyers Port of discharged. Upon arrival at Buyers
Port of discharge, Buyers independent inspectors perform destination inspection to
confirm out turn of barrels.
8 Buyers bank swift’s MT103 payment via wire transfer to NNPC and all other
commissions to intermediaries and Vessel discharges into buyer’s Tank Farm.
CONSIGNEE / RESELLER AND FIDUCIARY SELLERS
PROCEDURES – DIRECT NNPC TERMINAL LOADING
NO.1
PROCEDURE WITH PROOF OF FINANCIAL CAPACITY VIA
SWIFT MT-799 TO SELLER’S (C.I.F)
GROSS: USD$12-
DISCOUNT: USD$8.
COMMISSION: USD$4.
SHARING FORMULA- USD$2 FOR SELLERS AGENT CLOSED.
USD$2 FOR BUYERS AGENT FULLY OPEN.
1 Seller issues Sales Purchase Agreement. (S.P.A) with Passport and ATS appended.
(ANNEX D & E)
2 Buyer accepts/sign’s (S.P.A) and issues Proof of Financial capacity via SWIFT
MT-799 to seller’s fiduciary bank as per attached Verbiage.**ANNEX B**

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3 Sellers nominate, laycan’s, loads and moves vessel to buyers discharge Port and
avails buyer full set of loading documents.
List of the documents to be provided:
• Clean Ocean Bill of Lading, One (1) Original and three (3) copiers.
• Seller’s Commercial Invoice, One (1) Original and three(3) copies.
• SGS/Saybold Certificate of Quality and Quantity, One(1) Original and
three (3) copies
• Certificate of Origin issued by NNPC, One (1) Original and three (3)
copies
• Certificate of Authenticity issued by NNPC, One (1) original and three
(3) copies.
• Master’s receipt for Samples.
• Master’s receipt for Documents
• Cargo Manifest
• Cleanness report at loading Port and Lines B Charter Party
Agreement.
• Authority To Sell (ATS) from NNPC
4 Seller authorizes Vessel Captain to give Notice of Readiness (N.O.R/ETA) to
buyers discharge Harbor/Tank.
5 Seller issues Authority to Board (ATB) to enable buyer’s independent inspector’s
board for Quality and Quantity (Q&Q) analysis at agreed designated location.
6 On successful conclusion of Q&Q analysis, buyer issues MT-103/23 to sellers Bank
for confirmation.
7 All Original Cargo Documents shall be transferred to buyer.
8 Transshipment to buyer's Storage Tank commences.
9 Payment for Product and commissions is released to seller and all agents
nominated banks; 72 hours after transshipment of product by MT-103(swift transfer) at
out turn barrels upon presentation of the transaction documents at buyer’s bank.
NO.2
PROCEDURE WITH PRE-ADVISE IN-OPERATIVE ,
CONFIRMABLE, TRANSFERABLE DOCUMENTARY
LETTER OF CREDIT VIA MT-700. (C.I.F)
GROSS: USD$12-
DISCOUNT: USD$8.

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COMMISSION: USD$4.
PROCEDURES (C.I.F)
1 Seller issues Sales Purchase Agreement. (S.P.A), Buyer signs and return with port
of discharge and NOR detail. Seller issues corporate purchase Invoice.
2 Buyer’s bank issues in favor of seller a pre-advise in-operative , confirmable,
transferable documentary letter of credit via MT-700.
3 Sellers nominate, laycan’s, loads and moves vessel to buyers discharge Port and
avails buyer full set of loading documents.
• Seller’s Commercial Invoice, One (1) Original and three(3) copies.
• SGS/Saybold Certificate of Quality and Quantity, One(1) Original and
three (3) copies
• Certificate of Origin issued by NNPC, One (1) Original and three (3)
copies
• Certificate of Authenticity issued by NNPC, One (1) original and three
(3) copies.
• Cargo Manifest
• Cleanness report at loading Port and Lines B Charter Party
Agreement.
4 Seller authorizes Vessel Captain to give Notice of Readiness (N.O.R/ETA) to buyers
discharge Harbor/Tank.
5 Seller issues Authority to Board (ATB) to enable buyer’s independent inspector’s board
for Quality and Quantity (Q&Q) analysis at agreed designated location.
6 On successful conclusion of Q&Q analysis, buyer issues MT-103/23 to sellers Bank for
confirmation.
7 All Original Cargo Documents shall be transferred to buyer.

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8 Transshipment to buyer's Storage Tank commences.
9 Payment for Product and commissions is released to seller and all agents nominated
banks; 72 hours after transshipment of product by MT-103(swift transfer) at out turn barrels
upon presentation of the transaction documents at buyer’s bank.
NO.3
PROCEDURE WITH Buyer’s bank contacts Seller’s fiduciary bank
via pre-advice (SWIFT MT.199) as stated in "ANNEX C"
indicating interest to issue an operative, transferable Standby
Letter of Credit (SBLC via SWIFT MT760) (C.I.F)
GROSS: USD$12-
DISCOUNT: USD$8.
COMMISSION: USD$4.
PROCEDURES (C.I.F)
1. Seller issues Sales Purchase Agreement. (S.P.A), Buyer sign's and return with port of
discharge and NOR detail.
2. Buyer’s bank contacts Seller’s fiduciary bank via pre-advice (SWIFT MT.199) as stated
in "ANNEX C" indicating interest to issue an operative, transferable Standby Letter of
Credit (SBLC via SWIFT MT760) based on the agreed SBLC verbiage according to “ANNEX
B” of this agreement..
3. Seller’s fiduciary bank confirms to the buyers bank via pre-advise that it is ready
willing and able (RWA) to issue a 2% Performance Bond of the equivalent of the first
delivery of 2 Million BBL after confirmation of Buyer’s transferable SBLC.
4.Upon receipt of Seller’s RWA pre-advise, Buyer’s bank will automatically issue the SBLC
to Seller’s fiduciary bank. Seller’s fiduciary bank reciprocates with a 2% Performance
Bond.
5. Seller nominate, Laycan (Programming), loads and commences movement of vessel to
buyers discharge Port and avails buyer full set of loading documents.
• Seller’s Commercial Invoice, One (1) Original and three (3) copies.
• SGS/Saybold Certificate of Quality and Quantity, One(1) Original and three (3)
copies
• Certificate of Origin issued by NNPC, One (1) Original and three (3) copies
• Certificate of Authenticity issued by NNPC, One (1) original and three (3) copies.

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• Cargo Manifest
• Cleanness report at loading Port and Lines B Charter Party Agreement.
6. Seller authorizes vessel captain to give Notice of Readiness (N.O.R/ETA) to buyers
discharge Harbor/Tank.
7. Seller issues Authority to Board (ATB) to enable buyer’s independent inspector’s board
for Quality and Quantity (Q&Q) analysis at agreed designated location.
8. On successful conclusion of Q&Q analysis, all original cargo documents shall be
transferred to Buyer's name.
9. Transshipment to buyer's storage tank commences.
10. Payment for product and commissions is released to seller and all agents nominated
banks; 72 hours after transshipment of product by MT-103 (swift transfer) at out turn
barrels upon presentation of the transaction documents at buyer’s bank.
NO.4
CIF PROCEDURE FOR NON-OPERATIVE STANDBY LETTER OF
CREDIT (SBLC) VIA MT760 BLOCK FUND TO SELLER WITH A 2%
PERFORMANCE BOND
1. Seller send official FCO to the buyer on seller's letter head included the product
specifications.
2. Buyer sends ICPO with full bank details and full signatory details.
3. Seller and Buyer sign SPA which include the Seller’s NNPC/JVC Proof Of Product
(POP) from Bulk Equity Account with Share Allocation details confirmable at NNPC
Crude Oil and Marketing Department, Off-OPEC Division Data Base, NNPC/JVC
Bonny, and deposit same with their respective Banks. (E-mail and Facsimile copies
shall be accepted as originals).
4. Upon confirmation of the Proof of Product (POP), Buyer’s bank SWIFT a Non-
operative STANDBY LETTER OF CREDIT (SBLC) Bank Instrument via MT760
(blocked Fund) in strict accordance to the seller’s verbiage for the total value of the
cargo into the nominated seller’s Bank Account, which will be activated by Seller’s
Performance Bond.

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5. Upon receipt of above within 3 days (72hrs), Fiduciary Seller’s Nominated Bank
places a 2% Performance Bond in favor of the Buyer which automatically
activates Buyer’s STANDBY LETTER OF CREDIT (SBLC).
6. Upon receipt and confirmation of buyer's SBLC/MT760 for this transaction, seller
nominates vessel, Programs to reflect on Terminal Database, Reassigns Allocation in
the name of buyer, the Provisional Lifting Right, in the buyer’s name, AUTHORITY
TO SELL in seller’s name. The Lifting Right documentations shall consist of the
following: The Quantity to be lifted, The Cargo Authority Number, Stem Number,
Window Number, Name of nominated vessel, Laycan Window Time, IMO No. of
nominated vessel.
7. Seller loads vessel, NNPC the Consignor the buyer as the Consignee, all the shipping
documents will be in the buyer’s name and sends details of loaded vessel to buyer for
confirmation.
SELLER GIVES BUYER A PIN WHICH BUYER WILL USE FOR
CONFIRMATION THAT THE VESSEL IS LOADED IN HIS NAME.
8. Upon confirmation, seller issues both ETA, NOR and copies of CIF standard
shipping documents, furnish both buyer and buyer’s bank with CPA & Q88 and the
following documents in buyer’s name which includes:
a. Clean on board ocean Bill of Lading
b. Certificate of Quality
c. Certificate of Quantity
d. Certificate of Origin
e. Vessel Ullage Report
f. Receipt of Samples
g. Cargo Manifest
h. Authority to Sell (ATS)
i. Seller Commercial Invoice.
9. Upon arrival at buyer’s port of Discharge, seller’s vessel captain issues NOR to
tender the vessel’s arrival and issues Marine ATB from his vessel domain via e-mail to
the buyer.

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10. Buyer’s appointed super cargo and inspectors board the vessel and conduct Quality
and Quantity analysis test and the Result is tendered to both the buyer and seller. Upon
positive Q & Q Result, the crude oil is discharged into the buyer’s tanks.
11. Payment is made within three banking days by MT103 directly to seller’s account
by SWIFT for the total value of the crude oil and agents nominated accounts as
stipulated in the SPA per out-turn barrel upon presentation at the counter of buyer’s
bank all the originals of the shipping documents in the buyer’s name and seller’s
commercial invoice.
NO.5
CIF PROCEDURE FOR MT799 BLOCK FUND TO SELLER,S
WITHOUT PERFORMANCE BOND
1. Seller send official FCO to the buyer on seller's letter head included the product
specifications.
2. Buyer sends ICPO with full bank details and full signatory details.
3. Seller and Buyer sign SPA which include the Seller’s NNPC/JVC Proof Of Product
(POP) from Bulk Equity Account with Share Allocation details (POP) confirmable at
NNPC Crude Oil and Marketing Department, Off-OPEC Division Data Base,
NNPC/JVC Bonny, and deposit same with their respective Banks. (E-mail and
Facsimile copies shall be accepted as originals).
4. Upon confirmation of the Proof of Product (POP), Buyer’s bank SWIFT MT799
BLOCK FUND in strict accordance to the seller’s verbiage for the total value of the
cargo into the nominated seller’s Bank Account.
5. Upon receipt and confirmation of buyer's MT799 for this transaction, seller nominates
vessel, Programs to reflect on Terminal Database, Reassigns Allocation in the name of
buyer, the Provisional Lifting Right, in the buyer’s name, AUTHORITY TO SELL in
seller’s name. The Lifting Right documentations shall consist of the following: The
Quantity to be lifted, The Cargo Authority Number, Stem Number, Window Number,
Name of nominated vessel, Laycan Window Time, IMO No. of nominated vessel.
7. Seller loads vessel, NNPC the Consignor the buyer as the Consignee, all the shipping
documents will be in the buyer’s name and sends details of loaded vessel to buyer for
confirmation.
SELLER GIVES BUYER A PIN WHICH BUYER WILL USE FOR
CONFIRMATION THAT THE VESSEL IS LOADED IN HIS NAME.

Page 15 of 17
8. Upon confirmation, seller issues both ETA, NOR and copies of CIF standard
shipping documents, furnish both buyer and buyer’s bank with CPA & Q88 and the
following documents in buyer’s name which includes:
a. Clean on board ocean Bill of Lading
b. Certificate of Quality
c. Certificate of Quantity
d. Certificate of Origin
e. Vessel Ullage Report
f. Receipt of Samples
g. Cargo Manifest
h. Authority to Sell (ATS)
i. Seller Commercial Invoice.
9. Upon arrival at buyer’s port of Discharge, seller’s vessel captain issues NOR to
tender the vessel’s arrival and issues Marine ATB from his vessel domain via e-mail to
the buyer.
10. Buyer’s appointed super cargo and inspectors board the vessel and conduct Quality
and Quantity analysis test and the Result is tendered to both the buyer and seller. Upon
positive Q & Q Result, the crude oil is discharged into the buyer’s tanks.
11. Payment is made within three banking days by MT103 directly to seller’s account
by SWIFT for the total value of the crude oil and agents nominated accounts as
stipulated in the SPA per out-turn barrel upon presentation at the counter of buyer’s
bank all the originals of the shipping documents in the buyer’s name and seller’s
commercial invoice.
NOTE 1.
THE BUYER MUST AS A MATTER OF ACCEPTANCE AND CAPABILITY TO
DEAL IN THIS SEGMENT, BE READY TO SHOW EVIDENCE OF HIS FINANCIAL
CAPACITY TO PAY FOR THE CARGO/PRODUCT AT THE END OF THE DAY,
VIA REGULATED BANK INSTRUMENT FROM 50 TOP RATED PRIME BANK.
PLEASE BE GUIDED ACCORDINGLY TO KICK START THE TRANSACTION.

Page 16 of 17
NOTE 2.
FINAL PAYMENTS SHALL BE MADE VIA MT103 BY SWIFT WIRE TRANSFER
DIRECTLY TO THE SELLER’S BANK ACCOUNTS AND COMMISSION AGENTS
AS STIPULATED IN THE SALES AND PURCHASE AGREEMENT AFTER Q&Q
BUYER PORT OF DISCHARGE.
This is special offer but Note that “the above discount could change on every Monday
(London Time) based on the global crude market price fluctuation” we offered this based on
OFF-OPEC CRUDE OIL.
ONCE the Contract is signed then the Gross/Net Discount figures REMAIN CONSTANT during
Contracts Term for 1year DURATION PERIODS OR AS AGREED
THIS OFFER IS VALID FOR 90DAYS (THREE MONTHS) CALENDAR DAYS FROM THE DATE
STATED ABOVE.
Thanking you for your cooperation and understanding.
Thanks
Engr. UFOMBA, Gabriel Chinedu,
CEO-Managing Director,
Oil & Gas Consultant/Mandate With NNPC/JVOPS Sellers Both OPEC & OFF-OPEC
Sellers With (COMD)
No. 10 Nzimiro, Amadi Flat Old G.R.A,
Port Harcourt, Rivers State, Nigeria
"Exploring Global Opportunities Is Our Every Day Duty, We Go Global"

Page 17 of 17

Gabrich full corporate_offer_july_to_sept_2015

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