BLCO Crude Oil (Hong Kong) is a Crude Oil product. Key specs — Origin: Hong Kong.
Product Description
We are able to help buyers purchase competitive price BLCO from direct reliable Seller, please find below specifications & procedure for reference: Commodity: Nigerian Bonny Light Crude Oil Origin: Nigeria Specifications: As per below API:34-37 deg. Sulphur: Less than 0.14% wt.
Specific Gravity:0.8397-9.8498 Pour Point: Below 40 degree F Water Content:0.2% Vol. Max. BS&W:0.6% Vol. Max. REIB Vapour Pressure:6.52PSIG. Procedures: 1. The Seller signs the SPA 2. The buyer signs the SPA. 3. After both parties sign the SPA the seller post USD$100,000 to buyer\'\'s bank. 4. Buyer post DLC to seller\'\'s bank 5.
An independent SGS Inspector appointed by buyer monitors the transfer of cargo, ascertains the quality and quantity and reports back same to the buyer and seller. 6. Seller submits to buyer bills of quantity and quality discharge into his vessel for confirmation from his captain, payment roll order will be submitted to buyer at the end of transaction. 7.
Payments must be released immediately and confirmed by seller within 24 hours by SWIFT Telegraphic Transfer before buyer\'\'s vessel sails.
