Bonny Light (Nigeria) Brass River (Nigeria) Salt Pond (Ghana) Forcados (Nigeria) Okono (Nigeria) Coco (Democratic Republic of Congo) Lucina (Gabon) Bonga (Nigeria) Medanito 1 (Argentina) Medanito 2 (Argentina) VERY IMPORTANT considerations: We are DIRECT to the refinery. The reason we are asking for spot deals in the 500,000 barrels or LESS range, is because Show More...
Bonny Light (Nigeria) Brass River (Nigeria) Salt Pond (Ghana) Forcados (Nigeria) Okono (Nigeria) Coco (Democratic Republic of Congo) Lucina (Gabon) Bonga (Nigeria) Medanito 1 (Argentina) Medanito 2 (Argentina) VERY IMPORTANT considerations: We are DIRECT to the refinery. The reason we are asking for spot deals in the 500,000 barrels or LESS range, is because we are working DIRECT with the member of the refinery Management Team that has the authority to sign off on purchases of this quantity or less. So, BOTTOM you want to close a QUICK fuel transaction, you need to follow 3 simple steps: Pick a crude oil from the list aboveno lab testing is required Offer a quantity of 500K bbls or lessno Board approval required Send me an offer DIRECTLY from the title holderNOT a broker! Again, the offer MUST come from the title holder of the product, NOT a broker or someone who is trying to flip the product. Flips and simultaneous closings do NOT work in this fuel business, like they used to in real estate. Please, do NOT ask me to have this individual from the refinery fill out forms and RWAs, etc. He doesnt have to, because he gets offers in every day without filling out forms. Real suppliers send him offers all the time. This is how the business is done. REAL suppliers want to sell their product. They send offers to REAL buyers. If you have a REAL seller, the minute we divulge to them who the REAL buyer is, they will easily be able to verify and vett the refinery. You can Google the name of the refinery, and newspaper articles from this countrys media will consistently come up, in addition to plenty of historical information about the refinery which has operated for decades. Everyone keeps asking me about proceduresthats broker talk. Dealing direct with a refinery is a SIMPLE process: Make an offer with the crude oil type, quantity of the spot, pricing on the spot and delivery method (FOB from what port, or CIF to their port) If the Manager at the refinery likes the offer, the contract process begins which engages the attorneys of the buyer and seller Product delivery terms are agreed upon Payment procedures are established by the bankers for the seller buyer Thats it! No long lists of procedures. You are welcome to offer a crude oil that is not on the approved list. However, once againlaboratory testing at the refinery will take a few weeks, slowing down our closing. Also, any spot over 400K bbls requires refinery Board approval, also slowing us down. No magicno smoke and mirrorsjust a refinery that my business partner talks to daily, has visited with and is presently conducting meetings with this week.
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