PREMIUM MOTOR SPIRIT OIL (PMS)

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Overview
Quick Details
Place of Origin:
Europe
Brand Name:
PMS
Type:
PMS
Grade:
OPEC
Application:
Oil Product

Specifications

Offer of NNPC / DPR Specification Premium Motor Spirit (PMS), CIF Lagos Apapa Port. Minmum Order is 15K MT SPOT or CONTRACT

We are a Petroleum Commodity Trading Group located in the United Kingdom. We are direct to a very serious seller for NNPC Specification Premium Motor Spirit (PMS) as per below details;

  1. Commodity: Premium Motor Spirit (PMS) 
  2. Specification: Standard Specification (e-mail for info)
  3. Quantity: Minimum order of 15K MT per months available on contract or spot shipment. 
  4. Delivery: CIF 
  5. Terms: To be agreed between seller and buyer 
  6. Payment Terms: Payment by Confirmed OR Unconfirmed transferable irrevocable, letter of credit  (LC). The supplier also offers a deferred credit arrangement for 30, 45, 60 & 90 days.

PROCEDURES

    1. Buyer submits to Seller a written LOI + BCL.

    2. Seller issues a FCO.

    3. Buyer accepts FCO.

    4. Seller presents Purchase Agreement (P.A.) and LC format to Buyer.

    5. Buyers bank confirms in writing ability to issue LC as per format.

    6. P.A. mutually executed.

    7. Buyers bank issues LC as per agreed format.

    8. Seller advises Buyer of nominated vessel and discharge laycan.

    9. Vessel arrives Lagos and discharges.

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