offers

GCT can procure liquefied natural gas (LNG), liquefied petroleum gas (LPG), D2, D6, ULSD, jet fuels JP54 and A1, and Mazut 100.

GCT offers the following on Bonny light crude oil:

A. As of January 7, 2019: 

BONNY LIGHT CRUDE OIL (BLCO)

Method: TTO in Ghana 

Minimum Quantity: 2,000,000, and up to 6,000,000, barrels with extensions up to 12 months and beyond.

  • Price: Brent Platts per barrel, the average of the last 3 days price
  • Discount: Competitive
  • Commission: $2.00 to seller’s side (closed) and $2 to buyer’s side (open)
  • Volume: 2,000,000 barrels initially.
  • Term: Flexible. Can be extended to annual with extension.

Buyer must provide LOI and Proof of Funds (POF) for due diligence.

SERIOUS INQUIRIES ONLY.

B. As of January 7, 2019: 

BONNY LIGHT CRUDE OIL (BLCO)

Method: CIF

  • Price: Brent Platts per barrel, the average of the last 3 days price
  • Discount: Competitive
  • Commission: $2.00 seller side (closed) and $2.00 buyer side (open)
  • Volume: 2,000,000 barrels initially.
  • Term: Flexible. Can be extended to annual with extension.
  • Buyer must provide LOI and Proof of Funds (POF) for due diligence.

Depending on the time of the year, the BLCO can be loaded usually within two weeks after SPA has been signed.

Buyer must provide LOI and Proof of Funds (POF) for due diligence.

NOTE: If agreed on delivery to China, China Inspection and Quarantine (CIQ) inspection will be the responsibility of the buyer. The Q/Q test result will trigger full payment, not CIQ inspection. 

Serious inquiries only. All shadow, curious-only, and insincere inquirers will be placed on a black list. GCT can deliver. What we ask is that you do the same.

NOTE: Buyers should provide the desired initial and monthly quantity, duration, discharge/destination port, the NAME of the bank (NOT the account details), and the bank’s country location. The bank must be a top-25 world bank.

C. As of January 7, 2019:

BONNY LIGHT CRUDE OIL (BLCO)

Method: FOB

Before we can provide an SPA to the buyer, we need the Buyer’s vessels details: CPA (Charter Party Agreement), Q88, CPA-Prepaid Invoice, and payment undertaking from buyer’s bank that simply states the following: “We, bank xxxxx, hereby undertake and assume full responsibility to pay for cargo within 24 hours of receiving Q/Q test result, Commercial Invoice (CI), and Cargo Manifest.”

  • Price: Brent Platts per barrel, the average of the last 3 days price
  • Discount: Competitive
  • Commission: $2.00 seller side (closed) and $2.00 buyer side (open)
  • Volume: 2,000,000 barrels initially.
  • Term: Flexible. Can be extended to annual with extension.
  • Buyer must provide LOI and Proof of Funds (POF) for due diligence.

 

To obtain further information, with a serious inquiry, contact us here.