1. Serious and reliable Crude oil BUYER or SELLER make an initial inquiry.
2. Facilitators gather all info required to work directly with crude oil & other petroleum products BUYERS and SELLERS, small, medium, large companies, corporations, refineries, and governments.
3. SELLER must be a Legal authorized Government Crude oil seller. BUYER must meet requirements (e.g Proof of Funds) and satisfactory investigation. We carry out in-depth due diligence on both companies. If no discrepancies on either side we will proceed. If unsuccessful we will keep on vetting until we find the right match.
4. The petroleum industry is riddled with fraud and misrepresentation. It is our mission to provide real crude oil deals, verifiable and performing suppliers. We are committed to our customers’ success from start to finish. Facilitators are on a mission to locate the best BUYERS and SELLERS to facilitate your deal.
5. We protect the confidentiality of the negotiations and discretionary management of cross information. Ensuring both parties are happy with the recitals, the product, quantity, quality, technical specifications, measurements, samples, delivery terms, title, risk of loss, indemnity, price, credit period, currency, payment terms, berth, loading port, and procedures.
6. SELLER and BUYER sign and seal the sale-purchase agreement and exchange the signed copies; the electronically signed copies by both parties are considered legally binding and enforceable.
7. SELLER makes an announcement on behalf of BUYER to harbormaster and issues MATB and clearance to BUYER’S supercargo and inspector to board the loaded accredited/registered government supercargo listed vessel to confirm the product. Ensuring government, local, and port authorities at the loading port are executed accordingly; (including pilotage, etc).
8. BUYER’S bank confirms cargo documents and releases funds via swift MT103 for the total value of the measured barrel, per the Q&Q report, to SELLERS’ nominated accounts, in accordance with the irrevocable master fee protection agreement {IMFPA}. Then chartered vessels sails to BUYER’S port of destination.
9. All intermediaries on both the BUYER and SELLER sides will be paid commissions according to the agreed payment schedule to all nominated agents, consultants, and transaction handlers’ accounts. This should give any buyer/seller a realistic idea from Start to finish, real buyers and sellers can complete this type of transaction in 10 days to 6 months.