Intellex Artificio Incorporated
| About us | We've been in the blco brokerage industry since 2004 and became seller's mandate 2005. The industry is a very interestingly dynamic one that needs skills to mediate and represent others unequivocally making sure everyone's demand is aired responsibly. It is our joy at iai selling the products and mandateship of total outright investment int'l (nig. ) ltd to the blco buying community. Buyers and prospective buyers can rest assure that their interest is uppermost on our corporate heart. We offer blco on ttt and FOB platforms. Our discount: Us$6 gross per barrel; us$4 net to buyer. Commision: Us$1 net to buyer's side; us$1 net to seller's side. Quantities offered are: Ttt:1-4million bbls/month (+/-10%). FOB:1-2million bblsbi-monthly (+/-10%). Quality and grade: Nnpc standard export grade. Ttt procedure: 1. Seller and buyer sign spa with full banking details and copies sent to both banks respectively. 2. Buyer's bank communicates with the seller's bank confirming the proof of fund for this transaction. 3. Seller transfers us$100,000 100% operative cash bond to buyer's bank. The buyer's bank shall release a letter of undertaken within 48 hours on receipt of the cb. This lou will contain the feeder vessel's name, call sign and captain's name. Failure to do this in a timely manner will lead to the refund of the cb and a us$50,000 penalty fee to be paid by the buyer's bank to the seller's bank. This shall be stated in the cb documents. 4. Seller provides cpa and inspection certificate to the buyer's bank. 5. Buyer sends a confirmed irrevocable transferable lc to seller's bank and confirms the rwa of the buyer to effect payment for the cost of blco and vessel charter within 48 hours after the transhipment. 6. Seller's vessel sends nor to the buyer's vessel. 7. Buyer's vessel responds with an eta and sails to the agreed location of transhipment. 8. Transhipment takes place and inspection is conducted at buyer's expense. (our trip-time for transhipment is excellent at 96 hours for 4million bbls or below. ) 9. Within 48 hours after transhipment, buyer's bank releases the funds by ktt to pay for the blco and the commisions simultaneously upon completion of the confirmation, verification and approval of all the documents listed in clause 21.0 provided by the seller to the captain of the buyer's vessel. Buyer's loaded vessel sails to its port. Please note that procedure terms are negotiable. Contact us for FOB procedure. |
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| Industry Focus | Brokerage, Intermediary Service, Trading Consulting, Commercial Service, Crude Oil |
| Business Type | Distributor/Wholesaler |
| Products/Services | Blco, alco, flco, ttt, FOB, PG, pb, cb, crude oil |
| Our Markets | Worldwide |
| No. of Employees | 5 - 10 People |
| Annual Sales Range(USD) | US$2.5 Million - US$5 Million |
| Year Established | 2004 |
