CRUDE OIL PURCHASE
There is a process in dealing with potential buyers:

· Who do the buyers represent?

· Proof of Mandate to be provided

· Proof of funds to be provided (BCL)

· Sellers to provide FCO and SPA

· Sellers to provide proof of product

· SPA is signed by BUYER & SELLER and transaction carried out

If your buyers can provide all the above documents to us then we can proceed with the transaction. These checks are put in place to discourage “unserious potential buyers” who have no mandate or authority from a refinery/end user to transact any deal.