Barbo Axel Group Icpo-2 - 230325 - 043924
Barbo Axel Group Icpo-2 - 230325 - 043924
Barbo Axel Group Icpo-2 - 230325 - 043924
Registrationnumber NO.1845263
We the undersigned B-PETROGLOB NIG LTD, here represented by Mr. SANI ABDULAZIZ, Director, hereby confirm
with full legal and corporate responsibility and under penalty of perjury that we are ready to purchase the
commodity Liquified Natural Gaz (LNG) in the quantity and for the price as specified in the Terms and Conditions
stated below:
ANY
Origin:
Total / Contract Quantity: 100 000 x 12 = 1 200 000 MT
VALUE OF CONTRACT TOTAL. 320 x 100 000 x 12 = 384 000 000 U$D
Insurance: 110%
Performance bond: 3%
Registration
Number: RC1845263
Address: 11 Anifowoshe Street, Off Adeola Odeku St, Victoria Island, Ikoyi, Lagos,
Nigeria
City/Zip: LAGOS
Country: NIGERIA
E–mail: home@bpetroglob.com
Website: Bpetroglob.com
Bank Address, City, MARINA, 35 SAMUEL ASABIA HOUSE 11/F, SC TOWER, WORLD FINANCE CENTRE,
Country: No. 1 EAST THIRD RING MIDDLE ROAD,
CHAOYANG DISTRICT BEIJING P.R.C 100020
Bank Swift Code: FBNINGLA SCBLCNSXBJG
Account Name: B-PETROGLOB NIG LTD AMERICAN OIL AND MINERAL GROUP
LIMITED
Account Number: 2041973934 501511380989(USD)
Bank Officers name: OSASUMWEN JOHNSON OBASOHAN HUI-JUAN YANG
Bank Officer E–mail Osasumwen.j.obasohan@firstbanknigeria.com Hui-Juan Yang@sc.com
address:
Bank Website www.firstbanknigeria.com www.sc.com
address:
Contaminants
(a) Trace Metals
i. Pb + Zn 0.50 ppm (w)
ii. Na + K 0.30 ppm (w)
iii. Vanadium 0.50 ppm (w)
iv. Calcium 2.0 ppm (w)
v. Magnesium 2.0 ppm (w)
vi. Sum of heavy metals (Hg+V+Pb+Zn+Ni+Others) 1.0 ppm (w)
(b) Solids / Particulates
i. Total for particle size up to 10 micron
ii. For 2 micron < d < 10 micron 20.0 ppm (w)
iii. For particle size grater than 10 micron 1.50 ppm (w)
0.30 ppm (w)
ABOUT COMPANY
B-PetroGlob NIG Ltd group is a private Nigerian oil company operating in all segments of the oil chain:
Upstream (exploration, development and production of oil and natural gas, LNG) and Downstream
(distribution, trading and shipping of crude oil and refined petroleum products) .
B-PetroGlob is also a major player in chemicals Technology. In addition, the group holds stakes in
sectors such as coal, mining, electricity production supports the growth of renewable energies (solar,
biomass).
Special note: Performance Bond: After signing the contract, the seller bank send “ ready willing issue a
performance bond of 3% of the contract amount” to the buyer by bank to bank portal e mail, and then the buyer
bank will issue DLC 90days (MT720) after receiving the seller confirmed 2%PB by bank e mail.
2nd Shipment: Seller sent 1st Shipping Document ( BL, Commercial Invoice, Packaging List, SGS report, etc ) to
buyer bank, buyer shall issue 180days DLC MT720 200,000 MT after receipt seller's bank e mail for confirmed 2%
PB of 2nd shipment amount.
This ICPO is a legal basis for transferring by the seller of the accepted names and sizes of the project of
the prepared contract and is an integral part of the future.