Stats: 3,190,299 members, 7,940,188 topics. Date: Wednesday, 04 September 2024 at 07:05 PM |
Nairaland Forum / Nairaland / General / Business / Business To Business / What Is The Shell Screen? (2616 Views)
Photos: Raw Groundnut In Shell / What Is The Shell Screen? / 300tons Of Palm Kernel Shell Available For Sale And 35tons Of Used Tyres For Sal (2) (3) (4)
(1) (Reply)
What Is The Shell Screen? by easternunion: 2:31pm On Aug 22, 2016 |
Shell Screen London…There is no such thing! The “Shell Screen” is an old Joker Broker myth based on a very thin application of truth. There is no “Shell Screen Company” in London run by Lloyds of London or the NNPC or anyone else. The “Shell Screen” doesn’t exist, it is a complete MYTH. Here is what the Shell Screen is: It is a tool provided by Shell Oil to allow refineries (only refineries) to verify the particulars about a scheduled product set to be lifted. It is a data base where refineries can look up the numbers on a Proof of Product document (POP) and verify that the product has actually been allotted and given the Authority to Sell, (ATS) to be sold (from a Shell-managed terminal). People in the secondary market don’t like to see this because it means they can not pre-verify the legitimacy of an offering before presenting it to the end buyer. The frustration brokers have with this is that Shell Oil will not even allow a buyer or a broker without a refinery license number to get access to the registration page. It was set up for the benefit of the primary market. In this way, the Majors are attempting to keep all of the mess with brokers out of their business. It is part of the “old boys club”, so as a broker or a commodities house buyer/seller you will not be able to get access. Now, you see, just stating “verifiable on the Shell Screen” is actually more trouble than it is worth. ~Eastern Union Energy http://easternunionenergy.com/what-shell-screen Call/Whatsapp: 08306542333
|
(1) (Reply)
Design Your Professional Business Card, Other Graphics Project @ Affordable Rate / Register Your Company With Cac Today / BABIES MOSQUITO NET BEDS
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6 |