• Buyer and Seller signed SPA with ATB format, NOR format, Valid TANK FARM Details, including Tank Farm Managers name, email and phone number and Buyer’s Account Officer’s information.

• Buyer makes official request for Proof of Product (Cargo Documents) preferably through his Bank.

• Seller issues Proof of Product (Cargo Documents) documents to Buyer.

• Upon confirmation of Proof of Product, Buyer through his Bank places a Bank Payment Guarantee (BPG) covering the value of the total agreement quantity to be delivered.

• Upon confirmation of BPG Seller issues NOR/ETA to Tank farm and delivers product.

• After Q&Q, Seller issues invoice for payment, seller discharges into tank farm and Buyer pays for cargo through swift wire transfers into all nominated accounts on SPA, and Seller releases all original documents of cargo in buyer's name.


~Eastern Union Energy
Call/Whatsapp: 08030654233
www.easternunionenergy.com