Fraud in Nigerian Crude Oil Sales: Certification of Petroleum Emissions and Documents by Oil Buyers

HOW DO YOU AGREE THAT THE COLLECTION OF NATIONAL OIL OILS OR DOCUMENT IS AUTHENTIC, OR GENUINE?

This observation is a survey conducted by Africans at America News Watch, a nonprofit organization based in New York in August 2010: "There are many Nigerian sellers of real oil but the problem is that it is real and verifiable, crude oil "Trade is a thriving and prosperous business, and many people seem to want to enter into buying Nigerian crude oil [But the business is now full of] … fraudsters Prowl". He adds, "There are many oil suppliers in Nigeria, but the challenge is to find real and verifiable sellers."

In fact, as this author has documented elsewhere in another paper, the claim that today's international fairs and selling in the crazy world of international crude oil, a well-founded and well-founded truth that has been overcome by fraudsters and fraudsters, which can hardly be any serious argument or controversy in today's international oil buying and selling industry.

Consequently, given the FACTUAL REALITY, "There are a lot of real oil traders in Nigeria, but the problem is that it is real and verifiable," says the big $ million question: OR WHAT IS THE REAL AND verifiable "?

THE KEY? Most experts in Nigeria say that basically (the raw buyer) has to demand and insist that the alleged seller will show you the AUTHENTIC documentation and other evidence that there is a real BLCO and FLCO allocation from Nigerian NNPC that the product is still available. (In the case of Nigeria, NNPC, a company incorporated under the name of Nigeria National Petroleum Corporation, is a federal government company which controls the purchase and sale of oil, including the sale of genuine Nigerian crude oil sellers).

PERSONAL DOCUMENTS OF THE NIGERIAN PURCHASE / TRADE INDUSTRY

There are key documents that are critical to obtaining Nigerian petroleum transactions. These include, inter alia, the following documents:

– Supplier's shipping document, such as: Clean Ocean Cargo Bill; Seller's Commercial Account
– Vendor is a proof of the product (collects the country's export and approval export authorization issued by the government of the country, a declaration of availability of the product, the Port's Storage Agreement, etc.)
– the importer
– Certificate of Origin issued by NNPC
– Issuance of a Certificate of Authenticity by the NNPC
Agreement on the ship to be issued to the lessee of the vessel and generally indicating that the shipowner shall, that the vessel was actually made available to the designated Seller
in accordance with the Q88 questionnaire that was filled by the ship's crew and the technical details of the ship;
– etc.

PRODUCT SCRUTINY

Probably the most important document for all the raw buyers need to see from the vendor, the right product certificate (POP). This document, which the NNPC department has to deliver in Abuja, Nigeria, is a clear signal to the raw buyer that the owner of the oil product is indeed the holder of the product and also serves to do so, at least at the time of the transaction (but only at that time ), the seller can buy the goods.

IMPORTANT: It is not just any form of POP. It must be in a format that allows for proper verification to determine whether it is valid and authentic. Based on the research of this writer, in order to ensure the optimum probability of achieving the goal, there are basically two POPs that are acceptable and no one else and only sellers who have POPs compliant with these "preferred" POPs document standards, entertain or participate.

POP ​​must meet the following conditions.

A). You must enter the CURRENT documents for the Loaded Vessel (ie up to 2 days, otherwise the document will be returned immediately as this means the ship is no longer available) and must include the following documents:

i. The on-board authority (ATB). The seller must provide the ATB expressly issued by the originator (s) of the crude oil for the customer's control in the name of the name. The name in the ATB must exactly match POP and other documents mentioned here. And here, too, it must be back to ATB, so it must be up to 2 days old. (An ATB of more than 2 days is automatically considered to be a ship that is no longer available and because it is not acceptable).

II. Quality certificate.
iii. Certificate of Origin
iv. Cargo List
v. Shipwreck Report
vi. Proof of quantity.
vii. Freight ticket
viii. ATS (Registration Certificate) from NNPC

B) DETAILED DETAILS OF THE VESSEL.

Usually the Buyer may require (and therefore the Seller must be willing and ready to release them), such as ship name, ship's location, IMO name, call sign and other vessel details. This is because the buyer is able to track and maintain the current loaded vessel.

C) KNOW THE DOCUMENTS THAT FROM NNPC

As a way of facilitating clothing items similar to POPs, such as Reliable Dealings International, AWR sellers must require their business to start contacting them, Other things that the seller often requires includes:

= Lifting Lease / License NNPC and

= Sales Authorization Letter (ATS) from NNPC. The Sales Authority Register, derived from NNPC's Petroleum Marketing Department, is basically the official document that shows the buyer that the seller actually has the authority authority for an agency for the crude product he is selling. (Generally, paper-based format and NNPC corporate letter paper must indicate the expiration and expiration date and be signed.

= For example, if the seller states that the cargo has been canceled, the CPA (Charter Party Agreement), ATL (Authority To Load) and the Q88 ship

WARRANTIES WHAT YOU WILL SURE TO REPORT THESE DOCUMENTS?

39 says that you have compiled the relevant Product Document and other relevant documents such as There is a key critical issue that will continue to stay for you – how do you ensure that these items are still valid, true, valid, AUTHENTIC and GENUALLY, to make sure they are serious about the Seller's offer?

Sometimes this issue is often the most important to the buyer because it is a rule, most deceivers and k who work in the Nigerian petroleum industry, is simply masculine knockers and copiers of every part of the most up-to-date industry documents used in the sale and purchase of refineries and government agencies and who are highly skilled in the profession. Consequently, buyers are strictly cautious, never accept the nominal value in full, or are ever deceived, the documents submitted by sellers or the allegations they make, though seemingly confusing or realistic! And that means that one of the crucibles that a crude oil buyer and auxiliaries need to develop quickly and there are good, foolproof tools or skills to independently control at least the key to its authenticity, is among the most significant documents among the tons of documents, which sellers and their agents often present in their use of their products. And above all, they need to have the skills and knowledge and business sophistication to be able to recognize whether such documents are genuine and legitimate and which can be simple forged.

Certainly such verification and confirmation can often be problematic for the buyer. However, this is not a very difficult task, at least for educated and experienced eyes. All you need to know is what you are doing and what you are looking for, asking questions, how to check and verify facts and information. And in any case when there are serious doubts about the authenticity of the document, always be careful – ask for further evidence or even refuse the offer, depending on whether it is the subject of a particular offer.

TO THE NEXT LIFE

WILL BE EXPECTED TO HOW TO FIND A DOCUMENT FOR SALE OR DOCUMENT FOR AUTHENTIC OR GENRE FOR SALE OF NIGERIAN RESULTS?
Please read the following information in your author resource kit

Source by Benjamin Anosike, PhD

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