GOLD-FORTH LIMITED

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Phone
+23481813...
Email
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Web
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Country
NigeriaNigeria
Address
CENTRAL AREA ABUJA

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Company Description



Gold Forth provides due
diligence on all aspects of the crude oil transactions to ensure information is
genuine and accurate.



HONESTY
AND INTEGRITY IS OUR WATCH WORD IN ALL OUR DEALS



  • We deal with firms and individuals who
    SERIOUSLY and SINCERELY seek to buy or sell Crude Oil.
  • We screen both prospective buyers and
    sellers for authenticity to eliminate time wasting and fraud.
  • We ensure proper documentation to
    expedite all transactions and dedicated attention to all details
    throughout all aspects of the deal.
  • We assists in the development of all
    business dealings for short and long term profit and progress of both
    seller and buyer to maximize benefits of orchestrating business together
    in a fair and legitimate manner at all times.
  • We operate with utmost responsibility
    and respect. Gold-Forth Limited offers consistency, dedication and drive
    to always ensure efficiency of value, time and results.


OUR
PROCEDURE



Our procedure in line with
TTO, TTT and FOB.



All communications will be
in the form of actual documents. All correspondence will be well documented at
each stage of the process. This process will strictly follow International
Procedures in accordance with the strict requirements of the Sellers for every
transaction.



The procedures are as
follows:



  1. We Gold-Forth Limited Crude Oil Broker place
    advert for Crude Oil availability.
  2. The Buyer will respond to our advert by
    addressing a “Letter of interest (LOI) in the product to us.
  3. The Letter shall state the Buyer’s capability and readiness to
    sign and return the “Sale Purchase Agreement” (SPA) to us within 24 to 48
    hours of receiving it from us.
  4. Along with the SPA above, the buyer shall provide
    the ATB Format, Vessel Details and Supercargo Details.
  5. The Buyer shall also provide the following form
    of guarantee:
    1. A $1 million banks guaranty; or
    2. MT760 (bank –to-bank guarantee that is Buyer’s
      bank to seller’s bank)
  6. We shall then provide the Buyer with the
    “Authority to Board” (ATB) and clearances. This will be at no cost to the
    Buyer.
  7. We shall also forward to the Buyer the following:
    1. Seller’s “Note of Readiness” (NOR) and
    2. Seller’s tranship, and Supercargo Go-on-Board.
  8. We will then facilitate the transfer of Shipping
    Documents and Title to the name of the Buyer.
  9. At this point the Buyer will pay for Cargo (Crude
    oil) plus Clearance Fees.
  10. Buyer’s
    Vessel then sails for destination.





PLEASE
NOTE:



We will not accept request
such as: “let me see POP first and then we will issue LOI/ICPO”.



The Proof of Product (POP) documents will only
be issued to the name of the Buyer's company or bank and the volumes the
company wants to purchase after receipt of your LOI and a signed SPA

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