Seller’s Supplier: The producer of the crude oil and/or petroleum product sold and purchased hereunder, when it does not originate from the Seller’s own production.
US Barrel: Is the unit of volume measured at standard temperature of 60 degrees Fahrenheit and equal to 42 U.S. gallons.
Commodity: Is referred to as being Bonny Light Crude Oil, elsewhere in the agreement also referred to as Bonny Light Crude Oil, whose specifications are detailed in Annex “A” attached hereto as an integral part of this agreement.
Day: Means Calendar Day, unless differently specified. Month: Means Gregorian calendar month.
Calendar quarter: The period of three (3) consecutive months commencing on 1st of January, 1st of April, 1st of July or 1st of October.
ASTM: The American Society for Testing Materials, is the Institute, internationally that approved all Standards, Tests and Procedures used in the Oil Industry and to be referred in this contract to the latest rev
TradeBoss.com Tip: We always strongly recommend our members to strictly follow the traditional methods and rules of international trading before going into any deal with any party met over the internet. Such as getting prior company confirmation by phone, fax or by mail besides necessary cross checks done through the related local bodies like banks, chambers of commerce, related trade associations, etc. especially before realizing any money transaction.
Statistics: Companies: 641,900+, Trade Leads: 160,500+, Products: 104,300+, Contacts / Replies: 8,279,200+ There are currently 14819 users online browsing our B2B network. 9:51 GMT, Tuesday, May 14, 2024 Privacy Policy Important Notice! TradeHolding.com B2B Network does not provide an escrow service! Any member who asks you to pay for their products by Western Union to an agent of "TradeHolding.com B2B Network" is fraud and should be immediately reported to us. Do not pay anything to any member who states your money will be added to TradeHolding.com safety deposit account!
All Trade Leads / Offers / Products / Company Profiles / Images and other user-posted contents are posted by the user and TradeBoss.com and TradeHolding.com B2B Network shall not be held liable for any such content. However, TradeHolding.com B2B Network respects the intellectual property, copyright, trademark, trade secret or any other personal or proprietary third party rights and expects the same from others. For concerns, please contact us.