Sunday, 12 October 2014

Introducing AIREASON LIMITED: An Efficient Oil & Gas Services Company in Nigeria

EXECUTIVE BRIEF
AIREASON LIMITED is an incorporated limited liability company in Nigeria with office in Blantyre Street, Wuse 2 - Abuja. The company has robust network in terms of outlets and associates across Nigerian oil and gas sector.
The firm (AIREASON LIMITED) is registered with the Corporate Affairs Commission (C.A.C) of the Federal Republic of Nigeria to carry on business objectives in the oil and gas sector encompassing the following;
  • General research and consultants
  • Information and strategy
  • Brokerage, trades and general merchants
  • Distributors and suppliers of general goods and commission agents
  • Manufacturers’ representatives, agents, facilitators and general contractors
  • Marketing, sales and distribution

OUR VISION STATEMENT
 “To be a super brand in production, marketing and sales of oil and gas products across the globe”

OUR MISSION STATEMENT
“To make our customers proud associates through excellent service delivery, while meeting the aspirations of our stakeholders”

CORE VALUES AND BUSINESS PRINCIPLES
·         Trust
·         Integrity
·         Group mind
·         Efficiency
·         Flexibility

DISCRIMINATING COMPETENCES
·         Customer – Centered
·         Innovative
·         Socially Responsible
AIREASON LIMTED is wholly owned by Nigerians and managed by experienced professionals across various disciplines.
STRATEGIC OIL AND GAS BUSINESS FACILITATOR
Owing to our relationships, exchanges and experience within the sector, we efficiently engage in the following;
1.    Sourcing and getting of Nigerian  Bonny Light Crude Oil (BLOC) for our clients such as;
a.    Refineries
b.    Representatives of refineries
c.     Authorized purchasers
d.    Oil & Gas merchants
e.    Etc.
2.    We broker deals in other petroleum products such as;
a.    Automotive Gas Oil (AGO)
b.    Premium Motor Spirit (PMS)
c.    Dual Purpose Kerosene (DPK)
d.    Low Pour Fuel Oil (LPFO)
e.    Etc.
3.    We also acquire/sale, lease/rent oil and gas storage facilities and property for our clients viz;
a.    Tank-farms
b.    Jetties
c.    Petrol filling stations
d.    Refineries
e.    Lands for the purposes of either a, c, or d above.
   With expert knowledge and grasp of the workings of the system, we are also in good relationship with the Department of Petroleum Resources (DPR) of the Federal Republic of Nigeria in areas of oil and gas property, approvals for owning and operating facilities in Nigeria such as petrol filling station, tank-farms, jetties, refineries etc.
However, we are looking out for capable refineries with proof of fund (POF) to deal with in terms of procuring them products from Nigeria. We currently have BLCO for sale through our various allottees and sellers in various terms as TTO, TTT, CIF and FOB.
On request, we are ready, willing and able to send our procedures to intending/prospective client with vow for conclusive business initiation.
We also, as stated above, deal with certified mandates to buyers such as refineries and the like.

Signed by: Management
Tel: +234 803 887 7166

Friday, 10 October 2014

BLCO CIF TRANSACTION PROCEDURE (Selling).

 Procedure of Transaction CIF
CIF GHANA  12/4
1. Seller issues contract (SPA)
2. Buyer and Seller sign and seal contract (SPA) including banking coordinates and buyer shall return the said contract within 48hrs. The electronic signed copy by both parties is considered legally binding and enforceable and must not be changed. The executed SPA is lodged in their respective banks. Buyer returns SPA with ATB/NOR format as the case may be.
3. Within 48hrs of signing of the SPA by Buyer and Seller, Buyer’s Bank shall issue by swift to Seller’s Bank, POF MT799 Block Fund in favour of Seller (A copy of the swift shall be sent to the seller). Upon confirmation of the Buyer's POF MT799 Seller release full cargo document to buyer.
3.1.  OR Buyer nominates his super cargo/inspector for physical confirmation and inspection all at buyer’s cost amounting to N10m (TEN Million Naira) only.
 This covers inspection activities inside Nigerian waters only.
4. Upon confirmation of Seller's loaded vessel by buyer’s representative, Buyer's bank issues via SWIFT fully Unconditional, Irrevocable, Confirmable, Callable and Transferable Standby Letter of Credit (SBLC) from a first class Western European or North American bank to the Seller’s bank while retiring the Swift MT799 and advanced transmission copy to Seller by e-mail for cross-verification/confirmation with his bank,
5. Upon confirmation of buyer’s payment instrument, Seller gives to the Buyer all Loading Documents. Vessel’s captain will provide NOR to the Buyer’s POD.

7. The Harbor Master shall acknowledge the receipt of the NOR from Captain of the seller’s vessel. The harbor Master shall send a confirmed POD to the vessel Captain for issuance of ETA.
8. The Seller shall establish full communication and control between the Buyer and the Captain of the vessel.
9. The Seller shall prepare the Logistics, obtain security clearance and cause Vessel Master to proceed for Q&Q Inspection by any nominated independent inspector of the buyer at a preferred location. (Where applicable).
10. The Captain of the vessel shall issue a confirmed ETA after a successful Q&Q report.
11. The terminal shall then;
(a). Register all documentation in Buyers name. Such documentation shall be
Confirm at the Terminal. (The documentation shall include valid BOL,
Warrant of Title, and inspection report.
(b). Clear the vessel out of Nigeria waters and sail to buyer’s POD with required documentation upon full authentication/reconfirmation of buyer’s Instrument.
12. Within 24hrs after berthing at POD, buyer’s Inspectors shall again carry out final Q&Q Inspection of cargo and issue the report to the Seller, Buyer, Captain, Seller’s Bank and Buyer’s Bank respectively.
13. The Seller shall collect all stipulated cargo/marine documents, Invoice and forward same to Buyer /Buyer’s Bank for payment. Buyer’s Bank shall within three (3) banking days after receipt of all the transaction documents as enumerated in this SPA, make SWIFT cash payments for cargo and commissions.
14. Vessel discharges into Buyer's shore tanks.


Inquiries:
Tel: +234 803 887 7166
Email: kingsolkem@gmail.com
Skype: kemka.ibeji