nigerian crude oil Procurement
Nigerian Crude Oil Supplier Inquiry
Looking for a Nigerian crude oil supplier? Submit your commercial requirement to Paradise MultiTrade International Limited and tell us what you are looking to purchase.
Our Oil & Gas desk can review your Requirement and determine the appropriate Commercial and Procurement pathway based on the information provided
Nigeria-based • International Trade • Oil & Gas • Logistics
start your procurement discussion
Tell Us What You Need
Every crude oil procurement requirement is different. Some buyers know the exact Nigerian crude grade they require, while others need to evaluate several grades based on refinery configuration, quality requirements, destination, economics and logistics.
Providing clear information about your requirement allows the commercial discussion to begin from a stronger foundation.
Nigeria-based • International Trade • Oil & Gas • Logistics
what we need to know
- Company
- Crude grade
- Quantity
- Destination
- Delivery preference
- Contract requirement
- Purchase timeline
buyer Enquiry
Submit Your Nigerian Crude Oil Requirement now
Please provide the information below as accurately as possible. A detailed inquiry helps us understand your requirement and determine the appropriate next step.
What Happens After You Submit Your Inquiry?
01
Requirement review
We review the information provided to understand your crude oil requirement.
02
Buyer qualification
Relevant commercial information may be reviewed to determine the appropriate next step.
03
commercial discussion
Where appropriate, the requirement can proceed to further discussion with relevant commercial counterparties.
04
Next Step
Depending on the transaction structure, subsequent stages may involve documentation, due diligence, commercial negotiations and contractual arrangements.
International Trade • Oil & Gas • Logistics
Important: Crude specifications can vary by cargo and production circumstances. Buyers should rely on the applicable crude assay, contractual specifications and supporting documentation for the specific transaction.
Which Nigerian Crude Grade Are You Looking For?
If you already know the crude grade you require, select the relevant option below. If you are unsure, simply submit the inquiry form and explain your refinery or trading requirement.
Qua Iboe
A recognized Nigerian crude stream associated with the Qua Iboe export system.
Not Sure Which Nigerian Crude Grade You Need?
That’s okay. Tell us about your refinery, trading or procurement requirement and the destination market. The appropriate crude grade can then be evaluated based on the relevant technical and commercial considerations.
Professional procurement
Why Buyer Qualification Matters
Physical crude oil transactions involve significant commercial, financial and operational commitments. Proper qualification helps ensure that discussions are directed toward genuine commercial requirements and appropriate counterparties.
01
Corporate Identity
Understanding who the buyer is and where the company operates.
02
Procurement capacity
Understanding the scale and nature of the intended purchase.
03
Product Requirement
Identifying the appropriate crude grade and specifications.
04
Destination
Understanding where the cargo is intended to be delivered.
Documentation
Commercial Documents May Become Part of the Process
Depending on the transaction structure, qualified buyers may encounter commercial documents such as a Letter of Intent (LOI), Irrevocable Corporate Purchase Order (ICPO), Full Corporate Offer (FCO) and Sales and Purchase Agreement (SPA).
01
LOI
Expression of serious purchase interest.
02
ICPO
Formal buyer-side purchase order used in certain commercial structures.
03
FCO
Detailed commercial offer normally issued by the seller or authorized selling entity.
04
SPA
Contract setting out the agreed commercial terms and obligations.
Learn more about crude oil transaction documentation in our Oil & Gas Knowledge Centre.
How Is Nigerian Crude Oil Priced?
How Is Forcados Crude Oil Priced?
International physical crude transactions may use recognized benchmarks such as Brent together with an agreed differential or another contractual pricing mechanism. The actual pricing formula depends on the crude grade, transaction structure, pricing period and negotiated commercial terms.
The differential is not automatically a broker commission. It is part of the commercial pricing of the crude and can reflect market conditions, quality, timing, location and other factors.
Illustrative example only:
Benchmark: Brent — $80/bbl
Agreed differential: -$1/bbl
Illustrative crude price: $79/bbl
Any facilitation, brokerage or other commercial fee should be separately agreed and properly documented where applicable.
due Diligence
Professional Buyers Should Conduct Due Diligence
Submitting an inquiry does not guarantee product availability or a completed transaction. Appropriate verification should be conducted before financial commitments are made.
01
VERIFY THE COUNTERPARTY
02
VERIFY COMMERCIAL AUTHORITY
03
VERIFY PRODUCT INFORMATION
04
REVIEW CONTRACTUAL TERMS
05
VERIFY LOGISTICS
06
UNDERSTAND PAYMENT REQUIREMENTS
fraud warning
Beware of Fake Crude Oil Suppliers and Mandates
The international petroleum market attracts fraudulent offers, fake mandates, impersonation and unrealistic pricing claims. Buyers should be cautious of pressure to make upfront payments, unverifiable corporate identities, unexplained fees and offers that cannot be independently supported.
Never rely solely on a document because it carries a company logo, stamp or signature. Proper verification is essential.
PARADISE MULTITRADE INTERNATIONAL LIMITED
An International Trade Company
Paradise MultiTrade International Limited operates across international trade, commodity sourcing, logistics and related commercial activities. Our Oil & Gas desk is designed to support serious commercial discussions involving Nigerian petroleum opportunities.
Frequently asked questions
01
Can I submit an inquiry without knowing the exact crude grade?
Yes. Explain your refinery, trading or procurement requirement and we can determine what information is needed to evaluate the appropriate crude grade.
02
What quantity can I request?
Buyers should state their required quantity. Available cargo volumes depend on the specific supply opportunity and transaction structure.
03
Do I need to be a refinery?
No. Legitimate enquiries may come from qualified traders, petroleum companies and other institutional buyers with genuine procurement requirements.
04
Can I request Bonny Light?
Yes. Bonny Light is one of the Nigerian crude grades that buyers may enquire about, subject to actual availability and applicable commercial arrangements.
05
Can I request Forcados?
Yes. Buyers may submit a Forcados requirement and provide the desired quantity and destination.
06
What happens after I submit the form?
The inquiry can be reviewed to understand the commercial requirement and determine the appropriate next step.
07
Does submitting an inquiry guarantee supply?
No. An inquiry begins a commercial discussion until both parties agree on a contractual term.Â
08
Can I request an FCO immediately?
An FCO is generally a seller-side commercial offer and normally follows appropriate commercial discussions and qualification.
NIGERIAN CRUDE OIL BUYER DESK
Have a Genuine Nigerian Crude Oil Requirement?
Submit your procurement details and let Paradise MultiTrade International Limited understand what you are looking to buy.
PARADISE MULTITRADE INTERNATIONAL LIMITED
Commercial Support for Nigerian Crude Procurement
Paradise MultiTrade International Limited provides international trade, commodity sourcing, and logistics support, connecting commercial requirements with appropriate transaction processes.
- International Trading Company
- Commodity Sourcing Experience
- International Buyer Orientation
- Commercial Documentation Awareness
- Logistics Perspective
- Professional Trade Communication