Simcol Petroleum Nigeria Limited
Documentation
Buyer submission requirements and process notes for export-focused refined product transactions. This page is designed to streamline readiness and align counterparties to refinery-level execution discipline.
Corporate / KYB
Required- Company profile (brief corporate overview)
- Certificate of Incorporation / Trade License
- Memorandum & Articles (or equivalent constitutional docs)
- Shareholder structure (beneficial ownership disclosure where applicable)
- Board resolution / authorization for the transaction (where applicable)
- Registered address + operating address
- Website (if available) and corporate email domain
KYC / Signatory
Required- Authorized signatory passport copy
- Proof of address (utility bill / bank statement)
- Signatory authority confirmation (letter / mandate confirmation)
- Contact details for transaction lead + compliance contact
Commercial Request Inputs
Required- Product: Jet A-1 or AGO (WAF spec GO)
- Quantity (and lifting program if multiple cargoes)
- Delivery basis: FOB / CIF (as applicable)
- Loading window (preferred dates)
- Destination / discharge port and country
- End-buyer / end-user details (if applicable)
Banking & Instrument Readiness
Required- Bank name + issuing branch (and relationship confirmation if requested)
- Buyer confirms ability to issue required financial instruments when applicable
- Instruments may include: PB (performance bond) / LC / SBLC (subject to seller/refinery process)
- Buyer confirms timeline to issue instruments once commercial terms are agreed
Process Notes
Export-focused mandate
Simcol supports export-focused refined product transactions and maintains a structured, documentation-first engagement process aligned to refinery and institutional trading standards.
Readiness gates
Commercial discussions typically proceed only when the counterparty’s documentation pack and basic banking readiness are confirmed. This reduces delays and aligns with refinery/seller process discipline.
Financial instruments (where applicable)
Refinery/seller requirements may include a performance bond (PB) prepayment/deposit or other financial instruments prior to issuance of commercial terms or formal documents. Requirements vary by transaction, product, and counterparty profile.
No offer / no allocation commitment
All materials and discussions are for preliminary process alignment and execution planning only and do not constitute an offer, allocation commitment, or binding agreement.
Ready to submit?
If your documentation and basic commercial inputs are prepared, proceed to the Dubai execution desk submission page.