Capitevo Petroqo FZE

Capitevo Petroqo FZECapitevo Petroqo FZECapitevo Petroqo FZE

Capitevo Petroqo FZE

Capitevo Petroqo FZECapitevo Petroqo FZECapitevo Petroqo FZE
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    • Home
    • About Us
    • Corporate Statement
    • Current Operative
    • Nigerian Specifications
    • Trade Desk Operations
    • Blog
    • Contact Us
  • Home
  • About Us
  • Corporate Statement
  • Current Operative
  • Nigerian Specifications
  • Trade Desk Operations
  • Blog
  • Contact Us

Nigeria

A woman's face blended within the map of Africa.

Our Oil and Gas Subsidiary Company GIECT Nig Limited / Capitevo Petroqo Limited Nigeria

Oil & Gas Trading Permit – Major Category


Permit Number: Provided upon demonstration of serious commercial intent and verified credentials.


Issuing Authority: Nigerian National Petroleum Corporation Limited (NNPCL) & Nigerian Upstream investment Management Services (NUIMS).


Company Registration Status: We are duly registered with the Nigerian National Petroleum Corporation Limited (NNPC Ltd.) including all affiliated subsidiaries and departments.


Operational Overview: Our team maintains active working relationships with key stakeholders across the Nigerian petroleum sector, including:


  • Nigerian Ministry of Petroleum
  • NNPC Limited Leadership (CEO, General Manager)
  • Nigerian Upstream Investment Management Services (NUIMS)
  • Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
  • NNPCL Trading S.A.
  • Crude Oil Marketing Division (COMD) (currently active)
  • Offshore terminal operations (superintendents and cargo loaders) at Bonny and Qua Iboe terminal


On-the-Ground Presence: Our Nigeria-based Chief Operating Officer and Managing Director, Mr. Charles Ikhihibhojere, has conducted multiple site visits to offshore platforms in recent years, demonstrating our direct operational involvement in the region.

Trade Program Overview We specialize in the supply of Nigerian-origin crude oil (API 34º–37º at 60°F), available under both trial/spot and term contracts. Our standard terms include a quantity +/- 5%, 1/2m/bbl. subject to market availability.


Pricing is benchmarked against the three-day average of Q&Q inspection mean quotations for Dated Brent (PCAAS00) as published by Platts Crude Oil Market Wire under "Key Benchmarks." Final pricing is calculated as the benchmark rate minus a mutually negotiated discount (net $X. XX per barrel).


Verification & Compliance Our allocation authority certificate is officially designated by the Nigerian Upstream Investment Management Services (NUIMS) under their respective official programs.


Authenticity of these allocations can be independently verified by Junior Trading Houses, National Oil Companies (NOCs), Refineries, and Supermajors through the following registered channels:


  • Nigerian Upstream Investment Management Services (NUIMS)
  • Nigerian National Petroleum Corporation Limited, (NNPCL)
  • NNPCL Crude Oil Marketing Division (COMD) – Currently Active.


Global Collaboration We actively seek strategic partnerships with Supermajors, junior trading desks, and key refineries across global markets. We hold these organizations in the highest regard and are committed to establishing long-term, mutually beneficial relationships.


If this opportunity aligns with your procurement strategy, we will welcome the chance to arrange a conference call to discuss specifics further.

NNPC Limited and their producing Joint Venture Partners

Our Global Lawyers, Banks, Chartered Accountants

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