Capitevo Petroqo FZE

Capitevo Petroqo FZECapitevo Petroqo FZECapitevo Petroqo FZE

Capitevo Petroqo FZE

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

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 Upstream Petroleum Regulatory Commission (NUPRC)

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)
  • NNPCL Trading S.A.
  • Crude Oil Marketing Division (COMD) (Still active)
  • Offshore terminal operations at Bonny and Qua Iboe

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 offer Nigerian-origin crude oil (API 34º–37º at 60°F) under trial/spot and term contracts (+/- 5% tolerance, 1/2m/bbl.)., subject to availability). Pricing is based on a three-day average of Q&Q inspection mean quotations for Brent (Dated) (PCAAS00) London, as published by Platts Crude Oil Market Wire under "Key Benchmarks," minus a negotiated discount ($X. XX per barrel, net).


Verification & Compliance

NNPC Limited / NUPRC designate allocations to our company under its official program. Buyers (Off-Takers) can verify the authenticity of our allocations through NNPC Trading Limited’s registered agencies via:


Commitment Assurance Letter. (CAL)

Allocation Confirmation Letter (ACL) on the assigned chosen quantity for a trial, (spot) or twelve-month annual delivery.  Partial Proof of Product (PPOP) e.g. BoL, ATS, etc., 


Global Collaboration

We are keen to engage with Super majors, Junior trade desks and other key refineries in the global markets. If of interest, we would be happy to arrange a conference call to discuss further. We hold the Government NOC’s, Supermajors, and Junior Trade desk organization in the highest esteem and are committed to building a long-term, mutually beneficial partnership.

OPEC (NNPC Ltd) and their producing Joint Venture Partners

Our Global Lawyers, Banks, Chartered Accountants

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