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
  • Distillate Operations
  • Blog
  • Contact Us
  • More
    • Home
    • About Us
    • Corporate Statement
    • Current Operative
    • Nigerian Specifications
    • Distillate Operations
    • Blog
    • Contact Us
  • Home
  • About Us
  • Corporate Statement
  • Current Operative
  • Nigerian Specifications
  • Distillate Operations
  • Blog
  • Contact Us

Nigeria

Our Oil and Gas Subsidiary Company GIECT Nig Limited

We are a Category Two supplier (#39114) registered with the Nigerian National Petroleum Corporation Limited (NNPC Limited) and its subsidiaries. Our team works closely with key stakeholders, including the Nigerian Ministry of Petroleum, the CEO, GM, and the Crude Oil Marketing Division (COMD), as well as the superintendents and cargo loaders at the offshore Bonny and Qua Iboe terminals. Our Nigeria-based Chief Operating Officer, Director, Charles Ikhihibhojere, has visited the offshore platform multiple times in recent years, underscoring our hands-on 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 (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 can designate allocations to our company (Supplier #39114) under its official program. Buyers and Off-Takers can verify the authenticity of our allocations through NNPC 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 (PPP) 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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