If you would have to close a deal in the Oil and Gas business, then you must strive to apply a specialist approach. As being a seller, having a commodity without having anybody to buy is considered a waste. The essence of business is buying, selling and making profits. There are plenty of people out there attempting to broker a deal in this industry selling read more but they are face with myriad of problems. The reason why because of the fact that the customer/seller mandate or facilitators are not doing things the way they needs to be done. Most times, the particular sellers already have their buyers and most buyers also have their sellers; these purchasers could look for products else where should there be a fantastic necessity for the crude oil product along with their supplier cannot supply the required quantity. The people who do the scouting for either buyer/seller of crude oil product are mainly the mandates and facilitators. Normally the company becomes frustrating for them as they do not go about it the correct way.
For a seller agent to locate a suitable buyer, I might advice for him to conduct some profiling. If you stand being a seller agent and looking for a genuine buyer, you ought to undergo directories of refineries. Most of these directories list telephone numbers, contact address and perhaps contact information. In case you have a powerful relationship with the seller, you can request for a letter of mandate ship from him. I would recommend this for professionalism sake; it affords the buyer more comfort utilizing you. Now that you have obtained this, you are able to consider the following steps:
Place a mobile phone call for the refinery/buyer: This first step is imperative since the majority of people would prefer a phone communication so they can come to feel who they really are relating with. Your sole aim of which makes this call is always to introduce yourself along with your company (you ought to have a business name), tell the buyer what you must offer and exactly how you would like to deliver, enough time it might take to deliver. In the event the buyer indicates interest, you can now ask for his email address if you don’t have it.
Do an e-mail towards the buyer: After you have made the telephone call, now you can send an email to him with your working procedure combined with you letter of mandate ship and company details. The mail should reference the call that was placed to him as well as the exact time as well as date. You may also re-introduce yourself one more time. If after experiencing the procedure and then he is comfortable with it, now you can proceed with all the other part of the deal as indicated in the procedure.
Alternatively, you can also write to companies buying crude oil. The letter should be an introduction letter written along with your company letter headed paper. In case you are the mandate, you can even include your letter of mandate ship as well as your procedure. Please be sure that this letter is packaged in a professional manner together with your contact details a part of it. It is possible to send to as much companies that you can and wait to get your response. If you don’t get a response within a period of time, you are able to contact to question should they got your letter and when they are considering using the services of you.
There are numerous types of crude oil which range from: Brent crude, Bonny Light, Forcados Crude, Saudi Light Crude, etc. The specification of these items are relatively different as well as their demand and prices also varies. Amongst these crude oil, usually the one in higher demand is definitely the bonny light crude oil which can be said to get a higher API gravity (low specific gravity) in fact it is mostly produced in the Niger Delta basin of Nigeria. The low sulfur content of Bonny Light crude causes it to be an extremely desired grade for its low corrosiveness to refinery infrastructure as well as the lower environmental impact of the byproducts in refinery effluent. However, a few countries have already been said to have this crude oil in abundance, these countries are Nigeria, Russia, Saudi Arabia, Kuwait, Iran, USA, etc. Some of lydzwm countries have got a large demand in their country so buying from them might pose some difficulty. Nigeria continues to be considered to be by far the most flexible country in relation to buying crude oil if you are fortunate to discover into genuine sellers.
Having said, the major question now is how to buy this verifiable sellers?. Although, in the parallel market of Oil industry it is the buyer who always should come clean first and disclose its profile, want and ability and should also be willing to provide documents and more importantly exercise cautious. There is lots of fake sellers available, and quite simply – the watchword is due-diligence. Without planning to appear disparaging, anyone that enters such markets without having in-depth knowledge of the dynamics and mechanics of the market itself, without any experience, is asking for trouble. Research will be the only sure method of making sure – how well do you actually know this counter party? In a Homework you must know if the “seller” is a duly registered company specifically in some countries but dealing locally, or having a person to correspond with the sellers in the country you are purchasing the product from is essential.