If you would need to close a deal in the Oil and Gas business, then you must strive to apply a specialist approach. As a seller, having a commodity without having anybody to purchase is considered a waste. The essence of business is purchasing, selling and making money. There are numerous individuals seeking to broker a deal in this industry selling alternative energy however they are face with myriad of problems. The main reason because of the reality that the purchaser/seller mandate or facilitators are not doing things the way they should be done. Most times, the specific sellers already have their buyers and many buyers also have their sellers; these buyers could seek for products else where should there be a fantastic need for the crude oil product as well as their supplier cannot supply the required quantity. The people who do the scouting for either buyer/seller of crude oil product are mostly the mandates and facilitators. Usually the business becomes frustrating for them as they do not go about it the correct way.
In order for a seller agent to find a suitable buyer, I would advice for him to conduct some profiling. If you stand as a seller agent and searching for a genuine buyer, you should go through directories of refineries. Many of these directories list telephone numbers, contact address and in some cases email addresses. For those who have a strong relationship using the seller, you are able to request a letter of mandate ship from him. I suggest this for professionalism sake; it gives the buyer more comfort utilizing you. Now you have obtained this, it is possible to take the following steps:
Place a telephone call to the refinery/buyer: This first step is imperative since the majority of people would prefer a mobile phone communication so they can actually feel who they are relating with. Your sole purpose of which makes this call would be to introduce yourself along with your company (you should have a business name), tell the purchaser what you need to offer and how you would like to deliver, enough time it could choose to use deliver. If the buyer indicates interest, you can now ask for his current email address if you don’t get it.
Do an e-mail to the buyer: After you have made the cell phone call, you can now send an email to him together with your working procedure along with you letter of mandate ship and company details. The mail should reference the phone call which had been placed to him and the exact time and date. You may also re-introduce yourself yet another time. If after experiencing the procedure and that he is comfortable with it, you may now proceed with the other area of the deal as indicated within the procedure.
Alternatively, you may 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 also include your letter of mandate ship along with your procedure. Please ensure that this letter is packaged in a professional manner along with your contact info contained in it. You are able to send to as many companies as possible and wait to get your response. In the event you don’t obtain a response within a time period of time, you are able to get in touch with to ask if they got your letter and when they are interested in using the services of you.
There are many kinds of crude oil starting from: Brent crude, Bonny Light, Forcados Crude, Saudi Light Crude, etc. The specification of these items are relatively different and their demand and prices also varies. Amongst these crude oil, usually the one in higher demand is the bonny light crude oil that is said to have a higher API gravity (low specific gravity) which is mostly produced in the Niger Delta basin of Nigeria. The low sulfur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and also the lower environmental impact of its byproducts in refinery effluent. However, a couple of countries happen to be believed to have this crude oil in abundance, these countries are Nigeria, Russia, Saudi Arabia, Kuwait, Iran, USA, etc. A number of lydzwm countries possess a large demand in their own country so buying from their website might pose some difficulty. Nigeria remains known to be probably the most flexible country with regards to buying crude oil should you be fortunate to discover into genuine sellers.
Having said, the big question now is how to have this verifiable sellers?. Although, inside the parallel market of Oil industry it will be the buyer who always should come clean first and disclose its profile, want and ability and ought to be ready to provide documents and even more importantly exercise cautious. There is a lot of fake sellers on the market, and basically – the watchword arrives-diligence. Without wanting to appear disparaging, anybody who enters such markets without having in-depth understanding of the dynamics and mechanics from the market itself, without experience, is seeking trouble. Due diligence is definitely the only sure means of making certain – how good do you actually know this counter party? In a Research you must know when the “seller” is really a duly registered company particularly in some countries but dealing locally, or having someone to correspond using the sellers in the country you happen to be buying the product from is vital.