Commercial property joint venture
Central Business District, Abuja
Opec crude oil lifting license --- lease opportunity
overview
build centre properties ltd is offering for lease an opec crude oil lifting licence (subject to verification and statutory approvals).
this opportunity is made available to serious, financially capable corporate lessees or consortia with proven experience in hydrocarbon trading, lifting operations and regulatory compliance.
all transactions will be conducted under nigerian law and subject to confirmation by the nigerian national petroleum company (nnpc) and other relevant authorities.
commercial terms
- total weekly package: usd 250,000
- owner/operator remittance: usd 150,000 / week
- facilitators/intermediaries: usd 100,000 / week
- all fees and allocations are indicative and subject to final contract, verification and applicable taxes, royalties and levies under nigerian law.
- all payments and remittances will be handled through mutually agreed, regulated banking channels.
no cash or informal settlement methods will be accepted.
key capacities
- crude oil lifting capacity: 800,000 barrels (per lifting/timetable as agreed)
- gas capacity: 900 trillion (as stated by lessor; to be verified)
- leasing duration: 5 years
- location of licence administration/verification: (nnpc towers) abuja
- licence expiration date: 2030
procedures (high-level)
1. expression of interest (eoi): interested parties submit an eoi and proof of financial capability.
2. agreement & indemnity: lessee and lessor execute a binding licence lease agreement and indemnity on agreed commercial terms (subject to regulatory approvals).
3. agent/facilitator mou: any agents or facilitators shall sign a separate mou, imfpa defining commission, duties and compliance obligations.
4. execution meeting: lessor and lessee meet for formal document execution and sign‑off.
5. legal documentation: parties' counsel draft, review and execute all necessary agreements (licence lease, security/guarantee documents, escrow or trust arrangements where applicable).
6. regulatory verification: formal verification and confirmation of licence validity and transferability/usage rights by nnpc (abuja) and other competent nigerian authorities. all required regulatory consents and clearances must be obtained prior to any lifting or operational activity.
7. upfront payment & handover: subject to satisfactory verification and legal completion, agreed upfront payment(s) are made by lessee to lessor (per contract terms) and the lessee is authorised to utilise the licence within the scope permitted by regulators.
eligibility & mandatory documentation
prospective lessees must be able to evidence the following prior to entering detailed negotiations:
- corporate documents: certificate of incorporation, memorandum & articles of association, board resolution authorising transaction, cac documentation (for nigerian entities) or equivalent for foreign entities.
- proof of experience: demonstrable track record in crude/gas offtake, trading, lifting or logistics (references, contracts, transaction history).
- proof of funds (pof): bank confirmation letters, audited financial statements, or confirmed credit facilities demonstrating capacity to meet weekly package and any required upfront payments.
- kyc / aml documentation: beneficial owner identification, passport/id, proof of address, tin, and aml declarations for all principal stakeholders.
- regulatory authorisations: existing permits/registrations relevant to hydrocarbon trading (if applicable) or evidence of ability to procure such approvals.
- legal counsel details: name and contact of appointed counsel to coordinate contract drafting and regulatory liaison.
compliance, governance & risk management
- all transactions are conditional on strict compliance with nigerian petroleum law, opec-related rules as applicable, foreign exchange regulations and anti‑money laundering/combating the financing of terrorism (aml/cft) obligations.
- an independent forensic compliance review and legal opinion will be required before any funds change hands.
- parties must agree to open escrow or an agreed secure payment mechanism for upfront and milestone payments, with funds released only on verification milestones.
- the lessor will not engage with parties that cannot pass standard kyc/aml, pep screening and sanctions checks.
confidentiality & exclusivity
- discussions will be conducted under a signed non‑disclosure agreement (nda).
- exclusive negotiation rights may be granted to a single qualified party for a limited period following satisfactory initial due diligence and deposit, subject to mutual agreement.
contact & next steps
serious, pre‑qualified and financially capable clients or lessees should contact us to request the eoi pack and to arrange a confidential, credentialed briefing.
disclaimer
this listing is an invitation to negotiate and does not constitute an offer or guarantee of availability, title validity or regulatory transferability. all information provided is subject to independent verification. the lessor and build centre properties ltd reserve the right to decline negotiations with any party that fails to meet due diligence, compliance or regulatory standar...
More details
Added Yesterday
$250,000
approx. ₦354,539,883
The Build Centre Properties
09028190510