Vertical II · being operationalised
The corridor,
in reverse.
The petroleum vertical follows the same axis as gold, the other way round: refined products moving down from the Gulf to national buyers and licensed importers in West Africa.
This vertical is being structured. The elements below describe the intended scope and technical command, not available stock or current allocations.
01
Products covered
- Gasoil
- EN 590 — automotive and industrial use
- Gasoline
- Per specification agreed in contract
- Jet fuel
- Jet A-1 — DEF STAN 91-091 and ASTM D1655
The same corridor, in reverse.
02
The back-to-back mechanism
A back-to-back operation matches purchase and resale on simultaneous commitments: we buy only once the final buyer is committed, and the banking instruments on both sides trigger one another. This structure removes stock carrying and limits price exposure.
03
Banking instruments accepted
- DLC — irrevocable documentary credit, confirmed by a first-rank bank
- SBLC — standby letter of credit, subject to form and issuing bank approval
- Escrow — third-party account, on qualified operations and counterparties
- Every instrument requires prior approval: issuing bank, form, tenor and jurisdiction
04
Quality control and documentation
- Independent third-party inspection at loading and discharge
- Certificate of analysis attached to the documentary set
- Bill of lading · certificate of origin · quality and quantity certificate · inspection report
- CIF Incoterm