Tank Farm Nigeria

It All Starts Here

Are you not tired of fake petroleum products offers? What if you choose to do business with a company that is fully committed to secure and safe business transactions?

Tank Farm and Petroleum Products Marketing Limited would like to welcome you on board our train where oil deals are done in their truest forms and customer’s satisfaction is prioritized. Our topmost priority is risk mitigation carefully designed to ensure your business safety.

We are sure not for everyone but for selected few industry players who believe in simple and safe transactions. Also, a man of his words like you will always get what you want from us and we will always do our best to respect your time.

Tank Farm Nigeria Cornerstone

One of our key cornerstones at Tank Farm & Petroleum Products Marketing Limited is integrity hence, our commitment to transparency and ethical business practices. Above all, we don’t renege on our promises. Wouldn't you rather receive a quote from Tank Farm Nigeria?
...integrity matters

Five things to note when Trading Oil

There are two main trading methods with respects to crude oil trading – arbitrage and basis trading. If you desire to succeed at oil trading, here are five basic things to note - Publication, Incoterms, Time frame, Product, and Price/Differential.

The four basic publications with respects to physical commodity trading are Platts, Argus, OPIS, and NYMEX. You need them to acquaint yourself with prices and basis differentials as well as the settlement numbers when the market closes.

Product Specification & Basic Terms for Title Transfers

Whether it’s fungible grade of fuel or a blend stock, you need to pay enough attention to product specification. This is essential so as to be sure product conforms to your target market requirements.

Also you need to understand basic set of rules which define the responsibilities of sellers and buyers for the delivery of goods under sales contracts – Incoterms. This will help you to know at what point will title transfer to the other party.  The five frequently used incoterms include  FOB - Free On Board , CIF - Cost of Insurance and Freight ,  CIFoutturn, DDU and DDP