Nemak Trading & Investment Group is focused on selling crude oil and other refined petroleum products such as Jet A1 fuel, Aviation Kerosene Colonial Grade 54, Virgin Fuel D6, Automotive Gas Oil, LNG, LPG, Diesel Fuel EN 590, Ultra-Low Sulphur Diesel (ULSD 10 PPM - 500 PPM), etc. We currently work with allocation holders of crude oil from Nigeria and sellers of refined petroleum products from Russia. We have the buyers for these products which includes the U.S. government. To move the crude oil from the loading port to the buyers' destination port requires Nemak Trading & Investment Group to provide Proof of Funds (POF) in one of the following forms: SBLC Via MT760, DLC Via MT700 or MT799 Blocked Funds. The contract is usually for 12 months with possible extension by the buyer. For the Crude Oil, the amount of the POF runs in millions of dollars depending on the quantity of purchase. We are currently working with a Swedish company who can post any of these POF with a minimal fee. The Sellers of the refined petroleum products requires Nemak Trading & Investment Group to provide proof of Tank Storage Agreement and paid receipt of the tank storage to receive the fuel. We need the funds to engage a reputable Tank Farm. We have engaged a logistics company who can provide tank storage facility in Houston, Rotterdam, or Antwerp depending on the buyer's destination to receive the fuel. We need the funds to engage these companies in order to facilitate these transactions. At the present time, we have two buyers looking to receive Jet A1 and Virgin Fuel D6 in Houston. The estimated closing time for any of these transactions from start to finish is about 2 weeks to 5 weeks depending on the product and destination. For example, crude oil transport from Nigeria to US Gulf Coast and Europe is about seventeen days, China main port is about 35-43 days. The refined petroleum products such as Jet A1 Fuel, D6 diesel fuel, Automative Gas Oil (AGO), etc transactions takes about 2 weeks to complete because they are transported to the port of destination via pipeline.
The other project Nemak is exploring is to independently own and operate gas stations. This is where the bulk of the funds we are looking for will be spent particularly, in land acquisition, architecture, equipment, staff, etc. We have already started a conversation with Chevron and CITGO petroleum on the steps to follow.
Our business is all about petroleum products. We see our immediate turn around in the crude oil and refined petroleum products sales. We are a vendor to the U.S. government but we have to bid on the posted purchases and follow the government's stringent requirements to supply. Our team of experts which includes our President/ CEO, Anthony Igwe can make a quick turn arround on revenue if requested funding becomes available.
Nemak Trading & Investment Group, llc.
13218 Terralyn Way,
Sugar Land, TX 77478-6058
Phone: +1-832-867-0632
Email:
[email protected]