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Guidelines (Oil/Gas)
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The following procedures apply in of Oil and Gas Related Exports from Nigeria. 

1.The Federal Government of Nigeria has appointed Cobalt International Services Ltd as Pre-Shipment Inspection Agents (PIA) for Oil and Gas Exports from Nigeria.

 

2.For those undertaking Oil and Gas Exports, the procedures for arranging inspections are straightforward, and the following steps are provided for ease of reference.

 

3.The Exporter should collect a NIGERIAN EXPORT PROCEEDS FORM (NXP Form) from their Bank, then complete and return the Form to their Bank for registration. The Exporter should note the NXP No so that it may be referred to in any correspondence.

 

4.The Nigerian Export Supervision Scheme (NESS) Administrative charge should then be paid to a Designated Bank, for which a receipt will be issued.

 

5.The Exporter’s Bank will then forward the NXP Form, and the Designated Bank a copy of the Receipt for the NESS Administration Fee, to Cobalt International Divisional Office in Lagos.

 

6.The Exporter should also complete a REQUEST FOR INFORMATION FORM (RFI Form), which can be collected either from the Cobalt International Website (www.cobaltintservices.com) or from the Company’s Divisional Office in Lagos.

 

7.The RFI Form is designed to provide the PIA with general information to enable the inspection to be undertaken as efficiently as possible, such as where and when a particular oil or gas consignment is due to be exported, contact details and shipping information etc.

 

After completion, the RFI Form should be submitted directly to Cobalt International Divisional Office in Lagos.

 

8.A period of 10 days notice should be given to Cobalt International prior to the proposed date of inspection.

 

9.The Exporter should also provide Cobalt International with any other relevant documents relating to the export transaction, such as Contract of sale, Pro-forma Invoice and Letter of Credit details.

 

10.The Exporter should provide all necessary support to enable the PIA to perform the inspection at the terminal and on-board the vessel.

 

11.As soon as loading is completed, the Exporter should complete a BILL OF LADING DECLARATION FORM (BLD Form), which can be collected either from the Cobalt International Website (www.cobalintservices.com) or from the Company’s Divisional Office in Lagos. This declaration should contain all pertinent information extracted from the Bill of Lading and be submitted to the Company’s Divisional Office in Lagos..

 

12.Cobalt International will issue a CLEAN CERTIFICATE OF INSPECTION (CCI) in respect of the Export within 3 working days following the inspection which the Exporter should collect from the Divisional Office of Cobalt International in Lagos.

 

13.Exporters should also provide Cobalt International with a copy of the Commercial (Final) Invoice.