Security in oil and gas transactions is non-negotiable. With large sums and international players involved, ensuring a secure deal structure is critical.

Key Security Tools:

• Letters of Credit (LC): Secure, bank-issued financial instruments
• Escrow Accounts: Holding funds safely until conditions are met
• Performance Bonds: Guarantees from sellers to perform or compensate

Standard Protocols:

• NCNDA/IMFPA agreements to protect intermediaries
• Step-by-step procedures with agreed milestones
• SGS inspection and verification at loading and discharge ports

CBCommodities helps clients navigate these tools to ensure funds and product are protected at every stage.=