Petrol, also known as Gasoline or Premium Motor Spirit (PMS), is used to power internal combustion engines mostly in vehicles and generators. Generated from crude distillation, PMS consists of organic compounds and additives that enhance engine performance. Goldlin Dimension Limited supplies petroleum products through its strategically located retail outlets spread across Nigeria. The company has been able to achieve adequate supply of PMS to its customers even in times of scarcity.
Our Supply Process
Our trade process spreads across CIF, FOB, TTO, and TTT, depending on the buyer’s preference.
Here’s what they entail:
1). Cost Insurance and Freight (CIF): Here, the seller will handle everything from loading the vessel, paying for insurance, and sending the product to wherever the buyer wants it delivered.
2). Freight On Board (FOB): Here, the seller pays for the transportation of the goods to the port of shipment, plus loading costs, while the buyer pays the cost of marine freight transport, insurance, unloading, and transportation from the originating port to the final destination.
3). Tanker Take Over (TTO): Here, the buyer will take over the vessel, offload the product at their destination, and return it.
4). Tanker To Tanker (TTT): Here, the buyer uses their own vessel, long sides with the seller’s vessel, and then the cargo is transshipped when the transaction is fully settled.
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