• Fleissen & Company Limited
Course

Managing crude oil export processes

Tuesday 1 Jul 2025 - Friday 4 Jul 2025

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Course Overview

In an era of heightened regulation, commercial complexity, and shifting global oil dynamics, mastering the art and science of crude oil exportation has never been more critical. This intensive 4-day course offers a comprehensive, practitioner-oriented immersion into the full lifecycle of crude oil exports from Nigeria. It is specifically designed to equip professionals with the practical tools, legal acumen, and strategic insight needed to navigate the complex web of export planning, operational logistics, contract structuring, regulatory compliance, and ESG risk management.

Whether you are managing terminal operations, negotiating SPAs, coordinating with regulatory agencies, or overseeing shipping and documentation, this course will enable you to make high-stakes decisions with precision and confidence. The training integrates real-world scenarios, regulatory updates under the Petroleum Industry Act (PIA), and internationally aligned best practices to ensure participants emerge not only informed—but export-ready.

Expected Learning Outcomes

By the end of this course, participants will be able to:

  • Understand the structure of Nigeria’s crude oil export value chain and global trade dynamics.
  • Comply with the Domestic Crude Supply Obligation (DCSO) and regulatory requirements under the PIA.
  • Interpret and negotiate key terms in Sales & Purchase Agreements (SPA) and Charter Party contracts.
  • Effectively plan logistics, vessel chartering, and terminal operations while managing demurrage risks.
  • Prepare and manage export documentation including PAAR, BoL, CoQ, and compliance forms.
  • Evaluate ESG risks and apply global best practices in sustainable crude oil trading.
  • Simulate crisis management scenarios involving regulatory delays, piracy, and environmental exposure.

Course Modules

Module

Title

Description

Duration

MCX01

Understanding the Global Oil Market and Nigeria’s Position

Explores global crude benchmarks, OPEC+ dynamics, and Nigeria’s export relevance in the global oil market.

One day

Day—1

MCX02

Crude Export Governance and the DCSO Framework

Covers the Domestic Crude Supply Obligation (DCSO) requirements under the PIA and outlines the export stakeholder landscape and process.

MCX03

Sales & Purchase Agreements and Charter Party Contracts

Breaks down SPA and Charter Party clauses, negotiation strategies, and legal responsibilities in crude export transactions.

One day

Day—2

MCX04

Export Documentation and Regulatory Compliance

Details key export documents, permit processes, INCOTERMS, and compliance requirements with Customs, NUPRC, and CBN.

MCX05

Tanker Selection and Freight Cost Estimation

Introduces vessel types, freight rate calculation using Worldscale, laycan management, and port cost components.

One day

Day—3

MCX06

Terminal Loading, STS Operations and Demurrage Resolution

Explains terminal operations, causes of demurrage, dispute resolution procedures, and ship-to-ship transfer planning.

MCX07

ESG Obligations and Export Compliance Frameworks

Examines ESG risks including flaring, spills, emissions, and compliance with global regulations like OFAC and FCPA.

One day

Day—4

MCX08

Strategic Trends and Crisis Response in Nigeria’s Oil Export

Analyzes future crude trade dynamics and simulates strategic responses to export disruptions and ESG audits.

Delivery Method

The course is delivered through a blend of expert-led presentations, contract walkthroughs, regulatory simulations, group case studies, practical exercises, and access to editable tools/templates. It is designed to be interactive, hands-on, and anchored in real scenarios drawn from the Nigerian export environment and global best practices.

Target Audience

  • Banks and insurance companies
  • Oil and gas producers
  • Terminal operations staff
  • Government revenue officials and regulators
  • Private exporters, marketers, off-takers
  • Junior oil traders and logistics coordinators
  • Compliance and ESG officers
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