¶¶Òõ¶ÌÊÓƵ

All Countries
Petroleum Product Supply Agreement

Petroleum Product Supply Agreement Template for Nigeria

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Petroleum Product Supply Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Petroleum Product Supply Agreement

"I need a Petroleum Product Supply Agreement for the supply of diesel fuel to our manufacturing facilities in Lagos, Nigeria, starting from March 2025, with specific provisions for daily delivery quantities of 50,000 liters and emergency backup supply arrangements."

Celebrated by
Collaborations with
Investors
Document background
The Petroleum Product Supply Agreement is a critical document used in Nigeria's oil and gas sector to establish legally binding arrangements for the supply of petroleum products. It is particularly relevant for transactions involving refined petroleum products such as gasoline, diesel, jet fuel, and other petroleum derivatives. The agreement must comply with Nigerian legislation, particularly the Petroleum Industry Act 2021 and related regulations, while addressing commercial, operational, and technical aspects of petroleum product supply. This document is essential for both domestic and international trade in petroleum products within Nigeria, incorporating local content requirements, environmental standards, and specific regulatory compliance obligations. It typically includes detailed provisions for product specifications, delivery mechanisms, pricing structures, quality control procedures, and risk allocation between parties.
Suggested Sections

1. Parties: Identification of the supplier and buyer, including registration details and addresses

2. Background: Context of the agreement, including supplier's authority to sell and buyer's authority to purchase

3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement

4. Supply Obligations: Core obligations regarding the supply of petroleum products, including quantities and specifications

5. Delivery Terms: Detailed terms of delivery, including location, method, and transfer of risk

6. Price and Payment: Pricing mechanism, payment terms, and invoicing requirements

7. Quality and Quantity: Product specifications, testing procedures, and measurement standards

8. Title and Risk: Transfer of ownership and risk allocation

9. Compliance with Laws: Obligations to comply with Nigerian petroleum laws and regulations

10. Term and Termination: Duration of agreement and termination provisions

11. Force Majeure: Events constituting force majeure and consequent rights and obligations

12. Liability and Indemnity: Allocation of risks and responsibilities between parties

13. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law

14. Miscellaneous: Standard boilerplate provisions including notices, amendments, and assignments

Optional Sections

1. Local Content Requirements: Specific section on Nigerian content requirements - include when supplier needs to demonstrate compliance with local content laws

2. Storage Facilities: Details of storage arrangements - include when supplier or buyer provides storage facilities

3. Transportation: Specific transportation arrangements - include when transportation is handled by either party

4. Credit Support: Requirements for letters of credit or other security - include for high-value contracts or with new counterparties

5. Environmental Compliance: Detailed environmental obligations - include when handling particularly hazardous products or in environmentally sensitive areas

6. Insurance: Specific insurance requirements - include when particular risks need to be covered

7. Product Additization: Requirements for product additives - include when specific product modifications are required

8. Emergency Response: Emergency procedures - include when handling high-risk products or in sensitive locations

Suggested Schedules

1. Product Specifications: Detailed technical specifications of petroleum products

2. Pricing Formula: Detailed pricing calculations and adjustments

3. Delivery Locations: List and details of approved delivery points

4. Testing Procedures: Detailed procedures for quality testing and measurement

5. Key Performance Indicators: Performance metrics and measurement criteria

6. Form of Letter of Credit: Standard form for any required letters of credit

7. Compliance Certificates: Required forms and certificates for regulatory compliance

8. Operating Procedures: Detailed operational procedures for delivery and handling

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions




















































Clauses




































Relevant Industries

Oil & Gas

Energy

Petrochemicals

Transportation & Logistics

Manufacturing

Power Generation

Aviation

Maritime

Industrial

Retail Fuel Distribution

Relevant Teams

Legal

Commercial

Supply Chain

Procurement

Operations

Compliance

Risk Management

Trading

Logistics

Quality Control

Finance

Business Development

Relevant Roles

Commercial Director

Supply Chain Manager

Procurement Manager

Legal Counsel

Operations Manager

Compliance Officer

Business Development Manager

Contract Administrator

Risk Manager

Trading Manager

Logistics Manager

Quality Control Manager

Environmental Compliance Officer

Finance Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Wood Supply Agreement

A Nigerian law-governed agreement setting out terms for commercial wood supply, including quality, delivery, pricing, and regulatory compliance requirements.

find out more

Vegetable Supply Contract

A Nigerian law-governed agreement for the commercial supply of vegetables, establishing terms between suppliers and buyers while ensuring regulatory compliance.

find out more

Medical Supply Agreement

A Nigerian law-governed agreement for medical supply arrangements, ensuring regulatory compliance while establishing supply terms and conditions.

find out more

Private Water Supply Agreement

Nigerian-law governed agreement for private water supply services, establishing terms between water providers and customers.

find out more

Food Supply Contract Agreement

A Nigerian law-governed agreement establishing terms for food product supply, including quality standards, delivery terms, and regulatory compliance.

find out more

Agreement For Labour Supply

Nigerian-law governed agreement for the provision of temporary or permanent labor services between a labor supply company and client organization.

find out more

Sand Supply Contract Agreement

A Nigerian law-governed agreement establishing terms and conditions for commercial sand supply operations, including quality, delivery, and regulatory compliance requirements.

find out more

International Supply Agreement

Nigerian law-governed agreement setting terms for international supply of goods, with at least one Nigerian party involved.

find out more

Petroleum Product Supply Agreement

A Nigerian law-governed agreement for the supply of petroleum products, establishing terms between supplier and buyer under Nigerian petroleum legislation.

find out more

Private Label Supply Agreement

Nigerian-law governed agreement for manufacturing and supplying private label products, establishing terms between supplier and buyer.

find out more

General Supply Contract

A Nigerian law-governed contract establishing terms and conditions for the regular supply of goods between parties, including delivery, pricing, and quality requirements.

find out more

Credit Agreement For Supply Of Goods

Nigerian law-governed agreement establishing terms for supply of goods on credit, including payment terms, security arrangements, and delivery conditions.

find out more

Equipment Supply Agreement

A Nigerian law-governed agreement setting out terms and conditions for equipment supply, including specifications, delivery, warranties, and payment terms.

find out more

Meat Supply Contract

A Nigerian law-governed agreement for commercial meat supply, incorporating local food safety and regulatory requirements.

find out more

Food Supplier Agreement

A Nigerian law-governed agreement establishing terms for food supply arrangements, including quality standards and regulatory compliance.

find out more

Development And Supply Agreement

A Nigerian law-governed agreement combining product development and supply terms, establishing framework for product creation and ongoing supply relationship.

find out more

Module Supply Agreement

A Nigerian law-governed agreement establishing terms for module supply, including specifications, quality standards, delivery, and commercial terms.

find out more

Medical Equipment Purchase Agreement

A Nigerian law-governed agreement for the purchase of medical equipment, including regulatory compliance, warranties, and technical specifications.

find out more

Raw Material Supply Agreement

A Nigerian law-governed agreement establishing terms for raw material supply, including quality specifications, delivery terms, and compliance requirements.

find out more

Sole Supply Agreement

A Nigerian law-governed agreement establishing an exclusive supply relationship between a supplier and purchaser, defining terms for sole provision of products or services.

find out more

Supply Contract Agreement

A Nigerian law-governed agreement establishing terms and conditions between supplier and buyer for the provision of goods or materials.

find out more

Long Term Supplier Agreement

A Nigerian law-governed agreement establishing long-term supply arrangements between parties, detailing terms for regular supply of goods or services.

find out more

Supply And Installation Agreement

Nigerian-law governed agreement for equipment supply and installation, covering delivery, installation, testing, and warranty terms.

find out more

Supply And Distribution Agreement

A Nigerian law-governed agreement establishing terms for product distribution between supplier and distributor, including supply terms, territory rights, and regulatory compliance.

find out more

Framework Supply Agreement

A Nigerian law-governed master agreement establishing terms for ongoing supply arrangements, with streamlined ordering processes and comprehensive commercial terms.

find out more

Purchase And Supply Agreement

A Nigerian law-governed agreement establishing terms for the commercial purchase and supply of goods between parties, including pricing, delivery, and quality requirements.

find out more

Material Supply Agreement

A Nigerian law-governed agreement establishing terms for material supply between parties, including quality, delivery, and pricing terms.

find out more

Manufacturing And Supply Agreement

A Nigerian law-governed agreement establishing terms for manufacturing and supply of products, including quality standards, delivery terms, and regulatory compliance.

find out more

Power Supply Agreement

Nigerian law-governed agreement establishing terms for electrical power supply between generator/supplier and purchaser, compliant with local power sector regulations.

find out more

Supply Of Services Agreement

A Nigerian law-governed agreement establishing terms for service provision between a service provider and customer, including service specifications, payment terms, and compliance requirements.

find out more

Supply Of Goods Agreement

A Nigerian law-governed agreement establishing terms and conditions for the supply of goods, including quality, delivery, pricing, and payment terms.

find out more

White Label Agreement

A Nigerian law-governed agreement enabling one party to rebrand and sell another party's products or services under their own brand name.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.