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KYC Registration

Type: LNG Customers

Step 1
Guidelines and Conditions
Step 2
Basic Company Details
Step 3
Verify & Submit for Vetting
NOTE: This is this the first stage towards KYC Registration with NNPC Trading Limited. Kindly go through the Guidelines and Conditions for Liquefied Natural Gas (LNG) below. Also note that all entry documents uploaded at this stage will be vetted before a User account is created for you on the portal in order for you to continue the application process.

Requirements for Liquefied Natural Gas (LNG) Customers

  1. Valid Certificate of Incorporation NOTARISED
  2. Memorandum and Article of Association NOTARISED
  3. Company Profile NOTARISED
  4. Ultimate beneficial owner details (where applicable) NOTARISED
  5. Company Tax Clearance Certificate for the last three (3) years for Nigerian companies and similar tax certification documents for foreign companies NOTARISED.
  6. Evidence of compliance with the provisions of Industrial Training Fund (ITF) Amendment Act 2011 by inclusion of copy of Compliance Certificate from the Industrial Training Fund (for Nigerian companies). NOTARISED
  7. Evidence of compliance with the Nigerian Social Insurance Trust Fund (NSITF) Act by inclusion of copy of Compliance Certificate (for Nigerian companies). NOTARISED
  8. Evidence of compliance with PENCOM Reform Act 2004 by inclusion of valid Pension Clearance Certificate (for Nigerian companies). NOTARISED
  9. Datapage of Directors/Key Mgt NOTARISED
  10. Compliance with Business Policy and Anti-Corruption Law (for Nigerian companies). NOTARISED
  11. Signed and Stamped Audited Financial Statements for Three (3) Consecutive Years. NOTARISED
  12. Ability to establish an irrevocable Credit facility (performance bond, letter of credit, bank guarantee, bank reference letter) subject to the payment terms
  13. Credit rating report/Financial rating of Company's bank(Finch & Moody)
  14. No overdue debt beyond sixty (60) days or litigation against NTL
  15. Evidence of Volumes Traded in the last 3 years. NOTARISED
  16. Evidence of Markets Traded in the last 3 years. NOTARISED
  17. Shipping (Evidence of any: Ownership, Time Charter, or Agreement). NOTARISED
  18. Liquefaction (Evidence of Ownership). NOTARISED
  19. Regasification (Evidence of Throughput Agreement). NOTARISED
  20. HSE Policies and Procedure. NOTARISED
  21. Additional Requirements to Support Application.
  22. Relevant Permits.


Application Process Flow

  1. STAGE 1: The First Stage involves submission of basic company details,upload of Certificate of Incorporation and Article of Association.
  2. STAGE 2: This involves vetting the submission made in stage 1 above. If the submission is successfully vetted, the marketer is expected to proceed with application process.
  3. STAGE 3: Upload and Submission of requisite documents by the applicant.
  4. STAGE 4: Vetting and Verification of all documentes submitted by applicants.
  5. STAGE 5: MD's recommendation for approval or rejection of application.
  6. STAGE 6: GC's preparation of official communication to the counterparty that conveys category business.
  7. STAGE 7: Official Communication to Counterparty.

NOTE: These stages are done online via the NNPC Trading Online Marketers Portal.

Download Guidelines & Conditions
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