Nigeria Crude Oil

Specifications: Product: Bonny light crude oil of nigerian origin Quality: Nnpc export standard (36 oapi) Quantity:1,000,000 bbls for- 5pct Delivery: Cif aswp Price: Us$6.00 per barrel below the average mean of the brent is the gross discount. Us$4.00per barrel is the net discount.

While the difference of us$2.00 per barrel is the commission for the buyer\'\'s/seller\'\'s agents. Inspection: Industrial analysis table (sgs, saybolt or equivalent) Payment: By confirmed documentary letter of credit payable at sight upon confirmation of warranty of title. Unoperative documentary letter of credit is a precondition for a 1 % pb