Product Description

We, the undersigned company, a petroleum products sales, marketing and
consultancy firm in due consultation with the Consignor; NNPC/PPMC/Joint
Venture Operator herby issue you this Soft Corporate Offer and confirm our
readiness to supply you Bonny Light Crude oil (BLCO) according to the below
terms and options;
Product: Bonny Light Crude Oil
Grade/Specification: NNPC Export Grade
Origin: Nigeria
Contracted Quantity: **6 million barrels per month
Contract term: SPOT or **5 years CONTRACT.
Delivery/Destination: C.I.F to ANY SAFE WORLD PORT (A.S.W.P)
Gross Price: BRENT Crude price on the date of BOL as published by McGraw Hill
market wireless
Discount: $9/3. Net to Buyer=$6.*0 per barrel
Commission=$1.*0/barrel to Sellers Agent and $1.*0/ barrel to Buyers Agent
Payment term: Buyers irrevocable, transferable and confirmed cash backed Standby
Letter of Credit (SBLC) or Bank Guarantee (BG) or MT***9 BLOCK FUNDS. Final
Payment by SWIFT transfer in UNITED STATES DOLLARS after delivery of product-
and presentation of shipping documents