Genuine seller of Bonny Light Crude Oil (BLCO).The discount is gross $10 and net $ 6.00 to the buyer.ORIGIN NIGERIA BONNY LIGHT CRUDE OIL QUANTITY, 4,000,000BBLS AMONTH UP TO 36MONTHS. C I F.DEAL.CONTRACTS & BANKING PROCEDUREThe procedure for this transaction as indicated here under andshall be as follows in its strictest terms. This is a CONTRACTdelivery, with room for rollover or extensions subject tonegotiations.a. Buyer and Seller sign and seal this Contract including bankingcoordinates and exchange the signed copy by electronic mail. Theelectronic signed copy by both Parties is considered legallybinding and enforceable. b. Buyer's Bank will within two (2) banking days send SWIFTPre advise to NNPC Fiduciary/Financiers (Sellers) Bank Account withText attached on the appendix B. Within two (2) banking daysof confirmation of the Buyer's bank SWIFTS BG by MT 760 orLC, Seller's bank swift the 2%PB to the buyer's bank.c. Within two (2) banking days of , the Seller provides Buyerbank by SWIFT and Buyer by fax Proof of Product (POP) inSeller's name detailed of the Aspatankvoy CPA).d. Within two (2) banking days of Seller facilitate shall reassignallocation to Buyer's name and program for verification ShellNetwork Loading Screen and Bonny loading terminal. and Sellershall provide the Bonny Oil Terminal Loading Program NotificationForm" verifiable on the Shell Screen with barrels in the name ofthe Buyere. Within 48 hours above g, Seller shall provide The AspatankvoyCharter Party Agreement for the designated vessel marked "FreightPrepaid" to Buyers destination. Failure of Seller to do so shall bea default event and Buyer shall collect the PB.f. Within 48 hrs. of above, the Seller will give the Buyerverifiable Vessel name, call letters, and Captain's name of theVessel that is to load for CIF delivery and Buyer signs a copy ofthe) Charter Party Agreement with the Shipping Agency.g. Within fifteen (15) days of above Vessel shall proceed to theBonny Loading Terminal and load cargo. Inspectors shallconduct quality and quantity assessment; and all relevant shipmentdocuments shall be endorsed/receipted by the Vessel captain, with acopy forwarded to Buyer.h. After the vessel has discharged its cargo at Buyers destinationport and Buyer has received the Post Discharge Q & Q Reportfrom SGS and after all documents are presented by the Seller afterthe time of cargo delivery as required, Buyer shall make payment byTelegraphic Transfer to Seller's Bank Account for oil and toSeller and beneficiaries named in Master Fee Protection Agreementin the contract for fees.i. Payments are made by swift wire transfer directly to theSeller's bank accounts and commission agents as stipulated in theMFPA in this contract within three (3) international banking daysafter product delivery to Buyer's nominated port of dischargeagainst presentation of stated shipping documents (non-negotiablecopies) at Buyer's bank.j. The signature of this contract by the Buyer and by Seller meansboth accept all the content as for Quantity, Discount andProcedures
