Peak Oil News: CRUDE OIL SALES (BONNY LIGHT)

Thursday, March 21, 2019

CRUDE OIL SALES (BONNY LIGHT)

Dear sir,

Interested Buyer confirm the loaded cargo M/T POLYMNIA I underway to qingdao port or any safe (ports) in China.

QUANTITY : 1,947,395 Barrels Bonny Light Crude Oil

NOTE the cargo was loaded in the name of pipelines and product marketing company(PPMC) as a subsidiary and strategic business unit of the of the Nigerian National Petroleum Corporation (NNPC).

DISCOUNT PRICE: GROSS: USD 10.00 per barrels NET:USD8.00 per barrel to buyer while USD2.00 to Buyer and Seller brokers.

Buyer to obtain the official Re-assignment of the cargo M/T POLYMNIA I 1,947,395 Barrels Bonny Light Crude Oil in buyer's name through the officers in marine and shipping department of Bonny Terminal.

Within 72hours Buyer will receive the complete full set of shipping documents proof of products (POP) in Buyer's name as the consignee of the cargo M/T POLYMNIA I 1,947,395 Barrels Bonny Light Crude Oil .

Captain Isaac Lagriscti will be officially instructed to open communication with the buyer and reissue
Estimated time of arrival (ETA) with Notice of Readiness(NOR) to the buyer port of discharge with marine ATB in Buyer's name for Q&Q inspection after which M/T POLYMNIA I sails to buyer destination port to discharge the product.

Payment for the full Products within Five (5) banking days by MT103/23 or MT103 wire Transfer to The Nigerian National Petroleum Corporation bank account, after discharge of products Q&Q inspection verified by buyer's inspector's agent at buyer discharge port, against presentation of the full set of the original shipping documents with the certificate of ownership & warranty of Title to the buyer.

N/B First Quarter Bulk Approved Allocation & official SPA CONTRACT for M/T POLYMNIA I 1,947,395 Barrels Bonny Light Crude Oil will be release to the buyer upon receipt of buyer letter of intent or LOI.

Thank you

Engr Jason Cole
Director of Operations
Phone +2348179939169


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