CIF. BLCO. Minus $10/6 WITH 2%PB. LET US HELP YOU OUT OF BLCO DELAYS AND FRUSTRATIONS FROM TIME WASTERS.

1. BUYER & SELLER SIGN AND SEAL THIS CONTRACT AND EXCHANGE THE SIGNED COPY BY ELECTRONIC MAIL. THE ELECTRONIC SIGNED COPY BY BOTH PARTIES IS CONSIDERED LEGALLY BINDING AND ENFORCEABLE.

2. BUYER SEND ISSUER OF INSTRUMENT CIS/PASSPORT COPY/CERTIFICATE OF BUSINESS REGISTRATION AND BANK RWA TO SELLER.

BANK RWA (CONFIRMING READINESS TO ISSUE MT799 OR MT760 ) 

ADDRESS TO : 

THE CHIEF TERMINAL SUPERINTENDENT

BONNY TERMINAL.

NNPC.

ATTN. ENGR. WILLIAMS GREGORY.

3. SELLER ISSUES BELOW CONFIRMATION LETTERS:

A. CONTRACT CONFIRMATION LETTER.

B. ACCOUNT NOMINATION LETTER.

C. INSTRUMENT GUIDELINES TO FOLLOW LETTER.

4. BUYER UPON CONFIRMATION AND RECEIPT OF ABOVE DOCUMENTS WITHIN 72HRS, BUYERS BANK ISSUES PRE-ADVICE OF MT799 OR MT760 TO SELLER NOMINATED FIDUCIARY BANK.

5. BUYER SEND COPY OF PRE-ADVICE, NOR FORMAT, CONSIGNEE NAME FOR CARGO DOCUMENTS.

6. SELLER CONFIRMS PRE-ADVICE AND SELLER VESSEL ISSUES NOR/ETA AND SELLER ISSUES FULL CARGO POP TO BUYER.

7. BUYER UPON RECEIPT OF NOR AND DOCUMENTS, INSTRUCT HIS BANK TO ISSUE CONFIRMED, IRREVOCABLE, UNCONDITIONAL, DIVISIBLE, TRANSFERABLE, SBLC VIA MT760 OR BLOCK FUNDS VIA MT799 BY SWIFT IN FAVOR OF THE SELLER, WITHIN 72 HRS, ACCORDING TO SELLERS BANK VERBIAGE. 

8. SELLER CONFIRMS MT799 OR MT760 SWIFT AND ISSUES 2% PERFORMANCE BOND TO BUYER. 

9. SELLER ISSUES CONFIRMATION LETTER ON RECEIPT OF INSTRUMENT TO BUYER.

10. SELLER ISSUES SHIPMENT SCHEDULE FOR FIRST MONTH DELIVERY OF FIRST 10.000.000 BARRELS SHIPMENT. FOR 5 VESSELS OF 2.000.000 BBLS EACH. NEXT SHIPMENT SCHEDULE COMES BEFORE PAYMENT OF LAST DELIVERY.

11. SELLER ENSURES THAT THE CARGO IS DOCUMENTED, REGISTERED AND OBTAIN CERTIFICATE OF OWNERSHIP/TITLE OF WARRANTY AND PROGRAM IN BUYERS NAME AT LONDON SHELL SCREEN AND TOWERS. PASSWORD ISSUED TO BUYER FOR VERIFICATION ON SHELL SCREEN. 

12. BUYER CONDUCTS INSPECTION ON VESSEL UPON ARRIVAL AND GET CIQ REPORT

VESSEL SAILS TO BUYERS STORAGE LOCATION AND COMMENCE DISCHARGE. WITHIN 72 HOURS AFTER DISCHARGE OF CRUDE OIL AT BUYERS PORT OF DESTINATION/STORAGE, THE BUYER PAYS FOR THE CRUDE OIL AS PER THE FINAL Q & Q REPORT ISSUED BY INDEPENDENT INSPECTOR AT THE PORT OF DISCHARGE.

ROLLS AND EXTENSIONS MAY BE NEGOTIATED

This is not a competition please. If you are not interested stay away from us.