BLCO

BLCO in reference MT ECO OZIL & MT INFRA RED. QUANTITY: 4 MILLION BARRELS ORIGIN: NIGERIA UNLOADING PORT: AWSP OFF THE COAST OF CHINA DELIVERY FREQUENCY: TRIAL SPOT & OPEN FOR LONG TERM CONTRACT IF DESIRED PRICE: BRENT MINUS 4 TO BUYER per BARREL + 3 USD COMMISSIONS (PAID BY SELLER) Buyer signs invoice and sends Port Logistics Agent complete info. Buyer shall send storage company details. 2- Seller will coordinate for Captain to issue NOR (PLEASE VERIFY IF YOU CAN USE THE ONGOING NORs ATTACHED WITH THE SAME SHIPPING AGENT DATED 24TH OF JULY) to Port Agent so the agency will coordinate and pay the Port Authorities the Clearance or Authorization to bring ship into port; once captain and agent are in communication all documents relevant to the cargo on board each ship will be sent direct to the agent from the ship, that way it is confirmed to be original. 3- Buyer will instruct their bank to issue POF and a letter of Assurance of Payment bank to bank, direct to a ICBC Shanghai account of NNPC which can receive either RMB or USD. 4- Agent and captain will coordinate to enter ship for discharge and arrange to have the ship allow inspector to board for Q&Q/CIQ.