*OPEC Allocation*.
Quantity: 900 Million Barrels
Price : FOB ($14 Gross / $10 Net ) / CIF ($12 Gross /$ 9 Net)
*Buyer Receives Allocation License from NNPC Allottee and verify/ confirm the
Allocation through their Refinery the Available products Alloted for sale through
the Shell managed Terminal in Shell Database, London.
* After Confirmation, Buyer issue LOI/ CP / CIS / PROOF OF FUND and authority
to NNPC to verify.
* Seller Confirms the Above and Issue a Contract for Signing between Both
Parties.
*Both Parties Sign the Contract and Buyer is issued Invitation to NNPC Abuja to
finalize the Legality of the Contract and Finalizations on a TTM
* Loading starts in Buyers Name on the appointed Cargos.
Note : (THIS ALLOCATION IS CONFIRMABLE IN SHELL LONDON only if you have
a Refinery License or through the End Buyers Refinery as a proof the buyer has
end uses for the crude purchase, and its Important and a criteria Required for
been Eligible for this Particular Deal.)
Allocation code / Summary for confirmation.
NNPC London and shell approved of product comfimable details, export
allocation license Ref export /e/28/col./4/593