Bonny Light Crude Oil

Below are few details, further details are contained in our SALES AND PURCHASE AGREEMENT. kindly if interested. 1.0 PRODUCT/PROOF OF PRODUCT. 1.1 BONNY LIGHT CRUDE OIL OF INTERNATIONAL STANDARD EXPORT QUALITY OF THE FOLLOWING SPECIFICATION: 1.2 Specific gravity (API) = 34.17 Specific Gravity at 150c, kg/1 ASTMD1298/P 0.8497-9.8498 API at 60 Degrees F ASTM Table 51 47 - 21 Salinity ASTMD 4006/1P 358 4.7P.T.B @ 60 Degrees F Color Dark Brown BS & W Content [Vol. %] ASTMD 473/1P 53 0.25 Average Sulfur %WT ASTMD 0.14% wt Pour Point Degrees F ASTMD 97/1P.15 40º[F] Degrees F Water Content: 0.2% Vol. Max REIB Vapor Pressure: 6.52PSIG 1.3 QUANTITY: ONE HUNDRED AND TWENTY-MILLION (120,000,000) BARRELS. THE EACH SHIPMENT SHALL BE TWO MILLION(2) BARRELS (1No 280,000MT) FOR FIRST TRIAL MONTHLY AND CONSISTENTLY OVER THE SAID PERIOD OF TWENTY-FOUR MONTHS, SUBSEQUENT UPON THE SUCCESSFUL CONCLUSION OF THE "SPOT MARKET TRANSACTION" WHICH SHALL BE EIGHT(8) MILLION BARRELS. 1.4 DESTINATION: ANY SAFE WORLD PORT BEFORE COMPLETION OF LOADING (EUROPE/ASIA). 1.5 PRICE BASIS/DELIVERY: THE NOMINAL PRICE PER BARREL, DELIVERY EX-SHIP, CARGO INSURANCE & FREIGHT (CIF) BASIS (WE ARE NOT USING INCOTERM 2000 BECAUSE THIS TRANSACTION IS OFF-OPEC) TO ANY SAFE WORLD PORT (1.4 ABOVE) SHALL BE THREE (3) DAYS AVERAGE (YES) UPON DATED BRENT (DTD) PLATTS OIL GRAM REPORT VALID THE DAY BEFORE DELIVERY DATE, THE DAY OF DELIVERY, AND THE DAY AFTER DELIVERY, LESS A GROSS DISCOUNT OF UNITED STATES DOLLARS ( USD) THIRTEEN( $10) AND A NET OF UNITED STATES (USD) DOLLARS SIX( $6.00) USD TO THE BUYER. THE PRICE QUOTED WILL REMAIN UNCHANGED DURING THE TERM OF THIS CONTRACT, WHICH WILL ALSO INCLUDE COMMISSIONS FOR ALL PARTIES INVOLVED IN THE TRANSACTION.(THE PRICE WILL NOT CHANGE UNTILL THIS OFFER EXPIRES ALONGSIDE WITH THE COMMISSIONS). 2.0 DETERMINATION OF QUALITY: 2.1 AS PER INSPECTION CERTIFICATE ISSUED AT THE DISCHARGE PORT BY SAYBOLT OR S.G.S, WHICH SHALL BE FINAL AND BINDING UPON THE SELLER. (AFTER COMPILATION OF LOADING). 3.0 ORIGIN: 3.1 THE ORIGIN OF THE PRODUCT IS (NIGERIA NATIONAL PETROLEUM CORPORATION) FEDERAL REPUBLIC OF NIGERIA.