Bonny Light oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced within the Niger Delta basin and named after the city of Bonny. Bonny Light Crude Oil BLCO, FLCO Nigeria The very low sulfur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and the lower environmental impact of its byproducts in refinery effluent. Other grades of Nigerian crude oil are Qua Iboe crude oil, Brass River crude oil, and Forcados crude oil. The Cabinda crude oil is a common grade of crude oil produced in Angola. The Bonny Light is in high demand specifically by American and European refineries. It is therefore a major source of income for the oil-rich Nation
Total Volume:48,000,000 US Barrels (bbl) or 6.371 Million Metric Tons (MT) of BLCO Price: 3 day average of the Platts Quote Price on Delivery date (and day before and after) Gross Discount:US$10.00 per bbl Net Discount:US$6.00 per bbl Seller Agent:US$2.00 per bbl closed Buyer Agent:US$1.50 per bbl open Monthly Amount:4 million bbl (0.531 MT) per month. Term:12 months, roll overs possible Sale Terms Seller: CIF any World Port accepting Crude for off load Sale Terms Buyer:MT799 Proof Of Funds required What is a MT799 Proof Of Funds (POF)? Oil Specs 1.Specific Gravity at 60? F/15.55? C: 0.8397 - 0.8498 2.API Specific Gravity at 60? F/15.55? C: 37.0 3.Density at 60? F/15.55? C - Cg �?? C M �?? MAC 0.85 max 4.Pour Point
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