SELL: Saudi Light Crude Oil COMMODITY: Saudi Light Crude Oil SPECIFICATIONS: Standard export grade QUANTITY: 30 to 50 million barrels per month DURATION: 3 Years with rolls and extensions to 5 years DELIVERY: FOB, Saudi Arabia PRICE: Shall be determined by the average of three consecutive days around the Bill of Lading (the day before, the day of b/1 and the day after) based on Dubai Platt's. DISCOUNT: Gross USD 8.00/BBL, Net USD 5.00/bbI to the buyer. COMMISSION: USD 1.50/BBL Seller Side. USD 1.50/BBL to be divided between Buyer and Sellers side. Buyer pays all commissions.