WE ARE LOOKING FOR SERIOUS BUYERS? Buyer: September 01, 2023 Attn.: We, ------------, represented by Mr. -------- ------------, hereby confirm with full corporate responsibility, that we are ready, willing and able to enter into a sales purchase agreement for the below mentioned commodity; Commodity : Nigeria Light Crude Oil (BLCO) Quantity : 2 million barrels Term : Spot + rolls & extensions Delivery : CIF Europe/United States of America/Middle East Price : DTD Brent Minus USD $3.00 Payment : MT103/TT CIF PROCEDURES 1. Buyer issues ICPO with full banking details. 2. Seller issues Pro-forma invoice or SPA for Buyer to sign and return. 3. Buyer provides full port and agent details for NOR/ETA. 4. Within 10 days, Seller program, loads and send full cargo shipping documents to Buyer. 5. Vessel master issues NOR/ETA and set sails to Buyer�?�´s port of discharge. 6. Buyer issues commitment to pay (MT199) upon Q & Q report at port of discharge. 7. On arrival, vessel master issues NOR/ATB for inspector to board for quality & quantity test. 8. Upon inspector�?�´s quality & quantity report, Seller issues commercial Invoice for Buyer to make payment via MT103/TT 9. Discharge commences into Buyer s storage tanks. 10.Upon confirmation of payment, Seller transfers title.