Transaction Procedures Loaded Super Tanker - Bonny Light (BLCO) Action required immediately Trial & SPA Price: Brent Platt minus $3 per barrl Trial Quantity: 2million barrels (+/- 5%) No Buyer Loading costs No Buyer Port Charges - Freight to Port of Destination is prepaid by Seller** Contract available Up to 2 million barrels per week under SPA CIF -Freight prepaid Trial Delivery. The Seller issues an FCO to the Buyer. The Buyer sends an ICPO and CIS (of both Buyer and Instrument provider, if different), to the Buyer. The ICPO must contain the full content of this procedure, details of Buyer bank who will issue the SWIFT MT799 and details of the Buyerâ??s elected destination (Discharge) Port, (Country, City, GPS coordinates) (which can accept 2m barrels) **Please note for the trial order, the freight is fully prepaid by Seller to accommodate a reasonably distanced elected Buyerâ??s Port of Destination. â?? Details of any prepayment limitation will be advised once the Buyer provides full details of their elected desired Port of Destination. Naturally, the Buyer is responsible to cover any incremental freight charges incurred if they decide to change their elected Port of Destination after contracts are papered. **PLEASE CONTACT FOR FULL PROCEDURE***