Bonny light crude
1.Product: nigeria bonny light crude oil (blco)
2.Origin: nigeria
3.Quality: nnpc standard export grade.
Specification gravity (api)=35.7
Density at degrees cg-cm max=0.45
Sulphur content wt, pct, max=0.14
Colour =Dark brown
Salinity ptb @ 10% bsw=47 max
Acid number=0.49
Reid vapour=6.25max
Water and sediment content=0.2%
Pct max=1.0
Iron wt, ppm =1.0
Vanadium wt, ppm=2.0
Nickel wt, ppm=4.04
Quantity: (6, 000, 000m bbls) six million barrels monthly shipment +/-10% for twelve (12) calendar months with possible extension if buyer chooses.
5.Pricing: price per barrel to seller, is fixed at $8.00/bb; (usd) bellow brent. This price jointly agreed by seller and buyer, and it is binding on this transaction, which net discount of $4.00/bb (usd) to the buyer and $1.50/bb1 (usd) to buyerµs agent/ brokers, $1.50/bb1 (usd) sellerµs agent/ brokers and $1.00(usd) to consultant/financier
Net discount =$4.00 to the buyer
Buyerµs agent =$1.00
Sellerµs agent =$1.00 (closed)
Buyerµs fac.=$0.50
Sellerµs fac=$0.50 (closed)
Consultant = $1.00 (closed)
(6, 000, 000m bbls) six million barrels monthly shipment +/-10% for twelve (12) calendar months with possible extension if buyer chooses.
