Type-
BONNY LIGHT
Price- EIGHTY-SIX DOLLARS/BARREL (as at *5th Aug, ***1)
Quantity***0,**0 BARRELS (MINIMUM) ***-OFFLOAD
2,**0,**0 BARRELS (MAXIMUM)....OFFLOAD OR VESSEL TAKEOVER
Procedure- 1. Bank guarantee from Buyer.
2. Memorandum of understanding to be signed by
Parties
involved.
3. Inspection of vessel.
4. Signing of SPA
5.Payment
6.Product Release.