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BOURCELOF PRODUCT
OFF OPEC NNPC EQUITY LIFTING /CARGO INFORMATION
PROD
NIGERIAN BONNY LIGHT CRUDE OIL
QUALITY
NNPC EXPORT STANDARD
MODE
CIF
LODING PORT
BONNYTERMINAL, BONNY ISLAND, NIGERIA
AVAILABLE QUANTITY
120,000,000 BARRELS NIGERIAN BONNY LIGHT CRUDE OIL ANNUALLY
LIFTING QUANTITY
1 OR 2,000,000 - 10,000,000 BBLS PER MONTH
CONTRACT DURATION
12 MONTHS, WITH POSSIBLE ROLLOVER AND EXTENSION
EXPORT PERMIT LICENCE
CIP/CO/88/VOL. I/437
BULK APPROVED NUPRC Ref
NUPRC/DS/CTO/2025-2026/V.724/719
ACCEPTABLE BANK INSTRUMENT
DLC VIA MT700 OR BG/SBLC VIA MT760, 366 days or Cash Deposit for Logistic
PAYMENT BY
SWIFT MT103 WIRE TRANSFER
DISCOUNT
GROSS $ 14 AND NET $4TO BUYER, $2 SELLER' SIDE COMMISSION, $2 BUYER' SIDE COMMISSION
SHIPMENT/TANKER LOAD
TBA
VALIDITY
10 WORKING DAYS FROM THE DATE THE AGREEMENT IS EXECUTED
CONTRACT VALDITY
365 DAYS FROM DATE EXECUTED
TRANSACTION CODE
NNPC-BTJCO/BTAG-SZ/030516889
REPRESENTED BY NNPCL OPERATOR
ENGR. ORJI UZOMA AUSTIN
NNPCL AUTHORIZED MANDATE SELLER
OJIMADU AND MARITES OIL MARKETING NIGERIA
LTD/ UZZY GEMS BEEHIVE