SOFT OFFER FOR BLCO SPOT
We, Orgeat Trading Limited represented by Mr. Victor Utkin, CEO, hereby irrevocably issue this Soft Offer with full responsibility and ability to sell on behalf of the consignee of BLCO with following terms and conditions:
COMMODITY:
BLCO Standard Specs (Annex 1)
QUANTITY:
6,000,000 BBLS SPOT
DESTINATION:
TRANSSHIPMENT (vessel to vessel)
PRICE:
The price for each barrel of Bonny Light Crude Oil loaded into Buyer’s vessel shall be “Dated Brent” on the date of Bill of Lading, as published by McGraw Hill Market-wire, less a gross discount of US $8:00 per barrel, Net to the Buyer US $4:00 per barrel.
MODE OF PAYMENT:
In United States Dollars (USD) per barrel by confirmed, irrevocable, Letter of Credit or Bank guarantee from a prime United States/European Bank in favour of the Seller, made mature for payment within 24 (Twenty four) hours, after effective loading of Buyer’s vessel. The Buyer by Swift Wire Transfer KTT shall make cash payment directly to all nominated bank accounts in the sums stipulated. All cash payment are simultaneously.
Procedure:
1.
The Buyer signs the contract with banking details, and forward copies to Seller for verification.
2.
The Buyer places a Bank Payment Undertaking (BPU) in favour of the Seller.
3.
The Buyer releases his vessel particulars, CPA and authority to load vessel to the Seller.
4.
The Seller signs the contract and return to the Buyer.
5.
The Seller confirms buyers vessel, establish contact with the Buyers vessel by sending NOR and both vessels exchanges ETA, and agree on the point of the transshipment.
6.
The Seller’s vessel, long sides with buyer’s vessel at a safe and secured discharge Point, as agreed by both masters.
7.
Buyer’s inspectors get on board for Q and Q, and transshipment follows suit.
8.
Upon verification of Q & Q report, after transshipment, Payment is released within 48 hours by KTT (swift transfer) on out-turn barrels
Please initial this Offer and send back if the Offer is accepted.

SOFT OFFER FOR BLCO SPOT
We, Orgeat Trading Limited represented by Mr. Victor Utkin, CEO, hereby irrevocably issue this Soft Offer with full responsibility and ability to sell on behalf of the consignee of BLCO with following terms and conditions:
COMMODITY:
BLCO Standard Specs (Annex 1)
QUANTITY:
6,000,000 BBLS SPOT
DESTINATION:
TRANSSHIPMENT (vessel to vessel)
PRICE:
The price for each barrel of Bonny Light Crude Oil loaded into Buyer’s vessel shall be “Dated Brent” on the date of Bill of Lading, as published by McGraw Hill Market-wire, less a gross discount of US $8:00 per barrel, Net to the Buyer US $4:00 per barrel.
MODE OF PAYMENT:
In United States Dollars (USD) per barrel by confirmed, irrevocable, Letter of Credit or Bank guarantee from a prime United States/European Bank in favour of the Seller, made mature for payment within 24 (Twenty four) hours, after effective loading of Buyer’s vessel. The Buyer by Swift Wire Transfer KTT shall make cash payment directly to all nominated bank accounts in the sums stipulated. All cash payment are simultaneously.
Procedure:
1.
The Buyer signs the contract with banking details, and forward copies to Seller for verification.
2.
The Buyer places a Bank Payment Undertaking (BPU) in favour of the Seller.
3.
The Buyer releases his vessel particulars, CPA and authority to load vessel to the Seller.
4.
The Seller signs the contract and return to the Buyer.
5.
The Seller confirms buyers vessel, establish contact with the Buyers vessel by sending NOR and both vessels exchanges ETA, and agree on the point of the transshipment.
6.
The Seller’s vessel, long sides with buyer’s vessel at a safe and secured discharge Point, as agreed by both masters.
7.
Buyer’s inspectors get on board for Q and Q, and transshipment follows suit.
8.
Upon verification of Q & Q report, after transshipment, Payment is released within 48 hours by KTT (swift transfer) on out-turn barrels
Please initial this Offer and send back if the Offer is accepted.

SOFT OFFER FOR BLCO SPOT
We, Orgeat Trading Limited represented by Mr. Victor Utkin, CEO, hereby irrevocably issue this Soft Offer with full responsibility and ability to sell on behalf of the consignee of BLCO with following terms and conditions:
COMMODITY:
BLCO Standard Specs (Annex 1)
QUANTITY:
6,000,000 BBLS SPOT
DESTINATION:
TRANSSHIPMENT (vessel to vessel)
PRICE:
The price for each barrel of Bonny Light Crude Oil loaded into Buyer’s vessel shall be “Dated Brent” on the date of Bill of Lading, as published by McGraw Hill Market-wire, less a gross discount of US $8:00 per barrel, Net to the Buyer US $4:00 per barrel.
MODE OF PAYMENT:
In United States Dollars (USD) per barrel by confirmed, irrevocable, Letter of Credit or Bank guarantee from a prime United States/European Bank in favour of the Seller, made mature for payment within 24 (Twenty four) hours, after effective loading of Buyer’s vessel. The Buyer by Swift Wire Transfer KTT shall make cash payment directly to all nominated bank accounts in the sums stipulated. All cash payment are simultaneously.
Procedure:
1.
The Buyer signs the contract with banking details, and forward copies to Seller for verification.
2.
The Buyer places a Bank Payment Undertaking (BPU) in favour of the Seller.
3.
The Buyer releases his vessel particulars, CPA and authority to load vessel to the Seller.
4.
The Seller signs the contract and return to the Buyer.
5.
The Seller confirms buyers vessel, establish contact with the Buyers vessel by sending NOR and both vessels exchanges ETA, and agree on the point of the transshipment.
6.
The Seller’s vessel, long sides with buyer’s vessel at a safe and secured discharge Point, as agreed by both masters.
7.
Buyer’s inspectors get on board for Q and Q, and transshipment follows suit.
8.
Upon verification of Q & Q report, after transshipment, Payment is released within 48 hours by KTT (swift transfer) on out-turn barrels
Please initial this Offer and send back if the Offer is accepted.

SOFT OFFER FOR BLCO SPOT
We, Orgeat Trading Limited represented by Mr. Victor Utkin, CEO, hereby irrevocably issue this Soft Offer with full responsibility and ability to sell on behalf of the consignee of BLCO with following terms and conditions:
COMMODITY:
BLCO Standard Specs (Annex 1)
QUANTITY:
6,000,000 BBLS SPOT
DESTINATION:
TRANSSHIPMENT (vessel to vessel)
PRICE:
The price for each barrel of Bonny Light Crude Oil loaded into Buyer’s vessel shall be “Dated Brent” on the date of Bill of Lading, as published by McGraw Hill Market-wire, less a gross discount of US $8:00 per barrel, Net to the Buyer US $4:00 per barrel.
MODE OF PAYMENT:
In United States Dollars (USD) per barrel by confirmed, irrevocable, Letter of Credit or Bank guarantee from a prime United States/European Bank in favour of the Seller, made mature for payment within 24 (Twenty four) hours, after effective loading of Buyer’s vessel. The Buyer by Swift Wire Transfer KTT shall make cash payment directly to all nominated bank accounts in the sums stipulated. All cash payment are simultaneously.
Procedure:
1.
The Buyer signs the contract with banking details, and forward copies to Seller for verification.
2.
The Buyer places a Bank Payment Undertaking (BPU) in favour of the Seller.
3.
The Buyer releases his vessel particulars, CPA and authority to load vessel to the Seller.
4.
The Seller signs the contract and return to the Buyer.
5.
The Seller confirms buyers vessel, establish contact with the Buyers vessel by sending NOR and both vessels exchanges ETA, and agree on the point of the transshipment.
6.
The Seller’s vessel, long sides with buyer’s vessel at a safe and secured discharge Point, as agreed by both masters.
7.
Buyer’s inspectors get on board for Q and Q, and transshipment follows suit.
8.
Upon verification of Q & Q report, after transshipment, Payment is released within 48 hours by KTT (swift transfer) on out-turn barrels
Please initial this Offer and send back if the Offer is accepted.

SOFT OFFER FOR BLCO SPOT
We, Orgeat Trading Limited represented by Mr. Victor Utkin, CEO, hereby irrevocably issue this Soft Offer with full responsibility and ability to sell on behalf of the consignee of BLCO with following terms and conditions:
COMMODITY:
BLCO Standard Specs (Annex 1)
QUANTITY:
6,000,000 BBLS SPOT
DESTINATION:
TRANSSHIPMENT (vessel to vessel)
PRICE:
The price for each barrel of Bonny Light Crude Oil loaded into Buyer’s vessel shall be “Dated Brent” on the date of Bill of Lading, as published by McGraw Hill Market-wire, less a gross discount of US $8:00 per barrel, Net to the Buyer US $4:00 per barrel.
MODE OF PAYMENT:
In United States Dollars (USD) per barrel by confirmed, irrevocable, Letter of Credit or Bank guarantee from a prime United States/European Bank in favour of the Seller, made mature for payment within 24 (Twenty four) hours, after effective loading of Buyer’s vessel. The Buyer by Swift Wire Transfer KTT shall make cash payment directly to all nominated bank accounts in the sums stipulated. All cash payment are simultaneously.
Procedure:
1.
The Buyer signs the contract with banking details, and forward copies to Seller for verification.
2.
The Buyer places a Bank Payment Undertaking (BPU) in favour of the Seller.
3.
The Buyer releases his vessel particulars, CPA and authority to load vessel to the Seller.
4.
The Seller signs the contract and return to the Buyer.
5.
The Seller confirms buyers vessel, establish contact with the Buyers vessel by sending NOR and both vessels exchanges ETA, and agree on the point of the transshipment.
6.
The Seller’s vessel, long sides with buyer’s vessel at a safe and secured discharge Point, as agreed by both masters.
7.
Buyer’s inspectors get on board for Q and Q, and transshipment follows suit.
8.
Upon verification of Q & Q report, after transshipment, Payment is released within 48 hours by KTT (swift transfer) on out-turn barrels
Please initial this Offer and send back if the Offer is accepted.

SOFT OFFER FOR BLCO SPOT
We, Orgeat Trading Limited represented by Mr. Victor Utkin, CEO, hereby irrevocably issue this Soft Offer with full responsibility and ability to sell on behalf of the consignee of BLCO with following terms and conditions:
COMMODITY:
BLCO Standard Specs (Annex 1)
QUANTITY:
6,000,000 BBLS SPOT
DESTINATION:
TRANSSHIPMENT (vessel to vessel)
PRICE:
The price for each barrel of Bonny Light Crude Oil loaded into Buyer’s vessel shall be “Dated Brent” on the date of Bill of Lading, as published by McGraw Hill Market-wire, less a gross discount of US $8:00 per barrel, Net to the Buyer US $4:00 per barrel.
MODE OF PAYMENT:
In United States Dollars (USD) per barrel by confirmed, irrevocable, Letter of Credit or Bank guarantee from a prime United States/European Bank in favour of the Seller, made mature for payment within 24 (Twenty four) hours, after effective loading of Buyer’s vessel. The Buyer by Swift Wire Transfer KTT shall make cash payment directly to all nominated bank accounts in the sums stipulated. All cash payment are simultaneously.
Procedure:
1.
The Buyer signs the contract with banking details, and forward copies to Seller for verification.
2.
The Buyer places a Bank Payment Undertaking (BPU) in favour of the Seller.
3.
The Buyer releases his vessel particulars, CPA and authority to load vessel to the Seller.
4.
The Seller signs the contract and return to the Buyer.
5.
The Seller confirms buyers vessel, establish contact with the Buyers vessel by sending NOR and both vessels exchanges ETA, and agree on the point of the transshipment.
6.
The Seller’s vessel, long sides with buyer’s vessel at a safe and secured discharge Point, as agreed by both masters.
7.
Buyer’s inspectors get on board for Q and Q, and transshipment follows suit.
8.
Upon verification of Q & Q report, after transshipment, Payment is released within 48 hours by KTT (swift transfer) on out-turn barrels
Please initial this Offer and send back if the Offer is accepted.

SOFT OFFER FOR BLCO SPOT
We, Orgeat Trading Limited represented by Mr. Victor Utkin, CEO, hereby irrevocably issue this Soft Offer with full responsibility and ability to sell on behalf of the consignee of BLCO with following terms and conditions:
COMMODITY:
BLCO Standard Specs (Annex 1)
QUANTITY:
6,000,000 BBLS SPOT
DESTINATION:
TRANSSHIPMENT (vessel to vessel)
PRICE:
The price for each barrel of Bonny Light Crude Oil loaded into Buyer’s vessel shall be “Dated Brent” on the date of Bill of Lading, as published by McGraw Hill Market-wire, less a gross discount of US $8:00 per barrel, Net to the Buyer US $4:00 per barrel.
MODE OF PAYMENT:
In United States Dollars (USD) per barrel by confirmed, irrevocable, Letter of Credit or Bank guarantee from a prime United States/European Bank in favour of the Seller, made mature for payment within 24 (Twenty four) hours, after effective loading of Buyer’s vessel. The Buyer by Swift Wire Transfer KTT shall make cash payment directly to all nominated bank accounts in the sums stipulated. All cash payment are simultaneously.
Procedure:
1.
The Buyer signs the contract with banking details, and forward copies to Seller for verification.
2.
The Buyer places a Bank Payment Undertaking (BPU) in favour of the Seller.
3.
The Buyer releases his vessel particulars, CPA and authority to load vessel to the Seller.
4.
The Seller signs the contract and return to the Buyer.
5.
The Seller confirms buyers vessel, establish contact with the Buyers vessel by sending NOR and both vessels exchanges ETA, and agree on the point of the transshipment.
6.
The Seller’s vessel, long sides with buyer’s vessel at a safe and secured discharge Point, as agreed by both masters.
7.
Buyer’s inspectors get on board for Q and Q, and transshipment follows suit.
8.
Upon verification of Q & Q report, after transshipment, Payment is released within 48 hours by KTT (swift transfer) on out-turn barrels
Please initial this Offer and send back if the Offer is accepted.

SOFT OFFER FOR BLCO SPOT
We, Orgeat Trading Limited represented by Mr. Victor Utkin, CEO, hereby irrevocably issue this Soft Offer with full responsibility and ability to sell on behalf of the consignee of BLCO with following terms and conditions:
COMMODITY:
BLCO Standard Specs (Annex 1)
QUANTITY:
6,000,000 BBLS SPOT
DESTINATION:
TRANSSHIPMENT (vessel to vessel)
PRICE:
The price for each barrel of Bonny Light Crude Oil loaded into Buyer’s vessel shall be “Dated Brent” on the date of Bill of Lading, as published by McGraw Hill Market-wire, less a gross discount of US $8:00 per barrel, Net to the Buyer US $4:00 per barrel.
MODE OF PAYMENT:
In United States Dollars (USD) per barrel by confirmed, irrevocable, Letter of Credit or Bank guarantee from a prime United States/European Bank in favour of the Seller, made mature for payment within 24 (Twenty four) hours, after effective loading of Buyer’s vessel. The Buyer by Swift Wire Transfer KTT shall make cash payment directly to all nominated bank accounts in the sums stipulated. All cash payment are simultaneously.
Procedure:
1.
The Buyer signs the contract with banking details, and forward copies to Seller for verification.
2.
The Buyer places a Bank Payment Undertaking (BPU) in favour of the Seller.
3.
The Buyer releases his vessel particulars, CPA and authority to load vessel to the Seller.
4.
The Seller signs the contract and return to the Buyer.
5.
The Seller confirms buyers vessel, establish contact with the Buyers vessel by sending NOR and both vessels exchanges ETA, and agree on the point of the transshipment.
6.
The Seller’s vessel, long sides with buyer’s vessel at a safe and secured discharge Point, as agreed by both masters.
7.
Buyer’s inspectors get on board for Q and Q, and transshipment follows suit.
8.
Upon verification of Q & Q report, after transshipment, Payment is released within 48 hours by KTT (swift transfer) on out-turn barrels
Please initial this Offer and send back if the Offer is accepted.