Godswill Oil Consulting Ltd

1 Seller and Buyer sign SPA ON CONTRACT LIFTING TT0 TRANSACTION 280,000.00 MT SUPPLY2 Buyer’s bank demands from Seller’s bank an indemnity of $500,000.00.3 Seller’s bank post the indemnity to Buyer’s bank.45 Buyer’s bank post letter of credit or bank guarantee in favour of Seller.Seller releases ATB in buyer’s favour to enable inspectors conduct Q&Q.Buyer conducts Q&Q.Upon presentation of original shipping /loading documents to buyer’s bank, final cash payment by Draft/Cash Covering Cost of Out Turn Mt. Deliver /Quantity/Quality is swifted to seller’s account.6 Seller’s Vessel Sails to port of DeliveryQuantity: TWO HUNDRED AND EIGHTY THOUSAND METRIC TONNES OF STANDARD NNPC export grade.2MILLION BARRELSPRICE: The price is (=$=9:00) USD Discount Below Dated Brent Price For the day and less (=$=4.00) USD commission to be shared among agents..