Our company mainly sells Nigeria NNPC light crude oil, 4 million barrels per month, please contact us directly,

Nigerian Bonny Light Crude Oil (BLCO)

NNPC Export standard

12 Million Barrel Nigerian Bonny Light Crude Oil (BLCO)

MT-103  

CIQ:     Shall mean China Inspection and Quarantine Bureau

1.SPECIFICATION：

Specific Gravity at 15⁰c, kg/1 ASTMD1298/P 0.8397-0.8498

API at 60 Degrees F ASTM Table 51 33-37

Salinity ASTMD 4006/1P 358    4.7P.T.B @ 60 Degrees F

Color Dark Brown

BS & W Content [Vol. %] ASTMD 473/1P 53 0.25 Average

Sulfur %WT ASTMD 0.14% wt

Pour Point Degrees F ASTMD 97/1P.15 40º [F] Degrees F

Water Content: 0.2% Vol. Max

REIB Vapor Pressure: 6.52PSIG

Procedure:

ARTICLE 3O:PROCEDURE STORAGE

1 SELLER AND BUYER SIGN SPA

2 SELLER PROVIDES POP

3 BUYER PLACES MT103 OR BUYER PAYS $250000 TO OBTAIN ATB/CLEARANCE/BOARDING OF INSPECTOR TO DO Q&Q

4 SELLER ISSUES AUTHORISATION TO BUYERS INSPECTORS TO DO Q&Q.

5. Buyer immediately perform within 24 hours Q&Q on the product in designated tanks by SGS, CIQ or an equivalent inspection agency or company that the Buyer and Seller agree upon. Buyer sends copies of the Q&Q report to the Buyer's bank and to the Seller, and the Seller sends copy to the Seller's nominated bank.

6. Buyer makes full payment

7. Buyer transfers crude oil from storage tanks to Buyers facilities and payment release.