As requested, we hereby forward you our Various Compiled Procedure for
your buyers' choice.
Please be informed that in addition, buyers now have the opportunity
to Proof their Funds and have us either issue them with a Two Percent
Performance Bond or Effect Vessel Charter for their confirmation
before the issuance of their Payment Instrument in our favour, though
this POF is expected to be in our acceptable Verbiage.
This is in a case where the buyer is doubting our performance by
either issuing him with our PB or supplying him the Crude Oil after he
must have placed his Payment Instrument.
CIF Europe: $7.00 gross, U.S.A.: $6.00 gross, Asia: $5.00 gross and
West Africa: $8.00
TTO and TTT: $10.00 gross.
FOB: $12.00 gross.
COMMISSION and NET DISCOUNT:
Commissions to Intermediaries and Net Discount to Buyers depend on the
agreement between Buyers and Intermediaries, as we are Sellers, not
beneficiaries to any Commission.
Therefore whatever decision taken by the Intermediaries and the Buyers
are expected to be communicated to us by our Representative/Mandate,
and that is what is expected to be in the Sales and Purchase
mr keni oyeyinka
international oil broker