Ltght crude oil

We are mandated by the above stated institution to hereby issue this Soft Coqporate Offer
with given terms and conditions aûd confirm our readiness and willingness to supply the
Blco Under the terms and prices issued. We are ready to issue Sales Purchase Agreement
upon acceptance ofour term and conditions stipulated herein.
We are able to supply from Minimum of 2-10 million BARRELSlmonth for 12 months.
Product/commodity:
Origtn:
Specificattons:
Monthly quantity:
Term of contract:
Deltvery:
Price:
Agreed)
Total contract quanttty: 24,MJû"000 million barrels over izmonths
Bon}.iy ltght crude oil
Mgerian light crude otl
Nnpc/dpr internation standa rd
2 million barrels
12 monthswttt{ rolls and extentions rF
Ctfitto
Usd $10 gross/$6 net disco{int to the buyer awsp ( tto in
Toco icotonou/ ghana lryATERS price is $11 cross/s? net to lHE b{iyer .
Tto europe shall be $10/$6 net) (mgertan iyaters $t 2l$s load on MTl99)
Security: mt ?60//sblc//MfT i 03^4t799/h4Tl 99