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BONNY LIGHT CRUDE OIL HOUSTON / ROTTERDAM

November 21, 2020

Bonny Light Crude Oil 

2,000,000 Brls

Platts -5 / -10

Arrives in Rotterdam in Approx 3 Days

ONSHORE CHINA BONNY LIGHT CRUDE OIL

October / November 2020

Available BLCO in China tank farm ports. More than 4 million barrels is possible, but 4

million barrels for first sales to any ready buyer who is capable to buy. Ports are:

Rizhao, Qingdao, Zhoushan, Dalian, Dongjiakou and Lanshan.                                                                         

Discount to Brent: USD7.00 less USD3.00 [$7.00 Gross, $4.00 Net to BUYER & $3.00

($1.50/$1.50)                                                                                       

commission] Seller side commissions are closed Transaction handlers commission:             

$0.50 per barrel Open commission for all buyer side parties: $1.00 per barrel.