Godswill Oil Consulting Ltd

Company Description

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