PRODUCT: Bonny Light Crude Oil �BLCOQUALITY: Export standard NNPCQUANTITY: 2 (TWO) million barrels per month CONTRACT DURATION: 12 (twelve) months with extensionDESTINATION PORT TTTFOB PRICE Three day average of (DTD) Brent, as stated in the Platts Oilgram Market Report,DISCOUNT: GROSS: US$ 8.00 per barrels PAYMENT DOCUMENT Revolving Letter of Credit �RDLC or BG