*� PETROLEUM PRODUCTS* *IMPORT* *LICENCE FOR SALE.*

*APPROVED QUALITY PER* *PRODUCT AS* *FOLLOWS:*

*AGO: 100,000mt*
*PMS: 250,000mt*
*DPK: 120,000mt*

� *DATE OF ISSUANCE* - *JANUARY 2017*

� *EXPIRY DATE -* *DECEMBER 2022*

� *COUNTRIES APPROVED* *FOR LIFTING* *PRODUCTS*

� *UKRAINE*

� *RUSSIA*

� *ASIA*

� *UNITED ARAB EMIRATE*

� *EUROPE*

� *IT IS ALSO A RENEWAL* *LICENCE**

*PRICE: #4.5 Billion (NET)*

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▪ *OIL LICENSE TRANSACTION PROCEDURE:*

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▪ *Financially* *Competent Buyer to call* *for LOI Address.*

▪ **IMPORTANT NOTE*
* *LOI to come with: ** * *

* *ACCEPTANCE of the* *License cost of #4.5b.*
* *Request for invitation* *for a meeting with Seller* *where people will* *be sent to DPR for* *verification/* *authentication.*

* *An Indemnity Bond of* *#10m each to be* *exchanged by Buyer and* *Seller at the* *meeting before* *verification/* *authentication.*

* *Upon satisfactory* *verification*
*authentication, buyer* *have seven (7) working* *days to effect payment* *failure leads to fortfiture ** of #10m.*
** *While Seller loses his** *#10m if License is not* *genuine.*

* *Buyer to be responsible* *for either* *the Seller's mandate or* *lawyer's logistics from* *Lagos to Abuja for the* *meeting.*

* *In this transaction,* *Buyer to settle his* *Agents While Seller care* *for his Agents*

* *Seller to pay his brokers* *immediately* *payment is confirmed.*

* *Buyer to pay his* *brokers immediately as* *well.*

* *Finally, Seller hands* *over License with all relevant documents to buyer.*
cw

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