History of Coca Cola in Nigeria
SALES & PURCHASE AGREEMENT/CONTRACT
“BONNY LIGHT CRUDE OIL” TTO
BONNY TERMINAL NIGERIA”
14TH December, 2012
Seller’s Ref: Colonel/sil/2012/10
Buyer’s Ref:
This Contract agreement is entered into this 14 December 2012
BETWEEN
STOWVAT INVESTMENTS LIMITED
established under the laws of Federal Republic Nigeria which registered address, is situated at NNPC Office, Bonny Island, Bonny and which is represented by Platform Operators in his capacity as the LOADER as duly authorized, hereinafter known as “The Seller”, (which statement shall, where the context so admits include its successor in title and assignees of the
second part.), AND
As the Buyer/Rep of the company and as duly authorized, hereinafter known as “The Buyer”,
PROMISES.
Whereas the Seller with full authority, hereby agrees to supply and deliver the herein under mentioned crude oil and fulfill all the requirements referred to herein and shall provide the referenced crude under the conditions and at the times so agreed by the two (2) parties hereto.
Whereas the Buyer hereby agrees to fulfill the requirements as referred to herein and shall purchase, pay and take delivery for all shipments of full cargo of commodity “Nigerian Crude Oil” described below and under the terms and conditions hereunder, at the time so agreed by the two (2) parties hereto:
TRANSACTION.
Now it is hereby agreed that the seller shall sell and the buyer shall purchase the product as stated, under the following terms and conditions:
Page 1 of 10
Seller’s Sign Buyer’s Sign
1). PRODUCT / ORIGIN AND QUALITY.
1. The product sold / purchased under this contract is Bonny Light Crude Oil.
2. Origin - Nigeria. The quality or grade of crude oil under this contract shall conform to NNPC specifications.
2). QUANTITY. 280,000mts
“BONNY LIGHT CRUDE OIL” TTO
BONNY TERMINAL NIGERIA”
14TH December, 2012
Seller’s Ref: Colonel/sil/2012/10
Buyer’s Ref:
This Contract agreement is entered into this 14 December 2012
BETWEEN
STOWVAT INVESTMENTS LIMITED
established under the laws of Federal Republic Nigeria which registered address, is situated at NNPC Office, Bonny Island, Bonny and which is represented by Platform Operators in his capacity as the LOADER as duly authorized, hereinafter known as “The Seller”, (which statement shall, where the context so admits include its successor in title and assignees of the
second part.), AND
As the Buyer/Rep of the company and as duly authorized, hereinafter known as “The Buyer”,
PROMISES.
Whereas the Seller with full authority, hereby agrees to supply and deliver the herein under mentioned crude oil and fulfill all the requirements referred to herein and shall provide the referenced crude under the conditions and at the times so agreed by the two (2) parties hereto.
Whereas the Buyer hereby agrees to fulfill the requirements as referred to herein and shall purchase, pay and take delivery for all shipments of full cargo of commodity “Nigerian Crude Oil” described below and under the terms and conditions hereunder, at the time so agreed by the two (2) parties hereto:
TRANSACTION.
Now it is hereby agreed that the seller shall sell and the buyer shall purchase the product as stated, under the following terms and conditions:
Page 1 of 10
Seller’s Sign Buyer’s Sign
1). PRODUCT / ORIGIN AND QUALITY.
1. The product sold / purchased under this contract is Bonny Light Crude Oil.
2. Origin - Nigeria. The quality or grade of crude oil under this contract shall conform to NNPC specifications.
2). QUANTITY. 280,000mts