6M bbls FOB basis: - DISCOUNT US$7.00, from which: US$4.00 to buyer, US$1.00 to buyer side agent, US$1.00 for seller, US$1.00 for seller side agent.
Payment L/C after loading of cargo. No PB issued.

4M bbls CIF basis: - DISCOUNT US$6.00, from which: US$3.00 to buyer, US$1.00 to buyer side agent, US$1.00 for seller, US$1.00 for seller side agent.
Payment L/C. STANDBY LETTER OF NON-OPERATIVE CREDIT against 2% PB-