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Crude Oil Sales Partnership

Issue 391

Front Page

News Headlines

Mooge Festival Starts In Hargeysa

Upper House Approves Election Law

Meeting On Somaliland Recognition

YESDO Seminar On Problems Of Young Females

Hadrawi School Committee Starts Working

20 Year Anniversary Of Jezira Massacre

South Africa Hosts Somaliland Law Committee

New Book On Somaliland Hailed A Major Scholarly Success

“Any Delay In Holding The Presidential Election Is Not Due To The Production Of The Voter List”

Local and Regional Affairs

Approaching Somaliland Elections Signal Threats Of A Media Clampdown

Somaliland: Government Increases Attacks On Press

Nairobi Court Grants Woman Time For DNA Test

UK Police Launched Daring Mission To Get Their Man

UN Chief Urges Military Support For Somalia

Police Killer Mustaf Jama Captured In Secret Somalia Operation

Radio Horyaal Continues To Broadcast Despite Threats And Intimidation

East Africa gets broadband connection

Journalism a hazard in Somalia, says union

Statement from the United Nations in Somalia on the looting of UN compounds in South Central Somalia

Cyclist on world tour hits Somalia 'roadblock'

Somali gangster jailed for life for killing policewoman Sharon Beshenivsky

Top Diplomat To Handle Kenya Reconciliation

A-Shabab Claims Control Over Somali Capital

Yemen's Marines Forces Foils Somali Pirates' Attack

EU to take new steps on Somalia

EU anti-piracy force to move some planes south

Somalia deports Chinese cyclist

Editorial

What Is Standing In The Way Of Somaliland Recognition?

Features & Commentary

Somaliland: Foreword

Eritrea’s Entry Changes Face Of Somalia Conflict

Creating New Problems In AFRICA

Beshenivsky killer Mustaf Jama captured in secret Somalia operation

Woman's lips trapped her in Kenya

The Elephant In The Corner...

International News

 

Racists May Have Started Fire At Bristol Somali Office

Bristol Pupils Make England's First Somali Film

The European Union is now a full supporter of the ICC

Farah Eyes Moorcraft Record In Quest For World Championship Medal

Obama Regrets 'Stupid' Comments

Ousted Honduran Leader 'Returns'

Coming Soon To A Store Near You: Camel Milk Chocolate

Opinion

Weeping Parents

One Bullet, One Young Girl: One Dollar - www.HelpAyaan.org

Has The TUG Become The Somali Story: Ii Shub, Ii Shid, Ii Sheekee?

Role And Responsibilities Of Teacher, Student And Parent In The New Millennium

Crude Oil Sales Partnership

Somaliland: Elections “Tola-Ayey Style”

By Engr dhuudhi.
This letter is based on negotiating a partnership in a crude oil sales project with the National Petroleum Agency, (ANP-STP). This project will involve registering your name with the foreign contractor’s unit of the National Petroleum Agency; re-assign an already existing crude oil lifting/sales license to your name and act as representatives of the National Petroleum Agency in selling of crude oil to the end buyers.
This lifting license which I propose that we re-assign to your name (my partner) was formerly allocated to one Mr. David Russell by the ANP-STP in 2005 with 5 years validity. The license is for the sale of 60 Million Barrels of Sao Tome Light Crude Oil [SLCO] for a total period of 5 years. This allows the license owner to lift and sale a maximum of 1 Million barrels of SLCO per transaction/shipment.
A sale of 1 barrel of SLCO attracts a US$2.00 commissions from the National Petroleum Agency and another US$1.00 discount as commission from the end buyers of the SLCO. For a sale of 1 barrel of SLCO, the license owner earns a total commission of U$3.00. Let's say the prize of the SLCO is $44.00 per barrel. A lifting license holder will receive the product from the ANP-STP at $42.00 per barrel and sell to the end buyers on the normal market prize of $44.00 per barrel thereby making a commission of $2.00 on each barrel of crude sold. Also being able to locate the final buyers entitles your company to a US$1.00 discount from the discount given to the end buyer as "mandates".
A total sale of the 1 million barrels of the crude oil per month at a US$2.00 discount from local petroleum agency sums up to US$2 million commission per month. And another US$1.00 discount from the end buyer comes to US$1 million per month thereby making a total commission of US$3 million monthly.
My obligation in this venture is to arrange for the lifting and sale of the crude oil that will be allocated to you (my partner) after the successful re-assignment of Mr. David Russell’s lifting license to your name (my partner). I have numerous buyers for this crude oil and also have the connections needed to sale the crude oil. I will also use my connections in the National Petroleum Agency to make sure that our commissions from the sale are deposited into your bank account immediately after the sale is completed. Both the cost to re-assign this lifting license to your name (my partner) and the commissions from the sales will be shared equally between us as equity partners.
I await your immediate response.
Your proposed partner,
Thanks,
Engr dhuudhi.
Telephone: +2522 4322834
e mail : wada_ni_4@hotmail.com
 


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