Crude Oil Sales Partnership.
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
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
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
I await your immediate response.
Your proposed partner,
TLE: 27 737 823 764
Engr Frank Gambo.