Export Finance Projects facilitated by IAC and financed by International Financial Institutions


Date Counterparty Product Venue
Dec 3rd,2009 GNPC Crude Oil 62,820,000.00
Feb 24th 2010 GNPC Crude Oil 33,600,000.00
April 2010 GNPC Crude Oil 78,422,500.00
May 2010 GNPC Crude Oil 78,787,500.00
June 2010 GNPC Crude Oil 84,000,000.00
Oct 2010 GNPC Crude Oil 79,901,000.00
Total 423,031,000.00

Structured Finance Projects


Date Counterparty Product Venue
Dec 3rd,2009 GNPC Crude Oil 62,820,000.00
Feb 24th 2010 GNPC Crude Oil 33,600,000.00
April 2010 GNPC Crude Oil 78,422,500.00
May 2010 GNPC Crude Oil 78,787,500.00
June 2010 GNPC Crude Oil 84,000,000.00
Oct 2010 GNPC Crude Oil 79,901,000.00
Total 423,031,000.00

VRA- Structured Trade Projects


Crude Oil Cargoes were also financed for VRA as shown below

Date Importer Products/Volume Value in USD
April 2005 Volta River Authority 450,000 barrels of crude oil 29.25million
Jan 2006 Volta River Authority --ditto-- 35.00million
May 2006 Volta River Authority --ditto-- 93.75million
June 2007 Volta River Authority 405,000 Bonny Light crude oil 32.30 million
December 2007 Volta River Authority --ditto-- 37.26 million
Total 227.53 million