Nigeria sold oil to Jamaica at $12/barrel

[Don1]

Well, continue in your ignorance Don1. Top execs from the PCJ was on the airwaves explaining the Nigerian deal. Then after hearing how much money the country was getting for each shipment it is obvious that it didn't add up.

If you wanted to know the facts you would have gotten it instead of assuming its a storm in a tea cup, then attempting to twist my words to support the almshouse.

Support almshouse? - you have reading comprehension problems.
I stated that I don't know all the facts but don't currently see evidence supporting criminal charges - that's supporting almshouse? Gimme a break.

So now you're an expert on the brokerage of oil contracts.

Face reality - you do not have ANY knowledge of the nature of this business apart from what you've picked up in following this issue - that's very clear.
That doesn't mean you can't have an opinion obviously - but yours is the opinion of a layman with scant knowledge of this business - you have no reference point to judge what is a reasonable net to the country under this deal where Jamaica put up no capital, has no operational outlay and whose management function seems to be limited to getting intermediaries to act on its behalf in lifting the oil.

OK Mr. Expert - what is the country netting now under this arrangement?

Oil prices have at least doubled in the past 2 years and with the expert management now in place under the current regime - one would expect maybe US$5/barrel net? At least that wouldn't you say? Or maybe more?
Pick any number out of the hat.

I long ago realized the futility of debating closed-minded partisans so I'll leave the field to you boss.

Enjoy.

[Lazie]

Wait .. you calling me close minded partisan? Talk bout pot calling kettle black.

"Oil prices have at least doubled in the past 2 years and with the expert management now in place under the current regime - one would expect maybe US$5/barrel net?"

Obviously you naah read mi post. We getting .12 cents per barrel and out of that Goodworks Int'l get their percentage. But seeing that this don't fit in with your beliefs ...

[Willi]

#1 Fan busy with other things.

He will be preoccupied till Summer!

[Karl]

We getting .12 cents per barrel and out of that Goodworks Int'l get their percentage.

mmm???
...and the rest (would like to know where the rest i.e. breakdown of entire pricing/costs - goes)?

[Lazie]

mmm???
...and the rest (would like to know where the rest i.e. breakdown of entire pricing/costs - goes)?

CCOC account. Yuh naah pay attention?

[Gamma]

maybe into seaga's pocket?!!

[Lazie]

maybe into seaga's pocket?!!

Yeah!! I guess now dem with understand.

[Karl]

CCOC account. Yuh naah pay attention?

You not listening?
It is lifted at what price?
Delivered at what price? ...and all the breakdowns inbetween? All stages of pricing? Ebryting!

I am sure, that like me, you are wondering on the funds we get...and the funds any other middlemen receive! Right?

[Don1]

You not listening?
It is lifted at what price?
Delivered at what price? ...and all the breakdowns inbetween? All stages of pricing? Ebryting!

I am sure, that like me, you are wondering on the funds we get...and the funds any other middlemen receive! Right?

give it up... such details don't matter when there are political points to be scored..... especially when the individual has no clue as to the answer.

[Karl]

give it up... such details don't matter when there are political points to be scored..... especially when the individual has no clue as to the answer.

A hear yuh, boss!
However...I do hope that info will eventually reach the light of day.