The Premium write-up of this script is about A Contract LLC SARATOV NEFT awarded to Engr. Phillip Moore The CEO of KINEX OIL & GAS LTD
The Premium writer of this Contract should use Field Engineering terminology in Energy Sector and Technical drawings should be included in
the Contract. The LLC SARATOV has paid the sum of 13,976,000GBP on 2ND MAY 2022 to Engr Phillip Moore TESCO BANK Company Account inform of Bonded Draft which comes
with an 18 Months of Bond Insurance Coverage Policy which is Non-revocable within the first 12 Months of Insurance Policy. The only Advantage of this
policy is not to allow Bankers, & TAX collectors to deduct any form of charges from the whole contract fund been deposited. Engr Phil will now source out
external funds to pay up any charges or taxes which he may likely incur from the money he made from the contract and what if he doesn’t have it?
What happens next? It means he will wait for 12 months to get his money when this policy elapses and additional charges will be incurred by then. Although this isn’t beneficial to Phillip to my own understanding as an Economist.
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