SOFT CORPORATE OFFER

Products Grade: Russian Export Grade.
Loading Ports: Nakhodka/Novorossiysk/Primorsk/ Vladivostok/Rotterdam.
Origin: Russian Federation.
Commission structure: 50% Seller side (closed), 50% Buyer side (open).
Contract Term: 12 months minimum (with R & E).
Payment Terms: MT103, TT wire transfer.
POP: Provided as stated in the Procedures.
Inspection by: SGS or equivalent.
Currency: All in U.S.A. Currency.

THE COMMISSION OF THE BUYER SIDE WILL BE PAID BY THE SELLER WITH THE FOLLOWING DISTRIBUTION: Full 100% of Buyer side commission — Buyer Mandate / Intermediaries.

PRODUCTS & PRICES:

D6 VIRGIN FUEL OIL LOW SULFUR
Quantity: Minimum 100,000,000 GALLONS first lift/ Maximum up to 600,000,000 GALLONS per week for 52 weeks.
FOB Price: $0.66 GROSS/ $0.63 NET
Commission: Per GALLON (3 US CENTS). Seller side 1.5 US CENTS (closed), Buyer side 1.5 US CENTS (open).

AVIATION KEROSENE COLONIAL GRADE 54 JET FUEL
Quantity: Minimum 100,000 BBLS/ Maximum 10,000,000 BBLS
Price: $28 GROSS/ $26 NET
Commission: Per BBL ($2). Seller side $1 (closed), Buyer side $1 (open).

D2 GAS OIL GOST 305-82
Quantity: Minimum 50,000 MT/ Maximum 500,000 MT
FOB Price: $240 GROSS/ $230 NET
Commission: Per MT ($10). Seller side $5 (closed), Buyer side $5 (open).

GASOLINE DTN EN 590 RUSSIAN ORIGIN
Quantity: Minimum 100,000 MT/ Maximum 1,000,000 MT
FOB PRICE: $200 GROSS/ $190 NET
en Commission: Per MT ($10). Seller side $5 (closed), Buyer side $5 (open).

LIQUIFIED NATURAL GAS
Quantity: Minimum 50,000 MT/ Maximum 500,000 MT
FOB Price: $210 GROSS/ $200 NET
Commission: Per MT ($10). Seller side $5 (closed), Buyer side $5 (open).

LIQUIFIED PETROLEUM GAS
Quantity: Minimum 50,000 MT/ Maximum 500,000 MT
FOB Price: $220 GROSS/ $210 NET
Commission: Per MT ($10). Seller side $5 (closed), Buyer side $5 (open).

MAZUT M100 GOST –1058575
Quantity: Minimum 50,000 MT/ Maximum 1,000,000 MT
FOB Price: $210 GROSS/ $200 NET
Commission: Per MT ($10). Seller side $5 (closed), Buyer side $5 (open).

MAZUT M100 GOST –10585-99
Quantity: Minimum 100,000 MT/ Maximum 1,000,000 MT
FOB Price: $210 GROSS/ $200 NET
Commission: Per MT ($10). Seller side $5 (closed), Buyer side $5 (open).

ANNUAL CI DIP & PAY SPOT FOB ACCEPTED PROCEDURES (RUSSIAN PORTS/ PORT ROTTERDAM)

1) Buyer issues ICPO with full banking details and CP.
2) Seller issues Commercial Invoice (CI) to Buyer. Buyer signs back the CI and returns to Seller with an acceptance letter to proceed with the transaction.
3) Seller issues Partial Proof of Product (PPOP) to Buyer:

A. Product passport; B. Commitment letter to supply, and; C. Statement of availability of the product in storage Reservoir to Buyer, and; — Seller and Buyer endorse and sign the NCNDA/IMFFPA in favor of all Intermediaries/parties involved in the transaction.

4) Buyer and Seller endorse the tank storage agreement (TSA) with the hired tank facilitators of the respective port tank farm i.e. JSC «Karasuk tank farms» Karasuk Oil-structural subdivisions of the JSC «Gazpromneft — Novosibirsk». If Buyer already has tanks, Buyer shall provide Seller with bar coded Shore Tank Storage Facility Co-ordinates (TSA) along with the Tank Storage Receipt (TSR) for Seller’s confirmation.
5) Seller transports/injects the product into the hired tank and furnishes the Buyer with TSA, SGS, and DTA to conduct the dip test.
6) Upon successful dip test, Buyer makes payment by MT103 or TT wire transfer for the total product available to be lifted.
7) Buyer lifts the product and Seller issues title of ownership of the product to the Buyer. Simultaneously on receipt of payment for the product from Buyer to Seller, Seller pays all Intermediaries/parties involved in the transaction as per NCNDA/IMFPA.

NOTE: IF BUYER REQUESTS AND NEEDS ASSISTANCE FOR A TANK STORAGE FARM COMPANY, SELLER CAN ASSIST BY RECOMMENDING TO BUYER A TRUSTED AND RELIABLE TANK FARM FOR TSR PROVISIONS IN NAKHODKA, NOVOROSSIYSK, PRIMORSK, VLADIVOSTOK AND ROTTERDAM. END OF SCO.

Please issue ICPO to:

Kindly ask us for NAME of Seller if Buyer is ready to issue the ICPO as required by Seller. IMPORTANT PROVISIONS OF THIS SCO: Grammatical mistake or typographical error if there is any present in this SCO shall not be considered as a contradiction.

Non-Circumvention and Non-Disclosure: Any Mandate, Facilitator, Agent, Representative, Intermediary or Broker representing the Buyer or Seller and/or their affiliates and assigns by receiving this SCO, ICPO, CI, PPOP and other documents relating to this transaction shall not in any manner, solicit and/or accept any business from sources that have been made available by and through the parties hereto, nor in any manner shall access, solicit and/or conduct any transaction with such said sources, without specific permission of the party who made such said sources available. And the parties irrevocably agree that they shall not disclose or otherwise reveal directly or indirectly to a third party any confidential information provided by one party to the other without prior specific written consent of the party(s) providing such information. Emphasis to this Soft Corporate Offer: We reserve the rights to verify if the allocation offered hereto is available before any of our esteemed Buyers issue ICPO to the Seller.

NOTES:

We are acting as Sales Facilitators for our esteemed Seller representing Russian Refineries. We are not Re-seller and are not Title Holder of the Products offered hereto;
Payment Terms: MT103, TT wire transfer.
Any Buyer Mandate, Facilitator, Agent, Representative, Intermediary or Broker (who has no signed NCNDA with us) requesting to receive and/or to know the name and details of our Seller must first sign a standard NCNDA issued by the ICC that protects both sides;
No information on past performances from the Seller is issued to any third party as it violates the Confidentiality Agreement signed between Seller and Buyers;
If ICPO is to issue the Buyer should copy the Procedures of Seller in full without deviation and without change as any change will render ICPO unacceptable to Seller.

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